Weekly News Round-Up

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.

Over the last year, 34 countries saw a significant increase in mineral resource nationalism, according to the latest research compiled in Verisk Maplecroft’s Resource Nationalism Index. Continue reading.

Australian mining companies invested A$2.8 billion ($2.1) in exploration in 2020 to sustain local operations and discover the copper, gold and rare earth element deposits of the future. Continue reading.

Anglo Pacific Group’s recent US$205 million deal for a 70% interest in a stream on cobalt production from the Voisey’s Bay mine in Canada. Continue reading.

Endeavour Mining is switching its focus to integrating new mines after a $2.7 billion acquisition spree in West Africa later year. Continue reading.

South Africa urged to play to strengths as its plots role in the lithium-ion battery value chain, reports Mining Weekly.

Gold Fields Ltd welcomes the electricity generation licence approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar power plant at its South Deep Mine. Continue reading.

TSXV-listed explorer Kincora Copper has lodged a prospectus to raise up to A$10 million in fresh equity that will see it trade on the Australian Securities Exchange (ASX), reported by Resource Global Network.

There has been growing momentum in the energy sector which appears to give credence to governments across the world’s commitment to transition to low-carbon economies, reported by AfricaNews.

Leading analytics company GlobalData has estimated that global silver mine production will increase by 8.1% this year, in a strong bounce back from the 2.4% fall in silver output seen in 2020. Continue reading.

Amid continuing decarbonisation worldwide, the increased global demand for tech minerals (zinc, copper, tin and vanadium) presents South Africa’s mining regions with a ‘unique set of circumstances’, according to Mining Weekly.

South Africa can successfully exploit its vast mineral resources if it is able to take advantage of current mining megatrends while focusing on collaboration, sustainability and ensuring investor-friendly regulatory policies, according to Mining Review Africa.

The energy transition will drive more copper mining, a virtual part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonisation more costly. Continue reading.

Leading companies in the mining industry are taking steps towards decarbonisation. Over a dozen mining and service companies have joined forces to create the electric mine consortium with the ambition to accelerate progress towards the fully electrified zero CO2 and Zero Particulates mine. Continue reading.

Diamond and uranium producer Namibia said on Wednesday that locals who own mineral exploration licences will no longer be able to sell out to foreigners, in a move aimed at curtailing speculation in the sector, reports Reuters.

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

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