Legislative Environment News
Flawed design fingered in Mt Polley tailings dam failure
By: Henry Lazenby British Columbia will immediately act on seven critical recommendations of an independent panel that investigated the tailings storage facility (TSF) failure that took place early in August last year at Canadian base metals miner Imperial Metals’ Mount Polley copper/gold mine and launch a code... →
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Coal of Africa shares rise on update
By: Martin Creamer The shares of triple-listed Coal of Africa Limited (CoAL) rose by more than 3% before noon on Friday following the company’s release of a quarterly update, which recorded a series of financial settlements, environmental go-aheads and project advances. CoAL also announced the issuing of... →
David Brown
Incoming Mozambique President reorganises government
By: Keith Campbell In his first action in office, Mozambique’s recently inaugurated President, Filipe Nyusi, has restructured the country’s government. Among other changes, the Ministries of Mineral Resources and of Energy have been merged to create a new Ministry of Energy and Mineral Resources. Similarly, the... →
Junior miners urged to consolidate to enhance survival chances in current environment
By: Anine Vermeulen Junior miners continue to play an increasingly important role in the growth of mining assets through exploration on the African continent and, as emerging producers, constitute an important component of the mineral production chain. However, they face mounting challenges regarding their survival,... →
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Parliament free to decline changes to MPRDA Bill
By: Megan van Wyngaardt Law firm Norton Rose Fulbright South Africa director Lizel Oberholzer says the referral back to the National Assembly of the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, may potentially result in changes, unrelated to the substantive reservations raised by President... →
Treasury unlikely to raise, amend mining taxes in 2015/16 – Deloitte 
By: Natalie Greve Amid a growing appreciation by government of the challenges and impasses constraining the South African mining sector, consulting group Deloitte believes it unlikely that Finance Minister Nhlanhla Nene will, during his 2015/16 National Budget speech next month, introduce new mining taxes or... →
Finance Minister Nhlanhla Nene
Glencore mulls closure of some South African coal operations
By: Martin Creamer Diversified mining major Glencore is considering the closure of some of its coal-mining operations in South Africa, which would reduce its overall South African production by at least five-million saleable tons of coal a year and affect more than 1 000 employees. This announcement by the... →
Ivan Glasenberg
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RoF access route land squabble headed to Court of Appeal
By: Henry Lazenby Prospective Ring of Fire (RoF) miners KWG Resources and Cliffs Natural Resources have been given the green light to take their quarrel over the right of way over an isthmus, narrow strip of land, connecting the remote Northern Ontario mining camp with the outside world to the Court of Appeal for... →
Randgold’s Kibali mine making waves in the DRC
By: Henry Lazenby Africa-focused gold producer Randgold Resources on Tuesday said the Kibali gold mine, in the Democratic Republic of Congo (DRC), was now well advanced into the second and final phase of development that would take it to full production by 2018. LSE- and Nasdaq-listed Randgold was currently... →
Mining boosts world’s poorest regions – ICMM
By: Martin Creamer The global mining industry makes its biggest contribution in the world’s poorest regions, an International Council on Mining & Metals (ICMM) study has found. The study, which became available in published form on Tuesday, finds that mining spurs the growth and development of national economies... →
Anthony Hodge
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Orissa's bid to reopen mines faces legal challenge
By: Ajoy K Das The Indian provincial government of Orissa’s bid to renew mining leases through the auction route has hit a roadblock with courts preventing the government from taking any final decision before the legal challenge is heard. After a preliminary hearing, the Orissa High Court passed an interim... →
All eyes on Saudi Arabia as ups and downs of oil price plunge considered
By: Simon Rees The end months of 2014 were grim ones for major oil-producing states everywhere, especially those in the Middle East. As the region continued grappling with the aftershocks of the Arab Spring and the threat of the Islamic State, they also watched the price of oil swoon. All eyes have turned to... →
