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CSR News

Diamcor reports ‘excellent progress’ at Krone-Endora project

By: Ilan Solomons     18th November 2016 South Africa-focused diamond producer Diamcor Mining continues to make “excellent progress” at its Krone-Endora at Venetia diamond project in Limpopo. The Canadian-headquartered company’s 5 888 ha Krone-Endora project is located directly adjacent to De Beers’ flagship Venetia diamond mine and its... 

Business, labour need to combine as errant DMR turns dictator

By: Martin Creamer     17th November 2016 The point has been made that mining business and labour have never been closer than now and that they need to make use of the current window of opportunity to establish a better foundation between themselves so that they can collectively shame the government into moving mining forward for the... 

Business, labour need to combine as errant DMR turns dictator
Chamber of Mines CEO Roger Baxter

Another Chinese firm pockets Tenke stake as Lundin sells share for $1.14bn

By: Henry Lazenby     15th November 2016 Canadian base metals miner Lundin Mining has agreed to sell its effective 24% stake in the Democratic Republic of Congo-based Tenke Fungurume mine for $1.14-billion to a Chinese private equity firm, the company said in a statement late Monday. Lundin will sell its 30% indirect interest in... 

Another Chinese firm pockets Tenke stake as Lundin sells share for $1.14bn

Hudbay resumes Constancia ops on peaceful brokered resolution

By: Henry Lazenby     11th November 2016 Base metals miner Hudbay Minerals has resumed operations at its Constancia mine, in Peru, after negotiating a peaceful resolution regarding occupation of the openpit area, with support from the Peruvian government, the company reported Friday. The Canadian miner on Tuesday called a halt to... 

Majority of Southern Africans ‘desperately poor’ despite region’s mineral endowment

By: David Oliveira     11th November 2016 Despite its mineral resources, the South African Development Community (SADC) region had the worst health and poverty gap on the planet, Bench Marks Foundation chairperson Dr Jo Seoka said at the foundation’s two-day conference, which was held in Johannesburg last month.   He added that while a... 

Consultancy assists miner in relocation of KZN community

By: Dylan Slater     11th November 2016 Planning for the start of mining at the KwaZulu-Natal-based Zulti South lease area, mineral sands miner Richards Bay Minerals (RBM) has been working closely with mining consultancy SRK Consulting to ensure that its resettlement strategy continues to enhance both the company’s social licence to... 

Consultancy assists miner in relocation  of KZN community
ENVIRONMENTAL IMPACT The role of an experienced resettlement practitioner is integral in providing practical management solutions

Final position on regulations requires greater impetus

By: Victor Moolman     11th November 2016 Although government has shown a willingness to consider the concerns raised by industry regarding the recently promulgated Financial Provisioning Regulations under the National Environmental Management Act (Nema) and softening some of the “hard edges”, greater urgency in establishing a clear... 

Final position on regulations requires greater impetus
MINE ACIDITY The new regulations should help to decrease the acidity of the acid mine water discharge from mines that have been closed

First Quantum rubbishes Zambian arbitration claims

By: Henry Lazenby     10th November 2016 Base metals miner First Quantum Minerals on Wednesday rubbished two claims by Zambia government-owned ZCCM International Holdings (ZCCM), filed days apart, which seek to recover money involved in transactions between First Quantum and certain subsidiaries. ZCCM is a 20% shareholder in the... 

Hudbay calls temporary halt to Constancia ops

By: Henry Lazenby     9th November 2016 Canadian base metals producer HudBay Minerals on Tuesday announced it has temporarily suspended operations at its Constancia mine, in Peru, as a result of trespassers in the openpit area. The TSX- and NYSE-listed miner said the decision was needed to maintain employee safety, as well as that of... 

DMR must be challenged, good governance must be assured

By: Martin Creamer     7th November 2016 Mining has the wealth-generating potential to boost economies, but countries blessed with a mineral endowment must at least do their bit by assuring good governance. Regrettably, against the background of the recently released 'State of Capture' report of former Public Protector Thuli Madonsela,... 

