PwC

Mining companies with higher ESG ratings outperformed the broader market during the peak of the COVID-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index.

Mining companies are realising the need to harness their data and view that as the foundation to drive digital transformation.

“Considering the industry’s acceptance to embrace digital transformation, our engagement with the sector has subsequently evolved."

The mining industry weathered the COVID-19 storm, mostly unscathed, and certainly better than many other sectors.

“There are opportunities aplenty across all commodities, including the rise and rise of critical minerals such as vanadium.” - Duncan Harris

Gold and PGM accounted for 80% of the market capitalisation of the companies analysed this year and continue to dominate the sector.

The Top 40 mining companies are so far weathering the COVID-19 storm mostly unscathed, and certainly better than many other sectors.

"The DRC government has to reassure the mining sector on its ability to create a secure and stable investment and operating environment."

Tanzanian Gold Corporation has engaged PricewaterhouseCoopers Corporate Finance to assist in securing project financing for construction of two gold mining projects at Buckreef, in Tanzania.

Investors are concerned that the mining industry is lagging when it comes to factors that have not been a traditional focus of the mining industry.