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Zimplats production increases by 4 percent

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Zimplats production increases by 4 percent

The country’s biggest platinum group metal producer Zimplats’ production increased by 4 per cent during the quarter ended 31 December 2023 compared to the same quarter the previous year due to pillar reclamation operations at Rukodzi Mine and the continued ramp-up in production from Mupani Mine.

Rudairo Mapuranga

Ore mined according to Zimplats increased to 1 995 000 tonnes during the quarter ended 31 December 2023 from 1 968 000 in the quarter ended September 30 and 1 915 000 during the year ended 31 December 2022.

The group’s production also increased by 1 per cent compared to the previous quarter ended 30 September 2023 with Increased tonnes from pillar reclamation bolstering 6E head grade, which increased by 1 per cent from the prior quarter and was stable year-on-year.

According to Zimplats, Ore milled was in line with mined volumes in the period and was stable quarter-on-quarter and year-on-year, with the concentrator plants performing at expected throughput rates.

However, 6E metal in the final product declined by 1 per cent from the prior quarter, as a scheduled furnace shutdown resulted in an accumulation of in-process inventory in the period. Metal volumes benefited from improved metal recoveries and increased by 1 per cent year-on-year.

Ore mined according to Zimplats increased to 1 995 000 tonnes during the quarter that ended 31 December 2023 from 1 968 000 in the quarter ended September 30 and 1 915 000 during the year ended 31 December 2022.

Meanwhile in response cost containment initiatives, in response to softening metal prices, were implemented in the period, and resulted in a 1 per cent retracement in total operating cash costs from the prior quarter, with a year-on-year increase of 3 per cent.

Transfers to closing stocks from operating costs amounted to US$0.4 million during the period, in line with inventory movement in the value chain. Cash costs of metal produced declined by 1 per cent from the prior quarter and were stable year-on-year. Operating cash costs of US$825 per 6E ounce retraced by 1 per cent from the prior quarter and were 2 per cent lower year-on-year, benefitting from higher production volumes, which offset inflationary pressures on utilities.

Mazowe underground reopening – a very tall order

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Mazowe underground reopening – a very tall order

Metallon Gold Corporation’s Mazowe Mining Company (MMC) recently announced plans to resume underground Shaft operations at its Jumbo Mine in Mazowe as part of its corporate strategy with miners calling the stance an act with the capacity to cause more harm than good.

Rudairo Mapuranga

In a statement, the MMC said it will end all unsafe near-surface mining in favour of more secure operations is a step towards ensuring the overall safety and sustainability of the mining industry.

“Mazowe Mining Company (“MMC”) announces steps to resume underground shaft operations as part of a corporate strategy. This will entail reintroducing shaft mining and extensively rehabilitating mining areas. This step is necessary to ensure that mining is conducted safely, thereby averting loss of life and injury to miners and protecting local communities and the environment,” the company statement reads in part.

“Consequently, MMC is ending all unsafe near-surface mining in favour of more secure operations. Underground shaft operations will be safer for miners and the community. It will also contribute more to the national fiscus and boost supporting industries. This strategic thrust aligns with recent pronouncements by the Government of Zimbabwe, through the Ministry of Mines and Mining Development, unequivocally advocating for safe and sustainable mining.

According to Danford Suntile the chairperson of Miners for Economic Development although the move aims at reintroducing Shaft mining and extensive rehabilitation of mining areas to ensure safer mining practices, indications on the ground somehow portray a struggling miner with no capacity.

Suntile said the underground condition at Mazowe Goldfields is currently not desirable, with a miner killed two weeks ago in an incident at the underground operations which are currently being carried out by tributed scale miners as opposed to what Metallon Gold announced in regards to resuming the operations.

“For MMC to call for the stance to reopen underground operations for now is more questionable than it is convincing.

“The state of the underground is not desirable as pillars were robbed by illegal miners since 2018 and recently not more than 2 weeks ago a miner died on their underground operation but they are denying him saying he was an illegal miner.

