Driving sustainable investment in African Mining

Weekly News Round-Up

16 Apr 2021 | Market News

A lot has happened in the sector this week, so we've curated a round-up of top news stories in the mining industry.

South African lender Capitec CPIJ.J declared an annual dividend of 1,600 cents per share on Tuesday, declining a 27% in full-year profit. Continue reading.

Giant Copper mines start to get serious about green hydrogen, according to Bloomberg. It will help the industry kick their fossil fuel habit and turn into action in the biggest copper-producing nation.

TSXV:EAM listed company East Africa Metals announced that its Tanzanian partner, PMM Mining has begun tailings re-processing operations on schedule. Continue reading.

Mining company shareholders are demanding change from an industry whose reputation has been battered by collapses of mine waste storage facilities. A shift investors and governance experts say is sorely needed to mitigate in an inherently hazardous industry. Continue reading.

Sibanye-Stillwater's Neal Froneman has emphasised that the company will continue to increase its geographical diversity through value-accretive merger and acquisition (M&A) transactions. Continue reading.

Mining stocks drove gains for the FTSE 100 on Wednesday after Goldman Sachs lifted shares of Glencore to buy, reports MarketWatch.

TSXV-listed exploration firm Roscan Gold has further expanded its land package at the Kandiole Project in Mali by acquiring the permit to the immediate West of the Segondo West Permit. Continue reading.

Project gold mines are expected to produce more than ever in 2021, metal focus remains bullish towards gold and institutional money into the yellow metal will continue. Continue reading.

Trafo Power Solutions confirmed its two dry-type transformer units for a South African coal operator, fitting them into an existing enclosure for indoor and outdoor use at the site. Continue reading.

Copper is a national security issue says founder and co-chairman of Ivanhoe Mines, mining companies will have to be "real heroes" and governments will have to accept the industry if the world is to successfully transition to clean energy and transport. Reported by Mining Global.

This week, African Gold Group Inc has released an update on the development of its flagship Kobada Project. Working diligently at advancing the project, focusing mainly on increasing the reserve base and optimising the free-milling sulphide metallurgical testing. Continue reading.

Resolute Mining has advised that the Ghanaian Honourable Minister for Lands and Natural Resources, Hon. Samuel A Jinapor, MP, has notified the company that the mining lease for the Bibiani Gold Mine has been restored. Continue reading.

Suntrace and BayWa r.e., together with B2Gold have completed commissioning of the world's largest off-grid solar-battery hybrid system for the mining industry at the Fekola gold mine in Mali, West Africa, reports Mining Global.

Hummingbird Resources emerges from a challenging period with an organic growth pipeline in West Africa. Continue reading.

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