Driving sustainable investment in African Mining

Weekly News Round-Up

16 Sep 2020 | Market News

What’s the latest in African mining? Here’s your weekly roundup of top news stories in the sector, curated by the Mining Indaba team.

Hyundai Motor sees hydrogen fuel vehicle marketing boom 43 times over 2022-2040. Read the full report.

Low cost and low energy technologies to reduce, reuse and recycling mining waste to accelerate carbonation have demonstrated significant carbon capture over a very short period and the formation of carbonate minerals. Read more.

South Africa’s top gold producer (Harmony Gold) to boost output gains after pandemic, according to Bloomberg.

Can blockchain turnaround Africa’s mining industry? Home to 54 countries and most diversified mineral deposits, blockchain has the potential to make many challenges a thing of the past. Read more.

Thyssenkrupp Industrial Solutions plans to allow African miners to lease rather than purchase equipment to help them overcome cashflow problems. Read more from The Africa Report.

As open-pit mines reach their economic end of life, mine owners are considering the viability of transitioning their open-pit operations to underground. Worley to help out miners on their open pit to underground mining transition. Read more.

Junior Mining Network reports that Stellar Africa Gold signs definitive agreement to acquire Altus Strategies’ Cote D’Ivoire gold assets.

TSX-listed mining companies Dundee Precious Metals and Teranga Gold Corporation have been included in the Toronto Stock Exchange’s TSX30 for 2020 in recognition of their strong three-year share price performance. Read more.  

Petra Diamonds Ltd has recovered five Type llb blue diamond of high quality in terms of both their colour and clarify at the Cullinan mine in South Africa. Read the full article.

Microsoft urges South Africa miners to adopt digital solutions in recovery plans, showcasing the power of technology. Read more.

Junior and intermediate mining companies raise the most in more than six years in August: BMO Capital Markets. Read more.

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