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Mining Weekly | Africa

15 April 2024

The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
  • PGM market development has paid dividends, could pay many more, Platinum Day told
    The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day. There is strong consensus that PGMs are amazing metals that are incredibly useful as future green metals across a broad range of applications.
  • Bankan has potential to be a future tier-one mine, PFS shows
    A prefeasibility study (PFS) on ASX-listed Predictive Discovery's Bankan project, in Guinea, has confirmed that the project is one of the largest discoveries in West Africa and potentially also a future tier-one mine, MD Andrew Pardey says. The project is expected to produce about 269 000 oz/y of gold over a 12-year mine life, at an all-in sustaining cost (AISC) of $1 130/oz.
  • Experts proffer suggestions for South Africa's green hydrogen projects to secure financing
    There is sufficient funding available for South Africa to progress its green hydrogen objectives, however, certain elements need to be addressed for this to materialise. This was outlined by speakers during the ‘Investment opportunities in green hydrogen’ session, during the 2024 Hydrogen Economy Discussion event, held in Johannesburg last week, where stumbling blocks were identified and various suggestions proffered.