Driving sustainable investment in African Mining

Weekly News Round-up

09 Nov 2022 | Market News

Bringing you a round-up of what happened last week

Zimbabwe has the world's third-largest reserves of platinum after Russia and South Africa. It also mines nickel, chrome, lithium and coal. Mining companies that operate in Zimbabwe include subsidiaries. Continue reading.

Gold Fields Ltd. was burning cash almost every year at their only facility in South Africa, until the continent’s third-largest miner of the metal started looking at Toyota Motor Corp. for inspiration. Continue reading

South Africa's Gold Fields (GFIJ.J) talked up support for its proposed takeover of Yamana Gold (YRI.TO), with shareholders set to vote on the deal in four weeks' time. Continue reading.

The Australian federal government forecasts investment in upstream and mining projects to rise by 4pc in the 2022-23 fiscal year to 30 June from 2021-22, which would be the highest rate of growth since 2015-16. Continue reading

PERTH (miningweekly.com) – The resources sector has welcomed the federal government’s Budget, but has warned that policy changes could have a negative impact on future investments. Continue reading

In this first digital conversation in the Power and Mining series, ESI Africa will consider the decisions a mine has to take in its quest to secure its supply of electricity. Continue reading

Zambesi gold is set to impact Africa's mining sector, nevertheless, South Africa remained the world's dominant gold player for over a century, producing 30%. Continue reading

The Copper Mark announced Monday it is extending its responsible mining assessment already covering a fifth of global copper production. Continue reading

Scientists may have discovered a method for making magnets used in wind turbines and electric cars without the rare-earth metals that are almost exclusively produced in China. Continue reading

Africa’s exploration spend is stagnating despite it being ‘rich in minerals' Tllow Oil and The Metals Company nonexecutive director Sheila Khama, during her keynote address. Continue reading

Barrick Gold Corp aid promising drill results could see the life of its Zambian Lumwana copper mine extended to 2060 from 2042, its Chief Executive Officer Mark Bristow said on Wednesday. Continue reading

De Beers, the world’s top diamond producer by value, saw production of roughs climb 4% to 9.6 million carats in the third quarter of the year, compared to the same period of 2021. Continue reading

South Africa expects an $8.5 billion climate-finance package that it’s negotiating with some of the world’s richest nations to attract significant additional funds to help it transition away from using. Continue reading

Mining Review Africa will delve into the reasons for considering moving beyond the grid, the implications for your bottom line and what you need to factor in to your decision. Continue reading

Mining stakeholders ought to do more to capitalise on existing resources, such as available geological and mining data, Orion Minerals CEO Errol Smart noted at the 2022 Council for Geoscience Summit. Continue reading

Is Copper the most important metal we're running short of? With more than more than 20 million tonnes consumed each year across a variety of industries. Continue reading

What is green copper and what opportunities and challenges does it present for miners? As the electrification of the world continues to gather pace, copper supply is under the spotlight. Continue reading

If you have an interesting piece of news or analysis that you think the #mining community would benefit from reading, send it to [email protected].
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