Latest news with #AfricanMiningWeek
Zawya
a day ago
- Business
- Zawya
African Mining Week (AMW) to Spotlight Opportunities in South Africa's Platinum Group Metals (PGM) Market
The upcoming African Mining Week (AMW) – Africa's premier gathering for mining stakeholders, taking place from October 1-3, 2025, in Cape Town – will feature a dedicated panel exploring investment and growth opportunities within the country's platinum group metals (PGM) market. Titled, South Africa's Strategic Influence in the Global PGM Market, the panel session will spotlight national initiatives designed to strengthen the country's PGM value chain – an industry that already accounts for approximately 80% of global supplies. As South Africa strengthens its position as the world's leading producer of PGM, the session will foster greater collaboration among industry stakeholders. Speakers are expected to address challenges and opportunities across the value chain, identifying strategies for accelerating production and consolidating the country's position as a major global supplier. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ South Africa's PGM market offers significant opportunities for mining companies and investors. In May 2025, mining firm Ivanhoe Mines reached a significant milestone by driving underground development into the high-grade platinum, palladium, rhodium, nickel, gold and copper orebody at the Platreef Mine in Mokopane. First production at the project is targeted for Q4, 2025, followed by Phase 2 within two years after first production. The project, containing over 95 million tons of PGMs, aims to produce 450,000 ounces annually in Phase 2. Meanwhile, Canada-based Platinum Group Metals Ltd. recently announced plans to raise $1.8 billion through a private placement to advance the Waterburg Project in South Africa. The project holds proven and probable reserves of 246.2 million tons of platinum, palladium, rhodium and hold at an average grade of 2.96 grams per ton. With aims to diversify its product portfolio and enhance revenue generation, mining Group Pelagic Resources launched the development of a new PGM concentrator at its Kookfontein Mine in February this year. Designed by exploration company Nuco Chrome in early 2024, the concentrator is currently in an advanced development stage and is expected to be commissioned in the first half of 2025. Other major PGM developments in South Africa include the 40-million-ounce Bengwenyama Project by Southern Palladium, which completed a pre-feasibility study in October last year, confirming a 14% increase in PGM reserves. Meanwhile, Vanadium Resources Ltd. recently signed an agreement with China Energy Engineering International Group for the provision of engineering, procurement and construction services for the Steelpoortdrift Vanadium Project. The open pit mine and treatment facility will be developed for the exploitation of 680 million tons of vanadium resources in the Bushveld Complex. Additionally, Northam Platinum Holdings is reviving the Eland Mine Complex in the North West Province, with aims to increase PGM production from 100,000 ounces annually in 2025 to 180,000 ounces by 2028. Amid this growth, AMW will serve as a key platform to unpack these developments and explore new strategies being implemented to attract investment and boost production. The event will bring together South African regulators, mining executives and global partners to shape the future of the country's PGM sector. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
2 days ago
- Business
- Zawya
African Mining Week 2025 to unpack the DRC cobalt market prospects, global significance
CAPE TOWN, South Africa/ -- As the Democratic Republic of the Congo (DRC) seeks to maximize the financial and economic returns from its cobalt reserves – considered some of the largest worldwide -, the upcoming African Mining Week will spotlight the country's expanding investment opportunities across the cobalt value chain. Taking place October 1-3, 2025, in Cape Town, the event is Africa's premier gathering of mining stakeholders. A dedicated panel discussion, titled Cobalt Opportunity: DRC's Strategic Position in the EV Revolution, will unpack the DRC's pivotal role in the global cobalt market, detailing how the nation is boosting value addition, addressing global demand while creating lucrative prospects for international investors. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ A key ingredient for lithium-ion batteries, cobalt is witnessing a surge in demand as countries worldwide accelerate the deployment of energy transition technologies such as renewable energy, electric vehicles (EV) and energy storage. The World Bank posits that global cobalt consumption could increase to 344,000 tons in 2030, representing a 9.6% annual increase between 2017 and 2030. Accounting for 70% of global cobalt production, the DRC is strategically positioned to leverage its comparative advantage in the industry to increase revenue, drive development and consolidate its position as a global cobalt supplier. Given this potential, the country is enhancing its role in the global EV value chain by promoting local value addition and establishing direct supply agreements. The country partnered with Zambia and the African Export-Import Bank to develop regional Special Economic Zones (SEZs) for EV manufacturing, leveraging local cobalt resources to build a competitive industrial base. Supporting this vision is the creation of the Congolese Battery Council, which facilitates SEZ development, and a $350 million cobalt smelting plant under development in partnership with U.S.