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.

As reported by Resource Global Network, London-listed IronRidge Resources has announced that visible mineralisation has been observed during an ongoing drill programme at the Ewoyaa lithium project in Ghana. Continue reading.

Exxaro Resources will sell off the bulk of its state in Tronox to 1.6% in public offering, they announced on Wednesday. Continue reading.

Australian shares closed higher on Thursday, helped by gains in energy and mining stocks as commodity prices continued to strengthen, and as data showed a higher-than-expected rise in domestic business investment. Continue reading.

Strong performance in West Africa lifts Perseus’ net profit 61%, a total of 137,386 ounces of gold in the half-year period ended 31st December 2020 and a 2% increase over the corresponding period in 2019. Continue reading.

Sibanye-Stillwater has agreed to invest in a European lithium company Keliber Oy, marking the South African miner’s entry into the battery metals sector. Continue reading.

The next frontier at Pan African Resources’ historic Evander gold mine, report Mining Review Africa. The Mid-tier gold producer Pan African Resources (PAR) recently discovered an exceptionally high-grade ore body at its Consort mine within the historic Barberton Greenstone Belt. Continue reading.

Endeavour Mining, a leading West-Africa-focused gold miner, sets sights on free cash flow and organic growth for 2021, according to Proactive Investors.

South Australia ranks in the top 10 for global mining investment, remaining among the world’s top-performing mining jurisdictions in the Fraser Institute’s influential global survey on mining investment attractiveness. Continue reading.

Anglo American Unki Platinum mine in Zimbabwe has earned the Initiative for Responsible Mining Assurance (IRMA) 75 level for responsible mining, based on the completion of an independent audit by SCS Global Services. Continue reading.

Glencore has reinstated its dividend despite reporting a full-year net loss of US$1.9 billion after recording big write-downs in a COVID-impacted 2020. Continue reading.

As reported by Global Mining Review, West Africa gold output to grow 2.7% in 2021. Gold production in West Africa’s leading markets – Ghana, Burkina Faso and Mali are expected to increase by 2.7% in 2021 to 8 million oz and grow to 8.4 million oz by 2021. Continue reading.

Kuma Iron Ore has announced plans to spend US$246 million extending the lift of its giant Sishen open pit operation in South Africa's Northern Cape province. Continue reading.

On Monday, AngloGold Ashanti joined gold mining peers in boosting payouts to shareholders after reporting a leap in annual earnings thanks to surging gold prices. Continue reading.

Komatsu, Japan’s top construction equipment maker, plans to develop hydrogen power as an alternative to diesel for heavy-duty mining dump trucks, in a first for the industry. Continue reading.

London-listed Tirupati Graphite has announced the successful completion of trials and tests for the manufacture of battery grade spherical graphite (SPG) for use in lithium-ion batteries. 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 marketing@miningindaba.com.

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