Research Reports

Originally posted by Popeye82: ↑

MACIG West Africa 2020-2021

- The World Economic Forum has recently put together a world map of the global economy that is almost entirely covered in red - the color that designates economic recession in 2020. Out of 194 countries, only 16 are in green - those will see growth above 0%. A green cluster, formed of Guinea, Ivory Coast, Ghana and Benin, congregates on West Africa shores. Prior to the pandemic, this region counted six of the 10 fastest-growing economies in the world. Although their growth has been tamed, these countries are already recovering quicker than other parts of the world, partly by leveraging both their producing and prospective gold deposits.

The countries featured in this report - Ghana, Senegal, Burkina Faso, Mali, Ivory Coast, and Nigeria - have all shown a stronger focus on mining in recent years; Mali has consistently increased its gold production, Ivory Coast seeks to double its output by 2025, while Nigeria races to join the mining club after decades of oil-centrism. If the gold spot price holds its current strength, governments have big incentives to develop their gold sectors. Attracted by gold, investment arriving in West Africa may also find opportunities in other minerals. Guinea has the world’s largest bauxite deposit, **on holds the second largest manganese reserves, and Ghanaian undeveloped lithium projects could feed into a rapidly growing global battery market.

From the outside, African countries are seen homogenously, but it is their diversity and fragmentation that defines the reality on the ground. Though the pandemic moved governments around the world to be more self-sufficient at best, and more nationalistic at worst, awaited developments such as the AfCFTA will create more cooperation and regional integration across Africa through forming the largest trade area in the world.

Drawing from over 50 interviews with executives based in Africa, Europe, Canada, and Australia, this report seeks to present the unique features of each jurisdiction included, as well as trends that go across the region and the different sectors of the value chain. -
http://projects.gbreports.com/macig-west-africa-2020/cover/

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Mining in Ontario and Toronto's Global Reach 2021

- At PDAC 2020, when the previous edition of this report was launched, the mood was buoyant as rising precious metals prices had triggered a wave of M&A activity. However, the Covid-19 wrecking ball and ensuing lockdown sent the sector into disarray, as the unprecedented pandemic reduced operations to a bare minimum, taking months to return to full capacity.

Despite the unique challenges faced in 2020, the second half of the year breathed new life into the mining sector, illustrated by new listings on the TSXV increasing by 71% in 2020, with the amount of capital raised increasing by 89%. While a correction in the precious metals market at the start of 2021 has taken the shine out of the PM space to some extent, producers are awash with free cash flow, the junior sector has reignited, and macro conditions are aligned for mining to flourish in the years ahead.

Drawing from over 70 interviews with the leading industry executives, Global Business Reports presents its annual guide to the different companies involved across the full value chain of Ontario mining, including the financial institutions on Bay Street, mining producers and juniors headquartered in Toronto with operations across the globe, and an innovation-led service sector. -
http://projects.gbreports.com/ontario-mining-2021/cover/