Weekly News Round-up

Hot off the press...

Australia has been witnessing growth in FDI, with values increasing by 6.3% between 2016 and 2020. Mining has been the key FDI sector in Australia in 2020, accounting for over one-third (35.1%) of total FDI. Continue reading.

Achieving the dream of sustainable small-scale copper and gold mining in Zambia. Kula Resources is a new and agile mining company with the aim to transform small-scale mining in Zambia. Continue reading.

The world's deepest precious-metals mines, together with giant iron-ore and coal pits are providing an unexpected boon to a South African economy slowly recovering from its biggest contraction in a century. Continue reading.

A group backed by German car-making giants Daimler AG and Volkswagen AG has started a study into the environmental impact of lithium mining in Chile, the second-largest supplier of the key ingredients in rechargeable batteries. Continue reading.

As funds for fossil fuel projects run out, Botswana is competing to develop six new coal mines and rail links for export, and the government is preparing to invest its own money in the project with more than 200 billion tonnes of undeveloped coal reserves. Continue reading.

A recent study from Verisk Maplecroft found that the Covid-19 pandemic has contributed to a surge in governments pursuing resource nationalist policies. Continue reading.

Egypt signs 4 new contracts to search for gold and associated minerals and exploit them in 15 new sectors between the Egyptian General Authority for mineral resources and the Australian companies Centamin and Canada's B2 Gold, with investments exceeding $17 million. Continue reading.

Hogan Lovells and Africa Legal release the third and final 'Future of Mining' report. Exploring the impact of technology on mining in shaping Africa's past, present and future. Continue reading.

South Africa's Gold Fields Ltd has announced that it was awarding its Australian workforce a significant 6% pay raise in recognition of what the workers have been doing over the past 12 months. Continue reading.

Rio Tinto on Monday said operations at its Richards Bay Minerals project in South Africa, which had been hit by community unrest, would remain closed despite talks with the government, reports Reuters

The Department of Statistics of South Africa announced this week that the domestic mining production increased by 21.9% year-on-year in May 2021. Continue reading.

Green energy increases the need for mining and metals production to unearth minerals such as cobalt for use in alloys and batteries, tellurium for solar cells and semiconductors, and germanium for transistors in electronic devices. Continue reading.

Sibanye-Stillwater announced it's looking to wind down its three South African gold mines in the next decade or so as it becomes more difficult and expensive to exploit ageing assets. Unless gold prices move much higher and the investment environment improves. Continue reading.

The African mining vision can help put ESG benefits in focus, it is essential that policymakers connect opportunities to green industrialisation. Continue reading.

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