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Weekly News Round-Up

Thursday, April 16, 2020

South Africa has announced that it will allow mines to operate at 50% capacity during the nationwide lockdown, according to amended government regulations published on Thursday. Read more

In response, The Minerals Council of South Africa welcomed the amendments to the Disaster Management Act. Read more

Mining Indaba 2018 Investment Battlefield winner Thor Explorations announced full funding and commencement of construction of the Segilola Gold Project in Nigeria. Read more

Financial services provider Ubank, together with the Mineworkers Investment Company (MIC), have joined forces to combat the negative financial impacts of COVID-19 by contributing R2-million towards relief efforts. Read more

Barrick Gold has reported that it is it on track to meet its full-year production targets even as it reported an 8.5% drop in first-quarter gold output due to the impact of COVID-19. Read more

Technically not breaking news, but an interesting read nonetheless. This piece from Anglo American tells the story of their diamond operations worldwide. If you enjoy it, you’ll be pleased to know that there’s one for each of their products! Read more

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

Market News

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