mining in Africa report 2020

Making an impact: Society, security and corporate accountability

There’s no question of the opportunities presented by the mining sector in Africa, but at the turn of the decade, commercial operators, consumers, governments and investors are taking stock.

Standard Hero_Mining in Africa

We are entering an age which is moving rapidly from opacity to transparency, and from tacit acceptance to meticulous scrutiny. In our 2020 Mining in Africa Report, we draw on commentary from a range of S-RM’s subject matter experts who share their insights on some of the key risks facing mining sector stakeholders across the continent.

Looking ahead to the next decade

For resource-rich countries, investment in the mining industry can generate employment, spur economic growth and propel technological innovation. Indeed, the prospect of attractive returns and long-term growth has caught the attention of state-sponsored and private investors globally. From Western Europe and the US through to Russia and China: all eyes are on Africa

Gold rush: Artisanal mining, crime & militancy in Africa 

Artisanal and small-scale gold mining (ASGM) in Africa is made up of complex networks and relationships, traversing both regulated and illegal activity. Despite being a source of income for local communities and migrant labour, the very nature of ASGM makes it intrinsically vulnerable to exploitation. This is exacerbated by the fact that ASGM activities often take place in remote locations, and in the shadow of larger commercial operations.

Stepping up: Addressing ESG risks in the age of transparency

Mining companies have historically ranked poorly on Environmental, Social and Governance (ESG) indicators . Despite being a capital- and carbon-intensive industry, ESG concerns have simply not been high on their priority list, especially for juniors. Several factors have contributed to this. Among these are the absence of regulation or legislation regarding ESG, the competing cost pressures of frequently working in high risk jurisdictions, as well as tough market conditions. 

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