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Legislative Environment
 
LEGISLATIVE ENVIRONMENT

India rules out sovereign guarantees for foreign debt funding

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The Indian government has ruled out providing sovereign guarantees to government-owned companies planning to raise foreign debts to fund overseas oil and mineral asset acquisitions. The government decision has been conveyed by the Finance...
20th June 2013
 
 
PLATINUM

‘Step change’ govt support impresses Amplats CEO

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The support that the South African government was lending to the mining sector represented constructive engagement, Anglo American Platinum (Amplats) CEO Chris Griffith said on Wednesday. Griffith, who hosted a lunch to brief the media, said the...
19th June 2013
 
 
SA MINING

Govt clear on role in normalising mining industry – Gordhan

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The South African government is clear on the role it has to play in normalising the country’s mining industry, Finance Minister Pravin Gordhan said on Wednesday. He said that, in the global context of financial markets losing confidence in the...
19th June 2013
 
 
MINING & THE ENVIRONMENT

Mining groups slam new ‘water trigger’ amendment

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The mining industry has expressed concern over changes to the Environment Protection and Biodiversity Conservation (EPBC) Act, after the Senate on Wednesday passed an amendment to include water resources among the nationally important...
19th June 2013
 
 
LEGISLATIVE ENVIRONMENT

Brazil mine bill proposes doubling top royalty to 4%

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Brazil, a major producer of iron-ore, gold, copper and other metals, unveiled a long-awaited bill to reform its 46-year-old mining code on Tuesday, proposing a doubling of the current top royalty rate and stricter rules for opening new mines....
18th June 2013
 
 
COAL

Minergy outlines large new Botswana coal project

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Exploration company Minergy Limited has outlined a new coal project in the Mmamabula coalfield in Botswana. Executive director Claude de Bruin, who addressed last week’s Botswana Resource Sector Conference in Gaborone, has announced a maiden...
18th June 2013
 
 
CARBON TAX

Carbon tax will not be implemented if not ready – Treasury official

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South Africa’s National Treasury is still aiming to institute a carbon tax on January 1, 2015, but chief director for economic and tax analysis Cecil Morden reports that government will only move ahead should it feel that the tax is ready for...
18th June 2013
 
 
ENVIRONMENT

Peru protesters push to stop $5bn Newmont mine project

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Thousands of opponents of a $5-billion gold project of Newmont Mining circled a lake high in the Andes on Monday, vowing to stop the company from eventually draining it to make way for Peru's most expensive mine. Lake Perol is one of several...
18th June 2013
 
 
 
 
 
 
Legislative Environment Multimedia
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Draft document for sustainable mining agreed... Video
Central African mining governance needs... Video
Flawed legislation stymieing South Africa’s... Video
President Zuma draws the line on wildcat strikes Video
New SA base for tech firm’s mining innovation... Video
South African mineral rights technology taking... Video
Labour trafficking rearing ugly head in SA... Video
National Development Plan fatally flawed,... Video
Motlatsi proposes new migrant labour deal Video
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Tanzania's Jengo wants mine listings... Audio
Canadian miners propose doubling... Audio
Canada's Raitt will prioritise... Audio
South Africa’s State mining company... Audio
No plan for State-owned mining... Audio
Don't impose enviro tax – Chamber Audio
Over 200 mining-related land claims... Audio
Flow-through shares create... Audio