Weekly News Round-Up

A round-up of this week’s positive mining industry stories from across Africa.

This week, Mining weekly reported that Mozambique has completed a seamless advance from a traditional mining cadastre system into full online licence processing, making it a leader in Africa. Read more.

London Stock Exchange listed Kavango Resources announced that it has been granted two prospecting licences in the Botswana section of the highly prospective Kalahari Copper Belt. Read more.

In an update following the restart of its mining operations in South Africa, BlueRock Diamonds Plc reported no cases of COVID-10 at its Kareevlei mine. Further, the company noted that production has averaged almost 2,000 tons per day since May 11, up 65% on the average daily rate in the fourth quarter of 2019, which at the time represented a record performance. Read more from Proactive Investors.

In an announcement on Wednesday, Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" said that underground development at the Kakula Copper Mine continues to advance ahead of schedule with more than 15.4 kilometres now complete – 4.7 kilometres ahead of plan. Learn more about the project.

Exxaro Mining is reportedly distributing food parcels to hard hit mining communities, the latest in a long list of COVID-19 assistance initiatives launched by South African miners. Read more from Engineering News.

Not strictly breaking news, this video update from Linklaters is a helpful resource for understanding how COVID-19 is affecting London-listed companies. For more resources from the London Stock Exchange Group and its partners, visit their Spark Portal.

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