Mining green shoots sprouting – Minerals Council
CAPE TOWN (miningweekly.com) – Green shoots are sprouting in South Africa’s mining sector, which is readying for new take off, Minerals Council South Africa CEO Roger Baxter said on Monday.
In a briefing on the State of the Mining Nation on the sidelines of the opening day of the Investing in African Mining Indaba, Baxter told journalists that significant progress had been made on the regulatory front, where close interface with government is ongoing.
“The boil has been lanced,” he said, as he spoke of the Minerals Council working closely with government to get the economy of the country back on track.
He spoke of the separation of oil and gas into its own regulatory environment being good for the country, which is endowed with a promising continental shelf.
On the mining front, 300 companies were now emerging as junior miner members of the Minerals Council.
While some aspects of South Africa’s Mining Charter remained contrary to the declaratory order judgment, the Minerals Council was engaged with the team of Mineral Resources Minister Gwede Mantashe on outstanding issues.
The Minerals Council was extremely concerned about the high tariff increases that the electricity utility was seeking, which, if approved, would shrink South Africa’s mining, smelting and refining footprints devastatingly.
Baxter contended that South Africa’s energy position would not be as dire had the government adopted the Energy Policy White Paper of 1998.
He revealed that the Minerals Council was working with its African counterparts to strengthen its partnership on the continent in the field of mining.
He put illegal mining in South Africa at R20-billion a year and pointed to it taking place increasingly in operating mines and not only abandoned mines, which called out for action.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation