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.

Mining Indaba is delighted to announce that His Excellency, Félix Tshisekedi, President of the Democratic Republic of Congo (DRC) has confirmed his participation at the online conference. Read more.

Great news from Minerals Council South Africa. Announcing 10 COVID-19 women in mining heroes, as part of the Minerals Council’s drive to shine a spotlight on the work done by women in the South African mining industry. Continue reading.

African contract miner Moolmans continues turnaround despite COVID-19. The mining business showed continued progress on the journey to re-establish the business as a leader in open-cut contract mining operating in Arica. Read more.

East Africa Metal Inc. announced the management is advancing discussions with potential mining partners for the development and operation of the Harvest Copper-Gold VMS Project in Ethiopia. Continue reading.

PWC forecasts the mining industry has weather the storm of the global pandemic well and reports that the industry will only feel a moderate impact. Forecasting for 2020 that the top 40 miners will take a modest hit of EBITDA of approximately 6%, faring better than many other industries. Reported by Kitco.

The mining of lithium is somewhat controversial for environmental reasons, playing a crucial role in the energy transition and key element in electric mobility. It was recently discussed that the mine water in abandoned tunnels could be turned into valuable water. Continue reading from Innovation Origins.

Gold may be attracting investors attention, the head of mining and metals and partner at European law firm Fieldfisher believes that the underlying trend and interesting going forward is in technology metals, reports Mining Review Africa.

Global mining review discusses gold mining ESG factors in the value-creation lifecycle. As the industry moves purely from supplying gold to having sustainable, ethical, and environmentally cognisant operations. Continue reading.

South Africa’s main stock benchmark index extends gains for a second day and rises as much as 0.4% to the highest intraday level since February, as banks and diversified miners rally. Continue reading.

Mining Contractor Mota-Engil has been awarded a contract with €240 million via its African subsidiary for the preparation, excavation and transport at the Gamsberg zine mine in the Northern Cape in South Africa, International Mining reports.

The Future of Mining – Sustainability – Law-firm Hogan Lovells and Africa Legal turns the spotlight on the topic of sustainability, an important discussion within the mining sector. Read the full report.

According to S&P Global, BHP Group targeting technologies focused on ‘future-facing’ commodities. Continue reading.

Egyptian firms plan gold mining investment in Nigeria, the Federal Government has signed an expression of interest agreement with leading Luxembourg Incorporated Private Gold Development and Mining Company in Cairo, Egypt. Signed for the investment in gold mining in Nigeria. Continue reading.

Mining Review Africa reports that AIM and TSXV-listed African mining project and royalty generator Altus Strategies completed the sale of the Prikro and Zenoula gold projects in the Republic of Côte d’Ivoire.

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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