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May 28, 2021
Introducing Absa Insights, a platform where Absa experts share key learnings and developments which enrichen the quality of financial advice and support given to our clients.
May 24, 2021
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May 7, 2021
Content provided by Last updated: 8 hours ago Investing in African Mining Indaba (Mining Indaba) (www.MiningIndaba.com), organised by Hyve Group Plc announced the newly expanded Advisory Board last week. The strategic committee includes distinguished finance, technology, sustainability, mining operations, policy, and governance leaders whose focus will be to shape and guide the priorities of the conference. “Designed to refle...
May 5, 2021
Leveraging Mining-Related Infrastructure Investments for Development (Rails, Port, Power, Water and ICT) To be beneficial for a country’s development, non-renewable resource extraction should be leveraged to build long-term assets, such as infrastructure, that will support sustainable and inclusive growth. This is especially critical for countries facing an infrastructure-funding gap (e.g. the World Bank’s Africa Infrastructure Country Diagnostic has estimated that Africa faces an annual in...
April 6, 2021
US markets mixed, March 29-April 1 The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30 per ounce. AngloGold Ashanti jumped US$1.95 to US$22.98. Interim CEO Christine Ramon said on March 31 that the company does not need to pursue mergers and acquisitions and won’t add scale for its own sake, dampening speculation that it might take part in further consolidation in the...
March 17, 2021
Mainstream media and the large mining companies are finally catching on to what we at AOTH have been saying for the past two years: the copper market is heading for a severe supply shortage due to a perfect storm of under-exploration/ lack of discovery of new deposits, clashing with a huge increase in demand due to electrification and decarbonization. Dramatic price rise Copper is trading over $4.00 a pound this year on rapidly tightening physical markets, rebounding economic growth...
March 8, 2021
Mining Indaba’s Investment Battlefield returns Investing in African Mining Indaba (Mining Indaba), is hosting the Investment Battlefield online this year. From Tuesday 9th March 2021, Africa’s hottest junior mining companies will battle against each other during the Investment Battlefield. Kael O’Sullivan, director of Investor Relations at Mining Indaba said, “Given the huge success of the Investment Battlefield since it launched in 2017, we wanted to continue this year despite the glob...
February 11, 2021
Safeguard mining employees in a COVID-19 world The mining industry was celebrated at the recent Mining Indaba Virtual 2021 as a resilient and successful industry that has an important role to play in rebooting South Africa’s economy. President Cyril Ramaphosa highlighted that in the midst of the disruption caused by the pandemic, South African mining has shown “tremendous resilience and ability to come back”. Ramaphosa emphasised the importance of health and safety in this volatile and ...
February 10, 2021
ESG Compliance Mapping will help mining companies to achieve ESG's priority impacts throughout their value chain Environmental, Social and Governance (ESG) performance confirmed its entrenched position at Mining Indaba Virtual 2021, where virtually all speakers and panellists engaged on the critical trends associated with the conceptualisation and implementation of ESG, and the actionable impact that it must now strive to achieve.
February 10, 2021
In this weeks installment: Ramaphosa gives mining a nod at MI Virtual President Cyril Ramaphosa commended South Africa’s mining industry for protecting the health and lives of workers throughout the global Covid-19 pandemic. He was speaking during his presidential address on the first day of Mining Indaba’s virtual event. Ramaphosa also said that he was encouraged by the positive sentiment from the mining industry towards the vaccine rollout. Unions and MCSA committed to fighting COVID-19 T...