R/€ = 16.97 Change: -0.03
R/$ = 16.22 Change: 0.01
Au 1816.55 $/oz Change: -0.04
Pt 914.50 $/oz Change: -11.00


New US programme targets rare minerals needs for EVs and solar panels

By: Bloomberg     27th June 2022 When a top Biden administration official was in Cape Town for a mining conference last month, he heard from a number of African nations desperate for foreign investment to help dig up critical minerals like lithium, manganese and cobalt. At the same time, Under Secretary of State Jose Fernandez... 

Remote sensing specialist successful at Indaba

By: Sabrina Jardim     24th June 2022 Berlin-based remote sensing technology specialist ILV participated in the Investing in African Mining Indaba for the first time this year, owing to the company’s involvement in different African and Middle East mining projects. Projects in the region include contracts awarded in Algeria, the... 

Green economy will require more commodities – specialist mining director

By: Nadine Ramdass     24th June 2022 Rather than requiring fewer commodities, the green economy, and its resulting technological developments, will actually require more commodities, says specialist mining services provider Ukwazi business development director Spencer Eckstein. Consequently, mining companies, including manganese... 

South African ranked as top country on Standard Bank’s newly launched Africa trade index 

By: Irma Venter     24th June 2022 Standard Bank’s newly launched Africa Trade Barometer places South Africa at the top of the list of ten countries, followed by Ghana and Mozambique in second and third places. Kenya is placed fourth, Tanzania fifth, Uganda sixth, Namibia seventh, Nigeria eight and Zambia ninth, with Angola taking... 

Silver Hammer CEO excited by discovery potential of its past-producing mines

By: Mariaan Webb     22nd June 2022 There is an adage that says the best way to find a new mine is to look in the shadow of the headframe of an existing or historic mine. That is exactly what junior resources company Silver Hammer is doing in the US, where it owns assets in some of the best silver-mining districts. The exploration... 

Piedmont Lithium looks abroad amid North Carolina uncertainty

By: Reuters     22nd June 2022 Piedmont Lithium's first steps toward securing lithium supplies will be in Quebec or Ghana, not the US, as an intensifying North Carolina regulatory review delays the miner's goal of anchoring America's electric vehicle battery renaissance. The delay has forced Piedmont to expand its strategy... 

Small diamond miners want big licence holders built in so they can grow sector together  

By: Martin Creamer     21st June 2022 Small diamond miners want to lock arms with all stakeholders through the South African Diamond Producers’ Organisation (Sadpo) to recover a large number of lost jobs and to realise the full potential value alluvial diamonds. “The role of Sadpo is to take on those big conversations and make sure... 

Innovation key to expanding connectivity in Africa – study

By: Natasha Odendaal     17th June 2022 Greater innovation from telecommunications and technology companies is vital to drive the expansion of Internet connectivity across Africa, new research for blockchain-based mobile network operator World Mobile shows. The study with African business leaders, undertaken by independent research... 

Kinross sells Russian assets at half the previously agreed price

By: Mariaan Webb     15th June 2022 Canada’s Kinross Gold on Wednesday announced that it had completed the sale of its Russian assets, but at only half the price previously agreed with Highland Gold Mining group. The company sold its Russian assets for $340-million, compared with the $680-million previously announced. Kinross... 

Ghana seeks strategic partner to upgrade VALCO aluminium smelter

By: Reuters     14th June 2022 Ghana is on a roadshow to find a strategic partner to "revamp" state-owned Volta Aluminum Company's (VALCO) aluminium smelter, Ghana Lands and Natural Resources minister Samuel Jinapor said on Monday at the Africa CEO Forum conference in Abidjan. Jinapor said Ghana, which has ample reserves of... 

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