Tanzania, once pinned as a destination of choice for juniors far and wide, took a turn for the worse when legislation changes some years back and a heavy dispute with Acacia over tax claims saw investors turn their attention to other jurisdictions.
Webinar Recording: How can African mining businesses harness sustainability to impact their bottom lines?
The importance and positioning of sustainability in business has seen recent growth and been intensified by the global pandemic. There is a renewed sense of urgency for climate resilience coupled with an evolved way people deal with socio-economic issues.
The pressure and desire for the mining industry to reduce green-house gas emissions is mounting, and with that the trend for renewable energy is gaining momentum.
The issues of child labour, hazardous working conditions and unfair remuneration within the Democratic Republic of Congo’s (DRC) artisanal and small scale mining (ASM) sector will not be solved by simply avoiding the DRC and choosing not to buy cobalt that originates from the country.
ASX-listed Sandfire Resources has awarded the contract for open pit mining services of the T3 pit at its Motheo copper project in Botswana to African Mining Services (AMS).
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.