Weekly News Roundup 30/08


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.

The Global waste management market is valued at USD 186 billion in 2018. The growth supported by various growth factors, and leverages benefits in a manner of market opportunities. Find out more.


Digitalization is providing Africa with the opportunity to accelerate growth & expand struggling economies. Siemens launched a report on the impact of digitalization on African industries. View the article on how it will impact the mining industry. Find out more.

East Africa Metals has recently closed the deal with Tibet Huayu Mining which sees the China-based company acquire 70% of EAM's Adyabo project in Ethiopia and fund its development, according to Mining Journal. Find out more.

A forgery crisis is quietly roiling the world's gold industry. Fraudulently stamped with logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, reported by Mining Weekly. Find out more.

Global cobalt mine supply at risk of disappearing, according to Benedikt Sobotka, CEO of Eurasian Resources Group. Find out more.

Mali Mines Ministry has set out new regulations, the change aims to increase contribution of mining to Mali economy and will no longer be exempt from value-added tax during production. Find out more.

South African coal miner plans new climate change strategy, Exxaro Resources Ltd has said to be working on a new strategy for its businesses founded on coal mining amid investor and public concerns, according to Bloomberg. Find out more.

Harmony Gold reported annual profit increased 19%. After output and cash flow was boosted by the inclusion of the firm's Moab Khotsong and Hidden Valley Operations. Find out more.

Engagement by the Wafi-Golpu joint venture with the Papua New Guinea government on the application for a special mining lease was ongoing, reported by Mining Weekly. Find out more.

Change to Mali mining code. There have been recent changes to Mali’s mining code stability period in order to bring it in line with international norms, bringing it down to 10 years instead of 30 years allowed under the previous code. Find out more.
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