DMR must be challenged, good governance must be assured
Photo by Duane Daws
Former Public Protector Thuli Madonsela

Trumpism doesn’t play in Canada, which just eased takeover rules

By: Bloomberg     4th November 2016 Prime Minister Justin Trudeau, bucking a global trend toward greater protectionism, will loosen foreign takeover rules for more than 50 Canadian publicly traded companies next year, including those in mining, oil and marijuana production. Finance Minister Bill Morneau announced this week Canada... 

Trumpism doesn’t play in Canada, which just eased takeover rules

Randgold earmarks slice of orebody value for mine communities

By: Martin Creamer     4th November 2016 The sustainability activity of gold-mining company Randgold Resources is built on the premise of devoting part of the value of its orebodies to communities around its mines, in a way that aims to elevate the quality of life and leave an ongoing economic legacy after the orebody has been mined... 

Randgold earmarks slice of orebody value for mine communities
Photo by Duane Daws
Randgold Resources CEO Mark Bristow

Coltan processing technology developed for Africa advances

By: Robyn Wilkinson     4th November 2016 Mining and metals company AB Minerals is introducing a new disruptive processing technology, which has been developed to assist African columbite–tantalite (coltan) mining countries with the low-cost production of metallurgical-grade tantalum powder and niobium oxide using an industrial-scale... 

Coltan processing technology  developed for Africa advances
FOCUS ON AFRICA The Great Lakes region is the world’s largest producer of coltan and a key location for AB Minerals' first processing plant

Africa a focus for energy solutions in mining

By: Simone Liedtke     4th November 2016 The global mining industry risks wasting millions of dollars if greater emphasis is not placed on its employing renewable-energy solutions, such as solar photovoltaic (PV) technology and biogas, according to global nonprofit organisation Rocky Mountain Institute-Carbon War Room (RMI-CWR).  

Africa a focus for energy solutions in mining
SUNSHINE FOR MINES Greater emphasis should be placed on employing renewable-energy solutions in the mining industry

Caterpillar to invest $1bn in Africa over next five years

By: Mia Breytenbach     4th November 2016 US mining equipment manufacturer Caterpillar, its independent dealers and the Caterpillar Foundation are to invest $1-billion in business, education and training across Africa over the next five years, chairperson and CEO Doug Oberhelman announced at the US-Africa Business Forum in New York, last... 

Caterpillar to invest $1bn in Africa over next five years
Photo by Duane Daws
EMPOWERING AFRICA Since 2010, Caterpillar has invested about $50-million to support projects in Africa that improve the lives of those living in poverty

Foreign demand still drives African mining

By: Sascha Solomons     4th November 2016 Africa’s mining and quarrying activities continue to be characterised by export-oriented activities and, as a result, the mining sector of this mineral-rich continent is driven primarily by the commodities appetite of the world’s largest economies. “While this is great for mining States in Africa... 

Foreign demand still drives African mining
JACQUES ERASMUS To become globally competitive, emerging economies in Africa are looking to leverage the latest technological advancements

Vedanta-supported mobile clinic screens hundreds for various diseases

By: Dylan Slater     28th October 2016 Northern Cape-based zinc, lead, silver and copper mining operation Black Mountain Mining (BMM) – an operation of diversified natural resources company Vedanta – assisted more than 600 vulnerable people without access to private health care to receive “life saving” early detection of breast,... 

Vedanta-supported mobile clinic screens hundreds for various diseases
RAISING AWARENESS Black Mountain Mining’s PinkDrive mobile clinic assisted more than 600 people without medical aid

Vale Canada fined C$1m for mine fatality

By: Henry Lazenby     26th October 2016 An Ontario provincial court has levied a C$1-million fine – the second-highest ever – against Vale Canada, after one worker died and another was critically injured while attempting to clear a jam in a rock-crushing machine at a plant near Sudbury. Vale Canada pleaded guilty and has been fined an... 

Vale Canada fined C$1m for mine fatality

Mining industry must do more for communities – BMF

By: Anine Kilian     24th October 2016 With mining communities not having reaped the expected benefits that mining companies were meant to provide, the industry has become a difficult subject to discuss in South Africa, despite current levels of interest in the subject being unparalleled since South Africa’s transition to... 

