Weekly News Round-Up

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

Diamond development initiative becomes part of Resolve, working on issues affecting artisanal diamond miners. In an interview, it was confirmed that the group decided to become a part of Resolve in response to the growing number of organisations working on artisanal mining issues. Read more.

Streaming companies interested in PGM deal from Ivanhoe Mines' platreef project. Ivanhoe Mines is continuing strategic discussions over its Kipushi copper project in the DRC, holding 64% of the Platreef through its subsidiary Ivanplats. Read more.

Big move for mining and natural resource lawyers! In an exclusive interview with Africa Legal, Warren Beech confirmed that one of Africa's top legal mining and natural resources teams has been re-established as a new boutique firm.

As investor pressure mounts, miners are starting to decarbonize to address their greenhouse gas emissions and align their plans with internationals goals to achieve net-zero emissions by 2050. Read more.

Rio Tinto accelerates its work on the potential development of the Simandou iron ore project in Guinea as half-year earnings showed the steel-making dominated the producer's profits. Find out more.

Opportunity exists for South Africa's mining sector to continue exploring cost-saving measures with improved energy efficiency which could boost efforts to save energy and cost to improve the sustainability of the sector which accounts for 8% of the country's GDP, reported African Mining Market

Metals and mining are a critical part of the future of clean energy, which triggers major shifts for mined materials such as nickel, cobalt, copper, lithium, gold and rare earths. Read more.

As the pandemic has compelled the Angolan government to take measures that contribute to mitigate the effects of the crisis and the scenario of uncertainty that involved the national economy, Angola have highlighted the importance of investment in the mining sector of ornamental rocks. Discover more.

Teranga sees potential to create top-tier mining project in Senegal gold complex, which could have the potential to be a top-tier, low-cost gold mine in West Africa. The company said that the project has a proven probable reserve base of 4.8 million ounces of gold. Read more.

The effects of mine closures are a result of COVID-19 and have had an extensive impact on the possible production volumes of many copper mining companies with revenues still projecting continued growth through to 2029. Read more.

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