-based Delphos International. Similarly, Congolese firm Buenassa - backed by $3.5 million in initial funding from the government – is also constructing a hydrometallurgical plant in Lualaba province, set to produce 30,000 tons of copper cathode and 5,000 tons of cobalt sulphate annually by 2027. In addition to infrastructure advancements, the DRC is proving an attractive environment for foreign investment. Ivanhoe Mines reported revenues of $973 million in Q1, 2025 - a 57% year-on-year increase - at its Kamoa-Kakula Copper-Cobalt mine, demonstrating the potential for strong returns within the country. Meanwhile, China's CMOC Group, the world's top cobalt producer, achieved record-breaking production in 2024 from its Tenke Fungurume and Kisanfu mines and is on track to exceed those volumes in 2025, further strengthening the DRC's global footprint in the EV revolution. Amid these developments, African Mining Week will connect global investors with the DRC's rapidly evolving cobalt sector and its broad array of high-return opportunities. The panel discussion will outline investment opportunities, challenges and upcoming initiatives. Distributed by APO Group on behalf of Energy Capital & Power. SOURCE Energy Capital & Power
Zawya
2 days ago
- Business
- Zawya
African Mining Week (AMW) 2025 to Unpack the Democratic Republic of the Congo's (DRC) Cobalt Market Prospects, Global Significance
As the Democratic Republic of the Congo (DRC) seeks to maximize the financial and economic returns from its cobalt reserves – considered some of the largest worldwide -, the upcoming African Mining Week will spotlight the country's expanding investment opportunities across the cobalt value chain. Taking place October 1-3, 2025, in Cape Town, the event is Africa's premier gathering of mining stakeholders. A dedicated panel discussion, titled Cobalt Opportunity: DRC's Strategic Position in the EV Revolution, will unpack the DRC's pivotal role in the global cobalt market, detailing how the nation is boosting value addition, addressing global demand while creating lucrative prospects for international investors. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ A key ingredient for lithium-ion batteries, cobalt is witnessing a surge in demand as countries worldwide accelerate the deployment of energy transition technologies such as renewable energy, electric vehicles (EV) and energy storage. The World Bank posits that global cobalt consumption could increase to 344,000 tons in 2030, representing a 9.6% annual increase between 2017 and 2030. Accounting for 70% of global cobalt production, the DRC is strategically positioned to leverage its comparative advantage in the industry to increase revenue, drive development and consolidate its position as a global cobalt supplier. Given this potential, the country is enhancing its role in the global EV value chain by promoting local value addition and establishing direct supply agreements. The country partnered with Zambia and the African Export-Import Bank to develop regional Special Economic Zones (SEZs) for EV manufacturing, leveraging local cobalt resources to build a competitive industrial base. Supporting this vision is the creation of the Congolese Battery Council, which facilitates SEZ development, and a $350 million cobalt smelting plant under development in partnership with U.S.-based Delphos International. Similarly, Congolese firm Buenassa - backed by $3.5 million in initial funding from the government – is also constructing a hydrometallurgical plant in Lualaba province, set to produce 30,000 tons of copper cathode and 5,000 tons of cobalt sulphate annually by 2027. In addition to infrastructure advancements, the DRC is proving an attractive environment for foreign investment. Ivanhoe Mines reported revenues of $973 million in Q1, 2025 - a 57% year-on-year increase - at its Kamoa-Kakula Copper-Cobalt mine, demonstrating the potential for strong returns within the country. Meanwhile, China's CMOC Group, the world's top cobalt producer, achieved record-breaking production in 2024 from its Tenke Fungurume and Kisanfu mines and is on track to exceed those volumes in 2025, further strengthening the DRC's global footprint in the EV revolution. Amid these developments, African Mining Week will connect global investors with the DRC's rapidly evolving cobalt sector and its broad array of high-return opportunities. The panel discussion will outline investment opportunities, challenges and upcoming initiatives. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
5 days ago
- Business
- Zawya
Why Industry Leaders are Choosing African Mining Week 2025
As global demand for critical minerals accelerates, Africa's mineral-rich economies are stepping into a more prominent role – not only as exporters of raw materials, but as strategic partners in global supply chains. African Mining Week (AMW) 2025, taking place in Cape Town on October 1-3, is emerging as a key platform for policymakers, mining companies, financiers and service providers to connect, negotiate and shape the future of the continent's mining sector. AMW 2025's will prioritize high-level networking, dealmaking and investor matchmaking. At a time when governments are under pressure to present investable projects, this approach ensures that time on the ground translates into meaningful engagement and tangible progress. Targeted Engagement Drives Attendance AMW's agenda is designed to support strategic engagement through exclusive country briefings, curated investor meetings and deal rooms that connect government and private sector actors directly. Its co-location