“The tarred road going to the old dump or tailings from the shop has since collapsed due to unstable ground indicating the dangers of going underground.

“The mine currently is a disaster and MMC needs to seriously consider their stance because it repeats the results from Redwing Mine in Penalonga,” Suntile said.

MMC in its initial statement said measures to rehabilitate the mine faced resistance from miners.

“We are aware that these necessary measures to enforce responsible mining have faced resistance from some miners. Such actions prevent MMC’s efforts to rehabilitate mining pits and pave the way for safe mining. We note the campaign of misinformation that has targeted the Company, meant to discredit the necessary steps we are taking. MMC is cooperating with all parties involved to ensure the success of this transition to safer mining. Together, we aim to set a benchmark for responsible mining, fostering a secure and sustainable future for all stakeholders”

State of Mazowe mine

There are close to 20 tributed small-scale miners doing surface mining on a contract basis with the miner. MMC has however said it was going to end “all unsafe near-surface mining in favour of more secure operations”. The statement did not however say that MMC was going to do away with the small operations of small-scale miners but unsafe ones.

Quick facts

The statement by MMC that it has plans to start underground operations did not give a timeline but only emphasised on closing unsafe small-scale mining operations in favour of what was described as “more secure operations”.

Mazowe gold mine operations were suspended in September 2018 due to massive operational challenges. The Mine had been placed under administration for a reconstruction order. The mine is currently working with care and maintenance staff.

In November 2022, the Zimbabwe Miners Federation (ZMF) President Ms Henrietta Rushwaya engaged Metallon Gold to tribute some of its claims to small-scale miners to bring sanity to the operations since it had been invaded by miners operating illegally.

Canmax agree to carry forward monthly payments owed by Premier

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Canmax agree to carry forward monthly payments owed by Premier

AIM-listed mining and exploration company, Premier African Minerals, has received a notice of election under the Agreement from Canmax Technologies Co., Ltd. due to its failure to deliver at least 1,000 tonnes of lithium spodumene per month for November 2023 and December 2023.

Patricia Rwafa/ Rudairo Mapuranga

Consequently, the current outstanding balance owed to Canmax of US$3 million (US$1.5 million per month) will be carried forward as part of the monthly payment.

According to Premier CEO George Roach, in accordance with the Agreement, the interest rate for the outstanding balance of the prepayment amount will be increased to 12% per annum with effect from 1 December 2023.

“Premier is pleased that Canmax has elected to carry forward the monthly payments in respect of the non-delivery of product in November and December 2023. The effect of this is that the monthly payment contemplated is rolled forward and clear indication that Canmax requires delivery of Spodumene concentrate as soon as possible.

“Premier is deeply appreciative for the understanding and assistance Canmax has provided. And we remain committed to production in late February provided only that all commitments made by contractors are met,” Roach said.

Pre-Payment agreement

As previously announced on 3 August 2022, Canmax purchased in advance US$34,644,385 worth of product to be sold by Premier (“Advance Purchase Amount”), with the proceeds used to construct and commission the plant at Zulu.  The parties agreed to supply the Product for the Advance Purchase Amount plus accrued interest by Canmax following the bridge of a first contract agreement by Premier.

The Advance Purchase Amount, plus accrued interest (which has been agreed to increase from 3.5% per annum to 8% per annum from 31 May 2023), will be settled from gross sale proceeds from the Product shipped to Canmax as follows:

From 1 November 2023 until 30 May 2024, Canmax was to receive 25% of all gross proceeds due to Premier from the sale of the Product.

From 1 June 2023 until the Advance Purchase Amount plus accrued interest has been settled, Canmax was to receive 50% of all gross proceeds due to Premier from the sale of the Product.

