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.
Great news for #MIVirtual's supporting partner Sibanye-Stillwater! The JSE- and NYSE-listed precious metals miner has achieved improved production from all operating segments in the second half of 2020, compared with the first half of the year. Read the full article from our knowledge partner and gold media partner Creamer Media.
The drive to improve productivity and reduce downtime will lead to further investment by mining companies. Predictive maintenance an investment priority for miners, reported by Mining Weekly.
Gold investment demand remains well supported in 2021. The Covid-19 pandemic has raised uncertainty by compounding existing risks and new risks but by the end of the year, investors were optimistic that the worst was over. Continue reading.
SA miners are said to support Covid-19 vaccine roll-out as case numbers rise, playing an active role to help the country. Continue reading.
Reported by Australian Mining, FLSmidth is in talks to acquire Thyssenkrupp’s mining business, creating further consolidation in the global mining equipment and technology space. Continue reading.
The delivery of a cutting-edge 17 MW/15 MWh energy storage platform and Wärtsilä’s advanced GEMs system is optimising energy management at B2Gold’s Fekola gold in Mali, International Mining reports.
IAMGOLD boss targets 1 million ounces gold production target after a challenging 2020, reports Resource Global Network.
Tietto Minerals has appointed Matthew Wilcox as its COO as it progresses towards becoming West Africa’s next gold producer, developing the 3.02 Moz Abujar Gold project in Cote d’Ivoire. Continue reading.
Canadian Mining Journal reports Roxgold hits high gold grades at Seguela in West Africa. Continue reading.
Morgan Stanley analysts announced copper-exposed stocks could be set to surge in 2021, and a buying opportunity could be around the corner. Prices HG00,- 1.40% rallied at the end of last year and into 2021, hitting $3.696 a point – highest since 2013. Read more.
Forbes picks 9 top stocks for resource investors including Gold, silver and copper. Find out their top picks.
On Tuesday, Glencore has agreed on the sale of its majority stake in Mopani Copper mines to Zambia’s mining investment arm ZCCM-IH in a $1.5 billion deal, the miner and trader said. Continue reading.
Are mining companies starting to place more faith in IoT? According to Total Telecom, the majority of mining organisations reporting significant return on investment following a period of increased deployment of IoT solutions.
2020 was the year for many countless firsts and lessons were learnt. The key issues for the mining sector in 2021, adopting the successful responses to the pandemic and other aspects of risk management within their businesses. Continue reading from Mining Review Africa.
Resource Global Network reports miner Kabanga Nickel has signed a framework agreement with the government of Tanzania to develop the world’s largest battery-grade nickel sulphide deposit in the country’s Northwest. Read more.
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