Weekly News Round-Up

Bringing you positive mining stories from across the continent this week.

Global gold production will increase from 106moz in 2020 to 133moz by 2029, averaging a 2.5% annual growth, according to Fitch Solutions forecasts. Read more.

To help aid Australia’s economic recovery, increasing minerals exploration investments. The growing investments made by the mining industry will secure regional jobs and Australia’s long-term prosperity, with £2.8 billion spent. Read more.

Africa-focused Gem Diamonds have made another discovery of a 233 carat type II white rough at its Letseng mine in Lesotho. Following the discovery of a 442 carat type II white rough at the same time last month, reported by Mining.com.

De Beers Marine South Africa and a digital services company have tested a customised IoT solution to provide geofencing to maintain safe working distances for crew around heavy machinery involved in the marine diamond mining operations. Read more.

Endeavour Mining has announced that mining operations in their Boungou mine will recommence un the upcoming weeks, reported by Globe Newswire.

Interviewed by S&P Global Intelligence, a critical-mineral expert urges lateral thinking amid foreign investment reforms.

The latest Australian accounts released today reveal how important the resources sector is to the economy through the global coronavirus pandemic, the industry is proving more than resilient. Read more.

Nigeria aims to have 50 mines in operation by 2023 to make up for time lost because of the impact of COVID-19 on development of the nascent sector. Read more from Reuters.

Finally, if you like to keep up to date with the latest developments in African mining, why not check out Mining Indaba’s webinar schedule? The webinars are free to participate in live or watch on-demand at your convenience. Find them here.

Mining Indaba Newsletter

Stay connected with our global mining and finance community.
Register to hear the latest news.