"Roughly 20 mines have been built since 2010, taking an average of only 1.7 years to complete, which is significantly less than any other region globally. West Africa has an industry-wide track record of delivering projects both on time and on budget."
"On the production side, South Africa is very competitive thanks to shallow and high-quality deposits, but on the logistics side, rail shortfalls are a big impediment."
"On a path to reach over half a million oz/y, and given the immense exploration potential on the Chirano-Bibiani corridor, Asante Gold is a real growth opportunity and has proven it can deliver. "
GLOBAL DIRECTOR, ENERGY AND EXTRACTIVES GLOBAL PRACTICE, THE WORLD BANK
"The global efforts towards diversified and resilient supply chains create opportunities for African countries to capture more economic activity on the continent and create good-paying jobs."
"The assays have delivered very high grade total rare earths oxide (TREO) intersections that are very broad and conclusively prove that Kangankunde is an asset that will rank amongst the world's very best."
"With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, we anticipate that the sector will continue showing resilience and growth, remaining financially sound in 2023."
"Geopolitically, the appetite to develop a refinery and unlock the value of individual rare earths outside of China is very high, driven by Western governments ambitions with alternative, sustainable and traceable rare earth supply in the long-term."
The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.