with African Energy Week 2025: Invest in African Energies further enhances the event's appeal, creating opportunities for cross-sector dialogue on infrastructure, energy access and mineral beneficiation. This targeted approach is attracting a wide range of public and private sector delegations. Among confirmed participants is the South Africa–DRC Chamber of Commerce, which will be supporting the participation of companies operating across two of Africa's largest and most influential mining jurisdictions. South Africa's mining industry continues to play a central role in global platinum group metals production and is seeing new interest in battery minerals and green hydrogen, with institutions like the Industrial Development Corporation set to participate in sessions on financing mining and industrialization projects across the continent. The DRC, meanwhile, remains critical to global cobalt and copper supply chains, with significant interest in expanding downstream processing. Government Participation Signals Project Pipelines Several African governments are attending with the express purpose of promoting new investment opportunities. Chad's Ministry of Petroleum and Energy is expected to highlight emerging opportunities in mining and infrastructure development as part of ongoing efforts to attract investment in its extractive sector. From Angola, national oil company Sonangol is participating as part of a broader push to diversify its portfolio beyond oil and gas. The Angolan government is prioritizing the development of its diamond, iron ore and battery mineral resources, and Sonangol's involvement reflects the country's intention to drive resource-linked industrial development. International participation is also strong. Organizations such as World Mining Investment and delegations from the Gulf, Europe and Asia are attending to assess African markets amid growing interest in diversifying supply chains and securing long-term access to key minerals. Aligning Investment with Industrial Development With global exploration spending in Africa projected to rise – particularly in copper, lithium and rare earth elements – many countries are not only positioning themselves as resource suppliers, but as hosts for beneficiation and value-added processing. Discussions at AMW will explore policy incentives, infrastructure corridors and cross-border industrial zones that can help support this ambition. As African governments seek to coordinate on regional value chains, improve regulatory coherence and share infrastructure, platforms like AMW play an important role in facilitating dialogue and action. By convening stakeholders across government, industry and finance, the event is helping to reshape how mining investment is pursued on the continent – shifting from transactional approaches to more strategic, collaborative models that align with Africa's broader development goals. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
23-05-2025
- Business
- Zawya
Anglo American Platinum Chief Executive Officer (CEO) Confirmed to Speak at African Mining Week 2025
Craig Miller, CEO of mining company Anglo American Platinum, has been confirmed to speak at the upcoming African Mining Week 2025 conference. During the event, Miller is expected to shed light on the company's strategy in Africa as well as the continent's pivotal role in strengthening the global PGM supply chain. Miller will speak on a panel titled: South Africa's Strategic Influence in the Global Platinum Group Metals Market. Taking place October 1–3, 2025, in Cape Town, African Mining Week is Africa's premier gathering for mining stakeholders and provides a strategic platform for industry leaders, investors and companies to unlock emerging opportunities across the continent's mining value chain. As the CEO of the world's largest platinum group metals (PGM) producer, Miller is uniquely positioned to discuss the continent's emergence as a global PGM supplier and the impact resource-rich nations such as South Africa will have on future supply chains. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ With global demand for PGMs increasing - driven by applications in electric vehicles and clean energy technologies – Anglo American Platinum is positioning itself as an instrumental part of the continent's PGM value chain. The company operates several of South Africa's key PGM producing assets, including the 5.8-million-ounce (oz) Tumela Mine, the 310,000-oz Mogalakwena Mine, the 217,000-oz Kroondal Mine, the 160,000-oz Dishaba Mine, among other projects. In Zimbabwe, the company manages the Unki Platinum Mine, one of the country's largest with an annual production capacity of 64,000 oz. For 2025, the company has set a refined production target of up to 3.4 million oz across its PGM projects, supported by ongoing mine expansions and new investments across its African portfolio. As such, African Mining Week 2025 will serve as a crucial platform for Miller to share insight into the company's investments in Africa and the road ahead for the continent's PGM production. Through his participation, Miller is expected to outline the company's future direction, strategic priorities and ongoing projects, while reinforcing cooperation with African and international partners to enhance operational performance and market access. The South Africa's Strategic Influence in the Global Platinum Group Metals Market session offers a strategic opportunity for conference attendees to gain insight into both the country's PGM market and its future role as a global supplier. Distributed by APO Group on behalf of Energy Capital&Power.
