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A service for gold trading professionals · Thursday, May 29, 2025 · 817,344,227 Articles · 3+ Million Readers
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Southern Africa Gold Industry News  •••  Topics  •  Southern Africa Media Directory

Southern Africa Gold Industry Newswire

  • Published on 14:13 GMT

    Criticism of South Africa's new Mineral Resources Bill: A disaster in the making?

    Sharp criticisms have emerged over the structure of the new Mineral Resources Bill that was gazetted for public comment last week by Minister of Mineral and Petroleum Resources Gwede Mantashe with the DA on Wednesday saying, "The new minerals bill is …

    Source: IOL - Indeterminate
  • Published on 13:19 GMT

    SA mining ready to lead Africa’s economic renaissance

    SOUTH Africa’s mining industry stands at a crossroads. Despite global economic volatility and domestic challenges, our sector remains positioned to drive the economic transformation President Ramaphosa envisioned when he spoke of creating “a transformed, …

    Source: Miningmx - Pending
  • Published on 12:29 GMT

    Gold slips amid risk rally as Nigeria mulls Naira-backed reserve strategy

    The bullion asset declined today amid a surge in risk appetite. Gold fell after a federal court ruling on President Donald Trump’s trade tariffs led to a rally in risk-on assets. Gold had already been losing value throughout the week following Trump’s …

    Source: Nairametrics - Neutral
  • Published on May 28, 2025

    The global race for critical minerals is on. Where is South Africa?

    The area around Hotazel in the Northern Cape contains much of the world’s known deposits of manganese. Geopolitical tensions over critical minerals have become the focus of the global energy transition. The worldwide shift toward decarbonisation has …

    Source: Mail & Guardian - Left-wing
  • Published on 08:40 GMT

    Gold Surge Slashes Zimbabwe’s April Trade Deficit as Mining Drives Gains

    Zimbabwe recorded its first trade deficit contraction in 2025, largely due to the strong performance of the mining sector, particularly gold and nickel exports, which offset declining imports. By Ryan Chigoche According to newly released Zimstat data, the …

    Source: Mining Zimbabwe - Pending
  • Published on 08:09 GMT

    21 African currencies projected to fall against U.S. Dollar in 2025

    Nearly half of Africa’s currencies are expected to weaken against the U.S. dollar in 2025, driven by geopolitical tensions and internal economic pressures, according to the African Development Bank (AfDB). In its latest Africa Economic Outlook, the Abidjan …

    Source: Business Insider Africa - Neutral
  • Published on 04:38 GMT

    Harmony Gold to Acquire MAC Copper for US$1.03B

    Harmony Gold (JSE:HAR | NYSE:HMY) has agreed to acquire MAC Copper (ASX:MAC | NYSE:MTAL) for $1.03B, helping to further propel the company’s strategic shift into copper. Harmony Gold, South Africa’s top gold producer will gain full ownership of the CSA …

    Source: The Assay - Pending
  • Published on May 28, 2025

    South Africa needs more junior miners, Junior Indaba speakers say

    With South Africa’s share of global exploration expenditure in mining having dropped below 1% in recent years, the longevity of this legacy industry in the country depends on encouraging more junior miners to discover and unlock new resources, particularly …

    Source: Skillings Mining Review - Florida - Pending
  • Published on May 28, 2025

    Richmond Hill brewery rakes in African Beer Cup awards

    A Gqeberha brewing company has once again demonstrated its excellence in craft beer by coming out tops at the annual African Beer Cup awards. The prestigious event saw 260 brews from 14 African countries compete, judged by a panel of 58 expert judges from …

    Source: Herald (South Africa) - Neutral
  • Published on May 28, 2025

    Musk’s $44 Billion Mistake Turned Into a Surprising Gold Mine

    Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Through a stroke of good fortune, Elon Musk’s otherwise disastrous purchase of Twitter has turned into one of the great business …

    Source: Slate Magazine - Left-wing
  • Published on May 28, 2025

    Why Africa 100m silver medalist Maia McCoy parted ways with Liberia

    Maia McCoy (Left) (400m) of Liberia and Bianca Stubler (200m) of United States train at Ulinzi Sports Complex on May 28, 2025. They are training for the Absa Kip Keino Classic Continental Tour sixth edition set for May 31, 2025, at the same venue. [ …

    Source: The Standard - Indeterminate
  • Published on May 28, 2025

    South African Union Responds to White House Debacle

    THE GENERAL INDUSTRIES Workers Union of South Africa (GIWUSA) denounces in the strongest terms President Cyril Ramaphosa’s shameful pilgrimage to Washington to beg favors from the world’s leading racist imperialist, Donald Trump. This spectacle represents …

    Source: International Viewpoint - Pending
  • Published on 09:16 GMT

    Platinum Price Breaks Out as Chinese Demand and Global Shortfalls Ignite Rally

    The platinum price has surged over 20 percent year-to-date, propelled by a sharp rebound in Chinese demand and a tightening global supply picture that analysts say may signal a prolonged market deficit. On May 23, platinum closed at US$1,098.40 per ounce, …

    Source: Investing News Network - Neutral
  • Published on May 28, 2025

    USAID losses in Africa leave funding gap that mining sector must step up to fill

    Entire funding streams are set to vanish in countries including ​​Senegal, Guinea and Mauritania, while the Democratic Republic of Congo (DRC), Ethiopia, Uganda and South Africa will be hit hardest in terms of lost aid volumes. As African and international …

    Source: Business Matters - Neutral
  • Published on May 28, 2025

    Harmony Gold enters Cobar copper with US$1bn CSA buy

    South Africa’s Harmony Gold has struck a US$1.03 billion deal to acquire MAC Copper (ASX: MAC) and its sole strategic asset: the CSA copper mine in New South Wales. The CSA mine is one of Australia’s oldest and highest-grade copper operations, with a 150- …

    Source: Azzet - Pending
  • Published on May 27, 2025

    Lithium Africa

    Investor Insight Leveraging early-stage land acquisition, accelerated drilling and a strong strategic partnership, Lithium Africa delivers maximum exploration efficiency, capital leverage and de-risked lithium discovery upside at scale. Overview Lithium …

    Source: Investing News Network - Neutral
  • Published on May 27, 2025

    Understanding Global Shifts and Strategic Responses for South African Traders

    By Zihaad Israfil, CEO of CFI Financial Group South Africa May 27, 2025 “At a time when headlines move markets, and geopolitical risks evolve seemingly by the hour, today’s traders must stay sharper than ever. The global financial landscape is shifting, …

    Source: South Africa Today - Right-wing
  • Published on 20:23 GMT

    Trump graphite tariffs could spark price run

    US announces 721% tariff on Chinese natural and synthetic graphite Argonaut Research says prices could lift to US$36/kg Renascor Resources says near-term producers set to benefit Our High Voltage column wraps all the news driving ASX stocks with …

    Source: Townsville Bulletin - Center-right
  • Published on 21:35 GMT

    Harmony Makes $1.03 Billion Play for Australian Copper Asset in Major Expansion Move

    South Africa’s Harmony Gold Mining Company has entered into a binding agreement to acquire MAC Copper for $1.03 billion, in a transaction that aims to expand the company’s footprint in Australia’s copper sector. The announcement came on May 27, confirming …

    Source: Skillings Mining Review - Florida - Pending

04 days 04:35:04

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