Settlement of the Advance Purchase Amount was to commence no later than 1 November 2023 at a minimum rate of 1,000 tonnes per month on a rolling average basis plus or minus 10% (“Minimum Delivered Product”). If the Minimum Delivered Product does not occur, then Premier will be required to make a cash payment to Canmax (“Cash Settlement”) for that month as follows:

According to the agreement, If Premier fails to make a second Minimum Delivery Product, the revised interest rate will be adjusted further to 10% per annum from the first date of the next month. If in any month Premier is unable to supply the Minimum Delivered Product or make the Cash Settlement set out above, then Canmax will have the following options:

– the outstanding balance of the Cash Settlement will be carried forward to the following month, and the interest rate applicable to the outstanding balance of the Advance Purchase Amount will increase to 12% per annum from the first day of the next month; or

– the monthly payment will be settled in new ordinary shares in Premier at a conversion price that will be twenty daily volume-weighted average trading prices of ordinary shares during the last twenty trading days of the month where the Minimum Delivered Product was not delivered (VWAP Period).

The conversion rate will be equal to 90% of the average of the twenty daily volume-weighted average trading prices of ordinary shares during the VWAP Period. The conversion price shall, subject to standard customary adjustments inter alia for changes in Premier’s capital structure, be no lower 0.32p per ordinary share.

Settlement of all amounts of Product due under the Amended Agreement will be subject to a new Long Stop Date of 1 April 2025, and should Premier have not delivered the required Product or provided Cash Settlement to settle the Advance Purchase Amount in full, and provided that Canmax has not elected to take settlement in new ordinary shares (the “Outstanding Amount”), then Canmax will be entitled to receive as settlement of the Outstanding Amount, a direct interest in Zulu Lithium based on a project valuation of US$200 million.

Step Aside’s WinBin discovery returns 63m interval of high-grade lithium mineralisation

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Step Aside’s WinBin discovery returns 63m interval of high-grade lithium mineralisation

Australia Stock Exchange listed mining and exploration junior Prospect Resources Step Aside lithium project has returned high-grade assay results showing a high-grade mineralised zone at WinBin that extends for considerable depth and strike from the initial discovery cluster.

Rudairo Mapuranga

According to Prospect CEO and Managing Director Sam Hosack, the high-grade mineralised zone at WinBin remains open to the south.

Hosack said drill holes targeting Pegmatite C also confirm that a broader mineralised zone continues further northwest through the co-joined WinBin/Pegmatite C Extension with Phase 4 programme (2,000m diamond drilling) already commenced, targeting the extension of WinBin further south, and follow-up of high-grade intersections at Pegmatite E.

“We are very pleased with the outcomes from the Phase 3 drilling completed at Step Aside last year. The WinBin discovery has continued to return exceptional intercepts, demonstrating its high-grade character and delivering ongoing growth in its strike and depth extents.

“The commencement of Phase 4 drilling at Step Aside is another significant milestone, with this program targeted to test the potential continuation of the WinBin strike extent to the south, as well as testing in the area of the high-grade intersections previously returned around Pegmatite E further north.

“We look forward to keeping shareholders abreast of further key advancements at Step Aside over the coming year,” Hosack said.

Bikita minerals complete construction of a 12MW solar plant

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Bikita minerals complete construction of a 12MW solar plant

Sinomine Resource Group-owned Bikita Minerals in an endeavour to mitigate electricity challenges in Zimbabwe at the same time while pushing towards a clean energy future in Zimbabwe has completed the construction of its 12MW solar plant.

Rudairo Mapuranga

Electricity problems are a major operating difficulty in Zimbabwe with mining firms reverting to importing and the use of alternative off-grip power like petroleum and solar.

According to Bikita Minerals Corporate Social Responsibility (CSR) officer Collin Nikisi, the lithium miners completed the solar project and is in the process of constructing a 120KM Tokwe-Bikita powerline which will be commissioned by 31 March 2024.

“Bikita Minerals has successfully completed the construction of a 12MW Photovoltaic plant. The Lithium miner is also constructing the 120km Tokwe- Bikita powerline to be commissioned in the first quarter of 2024,” Nikisi said.

In 2022 Bikita Minerals won two awards in Responsible Investment and Social Impact Awards both at the South East Region and national levels cementing itself as one of the best Mines with a strong focus on CSR.

