Weekly summary report : Mining sector

Power Brokers and their Connections

Published this week in the MINING SECTOR section  NAMIBIA _ _  28/05/2021 _ _   Danish art magnate offers Windhoek platform to bypass diamond middlemen   A delegation from the Swiss-based Adex Platform led by Danish businessman Teit Ritzau recently visited Windhoek to present its proposed diamond sales platform.  [...]    FREE  _ _      GUINEA _ _  28/05/2021 _ _   Dynamic Mining awaits banks' green light to finalise bauxite finance plan   The Indian firm is in advanced discussions with three banks to finance the debt portion of the $150m needed to move its Bon Ami bauxite mine in Guinea into production. Its majority shareholder is meanwhile prospecting elsewhere.  [...]      MOZAMBIQUE _ _  27/05/2021 _ _   Pathfinder sends out warning to Africa Great Wall directors over heavy minerals permit   Having battled in the courts since 2011 to recover a mining licence that it claims was expropriated by retired FRELIMO general Jacinto Veloso, the British firm Pathfinder Minerals now has to take on a new adversary: China's TZM Resources.  [...]      WEST AFRICA _ _  26/05/2021 _ _   Robert Friedland, Barrick and other mining majors' 'non-core' assets sell like hotcakes   Junior mining companies listed in Canada or Australia are gobbling up West African gold projects identified by global industry leaders.  [...]      SUDAN _ _  26/05/2021 _ _   Paris conference provided golden opportunity for Orca Gold   As the Sudanese economy opens up, the Canadian junior will be able to move forward with its Block 14 gold project.  [...]      DRC _ _  25/05/2021 _ _   Lubumbashi slag heap locals fume over pollution   Residents who live near the lucrative Lubumbashi cobalt slag heap have complained to the governor of Haut-Katanga province about pollution from the fumes coming out of the plant on the site.  [...]      BURKINA FASO _ _  25/05/2021 _ _   New mines administration appointments disputed internally   Energy and mines minister Bachir Ismaël Ouédraogo has placed his supporters in most of the departments responsible for mining but the head of the key mining geology bureau has still to be appointed. Junior mines minister Aimé Zongo has his own ideas about the best person for the job.  [...]      GREAT LAKES _ _  24/05/2021 _ _   How more responsible mining can mean more profit   Praised by those advocating more ethical business, decried by others for their prohibitive cost, the accountability and traceability measures presented at the OECD Forum on Mineral Supply Chains are seen as key to profitability by some miners.  [...]      UNITED STATES _ _  DRC _ _  LIBYA _ _  27/05/2021 _ _   Washington wraps up criminal action against Och-Ziff over Dan Gertler transaction      BURUNDI _ _  25/05/2021 _ _   J. Peter Pham set to visit Burundi for Rainbow Rare Earths Discover our subscription offers

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