African Mining News’ Post

For a long time, #SouthAfrica has hinged its #prosperity on #gold. Recent decades, however, have seen #production of gold wane dramatically. Having enjoyed significant local #growth in production and #sales over the last decade, #manganese is now affirming itself as the leader of South Africa’s #mineral #renaissance.

In the Asia Times, DGM Principal Gregory Wischer and Shubham Dwivedi assess challenges to the West friendshoring critical mineral extraction, specifically a lack of large-scale and high-grade deposits for many minerals, which makes new mines in the West less profitable than in regions like Africa and Latin America. https://lnkd.in/etqy3f73 Western governments can help companies discover new deposits and develop new mines, as well as keep existing Western mines profitable and operational. To discover and develop new mines, Western governments could increase mineral exploration grants and low-interest mine development loans. To keep those mines profitable and operational, Western governments could increase demand and thus prices for Western minerals through higher tax credits for electric vehicles with friendshore-produced minerals and collective tariffs on mineral imports from non-partner countries like China and Russia.

Value addition of mineral resources is key to Africa's vast mineral resources.Endless opportunities in value addition.#valueadd #minerals #africa

In the Asia Times, Shubham Dwivedi and I assess challenges to the West friendshoring critical mineral extraction, specifically a lack of large-scale and high-grade deposits for many minerals, which makes new mines in the West less profitable than in regions like Africa and Latin America. https://lnkd.in/ex86gg-S Western governments can help companies discover new deposits and develop new mines, as well as keep existing Western mines profitable and operational. To discover and develop new mines, Western governments could increase mineral exploration grants and low-interest mine development loans. To keep those mines profitable and operational, Western governments could increase demand and thus prices for Western minerals through higher tax credits for electric vehicles with friendshore-produced minerals and collective tariffs on mineral imports from non-partner countries like China and Russia.

GOLD REFINING IN AFRICA IN THE GHANAIAN SOIL ON WHICH NKRUMAH AND HIS COMRADES FIRST BEAMED THE TORCH OF INDEPEBDENCE IN AFRICA THE DEAL SPLIT COULD BE BETTER AND THAT WILLl COME HOW LONG HAS THE BEFICIAN TO BE EFECTED ON THE MING TURF BEEN DEMANDED TO NO AVAIL? DARE AFRICA NOW ANYUCIOATE A RASH OF SUCH BENEFICIAN IN AFRICA DEALS TO PROLIFERATE, IMPROVE AND BECOME THE NORM 👀 🤔 SURELY MOVING HEaVY GOLD ORE IS LOGITICSLLY MORE UNWIDLY YHSN EXPORT COMPACT BULLION BATS OR GOLD WEDDING TINGS AND THE LIKE STOP EXPORTING MANUFACTURING JOBS ,MOTHER AFRICA, WHEN YOUR OWN UNEMPLOYMENT STATUS IS BEYOND CHRONIC AND UTTERLY DESPERATE? https://lnkd.in/dTnxn5EQ

Article on Australia's mineral exports. #australia #smeexporters #exporting #exports #exporters #smeexporters #miningsector #mineralsector #exportassistance #exportdevelopment #exportpromotion #globaltrade #internationaltrade #internationalbusiness #tradefacilitation #tradepolicy #tradepromotion

For a long time, South Africa has hinged its prosperity on gold, and the development and #economicprosperity of the province of Gauteng is testimony to this fact. Recent decades, however, have seen #production of this metal wane dramatically. South Africa is a country that is rich in #mineralwealth, and the nation is awakening to the #EconomicBenefits to be found in that diversity. Manganese is a universal and widely used mineral essential for an enormous range of industries and sectors, particularly in the future economy. Having enjoyed significant local growth in production and sales over the last decade, manganese is now affirming itself as the leader of South Africa’s mineral renaissance, says United Manganese of Kalahari (UMK). . https://lnkd.in/eJYK9meE . #MTEexpos #manganese #localgrowth #demand #electricvehicles . 📷 - United Manganese of Kalahari

“The discussion about the exploitation of Africa's mineral resources, particularly rare earth minerals, is being conducted from a Western point of view. In this context, African countries have legitimate reasons for seeking the best deal for themselves for commodities whose deposits are vast but, nonetheless, finite.” Read more here: https://lnkd.in/dy7QDfh9 #AfricanMining #RareEarthMinerals #ResourceManagement #SustainableDevelopment #ConnectingAfricasPotential

A fascinating week in Saudi Arabia. Muhammad bin Salman, the kingdom’s crown prince and de facto ruler, wants the country to become as indispensable for minerals, including those needed for the energy transition, as it is today for black gold. He intends to achieve this without embracing the resource nationalism that has gripped other countries, from America to Chile and China. Intrigued, mining bosses and ministers from around 80 countries had assembled in Riyadh as we published this, for the country’s Future Minerals Forum. As if to prove its commitment to openness, the kingdom has signed agreements both with Russia and with America’s Export-Import Bank. Read more: https://lnkd.in/dWZe8ui8

Here are my thoughts on this transformative vision: 1- Mineral Investments: The New Vision for the Middle East I wholeheartedly agree that minerals are the future of the Middle East. The mining industry, akin to the Oil and Gas sector, holds immense potential. With our capital and technical expertise, we're well-positioned to lead in this domain. 2- Private Sector Opportunities and Entrepreneurial Spirit To realize this vision, it's crucial for GCC governments to open doors for private sector investments. Fostering an entrepreneurial spirit in the mining sector is key. Many private equity houses are poised to explore this exciting terrain. 3- Diversification Urgency There's a concentration risk and overinvestment in real estate. Diversifying into minerals provides a strategic shift and shields the region from potential vulnerabilities. 4- AI and Machine Learning Realism While there's enthusiasm around AI and machine learning, it's vital to acknowledge our current standing. The Middle East may not have a competitive advantage in this sector. Let's channel our resources where our strengths truly lie. 5- Encouraging Investments in Junior Miners Governments should not solely focus on major miners globally but also champion investments in junior miners. Nurturing a diverse ecosystem ensures long-term sustainability. Exciting times lie ahead as we navigate this transformative journey in mineral investments. Looking forward to contributing to the region's prosperity and global prominence! #miningnews #juniormining #preciousmetals #goldmining #bullion #middleast