Driving sustainable investment in African Mining

Weekly News Round-up

28 Feb 2022 | Market News

Bringing you a round-up of what happened last week

Mining companies are aggressively pursuing decarbonisation at their operations, with a myriad of different strategies, and varying timelines across the spectrum of miners, but with the same end-goal of reducing carbon emissions and ultimately achieving net-zero operations. Continue reading.

Australia’s South32 has completed the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile from Japan’s Sumitomo Metal Mining and Sumitomo Corp, in a US$1.4 billion cash deal. Continue reading.

Last week, President Joe Biden announced new investments in the domestic production of minerals and materials crucial to creating a wide array of technological devices, including computers, smartphones, batteries, household appliances, and vehicles. Continue reading.

Toronto-based Emerita Resources Corp has been ranked the highest performing mining stock on the TSX Venture Exchange, with an annualised average share price growth of 1.255%. Continue reading.

Small-scale gold miners in the Democratic Republic of Congo challenge the view that they can’t cut it. Continue reading.

Tharisa’s 2021 operations and financials highlight solid strategy. Continue reading.

The cut in corporate taxes announced by South Africa’s National Budget was applauded by outgoing Anglo American CEO Mark Cutifani who described it as ‘a real flag South Africa is open for business’.  Continue reading.

Rio Tinto announced its best-ever annual profit and a record full-year dividend of US$16.8 billion, having been boosted by higher iron ore prices and strong demand for all of its products. Continue reading.

EITI concluded that Guinea has achieved a high overall score in EITI implementation. Throughout the course of a politically tense period that has seen a constitutional referendum, presidential elections, and a coup d’etat. Continue reading.

African countries captured 11% of the globally announced 163 GW of green hydrogen projects during the past year. Continue reading.

In 2021, the environmental, social, and governance (ESG) theme anchored itself as a mainstream aspect of the mining business, which is expected to remain top-of-mind in the boardroom, a new report by White & Case states. Continue reading.

A company controlled by Israeli billionaire Dan Gertler will give control of valuable mining and oil assets back to the Democratic Republic of Congo, the government said on Friday. Continue reading.

Be sure you secure your place for the in-person Mining Indaba this May. Register today.

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