Mining industry must do more for communities – BMF

Largo on track for further quarterly ops improvement as vanadium market turns 

By: Henry Lazenby     23rd October 2016 A string of quarterly performance improvements by Canadian vanadium producer Largo Resources bodes well for third-quarter numbers at the Maracás Menchen mine, in Bahia state, Brazil, to follow the same record-setting trend. “The company is looking to beat previous numbers,” president and CEO Mark... 

Largo on track for further quarterly ops improvement as vanadium market turns
Photo by Henry Lazenby
Vanadium pentoxide at Largo Resources' Maracas Menchen mine, Brazil

Better framework, legislation needed for sustainable CSR initiatives

By: Anine Kilian     20th October 2016 Corporate social responsibility (CSR), especially in the absence of a thorough appreciation of systemic weaknesses and local idiosyncracies, is often not very successful, says University of the Witwatersrand Centre for Sustainability in Mining and Industry director Caroline Digby. Speaking at a... 

Argentina adopts Canada’s sustainable mining initiative

By: Samantha Herbst     20th October 2016 Argentina’s national mining association, Cámara Argentina de Empresarios Mineros (CAEM), has announced that it will adopt Canada’s Towards Sustainable Mining (TSM) initiative, a corporate social responsibility programme developed by the Mining Association of Canada (MAC) to improve environmental... 

Oppenheimer, De Beers polishing diamond tourism's sparkle 

By: Martin Creamer     18th October 2016 The priceless value of diamond properties to South African ecotourism was highlighted on Tuesday when the outcomes of a range of research projects were revealed at the seventh Oppenheimer De Beers Group Research Conference. Delivering a keynote address at the corporate headquarters of De Beers... 

Oppenheimer, De Beers polishing diamond tourism's sparkle
Diamond mining company De Beers outlines the Oppenheimer De Beers Group Research effort to Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd

Possible Tesla flop could hit global EV adoption rate 

By: Henry Lazenby     14th October 2016 Tesla Motors will probably not be able to meet its aggressive production targets and will perhaps experience ramp-up delays in manufacturing the Model 3 electric vehicle (EV), auto analyst Edward Niedermeyer argues, questioning whether the company will still be around in two years. “I’m very... 

Energy metal demand to outpace output in wake of $20bn battery build boom

By: Henry Lazenby     14th October 2016 “The megafactories are coming.” This is the mantra of market analyst, founder and MD of Benchmark Mineral Intelligence Simon Moores, citing research showing more than $20-billion currently committed to creating new, or expanding existing lithium- (Li-) ion battery cell plants.  

Energy metal demand to outpace output in wake of $20bn battery build boom
Photo by Reuters
Lithium-ion batteries being manufactured

CoM speaks out on Fees Must Fall demands 

By: Megan van Wyngaardt     14th October 2016 With South Africa facing a slow growth environment, further taxation demands cannot be placed on the corporate sector to fund universities in aid of free education, Chamber of Mines CEO Roger Baxter said on Friday. Baxter was responding to a letter received from higher education and technical... 

CoM speaks out on Fees Must Fall demands

US Mine Safety and Health Administration declares FY2016 safest year on record

By: Henry Lazenby     12th October 2016 The US federal government has declared fiscal year (FY) 2016 the 12 months that saw the fewest number of mining deaths in recorded history. According to a US Department of Labour Mine Safety and Health Administration (MSHA) report, published Tuesday, the record low 24 deaths, which occurred from... 

New mining money to be made as investment tide turns

By: Henry Lazenby     11th October 2016 There is a noted general perception among the investment community, including private equity firms and high-net-worth individuals, that there is some money to make again in the rebounding mining industry, PearTree Securities president Trent Mell tells Mining Weekly Online. “Following three years... 

New mining money to be made as investment tide turns

Nevsun sidesteps class action; mulls appealing precedent-setting Canadian suits

By: Henry Lazenby     7th October 2016 The British Columbia Supreme Court on Thursday rendered a precedent-setting decision  allowing Eritreans to bring civil action against Nevsun Resources. While the court refused to allow a class-action claim to proceed in court, Nevsun said it would consider appealing a court decision allowing... 