After the acquisition of Bikita Minerals in 2022, Sinomine drilled 7 boreholes in Bikita West and this year alone it has already drilled 26 boreholes in Masvingo North, Masvingo West and Bikita West. Plans are underway to drill an additional 10 in Bikita South and East. The communities have ventured into green gardening to generate income from the sale of produce.

Under the supervision of the Bikita Minerals CSR committee Chairperson who is also the company’s Managing Director Zhenhua Wang, Bikita Minerals has set up a tertiary scholarship fund to assist intelligent students from vulnerable/ poor families and established a football team in Division One which is currently vying for promotion into the Premier league.

The lithium producer has also set up a community development fund to assist with income-generating projects and pressing community development needs. The local chief and community administer the fund. The mine also distributes 65 tons of scouring powder/vim to the community to help them supplement their incomes.

According to Nikisi last year his company invested US$25 million into the 132/33 KVA power grid from Tokwe-Bikita. The powerline is meant to produce uninterrupted power to the Bikita, Gutu and Zaka communities.

He also said that his company was working towards constructing a new Birchnough bridge with experts from China already in the country for feasibility studies.

He continued by saying that his company has invested over US$0.5 million in road rehabilitation to ensure the growth and development of the communities where it is extracting lithium resources.

“In 2023 we invested USD 25 million into the 132/33 KVA power grid from Tokwe-Bikita. The powerline will ensure uninterrupted power supply to Bikita, Gutu and Zaka. We have set aside USD 2 million for the rural electrification of Bikita, Gutu and Zaka.

“We also started feasibility studies for the construction of a new Birchenough bridge. Construction experts from China are in the country tying down the loose ends.

“In China, there is a popular saying which says if you want to get rich construct roads. At Bikita we have spent more than USD 500 000 towards road maintenance and rehabilitation programs. We have rehabilitated the Nyika-Kamungoma Road, Beardmore-Rusununguko and Bikita-Gutu Road. The objective is to ensure easy access to clinics, schools, administration centres and shopping centres,” Collin Nikisi said.

Prospect  2,000m phase 4 diamond drilling at Step Aside commences this January

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Prospect  2,000m phase 4 diamond drilling at Step Aside commences this January

Australia stock exchange listed mining and exploration junior Prospect Resources has approved phase 4 drilling at the Step Aside lithium project in Goromonzi with proposed 2,000m diamond drilling set to commence this late January.

Rudairo Mapuranga

According to Prospect Resources, quarterly activities report for the quarter that ended 31 December 2023, the diamond drilling is targeting extensions at WinBin further south and following up on high-grade intersections at Pegmatite E.

The company’s Initial Phase 3 drilling programme produced outstanding results with discovery holes CDD055-056 delineating a new “WinBin” pegmatite discovery zone; the initial intercept returned 23.1m at 1.03% Li2O from 45m, including 11m @ 1.51% Li2O from 54m. Follow-up diamond drill hole CDD056 returned 33m @ 1.18% Li2O from 81m, including 24m @ 1.41% Li2O from 88m. An extended programme designed to further test the WinBin discovery was conducted during the quarter with a total of 44 holes drilled for approximately 5,100m drilled.

PROSPECT said Assay results received throughout the follow-up drill program from holes targeting the WinBin discovery returned excellent results of:
➢ 5.62m @ 1.48% Li2O (CDD053) from 69.38m and 6.68m @ 1.17% Li2O (CDD057)
from 37.05m.
➢ 20.0m @ 1.34% Li2O from 45m, incl. 6.0m @ 2.21% Li2O from 48m (CDD063)
➢ 12.0m @ 1.45% Li2O from 131m (CDD066)
➢ 8.0m @ 1.87% Li2O from 93m, incl. 4.0m @ 2.12% Li2O from 96m (CDD061)
➢ 8.46m @ 1.36% Li2O from 120.54m (CDD059)

The company said Follow-up results demonstrated that the mineralised feeder zone extends from WinBin through to an extension of Pegmatite C, open at depth and to the south and combining strike of cojoined mineralisation to approximately 580m.

