Driving sustainable investment in African Mining

Weekly News Round-Up

30 Oct 2020 | Market News

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.

First and foremost, we're sorry to announce that the 2021 edition of Mining Indaba, due to take place 1-4 February 2021 in Cape Town, South Africa.  The event will return on 7-10 February 2022. Read the announcement.

$1 trillion needed for key energy transition metals, including aluminium, cobalt, copper, nickel and lithium over the next 15 years to meet the growing demands of decarbonisation, reported by Wood Kenzie. Read more.

Mining Review Africa reported that a few mining operations were able to operate with limited capacity during the global pandemic lockdowns, for the companies that were not able to operate at all. It will take up to six months for mining companies to return to normality and resume full production.

The Minerals Council South Africa represents companies that are involved in chrome mining, as a by-product of platinum mining and the integrated ferrochrome producers. There were several challenges facing the value chain, and potential solutions have been discussed. Read more.

First time since 2010, Central banks have become gold sellers as producing nations exploited near-record prices to soften the blow from the COVID-19 pandemic. Read more from African Mining Market.

Tanzanian Gold Corp. have announced the appointed of Andrew Cheatle for the Board of Directors of the company. Read more.

Copper Mining Market Growth 2026: The report offers a detailed view of market opportunity by end user, market size & forecast, growth drivers, emerging trends, market opportunities, and investment risks in over various segments in the Copper mining industry. Read more.

Digital transformation has potential to unblock billions in the mining value, the pandemic could be the catalyst for triggering large-scale digitalisation without any alternative according to Mining Weekly.

De Beers contracts Redpath for mining services at Venetia diamond mine. On the report of International Mining, the contract comprises Redpath providing skilled management, operational and maintenance personnel to form part of the Integrated Operations at the mine.

Global leader in lithium-ion batteries invests in what many believe will be the next major lithium producer. Neo Lithium Corp, a C$110 million market cap company proudly proclaims to be the next major lithium producer. Read more.

The emerging wave of local content regulations in the African mining sector. Miners look to re-invest, governments are tor between a legitimate desire to maintain effective sovereignty over natural resources and need to attract investment to economies due to the impact of COVID-19. Read more.

Lastly, JSE-listed gold and platinum group metals (PGMs) miner Sibanye-Stillwater announces its operational recovery from the severe COVID-19 induced lockdown in South Africa progressed well to date. Reported by Mining Weekly.

If you have an interesting piece of news or analysis that you think our #mining community would benefit from reading, send it to [email protected].
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