Weekly News Round-Up

Bringing you the latest news in mining from across the industry

Miners' share price gains evaporate as iron ore price slumps. The falling price of steelmaking ingredients has hit stocks despite record company profits and dividends. Continue reading.

South Africa's mining industry has given its backing to move the continent's most developed economy away from coal but said it must be done gradually and responsibly. Continue reading.

Democratic Republic of Congo's state cobalt buyer and China's biggest cobalt refiner are in talks to end a dispute over a mine at the heart of Congo's efforts to clean up its supply of the metal and reassure car and battery makers that rely on it. Continue reading.

African Gold Group announces a 66% increase in Mineral reserve to 1.25m Oz at the Kobada Gold Project. Continue reading.

South African coal producer, Exxaro Resources Ltd., has tasked its subsidiary, Cennergi, to develop a 70MW Lephalale Solar Energy project at the company's Grootegeluk Complex coal mine in the country's Limpopo Province. Continue reading.

Top 10: Gold Mines in South Africa by Proven Mineral Reserves, collated by Energy Capital & Power. Continue reading.

The Minerals Council of South Africa has announced its support to move South Africa away from coal-fired power, although it must be done judiciously and systemically. Continue reading.

South Africa: Mining sector critical to South African economy rebuild, states Mineral Resources and Energy Minister Gwede Mantashe. Continue reading.

Global mining company, Anglo American has set targets to reduce its greenhouse gas emissions by 30% by 2030, and become completely carbon natural across all operations by 2040. Continue reading.

A total of 174MW of clean, green renewable power is on the way for Sibanye-Stillwater's platinum group metal (PGM) mines in South Africa. Continue reading.

Mining accelerators with Covid-induced transformation are highlighted by the mining survey platform's ecosystem report conducted in conjunction with the University of Queensland, CSIRO, METS Ignited, and SLATE. Continue reading.

The era-defining shift from fossil fuels to clean energy will deliver an unprecedented new boom for commodities - and an opportunity for investors - as a range of relatively obscure materials become essential to delivering emissions-free power, transport, and heavy industry. Continue reading.

How the decarbonization megatrend is disrupting mining investment. The mining and metals sector will see sweeping changes from the transition to a low carbon economy out to 2030, says market analyst Fitch Solutions in its latest industry report. Continue reading.

African gold producing giant Endeavour Mining has set an 'ambitious' target to discover 15-20 million indicated ounces of gold from its projects across West Africa over the next five years. Continue reading.

Canada's Agnico Eagle Mines and Kirkland Lake Gold have announced a US$10.68 billion merger of equals, creating a company with a reserve base of 48 million ounces of gold and an extensive pipeline of development and exploration projects around the world. Continue reading.

South African mining industry is pushing to develop self-reliant power generation capacity, spending up to $2.7 billion to develop 2 GW of renewable energy to supplement its energy requirements. Continue reading.

South Africa's main industry body for the mining sector has made a statement supporting the country's transition away from coal-fired power via a gradual and responsible process. Continue reading.

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