Driving sustainable investment in African Mining

Weekly News Round-Up

11 Jun 2020 | Market News

This week’s round-up features the top positive industry stories from across Africa.

This week, Mining Weekly analysed the vital role that platinum group metals (PGMs) play in the health sector, based on a release published by the World Platinum Investment Council (WPIC). Read more.

In an attempt to bounce-back from the economic devastation caused by the COVID-19 pandemic, Rwanda’s Mines, Petroleum and Gas Board (RMB) unveiled plans for mining companies to resume full operations in the country. Read more.

ASX listed mineral resources exploration company, EHR Resources, announced that it has entered into a diamond exploration alliance agreement in Botswana with privately owned company Diamond Exploration Strategies. This marks EHR’s third diamonds deal in the same number of months. Download the full announcement.  

In another diamond-related story, Engineering News reported that Angola’s Mineral Resources and Petroleum Minister Dr Diamantino Pedro Azevedo announced plans to develop industry-specific market infrastructure for improved diamond trade activity in the country.

In South Africa, The Minerals Council took issue with the narrative that the mining industry is the epicentre of the country’s COVID-19 outbreak, labelling such claims as misleading. Read more from Global Mining Review.

Not technically a breaking news story, but an interesting read nonetheless. This week, the International Council on Mining and Metals published a COVID-19 briefing. Alongside examining the responses of member organisations to the pandemic, the briefing demonstrates why the industry is best placed to support nations, communities and supply chains as they start to rebuild. Download it here.
 
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