Weekly News Roundup 23/08


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.

Junior Miners set to be the biggest winners in the coming gold boom. Why? The only companies sitting on promising new reserves are the junior miners, and the large-cap miners are setting a record pace for more gold. Read more.

Australian miner South32 said it was in 'exclusvie talks' to sell its South African coal mines to local miner Seriti Resources. Read more.

South Africa normally gets the mining attention, but increasingly, investors are shifting their focus West. Miners uncovered a nuggest weighing 1 kilogram worth $45,400. Read more.

Ivanhoe Mines has announced the completion of the second major equity investment by CITIC Metal Africa Investments - one of China's leading international resources companies. Read more.

Kibo welcomes commercial clarity after securing seven mining rights for Mbeya in Tanzania, being another 'key milestone'. Read more.

The future of mining - it has become apparent that initiatives like real-time performance monitoring and predictive maintenance would help ensure sustainable growth, reported by The Asean Post. Read more.

Mkango provides an update on the Songwe Hill Rare Earths Project in Malawi. Confirming that the recently shipping 60-tonne bulk rock sample for mineral processing has reached Fremantle Port in Western Australia. Read more.

Underground Mining with electrified equipment reaches tipping point. According to EY, it is safer, cheaper and healthier (reported by Kitco), read EY published survey highlight the benefits of preferring electricity of diesel. Read more.

Stan Bharti, CEO, African Gold Group, set out a goal to be a midtier African gold producer within a couple of years. According to Mining Weekly that looks more than likely with the announcement of newly appointed COO. Read more.
Back