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New minerals’ minister in Gabon to prioritise high-growth

Gabon’s new Mining Minister Sosthène Nguema Nguema has announced intentions to prioritise high-growth mining opportunities during Mining Indaba. The Minister, an environmental engineer and former Minister of Oil and Gas is expected to bring a pragmatic approach to the sector with investor attraction a core focus. Following his appointment by …

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Reforms Open Door for Australian Miner in Egypt

Egypt’s overhaul of its mining legislation is beginning to translate into foreign investment interest, with Australian mining group Hunter & Co. signaling plans to enter the country’s mineral sector. The move follows discussions between Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawiand a senior Hunter & Co. delegation, where …

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Sibanye Phases Keliber Start Amid Market Reality

Production at the €783 million (R14.9 billion) Keliber lithium project in Finland will be phased, with Sibanye-Stillwater citing oversupply in the global lithium market. The Johannesburg-headquartered miner said that last year, prices for lithium concentrate were “well below” the project incentive price of $10,000 to $15,000 LCE (lithium carbonate equivalent). …

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