Weekly News Round-Up

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

Encouraging exploration would deliver enormous opportunities for SA says Mark Bristow, Barrick Gold President and CEO, reported by Mining Weekly. Bristow commented on the recent call for mining explortation to be encouraged, made by the economic transformation committee (ETC) of the African National Congress (ANC).

Scramble is on for new lots as mining investment, government incentives drive Kalgoorlie-Boulder residential land rush. Read more.

Ivanhoe Mines announced a deal on Tuesday with China Nonferrous Metal Mining Group Co. Ltd under which the companies would jointly look for African mining projects to explore, develop or acquire. Read the full article from Reuters.

Gold mining companies in Mali reassured investors that their operations were continuing as normal despite a deepening political crisis in the West African nation, African Mining Market reports. Companies have been monitoring the situation but operations were unaffected by the coup in the capital Bamako.

Soma Gold announces the granting of final permits and the commencement of construction of the Balvina Cordero Portal. Find out more.

Mining production and investment across most minerals, except for thermal coal, likely to finish the year stronger than the first half as a result of firms being unencumbered by restrictive lockdowns according to financial risk management, solutions and insights company Fitch Solutions. Read more.

Is Zambia the future for the green revolution? Zambia’s status as one of the most prolific cobalt and copper producers should interest anyone committed to a transition to clean energy, African Mining Market reports.

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.

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