Weekly News Round-Up


A round-up of some of the top industry stories from across Africa in the last week…

Tanzania is finalising a permit for the country's first rare earths metal mine to an Australian company, Peak Resources. The government is seeking a bigger share of the revenue from the natural resources, reported by African Mining Market.

JSE-listed gold and platinum group metals miner Sibanye-Stillwater says its operational recovery from the COVID-19 lockdown in South Africa has progressed better than planned. Continue reading.

Wheaton Precious Metals Corp, one of the most successful of the Candian royalty and streaming companies, with a market cap of upwards C$26bn has listed its shares in London. Find out more.

Anglo American reinforces sustainability commitment and pathways to decarbonisation including a pathway to achieve carbon neutrality across its operations in 2040. Continue reading.

Council for Geoscience: Championing a lower carbon economy. This demonstration of government's commitment to a low carbon economic development trajectory envisioned by the global economy. Read more.

Congratulations to Australian miner, Orion Minerals accelerating the development of the Prieska Copper-Zinc Project in South Africa, received the AAMEG’s inaugural Emerging ESG Leader Award. Read more.

Wondering about ways to invest in iron ore? Here’s a brief overview of the market, including supply and demand dynamics and investing options. Read the report from Investing News.

Hybrid solutions are best for clean power to remote off-grid mining operations in Africa, amid a big transformation as governments around the world transition away from fossil fuels towards the integration of renewable energy. Read more.

Global smart mining market to reach $26.5 billion by 2027, growing at a CAGR of 19.8% over the analysis period 2020-2027. Read the full report.

The Malagasy government’s ambitions to reform mining legislation has been accelerated by the COVID-19 pandemic, following a failed attempt to introduce new mining code in November 2019. The drive reforms stem from widespread perceptions nationally that mining projects have failed to deliver expected outcomes or benefits, particularly in terms of government revenues and local content contributions. Read more.

Rainbow Rare Earths has signed a binding agreement for co-development of the Phalaborwa rare earth project with Bosveld Phosphates, comprising of approximately 35 Mt of gypsum from historic phosphate hard rock mining, containing rare earth elements with an estimated average in situ grade of 0.6%, according to Mining Review Africa.

Barrick Gold Corporation has announced the appointment of Anne Kabagambe to its Board of Directors as an independent director. Read more.

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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