The COVID-19 pandemic has caused significant disruption to supply chains around the world - the raw materials sector has been hit particularly hard.
Mines are often the dynamos of their local economies, but with this reliance comes dependence. More can be done to diversify the local economy.
Thor Explorations has made progress towards developing its Segilola gold project in Osun, Nigeria – which is on track to pour first gold in Q2, 2021.
Knight Piésold is involved in ESIAs for two major hydropower developments – Lufubu in Zambia and the Sombwe project in Democratic Republic of Congo.
The challenge for mining companies is to collate and integrate the many components that encompass the effective management of their social responsibility.
Sustainable ESG factors play an important role in the allocation of capital and investment decisions of socially responsible companies.
“It was a surreal and emotional feeling taking the project from discovery phase all the way through to producing that first gold bar in March."
The mining industry in the DRC faces a tough post-pandemic period, although this also provides opportunities for investors.
“Through the delivery of a large-scale, underground mechanised copper mine, Khoemacau will build a long-lasting legacy in Botswana."