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CSR News

Renewables gaining traction

By: Tasneem Bulbulia     24th February 2017 Off-grid mines present one of the biggest business opportunities in renewable-energy solutions for mining companies, says engineering professional services consulting firm WSP | Parsons Brinckerhoff director of transmission, distribution and power Dinesh Buldoo. The mining sector is one of the... 

Analysts acclaim Glencore’s performance as good fundamentals return

By: Martin Creamer     23rd February 2017 Commodity market fundamentals are improving against a backdrop of better than expected demand and limited, if any, inventory build through the trough of the cycle, diversified mining and marketing company Glencore said on Thursday. This comes against the background of the London-, Hong Kong- and... 

Analysts acclaim Glencore’s performance as good fundamentals return
Glencore CEO Ivan Glasenberg

BC confirms mineral exploration tax credits in 5th balanced budget

By: Henry Lazenby     22nd February 2017 The British Columbia provincial government on Tuesday unveiled its fifth consecutive budget in the black, confirming critical fiscal supports for the mineral exploration industry, previously unveiled by Liberal Premier Christy Clark. The 2017/18 budget, which is expected to run a C$295-million... 

BC confirms mineral exploration tax credits in 5th balanced budget
Photo by Geoscience BC
The British Columbia provincial government has confirmed critical fiscal supports for the mineral exploration industry, previously unveiled by Liberal Premier Christy Clark

Convention aims to bridge communication gap

By: Simone Liedtke     17th February 2017 As a continually evolving industry that operates globally, sometimes the biggest difficulty for the mining industry is getting the right people together in one place to discuss their challenges and find ways to address and, ultimately, overcome them, says Prospectors and Developers Association of... 

Convention aims to bridge communication gap
EIGHTY-FIFTH CONVENTION Prospectors and Developers Association of Canada's 2017 convention will feature more than 400 exhibitors at the investors exchange and 500 at the trade show

Critical minerals project awaits funding for construction

By: Simone Liedtke     17th February 2017 With cobalt trading above $17/lb and trending higher toward longer-term averages, project developer Fortune Minerals saw this as an opportune time to secure the project financing needed to build its Nico project, in Canada. 

Critical minerals  project awaits funding for construction
COBALT SULPHATE Cobalt-based lithium-ion battery chemistries deliver superior energy density for power and performance

DRDGold spends R26m in six months on environmental restoration  

By: Martin Creamer     15th February 2017 Johannesburg is probably one of the world’s best examples of unintended sustainable development, where almost accidentally the mining economy has been fully replaced by another larger economy. This is because mining took place for long enough to allow for the emergence of services industries such... 

DRDGold spends R26m in six months on environmental restoration
Mining Weekly Online’s Martin Creamer talks to DRDGold CEO Niël Pretorius on the company’s R26-million expenditure on environmental restoration. Photographs: Duane Daws. Video: Nicholas Boyd. Video Editing: Lionel da Silva.

Botswana chamber adopts Canada’s sustainable mining programme

By: Henry Lazenby     14th February 2017 The Botswana Chamber of Mines (BCM) has announced that it will adopt the Towards Sustainable Mining (TSM) initiative, a corporate social responsibility programme developed by the Mining Association of Canada (MAC) to improve environmental and social practices in the mining industry. This is first... 

Botswana chamber adopts Canada’s sustainable mining programme

Glencore’s DRC copper top-up wins analyst cheer

By: Martin Creamer     14th February 2017 Diversified mining and marketing company Glencore has bought the remaining 31% stake in Mutanda Mining for $922-million and a further 10.25% stake in Katanga Mining for $38-million from Dan Gertler’s Fleurette Group, the company’s joint venture partner. The all-cash transaction will result in... 

Glencore’s DRC copper top-up wins analyst cheer
Photo by Bloomberg
Glencore CEO Ivan Glasenberg

Road to Las Bambas copper mine clear after Peru protest ends

By: Reuters     13th February 2017 MMG has been transporting copper concentrates from its Las Bambas mine, in Peru, since late on Friday, when residents of a nearby town called off protests that had blocked the road used by the company, a representative of the ombudsman's office said. The five-day protest in Challhuahuacho ended... 

