Driving sustainable investment in African Mining

Weekly News Round-Up

11 Sep 2020 | Market News

A round-up of some of the top industry stories from across Africa this week…

Increasing disruptions to South Africa’s power supply is weighing on miner’s investments, is it possible that the impact of Eskom is far more pronounced than COVID-19? Continue the article.

EXIM announces members of the 2020 – 2021 EXIM Sub-Saharan Africa advisory committee. Read the full press release.

Does platinum have the potential to be 3x times bigger – a $35bn a year industry? Reported by Mining Weekly.

Mining in a post-pandemic world, one of the first industries permitted to resume after lockdown. To capitalise on these opportunities, mining companies will need to be bigger and stronger. Read more.

Carbon dioxide could play a crucial role in making metals used in green technologies accessible for mining, according to Mining.com.

Gold Miners present strong value as gold prices rise to support the global economy devastated by the COVID-19 pandemic. Read more.

The Ministry of Energy and Mines (Minem) affirmed Chinese investments in the Peruvian mining sector totalled US$15 billion between 2009 and 2020. Read more.

Ivanhoe Mines published the results of an independent feasibility study for its Kakula project in the DRC, confirming the assets could become the world’s second largest copper mining complex, according to Mining.com.

South Africa’s gold majors are benefitting from the rise in the rand gold prices and operational efficiencies despite COVID-19 disruptions. Read the article.

What to know about critical minerals – the key to a cleaner energy future, outlined by World Economic Forum.

The new rising star of African mining – Morocco. There has seen to be an increasing production rate of barite, clays, cobalt, fluorspar, iron ore and many more within the country. Read more.

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