According to Prospect Assay results for 10 holes remain outstanding and are scheduled for receipt in Q1 2024.

Kavango Resources focuses on becoming a key player in Zimbabwe

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Kavango Resources focuses on becoming a key player in Zimbabwe

London Stock Exchange-listed mining and exploration company Kavango Resources is upbeat to be a leading player in the Zimbabwe mining industry with the company establishing an office in Bulawayo to ensure its Hillside, Nara and Leopard gold projects become a success.

Rudairo Mapuranga

According to Kavango Chief Executive Officer, Ben Turney, the company is making huge strides on Hillside exploration work with 1,000m of diamond core drilling completed in four holes at three Hillside gold targets and samples awaiting export permission for assay testing.

Turney said there is enormous, unrealised potential in the goldfields of Zimbabwe. The country has a strong heritage in gold mining, despite the capital and technological constraints of recent years.
“Kavango has an ambitious plan in Zimbabwe to become a key player in the development of modern metals exploration and mining. Over the last six months, we’ve built a talented team on the ground in Bulawayo.

We are making excellent progress in exploring our project areas and I would like to congratulate everyone involved for their focused hard work. We’ve now completed our first 1,000m of diamond core drilling at Hillside and mapped the project area. Meanwhile, at Nara, we have augur drilled the main tailings dump and completed extensive mapping and soil geochemistry. Samples are waiting for export clearance and we look forward to reporting results as we receive them.

There is enormous, unrealised potential in the goldfields of Zimbabwe. The country has a strong heritage in gold mining, despite the capital and technological constraints of recent years. As we move forward together, I hope Kavango’s success will help illustrate what is possible in this exciting, heavily underexplored gold province.

To underline how great the potential is, we have extended our drill programme at Hillside to target a fourth prospect. The 250m diamond core hole will test the mineralised structures of a historic gold mine for their potential to host a larger-scale deposit. If results are positive, this will guide future drilling at this target area,” Turner said.
Hillside Drilling Extension

Kavango is testing the extent of gold mineralisation at the Prospect by drilling an exploration hole adjacent to a historic mine that reportedly produced an average recovered grade of 13g/t gold at various times from 1910 until recently.

Historic reports suggest mining was limited to the near-surface oxide zone, at shallow depths. The Prospect is considered by Kavango’s technical team to be a highly prospective greenstone gold target, located in a shear zone in granites and extending across the contact margin.

Kavango plans to drill a 250m diamond drill hole adjacent to the historic mine. The Company’s objective is to acquire representative intersections from the Prospect’s gold-bearing structures that will improve its understanding of their mineralisation and overall thickness.

Kavango expects to use this information to inform follow-up drilling at the Prospect and assess its potential for hosting bulk mineable gold deposits.
Nara Project

Kavango has carried out geochemical sampling and reconnaissance geological mapping over the Nara Gold Project. The Company has made a preliminary review of the geochemical samples using pXRF, and the soil samples are awaiting export to the laboratory for multi-element analysis.

In addition, Kavango has completed augur drilling on a large tailings dump at Nara. The Company has collected samples from 90 augur holes and sent them to the laboratory. Results are expected shortly. Assuming the results are positive, an independent consultant has been commissioned to prepare a resource estimate once these data are available.

Leopard Project

Kavango’s environmental consultant has completed an Environmental Impact Assessment on the Leopard Gold Project and Kavango is now preparing for an initial geochemical soil sampling programme.

The Company has reviewed the results of a previous drone survey and is currently processing and interpreting magnetic data.

27 small-scale miners graduate in mine rescue, first aid

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27 small-scale miners graduate in mine rescue, first aid

Zimbabwe Mining Safety Health and Environmental Council (ZIMSHEC) through its efforts to achieve zero harm in the artisanal and small-scale mining (ASM) sector sent 27 miners to be trained in both Mine Rescue services and first aid at Zimbabwe School of Mines with all graduating with two separate certificates.