Nevsun sidesteps class action; mulls appealing precedent-setting Canadian suits
Photo by Nevsun Resources
Bisha mine, Eritrea

Mbeya power project slightly delayed by changes in government

By: Simone Liedtke     7th October 2016 Changes in the Tanzanian government have caused minor delays in Tanzania-based minerals exploration and development company Kibo Mining’s memorandum of understanding (MoU) with State-owned power utility Tanzania Electric Supply Company (Tanesco). The MoU involves the supply of power from the... 

Mbeya power project  slightly delayed by  changes in government
PRIORITY PROJECT The Mbeya coal-to-power project is located in the Mtwara corridor in south-west Tanzania, where government has prioritised infrastructure development

New mine plan for New Luika expected in Q1 2017

By: Simone Liedtke     7th October 2016 Low-cost Tanzanian gold producer Shanta Gold has significant growth potential across its assets and expects to release an updated mine plan for its New Luika gold mine in the first quarter of 2017. 

New mine plan for New Luika expected in Q1 2017
LOCAL WORKFORCE Ninety-three per cent of Shanta’s workforce is Tanzanian and about 40% lives in the local villages surrounding the mining sites of its projects

In strategy turnaround, China expected to ramp up REE output to regain pricing control

By: Henry Lazenby     6th October 2016 The Chinese government is expected to ramp up rare earth element (REE) exports in a bid to regain control over pricing policy, according to a new report by market intelligence firm BMI Research. This is expected to be a reversal of the government's previous export-restrictive strategy to control... 

In strategy turnaround, China expected to ramp up REE output to regain pricing control

Ocean Resources in hot pursuit of REE, scandium-enriched deepsea muds

By: Henry Lazenby     5th October 2016 An experienced exploration team is keen to get equipment back out on the water and into the deep sea floor about 5 km below the ocean surface in the offshore Cook Islands exclusive economic zone, to look for rare earth elements (REEs) and scandium. Headed by marine mining veteran Ron Rose, who... 

Fuel cell field trial provides technical data on rural microgrids 

By: Schalk Burger     5th October 2016 A methanol-based fuel cell rural electrification field trial by JSE-listed Anglo American Platinum (Amplats) with support from the departments of Mineral Resources, Energy, Science and Technology and Trade and Industry, Eskom and the Moqhaka Municipality has provided detailed data on the use of... 

Fuel cell field trial provides technical data on rural microgrids
Photo by Duane Daws
Amplats CEO's office: technical assistant Stephen Bullock, Mineral Resources Deputy Minister Godfrey Oliphant, Amplats market development principal Angelin Maharaj and Amplats technical and engineering consultant Clive Seymour

Argentina approves restart of Barrick’s Veladero mine

By: Henry Lazenby     4th October 2016 The world’s largest gold miner by output Barrick Gold has been given permission to restart operations at its Veladero mine – one of its cornerstone mines – in San Juan, Argentina. Operations at the mine were suspended on September 15, a week after falling ice damaged a pipe carrying... 

Argentina approves restart of Barrick’s Veladero mine
Photo by Reuters
Veladero mine, Argentina

Pebble Partnership legal team agrees to cap fees at $1m

By: Henry Lazenby     1st October 2016 The legal team defending the rights of project proponent the Pebble Limited Partnership (PLP) and parent company Northern Dynasty Minerals has agreed to cap fees at $1-million, to the point where motions for summary judgment in the case have been fully argued to the court and are ripe for... 

Cash optimisation, capital access and productivity top EY’s 2016/17 business risks

By: Creamer Media Reporter      30th September 2016 Capital considerations dominate the top three business risks in the mining and metals sector, according to professional services firm EY’s latest ‘Top 10 business risks facing mining and metals 2016-2017’ report. “Much like our global counterparts, Canadian mining and metals companies are facing... 

Cash optimisation, capital access and productivity top EY’s 2016/17 business risks

New explorer Ocean Minerals to look offshore Cook Islands for REEs

By: Henry Lazenby     29th September 2016 Recently formed US-based exploration company Ocean Minerals is heading to the exclusive economic zone of the Cook Islands, in the Southern Pacific, to look for rare earth elements (REEs) and scandium on the deep ocean floor. The Houston, Texas-based company on Wednesday joined the likes of... 

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