This week in the mining and energy sector saw a flurry of strategic developments across Africa and beyond.
Pan African Resources announced plans to shift from AIM to the London Stock Exchange’s Main Market, a move aimed at broadening investor access.
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In West Africa, Thor Explorations secured full ownership of the Douta Gold Project in Senegal and boosted its regional footprint with a majority stake in the Bousankhoba permit.
Meanwhile, Akobo Minerals strengthened its financial position through new partnerships, advancing development at its Segele gold mine in Ethiopia.
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Anglo American and Teck Resources agreed to merge, creating Anglo Teck, a Canada-headquartered critical minerals giant and one of the world’s top copper producers.
In South Africa, Copper 360 confirmed the resignation of former founding CEO Jan Nelson from its board, while Chryso Southern Africa reported rising demand for admixtures, driven by wind farm construction across the country.
Diplomatic ties also took center stage as South Africa and Saudi Arabia convened the 10th Saudi-South African Joint Committee in Riyadh, marking a significant step in strengthening bilateral cooperation.
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