Rudairo Mapuranga

Speaking to Mining Zimbabwe Zimbabwe Miners Federation (ZMF) Midlands Chairperson and ZIMSHEC Director Makumba Nyenje said Miners from different districts in Midlands and Matabeleland namely, Gwanda, Felabusi, Mberengwa, Zishavane, Bubi were issued with First Aid and Mine Rescue Certificates from the Zimbabwe School of Mines.

“We sent a team of 27 miners to be trained in both Mine Rescue services and Mining First aid program at Zimbabwe School of Mines towards the end of 2022, they have all graduated with two separate certificates,” Nyenje said.The graduation ceremony was held in Zvishavane. Speaking at the ceremony the guest of honour Prof Jephius Matunhu said that, “The work of Artisanal Miners is not without its dangers, and it is through their unwavering dedication and resilience that they continue to make significant contributions to our nation’s economy. First aid and mine rescue are critically important aspects of mining operations, and the individuals being recognized today have demonstrated exceptional skill and courage in these areas.”

Mining fatalities increased by 30.2 per cent in 2023 to 237 from 212 accidents compared to 182 fatalities from 139 accidents in 2022.

According to the Chamber of Mines of Zimbabwe’s state of mining industry, a survey report which was presented on the sidelines of the 26th edition of the mining, engineering and transport expo (MineEntra) 2023 in Bulawayo by lead researcher Professor Albert Makochekanwa large-scale mines recorded 20 fatalities from 20 accidents which are 18 per cent of the total fatalities with 16 of the fatalities happening underground and 4 on the surface.

The report reads that 60 per cent of the fatalities (72) recorded during the period were reported on Small to medium-scale mines from 66 accidents with 62 of the accidents happening underground and 4 on the surface. Illegal operations recorded 28 fatalities from 24 accidents with 23 of the accidents happening underground and 1 on surface.

According to the report, 92 percent of accidents (101) were recorded underground with 8 percent (9) reported on the surface.

“The mining industry reported 110 fatal accidents during the period January to July 2023, compared to 106 fatal accidents during the same period last year. The 110 fatal accidents resulted in 120 fatalities. 92% of the accidents reported during the period under review occurred underground.

“Large-scale operations contributed 18% of total accidents reported in the period under review. Of the 20 accidents reported for large mines, 80% were in underground operations. Illegal mining operations contributed 22% to the total number of accounts. The small-scale mining industry contributed 60% to the total number of fatal accidents,” the report reads in part.

Mining Indaba 2024 explores the just energy transition and asks– What does it mean to be just?

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Mining Indaba 2024 explores the just energy transition and asks– What does it mean to be just?

The global energy transition is driving huge growth in the demand for critical minerals, which are found in abundance on the African continent. Mining Indaba’s Sustainability Series will ask what it means to be just in a panel session discussion titled ‘The Energy Transition: What does it mean to be just?’ on Tuesday 6 February at 10:55.

 

The discussion will centre around how Africa can take advantage of the energy transition to ensure a cleaner energy future, while at the same time considering responsible sourcing and sustained, ethical supplies of the critical minerals needed. Also under discussion will be how the continent can power the production of transition minerals while ensuring justice for employees affected through local content partnerships and the distribution of mining benefits.

 

The International Council of Mining and Metals (ICMM), a foundational partner to Mining Indaba, President & CEO, Rohitesh Dhawan notes that “Critical minerals are the backbone of the energy transition, but how we source and produce them is just as important as how much we need.”

 

Speakers for this all-important panel are Responsible Minerals Initiative Senior Director, Impact, Innovation and Credibility Fabiana Di Lorenzo, Newmont Senior Director, Environmental Affairs-Africa Business Unit Paul Sowley, Seriti Green Development South Africa CEO Peter Venn, The Particle Group & Women in Mining South Africa CEO and Chairperson Raksha Naidoo and Standard Bank South Africa Head of Sustainable Finance Sasha Cook. It will be moderated by Deloitte Partner – Sustainability, Climate Change and Equity, Jayne Mammatt.

