Weekly News Round-up

Bringing you the latest news in mining from across Africa

Absa Group Ltd. is casting its net wider with plans to expand in China, Europe and the Middle East, as the bank looks to grow its clients base of companies investing in Africa, reports Bloomberg.

As the European Union (EU) works to ensure responsible and sustainable sourcing of minerals for its low-carbon future, SRK Consulting is contributing its expertise to an EU-funded stakeholder platform project on the governance of raw material sourcing in the EU. Continue reading.

The move to net-zero ‘inevitably means more mining’ reports BBC. Resource experts say the current supply of various metals and minerals cannot support a global economy producing net-zero carbon emissions. Continue reading.

Copper prices gained on Wednesday as a planned labour strike at the world’s biggest copper mine in Chile threatened already low global supplies of the metal. Continue reading.

Canada’s Ivanhoe Mines has begun producing copper concentrate at its Kamoa-Kakula project in the Democratic Republic of Congo (DRC), which believes will eventually become the world’s second-largest copper mine. Continue reading.

Carmaker Nissan reportedly developing plans to develop a factory capable of producing 200,000 EV batteries a year at its Sunderland car plant. Continue reading.

As reported by Mining Weekly, there is widespread confidence of strong future demand for cobalt, with the growth in the electric vehicle (EV) batteries outweighing the pace of thrifting, says BMO Global Commodities Research analyst, Colin Hamilton.

Nord Gold Plc, the internationally diversified gold producer, announced today that the company produced 241.1 thousand ounces of gold equivalent, a 7% increase over Q1 2020. Continue reading.

Despite the challenges brought about by the Covid-19 pandemic, the issues of reducing greenhouse-gas emissions, improving health and safety and creating value for surrounding communities require urgent and ongoing attention, says multi-disciplinary engineering consultancy GIBB mining division MD Alan Wingrove. Continue reading.

The Minerals Council South Africa supports further meaningful amendments to Schedule 2 of the Electricity and Registration Act, 2006 (ERA) to enable additional electricity generation to improve energy security and, ultimately, foster economic recovery and growth. Continue reading.

Rising commodity prices and demand for critical minerals is driving investment in South Australia’s resource sector as the local mining industry approaches levels not seen in more than a decade. Continue reading.

Are you an in-house legal professional in the extractive sectors? We'll be hosting the Extractives General Counsel Forum Virtual in partnership with Africa Legal and Africa Oil Week. It will provide networking, educational and thought leadership opportunities to legal leaders working in the mining, oil and gas, as well as energy and renewables sectors. Find out more here.


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