New Bill on way to boost State involvement in mining

By: Martin Creamer     10th February 2017 A new Bill is to be presented to the South African Parliament to strengthen the State’s role in the industry, currently dogged by legislative, regulatory and administrative tensions between government, business and labour. The Mining Company of South Africa Bill will be presented to Cabinet and... 

New Bill on way to boost State involvement in mining
President Jacob Zuma

Call to review charter’s proposed home ownership model

By: Sascha Solomons     10th February 2017 Corporate monitoring organisation Bench Marks Foundation has long proposed that all platinum producers in South Africa, which promote private home ownership in line with the proposed Mining Charter, review this model, says executive director John Capel. He says the organisation’s surveys have... 

Producer does part to fight abuse of children in artisanal mining

     10th February 2017 Natural resources provider Eurasian Resources Group (ERG) has partnered with international foundation Good Shepherd Sisters to fund its Bon Pasteur Alternative Livelihood programme, which aims to help break the cycle of violence and abuse endured by children in artisanal mining communities in the... 

Producer does part to  fight abuse of children  in artisanal mining
Photo by Loes Schalekamp
FIGHTING CHILD LABOUR The Good Shepherd organisation is particularly focused on supporting children who work in artisinal mines and are involved in the worst forms of child labour

US Army Corps of Engineers notifies Congress it will allow DAPL easement

By: Henry Lazenby     8th February 2017 The US Army Corps of Engineers (USACE) has notified Congress that it will allow the Dakota Access Pipeline (DAPL) to move forward. The Justice Department filed court documents stating that the USACE will allow the pipeline to go under Lake Oahe, in North Dakota. The crossing is needed to complete... 

Water scarcity tops list of world miners' worries

By: Reuters     8th February 2017 The world's top mining companies warned on Tuesday that assets will be stranded and investors will walk away unless they deal with water scarcity in key mining regions such as Africa, Australia and Latin America. After the hottest global year on record in 2016, water has shot up the agenda at... 

Unctad calls for fair and transparent mining deals

By: Kim Cloete     7th February 2017 A call has been made for fair, transparent disclosure around extractives in Africa and clear and open rules of engagement between governments and mining companies. United Nations Conference on Trade and Development (Unctad) secretary general Dr Mukhisa Kituyi told delegates at the Investing in... 

Ivanhoe cleared to relocate informal graves near Platreef project

By: Henry Lazenby     3rd February 2017 Africa-focused project developer Ivanhoe Mines' Ivanplats subsidiary has been cleared by a South African court to continue with the relocation of informal graves located in the vicinity of its $1.2-billion Platreef mine development project, in Limpopo province. Justice John Murphy set aside the... 

Amendment Bill in limbo, but processes crucial

By: Sascha Solomons     3rd February 2017 While stakeholders are waiting for the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill to pass into law, it is important to not only comply with the current version of the MPRDA, but also to take into account the proposed amendments, comments Hogan Lovells partner and head... 

Amendment Bill in limbo, but processes crucial
WARREN BEECH Renewed consultation might eliminate some of the concerns on the Mineral and Petroleum Resources Development Act Amendment Bill

Mining Charter ‘merely draft’ – law firm

By: Sascha Solomons     3rd February 2017 Much controversy surrounds the April 2016 publication of the draft reviewed Mining Charter, but law firm Werksmans Attorneys reminds concerned stakeholders that it is still “merely in draft form”. Extensive comments were furnished from various industry stakeholders after the publication of the... 

Mining Charter ‘merely draft’ – law firm
CHRIS STEVENS The real-world implications of the revised charter will be fairly substantial for mining companies if it is published in the form in which it was published for comment in April 2016

Survey reveals improved reporting by mining companies 

By: Ilan Solomons     3rd February 2017 The mining industry has continued to face significant uncertainty, volatility and pressure to contain costs over the past three years. This unpredictable business environment has given rise to a number of reporting trends geared towards providing stakeholders and users of mining companies’... 

Survey reveals improved reporting by  mining companies
Jacques Erasmus discusses the company’s 2016 Mining Reporting Survey and his prediction for the global mining industry in 2017

Mining remains core to defining South Africa’s economy – Manuel 

By: Martin Creamer     2nd February 2017 For the last 150 years, mining has been the driving force of South African industry and economic development. Even though dislike of mining is expressed in various ways, that does not take away from the manner in which mining has shaped South Africa and influenced the interactions of its people. 

