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CSR News
Attendees set to return to PDAC 2018 Convention
By: Donald Makhafola 16th February 2018 More than 24 000 attendees, including investors and exhibitors from 130 countries, are expected at industry organisation the Prospectors and Developers Association of Canada's (PDAC's) annual PDAC International Convention, Trade Show and Investors Exchange, in Toronto, Canada, from March 4 to 7.... →
Lengthy permitting process affecting investment in US mining
By: Donald Makhafola 16th February 2018 The lengthy, outdated and burdensome permitting process involving federal, state and local authorities is currently the biggest barrier to new mining investment in the US, says mining-focused US trade organisation the National Mining Association (NMA). Despite having abundant mineral resources,... →
PDAC honours industry leaders
By: Donald Makhafola 16th February 2018 The largest challenge facing the mining industry globally is the disconnect between investors' timeframes and the timeframe to discover and develop mining projects, says exploration and development company NexGen Energy, the winner of nonprofit organisation the Prospectors and Developers... →
RECOGNISING INDUSTRY LEADERS The Prospectors & Developers Association of Canada will salute exceptional industry members at its annual convention
Sound policy, low risk key to attracting mining investment
By: Henry Lazenby 16th February 2018 The global equity markets have been extremely volatile in recent weeks, extending a frantic selloff in US stocks that culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... →
Tahoe burnishes CSR profile in undertaking to develop indigenous peoples policy
By: Henry Lazenby 14th February 2018 Embattled Canadian miner Tahoe Resources has given itself until the end of the year to formalise a comprehensive new indigenous peoples policy as it deals with community protests in Guatemala, that has shuttered operations at its flagship Escobal silver mine for months. The policy is aimed at... →
Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules
By: Henry Lazenby 9th February 2018 Ottawa on Thursday tabled new legislation to improve the federal environmental assessment process for mining projects. The legislation is aimed at strengthening and restoring the credibility of Canada's environmental laws. →
Platforms for mines ‘to talk to communities as partners, not beneficiaries’, lacking – consultant
By: Nadine James 9th February 2018 Although prevailing perception between mines and communities are characterised by growing levels of mistrust, South Africa has seen breakthroughs with mining companies establishing community partnerships, says SRK Consulting’s corporate social responsibility and development consultant Tim Hart.... →
Institute emphasises empowerment alternative
By: Tasneem Bulbulia 2nd February 2018 Government’s predilection for black economic empowerment (BEE) policies, which will be intensified should the new Mining Charter be implemented, will never achieve proper empowerment and transformation in the mining industry, posits research and policy organisation South African Institute of Race... →
ALTERNATIVE POLICY An Economic Empowerment for the Disadvantaged policy would assist South Africans currently hampered by poor schooling, bad housing and a failing healthcare system
Aligning business, stakeholder expectations a lingering challenge
By: Nadine James 2nd February 2018 There is renewed impetus for the private sector to contribute to societal sustainable development and demonstrate impact, especially against the United Nations’ Sustainable Development Goals. However, aligning business and stakeholder expectations to create shared value remains a challenge, says... →
Stakeholders can look forward to reinforced offering
26th January 2018 With countless networking opportunities vying for the attention of the numerous decision-makers flocking to Cape Town in February to attend the annual Investing in African Mining Indaba, the event’s organiser has reinforced its offering with the introduction of a Junior Mining Showcase as well as... →
Achieve sustainability through long-term budgets, risk assessments on health
By: Marleny Arnoldi 26th January 2018 For operational sustainability in the mining industry, mining decisionmakers need to take a proactive approach to protect and promote worker health, supporting productivity and to reduce legal liabilities associated with occupational disease. All of these could have significant direct and... →
Exploration unit set to be launched at Indaba
By: Marleny Arnoldi 26th January 2018 Firm of consulting engineers and scientists SRK Consulting (South Africa) will launch its specialised unit, SRK Exploration Services, in Southern Africa at the Investing in African Mining Indaba, which will be held from February 5 to 8 at the Cape Town International Convention Centre. →
MARCIN WERTZ Miners and explorers need to move decisively in terms of initiating new ventures and optimising current projects
Tailings retreatment company to emphasise value of its plants
By: Marleny Arnoldi 26th January 2018 Although tailings retreatment has been practised for 16 years in South Africa, it is still relatively new; it is not mines’ core business and, therefore, they require convincing with regard to the profitability of installing a plant at the back-end of their operations, says platinum group metals... →
ERICA LAUBSCHER, TANIA PIENAAR & DAVE BAIGENT One of Tailtech’s strengths lies in its ability to run its plants located at large mining operations at a gross profit of up to 95% during some months
Resilient Lonmin delivers sturdy output, extracts cash from tailings
By: Martin Creamer 22nd January 2018 Embattled but resilient platinum company Lonmin, which is enthusiastically embracing the Sibanye-Stillwater’s offer made to it, did all its stakeholders proud in the fatality-free first quarter of its new financial year by putting in a sturdy operational performance that saw sales rise 9%,... →
Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives
By: Henry Lazenby 22nd January 2018 Government policy advocacy and fostering genuine fact-based conversations among all stakeholders in the minerals exploration and mining industries are main priorities for the Association for Mineral Exploration British Columbia (AME BC) this year. "Government is increasingly getting more... →
AME BC President & CEO Edie Thome
Environment watchdog orders Barrick to close Chilean side of giant Pascua-Lama project
By: Henry Lazenby 19th January 2018 Chile's superintendent of the environment has ordered mining major Barrick Gold to close the Chilean side of the massive, but stalled Pascua-Lama gold/silver project straddling the border between Argentina and Chile. The Superintendencia del Medio Ambiente (SMA) announced a revised sanction on... →
Up to ten midtier mineral deposits can still be discovered in South Africa – resources consultant
By: Mia Breytenbach 19th January 2018 There is no reason why South Africa cannot build an exploration and junior mining sector, says resources consultant Dr John Bristow, who notes that while the country has vestiges of this sector, it is hampered by regulatory policy, and a preoccupation with a “Sunset” mining industry. Speaking at... →
DR JOHN BRISTOW South Africa’s geological and minerals jewel box remains underexplored
Canadian miners welcome new federal business ethics ombudsman
By: Henry Lazenby 18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... →
Glencore reserves should be valued higher – analysts
By: Martin Creamer 15th January 2018 Investors should be prepared to value the reserves of metal that Glencore owns more highly to reward the proactive approach that the London- and Johannesburg-listed diversified mining company has towards managing its assets. Reflecting on the decision of Glencore to pull metal from the market... →
Glencore CEO Ivan Glasenberg
Smarter mining, manufacture, agriculture needed, says IDC’s Maia 
By: Martin Creamer 12th January 2018 South Africa needs to aim towards smarter mining, smarter agriculture and smarter manufacturing. “It’s about taking all the major sectors of the economy forward, with each feeding on the other,” says Industrial Development Corporation (IDC) research and information head Jorge Maia of the roles... →
Rio Tinto receives offer for aluminium smelter
By: Martin Creamer 10th January 2018 Diversified mining company Rio Tinto has received a binding offer from Liberty House to acquire Rio Tinto’s Aluminium Dunkerque smelter in northern France for $500-million. In accordance with French law, the London-listed company will launch a consultation process with employees, relevant... →
IEB achieves 98.76% matric pass rate
By: African News Agency 3rd January 2018 The Independent Examination Board (IEB) has announced an increase in the pass rate in last year’s National Senior Certificate (NSC) matric examinations to 98.76%, from 98.67% in 2016. There were 11 464 full-time and 666 part-time candidates across South Africa. This is also an increase from 2016... →
Two miners die at Golden Star’s Prestea mine, Ghana
By: Henry Lazenby 3rd January 2018 The TSX-listed equity of Africa-focused miner Golden Star Resources shed as much as 10% on Tuesday, following a company announcement that two miners have died on December 29 at its Prestea Underground mine, in Ghana. The Toronto-headquartered company, which also has listings on the Ghana Stock... →
Retrenched Gupta mine employees fail to receive pay
By: Martin Creamer 22nd December 2017 Forty-four people retrenched from the Shiva Uranium Mine in North West belonging to the Gupta company Oakbay have failed to receive expected December pay that formed part of an agreed retrenchment package, Democratic Alliance (DA) councillor Maritha Coetzee told Mining Weekly Online on Friday.... →
Northern Dynasty ready to file application for Pebble’s US CWA 404 permit
By: Henry Lazenby 21st December 2017 Canadian project promoter Northern Dynasty Minerals announced on Thursday that its US-based subsidiary Pebble Limited Partnership (PLP) is ready to file an application for a US Clean Water Act (CWA) 404 permit with the US Army Corps of Engineers on Friday. “At the outset of 2017, we established... →
Philippines miners adopt Canadian mining sustainability principles
By: Henry Lazenby 20th December 2017 The Chamber of Mines of the Philippines (COMP) has announced that it will adopt a mining sustainability standard developed by the Mining Association of Canada, called the Towards Sustainable Mining (TSM) initiative. The announcement made the Philippines the first Southeast Asian nation to adopt... →
Rio recalibrating understanding of Africa, working on Africa strategy
By: Martin Creamer 19th December 2017 Diversified mining company Rio Tinto is recalibrating its understanding of Africa and working on an Africa strategy that is scheduled to be presented to the company’s executive committee next year. The company, which has the Rössing Uranium Mine in Namibia, Richards Bay Minerals (RBM) in South... →
AMCU laments ‘lack of consultation’ over Sibanye-Stillwater’s acquisition of Lonmin 
By: Dylan Slater 15th December 2017 Trade union, the Association of Mineworkers and Construction Union (AMCU) has taken issue with the proposed all-share buyout of platinum miner Lonmin by Sibanye-Stillwater →
Fast-paced developments at Prieska benefit all stakeholders
By: Robyn Wilkinson 15th December 2017 Australian minerals explorer Orion Minerals’ activity at the Prieska zinc/copper mine present an “unparalleled” value creation opportunity for investors and shareholders while promoting and supporting critical socioeconomic development in the Northern Cape, says Orion Minerals MD Errol Smart. →
Diamonds body calls for ‘productive dialogue’ on Kimberley Process reform
By: Mia Breytenbach 15th December 2017 The World Diamond Council (WDC) has called for an open discussion about the Kimberley Process (KP) reform, highlighting three key areas in need of reform to ensure its continued success. These include broadening the scope of the KP as the debate on the expansion of the definition of conflict... →
EVOLUTION NEED Much remains to be done to evolve the efficiency of decision-making within the Kimberley Process
Small- and medium-scale operations punted as ‘the future’ of mining
By: Mia Breytenbach 15th December 2017 With industrial mining on the decline, smaller- to medium-scale mining operations are the future, according to Bench Marks Foundation South Africa lead researcher David van Wyk. Addressing delegates at the Science Business Society Dialogue Conference on Linking Science, Society, Business and... →
Crucial for commodity countries to build economic resilience – Unctad
By: Martin Creamer 11th December 2017 Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and... →
Cyril Ramaphosa calls for mining sector action
By: Martin Creamer 11th December 2017 South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... →
Deputy President Cyril Ramaphosa
Environmental permit bodes well for project financing
8th December 2017 Iron-ore explorer and developer Zanaga Iron Ore Company (ZIOC) expects the environmental permit for its iron-ore project from the Republic of Congo’s ministry of environment to help attract finance to enable the valuable resource to be brought into production. A joint venture with natural... →
South Africa urged to go back to basics to avoid mining’s demise
By: Mia Breytenbach 8th December 2017 For South Africa's mining industry to return to more successful times, the country will need to go back to basics, says Wits Mining Institute director Professor Fred Cawood, who also suggests that these basics could aid in sidestepping the demise of the mining industry in South Africa. These... →
Harmony Gold spells out value of Moab investment
By: Martin Creamer 6th December 2017 The acquisition of the Moab Khotsong gold mine represents a significant list of advantages for Harmony Gold, the company outlined in an investor brief on Wednesday. The Johannesburg Stock Exchange-listed gold mining company calculates that inclusion of the Moab Khotsong operations the company... →
Harmony Gold CEO Peter Steenkamp
Change or lose another 100 000 mining jobs – Cutifani
By: Martin Creamer 4th December 2017 Without change, the South African mining industry would lose another 100 000 jobs, said Anglo American CEO Mark Cutifani, who six years ago accurately predicted the recent 100 000 job demise in South African mining. “I'll say it again, absent of change, we’ll lose another 100 000 jobs,” the... →
Anglo American CEO Mark Cutifani
Cobalt’s dramatic demand bump gives rise to novel investment vehicle
By: Henry Lazenby 1st December 2017 Cobalt supply constraints, coupled with a never-before-seen boom in the adoption rate of electric vehicles (EV) across the globe, have conspired to create an ideal market in which a pure-play cobalt investment and participation vehicle's profits can outpace its peers. Cobalt, a critical ‘energy... →
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