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.

Endeavour Mining will relinquish its 85% stake in the Agbaou gold mine in Côte d’Ivoire after agreeing on a deal with private African operator Allied Gold worth up to C$80 million. Read more from Resource Global Network.

Reported by Mining Weekly, the De Beers Group is on its way to becoming a miner and marketer of carbon-neutral diamonds.

Despite the ongoing uncertainty caused by the global Covid-19 pandemic, the mining industry continues to play a crucial role in the global economy, proving how resilient and adaptable it is. Read more.

Mining industry celebrated in Mining Elites in Africa 2021, download today to find out more.

Perseus Mining announced yesterday that it's gold mining operations continue to perform well and maintaining its record of consistently strong operating performances. Read more.

Tanzania and UK-based mining firm Kabanga Nickel Limited signed a framework agreement on Tuesday to jointly develop the Kabanga nickel project formerly owned by Barrick Gold and Glencore. Read more.

The global pandemic is accelerating investment in automation and technology upgrades by mining companies to reduce the numbers of staff on-site, according to the chief executive of the world’s largest mining drilling equipment manufacturer. Read more from Reuters.

According to Mining.com, copper prices fell sharply on Wednesday with anxiety over a “third wave” of variant covid-19 spreading across the globe and a stronger US dollar pushing down the bellwether metal.

South Africa’s mining industry prepares for $20 million Covid-19 vaccine rollout effort to mineworkers and community members as the country battles a surge in infections. Reported by Reuters.

Wits geophysicists have invented cost-effective and environmentally friendly seismic technologies. Read more.

The global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both 2020 and is projected for 2021. Read more.

A non-profit initiative of Engineers Without Borders – has announced that four mining companies have adopted its Mining Local Procurement Reporting Mechanism (LPRM), with two more firms set to do the same shortly. 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.