Mining remains core to defining South Africa’s economy – Manuel
Photo by Duane Daws
Former Finance Minister Trevor Manuel

Canada, Mexico strengthen mining ties

By: Henry Lazenby     2nd February 2017 Canada’s Natural Resources Minister Jim Carr on Wednesday inked a memorandum of understanding (MoU) with Mexico's Economy Minister Ildefonso Guajardo Villarreal to solidify the countries’ close bilateral relationship. The MoU for the mining sector will cover geoscience, clean innovation and... 

Industry at inflection point as mining tide rises – Deloitte

By: Henry Lazenby     1st February 2017 Companies that are willing to engage in substantive change by rethinking strategy, embracing technological disruption and adopting a long-term view, will be best positioned to succeed and propel the mining industry forward, a new report by professional services firm Deloitte has found. According... 

US Army Corps ordered to expedite work on Dakota Access Pipeline easement

By: Henry Lazenby     1st February 2017 Acting Secretary of the Army Robert Speer has ordered the Army Corps of Engineers (USACE) to proceed with the easement needed to complete the Dakota Access Pipeline. “This will enable [Dakota Access] to complete the project, which can and will be built with the necessary safety features to... 

US Army Corps ordered to expedite work on Dakota Access Pipeline easement

Community co-owns new Amplats chrome recovery joint venture

By: Martin Creamer     1st February 2017 The Baphalane Ba Mantserre community of Limpopo province are the co-owners and co-operators of a new chrome recovery plant that Anglo American Platinum (Amplats) launched at its Amandelbult complex on Wednesday.   The R474-million plant, which produces commercial grade chromite concentrate, was... 

Community co-owns new Amplats chrome recovery joint venture
Photo by Duane Daws
Anglo American Platinum CEO Chris Griffith

New Gold stock tumbles on Rainy River project delay, further capex overrun

By: Henry Lazenby     30th January 2017 The TSX-listed stock of intermediate gold producer New Gold tumbled nearly 26% on Monday after the company announced a three-month start-up delay at its billion-dollar-plus Rainy River project, in Ontario, and a $195-million cost increase. Analysts noted that the Rainy River update increased... 

New Gold stock tumbles on Rainy River project delay, further capex overrun

AME BC reports progress made on key policy issues amid rising commodity tide

By: Henry Lazenby     28th January 2017 Optimism has returned to the junior exploration industry, based on changed market fundamentals and more buoyant commodity prices, the Association for Mineral Exploration British Columbia (AME BC) president and CEO Gavin Dirom tells Mining Weekly Online in an interview. “It’s amazing what... 

AME BC reports progress made on key policy issues amid rising commodity tide
Photo by Henry Lazenby
AME BC chairperson and CEO Gavin Dirom

Court OKs Guatemala civil suit against Tahoe in BC court system

By: Henry Lazenby     27th January 2017 The Court of Appeal for British Columbia on Thursday issued a ruling that civil legal action filed by claimants from Guatemala against dual-listed Tahoe Resources can be heard in the British Columbia court system. Tahoe said it was reviewing the ruling, after which it would decide on whether to... 

Mines need to work ‘smarter to survive’

By: Robyn Wilkinson     27th January 2017 Achieving low-cost operation of a mining project starts with identifying as early as possible a strategy that optimises all the modifying factors that stand between converting a project’s in-the-ground mineral resource into an economically mineable mineral reserve, says consulting engineers and... 

Mines need to work ‘smarter to survive’
ANDREW VAN ZYL Mine development strategies require a shift towards partnerships so that all stakeholders can share the responsibility of the direction of the development

Mining Indaba platform for driving best practice, positive change

By: Robyn Wilkinson     27th January 2017 The Investing in African Mining Indaba is a valuable platform for driving best practice and positive change in the mining industry, providing a forum where governments, companies, investors and civil society can meet and exchange views, says mining organisation International Council on Mining and... 

