PUBLICATION

Global Business Reports

AUTHORS

Lorena Stancu, Germaine Aboud, Marta Armengod

MACIG 2023 Pre-Release

November 21, 2022

In an environment of heightened inflation, African miners and juniors benefit from lower discovery and operating costs, with many expenses incurred in local currencies and most ore bodies found close to surface and amenable to cheaper mining methods. While downward-sloping share prices keep CEOs awake at night across all time zones, companies with African assets have developed a thicker skin for tough market conditions through constantly having to prove project excellence to make up for high jurisdictional risks.

Regardless of what happens on the outside, African players must deal with other issues from within the continent, including security concerns, power blackouts, poor infrastructure, and unstable governance, in a mix specific to each individual country. Handling these challenges has, at best, bulked up the African industry’s resilience against global shocks. But it certainly has not insulated it from them.

In this Pre-Release edition of our MACIG 2023 report, GBR divides the African mining map in four key regions - West, Southern, Central, and East - profiling the key jurisdictions within each geography. The second part of the report studies the trends specific to different commodities, looking primarily at precious metals, base metals, and battery metals; the final book will encompass both a broader territorial span, with a chapter on North Africa, and a wider coverage of commodities, to include coal, uranium, and diamonds.

RELATED INTERVIEWS MORE INTERVIEWS

No Content Found

RECENT PUBLICATIONS

Latin America Chemical Week Report 2024

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.

MORE PREVIOUSLY PUBLISHED

MACIG

"Zambia indeed deterred many investors due to multiple policy shifts in the mining tax regime that showed no consistency. However, since 2021 and with a new government in place, we have seen more stability as well as investor-friendly policies."

SUBSCRIBE TO OUR NEWSLETTER