Weekly News Round-up

Bringing you the latest news in mining from across Africa

African Gold Group provides an update on ongoing corporate social responsibility projects at its flagship Kobada mine. Continue reading.

Perenti Global Ltd boosts Botswana portfolio with Sandfire Motheo copper project contract in Ghanzi, Botswana. Continue reading.

Mining helps drive South Africa’s GDP growth in the first quarter of 2021 as the country’s economy returns towards levels seen prior to the Covid-19 pandemic. Continue reading.

Ivanhoe mines have inked deals with China’s Zijin Mining’s subsidiary and trader Citic Metal to sell each 50% of the copper production from the recently-launched first phase of its Kamoa-Kalula mine in the DRC. Continue reading.

The highest coal prices in years aren’t enough to spur investment in new mines in the face of heightened efforts by governments and financial institutions, as reported by Bloomberg.

Mining companies are tapping into the flood of cash targeting green investments by touting their production of materials that go into wind turbines, power lines and batteries. Continue reading.

Ethiopia has earned around 505 million U.S dollars from the gold mining sector in the first 10 months of the current Ethiopian Fiscal year that started in July. Continue reading.

South Africa’s Thungela Resources is valued at roughly 3.4 billion rand ($253 million) after listing on the Johannesburg Stock Exchange in a test of investor appetite for coal miners. Continue reading.

Endeavour Mining has announced it would target at least $500 million in shareholder returns through to 2023 with a progressive dividend policy ahead of a London listing expected next week. Continue reading.

BHP has contributed to a $US50 million investment in Jetti Resources, which has developed a new copper extraction technology. Continue reading.

Nickel will be the key beneficiary of electric vehicle adoption against in the backdrop of other battery metals such as lithium and cobalt, supported by its dominant long-range capabilities, reports Mining Review.

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