Driving sustainable investment in African Mining

Weekly News Round-Up

12 Mar 2021 | Market News

What’s the latest in African mining? Here’s your weekly roundup of top news stories in the sector, curated by the Mining Indaba team.

The current collaborative relationship between the industry and the South African government can be enhanced to promote greater effectiveness by the industry and to achieve the government’s target of improving the industry’s contribution to South Africa’s GDP from its current 8% to a 10%. Continue reading.

ICMM appoints climate change expert Rohitesh Dhawan as new chief executive, reports Resource Global Network.

Mining industry cross border M&A deals worth a total o $7.7 billion were announced globally in Q4 2020, according the UK-based firm GlobalData. Continue reading.
Newcrest Mining Ltd have announced the discovery of the East Ridge which is a new zone of higher grade mineralisation at Red Chris. Continue reading.

Fundamental support for gold is not expected to go away anytime soon, but investors should be focusing on assets benefiting from a robust gold economic recover and growing green energy transition, according to Kitco.

Harmony Gold posted a 39% increase in revenue this semester, a jump from $1,054 million a year ago to $1,328 million. Continue reading.

Reported by Mining Review Africa, amongst the many achievements driven by Teranga Gold, local female entrepreneurs have received the training and equipment to cultivate cassava and now produce 4 t of cassava a month.

Sibanye-Stillwater should merge with peers Gold Fields and AngloGold Ashanti to create a gold mining leader which would beat Newmont to the top spot, reports Reuters.

The mining industry has played a crucial role in keeping the global market steady, but now starting to flourish in the stock marketing, appealing to investors. Continue reading.

Intergovernmental Forum on Mining, Metals and Sustainable Development (IGF) has published a report aimed at pushing governments to promote gender equality in the mining sector. Continue reading.

Sibanye-Stillwater enters battery metals sector through a partnership with and investment in lithium miner Keliber. Continue reading.

A gold rush drawing thousand to a village in Congo’s South Kivu province has driven authorities to ban mining there until more oversight is established, the provincial mines minister said on Thursday. Continue reading.

The mining sector has been urged to adapt to 21st century challenges, such as climate change and the current Covid-19 pandemic was the top line message at African Development Bank’s webinar. Continue reading.

Growing momentum in the energy sector which appears to give credence to governments across the world’s commitment to transition to low-carbon economies. The promise to expand the existing network of Renewable Energy Development (RED) Zones and power corridors incentivizing clearer energy. Continue reading.

Rising EV-grade nickel demand fuels interest in risky HPAL process – warning of a looming shortage of battery-grade nickel, there is an ample pipeline of projects. Continue Reading.

If you have an interesting piece of news or analysis that you think our #mining community would benefit from reading, send it to [email protected].
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