Connect with us
Anglostratits

Energy

Rand Refinery Joins African Mining Week (AMW) as Silver Sponsor Amid Regional Market Expansion Strategy

Published

on

Energy Capital

African Mining Week 2026 will showcase lucrative investment, partnership, and knowledge-exchange opportunities across Africa’s gold downstream sector, as Rand Refinery intensifies its investment and expansion strategy across the continent

CAPE TOWN, South Africa, May 19, 2026/APO Group/ –Amid a strategy to expand from a South Africa-focused refiner into a pan-African downstream leader, Rand Refinery has joined African Mining Week (AMW), an Influential African Mining Conference, scheduled for October 14-16, 2026 in Cape Town, as a silver sponsor.

Rand Refinery’s participation reflects a broader strategic alignment between the company’s expansion agenda and AMW’s focus on supporting and enabling local beneficiation and promoting artisanal and small-scale mining (ASM) responsible sourcing frameworks.

 

In terms of volumes, the latest market information indicates that Africa produces 1000tpa of mined gold (more than any other continent), with large-scale mining (LSM) and ASM being almost evenly balanced (500tpa production each). On its current trajectory, African ASM volumes are expected to eclipse those of LSM.

 

The focus on ASM as a transformational imperative is valid, and Rand Refinery is an active participant in the precious metals supply chain, working alongside other upstream and downstream actors to ensure that the communities and countries with gold resources benefit in a sustainable manner.

 

Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value Chain, AMW 2026 offers a critical interface between refiners, miners, regulators, and financial institutions, as African countries intensify efforts to capture more value from responsible mineral production.

 

A key pillar of Rand Refinery’s 2026 strategy is its expansion into high-growth gold markets beyond South Africa. In January 2026, the company partnered with Ghana’s Gold Coast Refinery (GCR) to support the Ghana Gold Board to locally refine artisanal and small-scale (ASM) gold and elevate responsible sourcing standards in West Africa. The partnership also positions Rand Refinery in a rapidly growing and historically fragmented supply segment: ASM operations, enabling the company to enhance traceability and strengthen compliance with global standards for ethical sourcing and anti-money laundering.

 

The partnership potentially allows the monetization of ASM supply streams in the formal gold ecosystem, complementing Rand Refinery’s established role in refining output from responsible large-scale producers. AMW 2026 represents a timely platform for the company to provide an update on its projects and contribution to Africa’s gold sector.

 

As demand for regional refining capacity expands, along with central bank buying programs, companies such as Rand Refinery will be crucial.

 

Central bank gold purchases are projected to average around 585 tons per quarter in 2026, underscoring sustained global demand. In Africa, gold now accounts for approximately 17% of total reserves – up from less than 10% in 2022–2023 – while physical holdings increased from 663 tons in 2022 to an estimated 738 tons in 2025.

 

This upward trajectory is driving demand for trusted refining and value addition services, positioning Rand Refinery as a key partner in the region. Against this backdrop, AMW provides a strategic platform for central banks and gold buyers to engage directly with one of the world’s largest integrated single-site precious metals refining and smelting complexes and strengthen regional beneficiation and national reserve strategies.

 

At AMW, Rand Refinery executives will participate in panel discussions and networking sessions, engaging stakeholders on partnership opportunities that support a more integrated, transparent and value-driven African gold ecosystem.

Distributed by APO Group on behalf of Energy Capital & Power.

Energy

Mining Services Companies Drive Africa’s Next Phase of Industrial Mining Growth

Published

on

Energy Capital

African Mining Week will highlight how mining services companies are becoming central to transforming Africa’s vast mineral endowment into investment-ready projects

CAPE TOWN, South Africa, May 19, 2026/APO Group/ –African Mining Week (AMW) – taking place on October 14 to 16 in Cape Town – will highight the growing role of mining services companies as critical enablers of Africa’s transition from resource – rich to project – ready. As the continent works to unlock an estimated $8.5 trillion in untapped mineral wealth, these firms are emerging as key drivers of capital mobilization, technical delivery and accelerated project timelines.

 

A structural shift is underway. Mining services companies are no longer confined to contractor roles – they are evolving into integrated project partners, shaping how mines are financed, engineered, built and operated. Their influence now sits at the intersection of capital markets, infrastructure development, energy systems and industrial policy, positioning them as central players in Africa’s next phase of mining – led growth.