 

“Our sustainability programme – now called the Sustainability Series – has been extended to two days. This is our response to the industry’s need to talk about sustainability at length. It is a driving factor for the mining industry and forms one of the most important programmes we offer in 2024. Our priority for this year is for our panellists to start engaging on real challenges in mining to find solutions – in other words, showcasing how they are disruptive in the industry so that other stakeholders can feel inspired and connected with these messages,” says Investing in Mining Indaba Head of Content, Laura Cornish.

 

Another key session taking place on the Disruptors stage, will look at how we can move beyond the standard discourse surrounding the Just Transition and challenge mining companies to explore ideas around community resilience more broadly and with greater consideration. The panel titled “The Silent ‘C’ – Communities! Are they truly part of the net-zero mining discussion?” will be held on Tuesday 6 February at 12:30. Attendees can expect robust conversations on innovative and future-forward approaches that place communities at the heart of net-zero discussions and explore the business case to be made for a net zero strategy for the mining sector that is inclusive, just and resilient.

 

Women in Mining UK Managing Director Stacy Hope will moderate this discussion, with speakers Ivanhoe Mines VP Sustainability Jasmine Abrahams, Exxaro Group Manager Social Impact Tebogo Leepile, Cobalt Institute Head of Responsible Sourcing and Sustainability, Susannah McLaren and Rio Tinto Environmental, Society and Governance Director-Simandou, Trina Gill.

 

It is without doubt that Africa has a large stock of green minerals that can facilitate the energy transition. What is key is understanding the steps needed to ensure that Africa will benefit from supplying these minerals to the world. For attendees looking to gain global insight on this issue, a session titled “How can African mineral producers participate in U.S. clean energy supply chains?” will be held on Wednesday 7 February at 16:40 on the Governments Stage. It will unpack the opportunities for African mineral producing countries to integrate into the U.S. clean energy industries – facilitated by recent climate-related legislation including the Bipartisan Infrastructure Investment and Jobs Act, the Inflation Reduction Act and the CHIPS and Science Act.

 

The panel will draw on a recent report published by the Carnegie Endowment for International Peace which will look at synergies between the United States’ objectives of developing new clean energy supply chains and reorienting its strategic relationship with African countries’ own long-held aspirations to industrialise and transform their economies by leveraging their mineral resources endowments. Leading this session will be Carnegie Endowment for International Peace Director Dr. Zainab Usman.

 

About Investing in African Mining Indaba
Investing in African Mining Indaba is the largest mining investment event in Africa. With a proven track record of bringing together Ministers, senior Government representatives, Mining Companies, Mid and Junior Miners, Investors, professional services as well as mining equipment and service providers. Mining Indaba is the place to meet everybody who is anybody in the African and global mining industry.

It is the must-attend event that drives the mining industry forward and provides attendees with unmatched access to the entire value chain and the most influential players in African mining for four days of high-quality content, deal-making and networking opportunities. Investing in African Mining Indaba 2024 takes place in Cape Town from 5-8 February 2024.

Chipo Mtasa resigns from Zimplats board

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Chipo Mtasa resigns from Zimplats board

The country’s biggest platinum group metal (PGM) producer Zimplats, has announced that Mrs Chipo Mtasa has resigned as a non-executive director of the Company with effect from 8 January 2024.

Rudairo Mapuranga

According to Zimplats Mrs Mtasa served as the chairperson of the board’s audit and risk committee and was a member of the remuneration committee.

“The board of directors of Zimplats wish to announce that Mrs Chipo Mtasa (“Chipo”) has resigned as a non-executive director of the Company with effect from 8 January 2024.

“Chipo was elected as an independent non-executive director of the Company at the annual general meeting held on 28 October 2019. Chipo served as the chairperson of the board’s audit and risk committee and was a member of the remuneration committee.

“The board extends its sincere appreciation to Chipo for her valuable contribution to the Company during her period as a director of the Company and wishes her every success in the future,” Zimplats said.

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