Mining Indaba platform for driving best practice, positive change
TOM BUTLER Water sustainability will be a key topic of discussion at the 2017 Mining Indaba as access to the resource in some mining areas is becoming increasingly scarce and competitive

Sustainability to be highlighted by EPC services provider

By: Robyn Wilkinson     27th January 2017 Engineering, procurement and construction (EPC) services provider Black & Veatch will meet with new and existing clients at this year’s Investing in African Mining Indaba to explore the ways in which its sustainability-focused solutions can benefit their operations. 

Sustainability to be highlighted by EPC services provider
INTEGRATED ENERGY SOLUTIONS Mines in countries such as Australia, Canada and Chile are incorporating renewable-energy power sources into their electricity supply

Youth programme looks to attract, equip mining graduates

     27th January 2017 Having recognised that the required skills and experiences of graduates entering the sector are changing, event organiser Mining Indaba, working in partnership with advisory firm Brunswick and other companies, has ensured that the 2017 Investing in African Mining Indaba will host its second Young... 

Youth programme  looks to attract, equip mining graduates
SABATINI MOTLOUNG The youth development practitioner attended last year's Young Leaders Career Development Programme

Geoscience BC gets C$10m boost, publishes its largest geophysical survey

By: Henry Lazenby     26th January 2017 The British Columbia government has made C$10-million in funding available over two years to further support its work encouraging mineral, coal, and oil and gas exploration investment in the province, Premier Christy Clark announced this week at the Association for Mineral Exploration’s Roundup... 

Geoscience BC gets C$10m boost, publishes its largest geophysical survey
Photo by Geoscience BC
British Columbia Premier Christy Clark _ Geoscience BC

Trump clears way for Dakota Access, Keystone XL pipelines

By: Henry Lazenby     25th January 2017 Recently installed US President Donald Trump has cleared the way for the contentious Dakota Access Pipeline (DAPL) and TransCanada’s Keystone XL oil pipeline to be built in the US, after signing off on executive orders on Tuesday that overturned the Obama administration’s efforts to block these... 

Trump clears way for Dakota Access, Keystone XL pipelines

Exploration by proxy to feed Goldcorp’s project pipeline

By: Henry Lazenby     24th January 2017 The reserves of the world’s top-producing gold miners have decreased by about one-third over the last five years, a situation that has to be reversed if the industry is to maintain its attractiveness to investors, Goldcorp president and CEO David Garofalo said Monday. Delivering a keynote address... 

Exploration by proxy to feed Goldcorp’s project pipeline
Photo by Bloomberg
Goldcorp president and CEO David Garofalo

Teck seeking infrastructure synergies with Anglo American in Chile

By: Henry Lazenby     24th January 2017 Canada’s largest diversified miner Teck Resources has entered into negotiations with fellow diversified miner Anglo American about the potential of building a shared port, in Chile, where both miners are considering expansions at neighbouring copper mines. Teck is currently mulling an expansion... 

Teck seeking infrastructure synergies with Anglo American in Chile
Photo by Reuters
Teck Resources CEO Don Lindsay

Randgold’s Kibali ends challenging year with strong finish

By: Henry Lazenby     24th January 2017 Despite dealing with certain critical issues in the Democratic Republic of Congo (DRC), gold producer Randgold Resources has kept capital projects at its 45%-owned Kibali mine on track, the company announced Monday. The mine dealt with a tough first half of 2016 with the Kibali plant’s transition... 

Randgold’s Kibali ends challenging year with strong finish
Photo by Duane Daws
Randgold Resources CEO Mark Bristow

Platinum price upturn needed to sustain industry – Lonmin  

By: Martin Creamer     20th January 2017 An upturn in the platinum price is needed for the sustainability of the platinum industry as a whole, Lonmin CEO Ben Magara said on Friday. The head of the large London- and Johannesburg-listed platinum mining company said that although there had been a slight price recovery since November and... 

Platinum price upturn needed to sustain industry – Lonmin
Lonmin CEO Ben Magara points out the unsustainability of the current low platinum price at a media conference covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video: Nicholas Boyd. Video Editing: Lionel da Silva.

Fortune appoints PwC to help secure Nico construction funding

By: Henry Lazenby     19th January 2017 TSX-listed multi-element project developer Fortune Minerals has appointed PricewaterhouseCoopers Corporate Finance (PwCCF) to help secure the C$589-million-plus working capital required to build its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. “As a new... 

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