This evolution is already visible in project activity across the continent. In April 2026, Metso inaugurated a new regional hub in Cape Town, strengthening its bulk material handling and services capabilities across Africa. The facility enhances automation, logistics and lifecycle services across key commodity value chains – including coal, platinum group metals and manganese – directly supporting South Africa’s strategy to scale mineral exports and industrial output.

Geopolitics is further amplifying this trend. Major global economies are increasingly leveraging their EPC and mining services companies as strategic tools to secure supply chains and expand influence. Institutions such as the Export-Import Bank of the United States are backing American participation in African mining, while China, Europe, Canada and Australia continue to embed their services companies into financing and development frameworks across the continent.

Australia’s Lycopodium is advancing Namibia’s Twin Hills project, while China’s JCHX Mining Management is supporting copper production at Botswana’s Khoemacau Mine. In Guinea, XCMG Machinery is contributing to development at the Simandou iron ore project – one of the largest untapped deposits globally.

Across key mining jurisdictions, this shift is accelerating project pipelines. Countries such as the Democratic Republic of the Congo, Zambia, Ghana, Liberia and South Africa are increasingly relying on mining services firms to fast-track national geomapping exercises, exploration, scale production and advance beneficiation.

Against this backdrop, AMW will bring together global EPC firms, mining services providers, investors and African developers. The event is set to catalyze partnerships and deal-making, with a focus on strengthening execution capacity, unlocking financing and accelerating the delivery of mining projects that can anchor Africa’s industrial growth and global supply chain integration.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Energy

Offtake Agreements Reshape Africa’s Next Phase of Mining Investment

Published

on

Energy Capital

African Mining Week will highlight how offtake agreements are bridging Africa’s mineral wealth with global capital, turning geological potential into bankable mining projects

CAPE TOWN, South Africa, May 18, 2026/APO Group/ –Multinational commodities company Trafigura signed an offtake agreement in April 2026 with Ghana’s Heath Goldfields for the Bogoso-Prestea Gold Mine, committing to purchase around 700,000 ounces of gold. The deal provides immediate commercial certainty for the project while improving its financing profile by guaranteeing a long-term buyer, addressing one of the sector’s most persistent constraints: access to capital.

The move reflects a broader trend across Africa’s mineral sector whereby projects are turning to offtake agreements to secure capital and advance production. As Africa accelerates the development of its estimated $8.5 trillion in untapped mineral wealth, offtake agreements are emerging as an effective tool to unlock financing and de-risk projects.

This dual function – market assurance and capital enablement – is increasingly central to Africa’s mining financing landscape. By reducing demand risk, offtake agreements help unlock debt and equity financing that would otherwise be difficult to secure in early-stage or restart projects.

Similar structures are being replicated across the continent. In Sierra Leone, an offtake-backed arrangement involving Trafigura and FG Gold Limited helped unlock financing for the Baomahun Gold Project, marking a critical step in de-risking one of the country’s flagship mining developments and enabling financial close for large-scale gold production.

In the battery minerals space, NextSource Materials extended its offtake agreement in March 2026 with Mitsubishi Chemical Corporation to supply graphite from the Molo project in Madagascar. The arrangement provides predictable long-term demand for 9,000 tons per annum of graphite, while simultaneously supporting project financing and expansion plans tied to global battery supply chains.

Similarly, Bannerman Energy has secured offtake agreements with North American utilities for uranium from its Etango project, providing multi-year revenue visibility from 2029 to 2033 and strengthening the project’s long-term investment case.

These transactions reflect a broader structural shift in African mining finance: offtake agreements are no longer just sales contracts, but core instruments of project development, risk allocation and capital mobilization. For other markets seeking finance and long-term buyers, these examples demonstrate the viability of offtake contracts – not only for project commissioning phases but as tools for early-stage development.

Notably, in South Africa, where the government is targeting R2 trillion in investment to unlock its critical minerals potential, offtake structures could play a central role in de-risking projects. Similarly, in the Democratic Republic of Congo, which holds an estimated $24 trillion in untapped mineral wealth, offtake agreements could accelerate the monetization of its vast copper, cobalt and strategic mineral reserves.

