Daniel Bodewig’s Post

Trafigura and Kamoa Copper S.A. have inked long-term commitments to utilize the Lobito Atlantic Railway for transporting minerals during the ongoing Investing in African Mining Indaba 2024 Trafigura-Kamoa-Kakula agreements mark a pivotal milestone in leveraging Africa’s vast mineral resources. It also enhances trade connectivity and infrastructure. More so, paving the way for sustained economic development and regional integration. https://lnkd.in/dGXF_df3

🌍 The Super Region, spanning Africa, the Middle East, Central Asia, and South Asia, has historically been a focal point of global trade and economic activity.   🌐 Can collaboration between governments and markets unlock the Super Region's full metals and mining potential?   🗝 Unlocking the region’s potential will require uniting four key variables: resources, capital, demand, and capabilities. If the Super Region can collaborate across all four variables, it can become a formidable metals and mining powerhouse, driving the energy transition and economic development. Read on to explore this unique e-book we co-authored with the Future Minerals Forum exploring the opportunities and challenges in detail. Click the link below to read more or download a complimentary copy now.   #FutureMineralsForum #Minerals #Metals #EnergyTransition #Sustainability #Investment https://okt.to/m03hRg

In an event signaling Uzbekistan's growing visibility on the global investment stage, Navoi Mining and Metallurgical Company (NMMC) hosted an international investor meeting , drawing keen interest from leading global investment firms. Organized with the support of JPMorgan Chase & Co., the meeting featured participants from Eaton Vance, Colchester Global Investors Limited, BlueCrest Capital Management, Pictet Group and ACTIA Group. "Our vision aligns with global standards, aiming not only to enhance our operational efficiency but also to contribute significantly to Uzbekistan's economy," Eugene Antonov, Chief Transformation Officer of NMMC, noted. #uzbekistan #mining #metallurgy #sector #gold #investments #economy #development #growth

...."The U.S. doesn’t have a ministry for mining, a sovereign wealth-fund or much of a domestic mining industry. That has put it at a disadvantage with China, which can direct its state-owned enterprises to invest heavily no matter how commodity prices are performing. The U.S. government is limited in how much money it can directly pump into projects of national security. That means it must work with private companies at home and abroad, as well as friendly countries with sovereign-wealth funds, to entice them to invest in assets helpful to national interests. The Wall Street Journal reported last year, for example, that the U.S. and Saudi Arabia have held talks for potential agreements in the Democratic Republic of Congo, under which Saudi Arabia would take stakes in mines and U.S. companies would be guaranteed some of the rights to production. https://lnkd.in/gpwQjWYA

We are proud to share that Argentina 🇦🇷 is set to sign an agreement with the United States 🇺🇸 to attract more investment and enhance trade in critical-minerals mining. This is part of a broader U.S. effort to strengthen supply chains for these essential metals, independent of China. At GreenMet, we've been actively working to make this possible, advocating for the inclusion of Argentina and other countries in our region within the Mineral Security Partnership (MSP). This agreement is a key step forward in securing the critical minerals necessary for the U.S. while fostering collaboration with our regional partners. We would also like to extend our sincere thanks to the government of Argentina for inviting us to be part of this special day. We remain committed to driving these initiatives and ensuring that Latin America plays a vital role in the global critical minerals supply chain. https://lnkd.in/e5HMhHVP #GreenMet #CriticalMinerals #Argentina #MSP #MineralSecurity #GlobalSupplyChains #Sustainability #USPartnership

Osino shareholders approve Yintai's N$5.3bn deal Osino Resources Corp. (Osino) shareholders unanimously approved a deal to sell all outstanding common shares to Yintai Gold Co., Ltd. for C$1.90 per share. The approval further complements Yintai's N$5.3 billion cash acquisition of Osino. The gold exploration company said 99.9% of its shareholders voted in favour of the deal at the company’s special meeting held on Monday. Yintai, which trades on the Shenzhen Stock Exchange, has a market cap of N$108 billion (US$5.6 billion). Osino's President and CEO, Heye Daun, outlined the next steps, focusing on obtaining regulatory approvals from key authorities, including the Namibian Competition Commission and Chinese regulatory bodies. https://lnkd.in/d-MUkGXE #namibia #gold #mining Namibia Investment Promotion and Development Board (NIPDB) Tom Alweendo Chamber of Mines Namibia #investment #shareholders Mining Weekly

“South Africa’s mining industry matters for its employees and their families, communities and the country. It is a vital cog in the South African economy, and it can deliver greater positive shifts and grow its impact at home and abroad,” says the Minerals Council. Read more here: https://lnkd.in/esnwpQUi #MTEExpos #SouthAfrica #MiningMatters #SAminingindustry #SouthAfricaneconomy #MineralsCouncil #SocialandLabourPlansSLPs #Traininganddevelopment #Jobsanddiversity #Taxes #Lowcarbonfuture: #justandgreentransition #Presidencyandbusinesscollaborating:#energytransportandcrime

“South Africa’s mining industry matters for its employees and their families, communities and the country. It is a vital cog in the South African economy, and it can deliver greater positive shifts and grow its impact at home and abroad,” says the Minerals Council. Read more here: https://lnkd.in/e-ERrhUe #AfricanMining #SouthAfrica #MiningMatters #SAminingindustry #SouthAfricaneconomy #MineralsCouncil #SocialandLabourPlansSLPs #Traininganddevelopment #Jobsanddiversity #Taxes #Lowcarbonfuture: #justandgreentransition #Presidencyandbusinesscollaborating:#energytransportandcrime

To prevent financial exploitation by entities like PMC Wagner, besides customer due diligence and continuous monitoring, several additional measures can be implemented like: Enhanced sanctions compliance: Ensure strict adherence to international sanctions regimes. Regularly update and cross-check customer and transaction data against sanctions lists to identify and block transactions involving sanctioned entities. Know Your Customer (KYC) and Know Your Business (KYB): Deepen KYC and KYB processes to include beneficial ownership information, especially for high-risk jurisdictions. This helps in identifying the true owners behind shell companies and complex corporate structures. Transaction Screening and Filtering: Implement advanced transaction screening tools that can detect suspicious patterns, such as round-tripping or unusual cross-border transactions. Machine learning and AI can enhance the detection of complex money laundering schemes. Collaboration and Information Sharing: Foster collaboration between financial institutions, regulatory bodies, and law enforcement agencies. Sharing intelligence on emerging threats and typologies can help in identifying and mitigating risks more effectively. Training and Awareness: Regularly train staff on the latest money laundering and terrorist financing techniques. Awareness programs can help employees recognize red flags and understand the importance of compliance. Third-Party Risk Management: Conduct thorough due diligence on third-party service providers, including shipping companies and freight forwarders. Ensure they have robust compliance programs in place to prevent being used as conduits for illicit activities. Geopolitical Risk Assessment: Continuously assess geopolitical risks and their impact on business operations. Understanding the political and economic landscape can help in identifying regions and sectors that are more susceptible to exploitation. By integrating these measures, organizations can create a more robust defense against financial exploitation and illicit activities.

[New Read] 📑 In this policy insight, Adrian Joseph explores why addressing the governance risks associated with mineral supply chains is essential to developing responsible supply chains that will allow African countries to develop their economies. 💡 There is currently a lack of transparency and accountability in critical mineral supply chains, which not only undermines the mining sector’s ability to contribute to sustainable development on the African continent, but also poses a serious threat to the success of the global energy transition. Read the full report: https://lnkd.in/dRet4uXB #ClimateChange #JustEnergyTransition #Extractives #MininginAfrica