Weekly News Round-Up


Hot off the press...

The Mining Indaba and Shanghai Mining Club - Virtual Roadshow and Conference is back with an even more significant number of investment opportunities. Continue reading.

BHP is prepared to pursue opportunities in "tougher jurisdictions", as the world's biggest mining company seeks to increase its exposure to metals that will be needed to power the energy transition. Continue reading.

SomaBull has been investing in the gold and silver sector for almost 20 years, has maintained a strong track record of outperformance, and currently is a research consultant for high-net-worth clients investing in the precious metals market. Continue reading.

Australian lithium producer Sayona Mining said on Monday it raises A$100 million ($72.5 million) through a share issue to fund the acquisition of the Moblan Lithium Project in Quebec, Canada. Continue reading.

Glencore investors are set for a bumper dividend payout due to the surge in coal prices, according to the latest research from analysts at Deutsche Bank. Thermal coal prices are at record levels and point to a US$15bn cash return from mining giant on the horizon. Continue reading.

Anglo American Plc appointed a female chief executive officer to run its South African iron ore business for the first time as the mining giant reshuffles its top bulk commodities management. Continue reading.

On Wednesday, Anglo American Platinum (Amplats) announced it has selected the Pele Green Energy - EDF Renewables South Africa consortium as the preferred supplier to build a 100MW solar photovoltaic (PV) plant at its cash-spinning Mogalakwena mine in Limpopo. Continue reading.

Barrick Gold Corp. and Caterpillar dealer Tractafric have installed 7.5 MW of battery energy storage capacity for the company's microgrid at the Kibali gold mine in the Democratic Republic of the Congo (DRC). Continue reading.

Minerals Council of Australia - has set a target for the sector to reach net-zero carbon emissions by 2050, in a sign of a shifting attitude towards the highly polluting coal industry. Continue reading.

South Africa's mining industry is at its lowest level of exploration investment since democracy began in 1994, the Joburg Indaba held on Thursday. Continue reading.

Minister of Mineral Resources and Energy Gwede Mantashe emphasised the role of the mining sector in the recovery and reconstruction of South Africa's economy at the same time as giving a timeline to the shift away from coal-fired energy generation. Continue reading.

With Africa-focused debt advisor Taurum's appointment, WWI is a step closer to assessing financing options that will support the circa US$50 million required to bring the Witwatersrand gold asset online. Continue reading.

A group of the world's biggest mining companies have committed to a goal of net-zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM). Continue reading.

91% of mining companies surveyed in an Ernst & Young (EY) report plan to ramp up their digital investment in the next 12 months. Continue reading.

South Africa must manage its transition away from coal-fired power generation systemically and not rush a switch to renewable energy sources, Mining and Energy Minister Gwede Mantashe said on Thursday. Continue reading.

According to PwC, revenue from mining sales for the financial year (FY) 2021 for the platinum group metals (PGMs) sector reached R300.7 billion - double the R150.9 billion posted inFY 2020. Continue reading.

Seattle-based First Mode says it's partnering with the global mining company Anglo American in a multi-year joint development deal that includes an $8.5 million investment in First Mode. Continue reading.

The Minerals Council South Africa congratulates the winner of the Reimagining Training in the Mining Innovation Showcase, an open innovation challenge that investigates the use of technology in training to upskill and reskill the mining workforce effectively for the fourth industrial revolution. 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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