Against this backdrop, the upcoming African Mining Week (AMW) Conference and Exhibition – taking place from October 14–16 in Cape Town – will showcase how offtake-driven financing models can be scaled to accelerate project delivery and strengthen Africa’s position in global minerals supply chain. Uniting stakeholders from across the entire African mineral value chain, the event offers a platform to examine strategic financing, mechanisms to accelerate production and positioning the continent at the forefront of global mining investment.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Energy

Africa-Focused Independents Expand African Energy Week (AEW) 2026 Speaker Lineup as Exploration Accelerates

Published

on

Africa

Independent oil and gas companies driving exploration, redevelopment and frontier expansion across Africa have joined AEW 2026 as the continent’s upstream sector enters a new phase of regional growth

CAPE TOWN, South Africa, May 14, 2026/APO Group/ –Africa-focused independents are set to play a defining role at African Energy Week (AEW) 2026 – scheduled for October 12-16 in Cape Town – as companies expand portfolios, redevelop mature assets and pursue frontier exploration opportunities across the continent. From Angola and Namibia to Nigeria, Chad and Kenya, a new generation of independent operators is strengthening Africa’s upstream landscape through targeted acquisitions, high-impact drilling campaigns and infrastructure-led development strategies.

 

Afentra continues to advance exploration across proven shallow water provinces in Angola. Alongside its Block 3/05 and Block 3/05A partners, the company recently carried out a two well program, starting with the spudding of Pacassa SW. The program aligns with a multi-well redevelopment plan aimed at scaling reserves and boosting production from the current 5,856 bpd to upwards of 9,000 bpd. The partners plan to spud the Impala-2 development well, while hydraulic workover program preparations are ongoing with execution planned for late 2026 or early 2027. Onshore, the company is advancing technical studies at Blocks KON 15 and 19, with a planned 2D seismic acquisition program on the cards. Afentra’s CEO Paul McDade joins AEW 2026 to discuss these programs.

AEW 2026 will provide a critical platform for these firms to engage investors, governments and technical partners as they advance the next generation of African energy projects

Nigeria’s Oando PLC recently made its foray into Angola, securing operatorship of Block KON 13. The move comes as the company expands its portfolio beyond Nigeria’s borders, leveraging its experience in the country to unlock new basins across the region. Oando’s existing portfolio encompasses more than 14 oil and gas assets across Nigeria and São Tomé and Príncipe. This is supported by a pipeline network of 1,255 km, 14 flow stations and gas processing capacity in excess of 3.6 billion standard cubic feet per day. Wale Tinubu, Group Chief Executive, Oando PLC, joins AEW 2026 to discuss the company’s growing portfolio and how regional lessons can support exploration in new markets.

With a portfolio of high-impact Atlantic-margin oil and gas assets, Sintana Energy continues to drive exploration across key projects in Namibia and Angola. The company has exposure to eight blocks across both countries, covering both deepwater and onshore acreage. In April 2026, Sintana Energy announces plans for a second listing on the Namibia Securities Exchange, signaling a new phase of financial maturity. The move comes as the company prepares for several exploration programs in Africa, including the advancement of the Mopane campaign at Namibia’s PEL 79. Robert Bose, CEO, Sintana Energy, is expected to share further insight during AEW 2026.

Rhino Resources is also advancing Namibian exploration programs, while broadening its footprint into South Africa’s onshore Karoo Basin. The company is engaged in a multi-well drilling campaign in Namibia’s Orange Basin, targeting FIDs between late 2026 and early 2027 across operated and partner-led projects. These include the Volans and Capricornus discoveries at PEL 85. In South Africa, the company is advancing a six-well campaign targeting helium, methane and hydrogen resources. Further insights into these projects will be shared at AEW 2026 as Travis Smithard, CEO, Rhino Resources, confirms his participation.

Meanwhile, as an American publicly-traded company with a focus on sub-Saharan Africa, ERHC Energy Inc has centered its operations around de-risked exploration, cost efficient development and high-margin production. The company has stakes in Kenya’s Block 11A, and while no wells have been drilled to date, the acreage offers promising geology and is supported by extensive 2D seismic coverage. In Chad, ERHC Energy Inc has stakes in three oil blocks in the Doseo and Doba Basins, while in the Joint Development Zones between Nigeria and São Tomé and Príncipe, has exposure to six of the areas nine blocks. Peter Ntephe, CEO, ERHC Energy Inc, joins AEW 2026, where he is expected to share insights into these projects.

“Independent operators are moving quickly, taking strategic risks and unlocking value in both mature and frontier basins across the continent. AEW 2026 will provide a critical platform for these firms to engage investors, governments and technical partners as they advance the next generation of African energy projects,” states NJ Ayuk, Executive Chairman, African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Trending