Weekly News Round-Up


As the COVID-19 crisis continues, we bring you another week of positive stories in African mining.

South Africa’s Department of Mineral Resources and Energy has issued a firm directive to all mining operations to ensure safe start-up procedures as the sector prepares to ramp up to 50% of capacity. This piece from Mining Weekly focuses on the Health & Safety aspects of the directive. Read more.

Copper and cobalt miner Katanga Mining (TSX: KAT) has agreed to Glencore taking it private, with the major offering a 100% premium for the small number of shares it doesn’t already own. Read more.

Mining Indaba sponsor Endeavour Mining has announced that its President and CEO, Sebastien de Montessus, will donate 30% of his base salary to support Covid-19 relief efforts. Read more.

Linked to this, Mining Indaba recently interviewed Sebastien de Montessus about recent developments at Endeavour. You can read the piece here.

In the wake of criticism from the Zambian Mines Minister, Glencore has agreed to reopen its Zambian copper mines, pending agreement from the government. Read more.

 Not breaking news, but this opinion piece from the World-Wide Fund for Nature South Africa (WWF-SA) discusses the opportunity COVID-19 presents for mine bosses to assess and rethink the impact of their operations on communities. Read more.

If you have an interesting announcement or content piece that you think our #mining community would benefit from reading, send it to marketing@miningindaba.com.

(Image courtesy of Endeavour Mining)
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