Social aspects of MPRDA ‘likely unconstitutional’, Presidency explains
By: Megan van Wyngaardt President Jacob Zuma sent the Mining and Petroleum Resources Development Act (MPRDA) Amendment Bill back to the National Assembly last week, as the Act was “likely unconstitutional” in terms of its social aspects. In a statement made on Monday, the Presidency said that the amended legislation... →
President Jacob Zuma
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Centerra Gold’s Gatsuurt project gains 'strategic important' Mongolian status
By: Henry Lazenby Canadian gold producer Centerra Gold’s Gatsuurt project, 35 km from its operating Boroo mine, in Mongolia, has been designated as a 'mineral deposit of strategic importance' by the Mongolian Parliament. The project milestone paves the way for Centerra to move forward within the country’s Water... →
Award-winning law firm outlines achievements and capabilities
By: Ilan Solomons Owing to recently receiving several accolades, such as the Energy and Natural Resources Team of the Year and the African Law Firm of the Year awards at the 2014 African Legal Awards ceremony, in Johannesburg, in October 2014, law firm Webber Wentzel partner Sipho Methula believes the firm is well... →
Consulting firm to launch industry reports
By: Bruce Montiea Consulting and risk management firm Deloitte will launch three industry reports detailing the state and the future of mining in Africa, and mining trends on the continent at this year’s Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre... →
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Countries seek to ensure increased mineral benefits
By: Ilan Solomons Most Southern African countries are seeking to adopt policies and implement legislative measures in the short to medium term to leverage more economic and social benefits from mineral resources, says business law firm Cliffe Dekker Hofmeyr dispute resolution practice director Jackwell Feris.... →
Early results of flagship report to be announced at Mining Indaba
By: David D‘ Oliveira Multilateral development finance institution the African Development Bank (AfDB) will unveil some of the early results of its flagship report ‘Linking Natural Resources to Human Development Outcomes’, produced in partnership with economic empowerment foundation the Bill & Melinda Gates... →
DEVELOPING AFRICA Mining can potentially contribute significantly to Africa’s economic transition and human development
Jersey Island’s value showcased
By: Ilan Solomons Jersey government-owned organisation Locate Jersey will use the 2015 Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre from February 9 to 12, to promote Jersey to the mining community and raise its stature “as an exciting and credible... →
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Rand, emerging market currencies lift on European Central Bank’s QE
By: Martin Creamer The South African rand along with the Russian rouble, the Brazilian real and the Turkish lira all strengthened against the euro after the European Central Bank (ECB) launched its landmark €60-billion a month bond buying programme, the Financial Times reported late Thursday. The quantitative... →
Taiwan to challenge Canada's antidumping duties on steel at WTO
By: Reuters Taiwan is to challenge antidumping duties imposed by Canada on some of its steel goods at the World Trade Organization, a Taiwanese economics ministry official said on Thursday. Canada slapped duties on some imports of carbon steel welded pipes from Taiwan in 2012 and the move to have a WTO panel... →
SA mine fatality at all-time low, sets positive outlook for 2015
By: Natasha Odendaal South Africa may be gaining traction on its ambitions of “zero harm” within the mining sector, with indications that the number of recorded fatalities in 2014 had reached a record low with the unofficial count at 84. In the run-up to the release, at the end of January, of the latest Department of... →
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India takes another step towards auctioning mineral resources
By: Ajoy K Das In a step towards allocating mineral resources through an auction process, the Indian government has established a committee, entrusting it with the mandate to set parameters of evidence of mineral contents across the country in line with the recently promulgate legal framework. The committee,... →
Record-breaking RBCT targets export of 74m tons of coal in 2015
By: Martin Creamer South Africa’s Richards Bay Coal Terminal (RBCT), which exported an all-time record 71.3-million tons of coal in 2014, is targeting 74-million tons for 2015. RBCT CEO Nosipho Siwisa-Damasane told the media here on Tuesday that last year’s export performance was the best ever for the... →
Nosipho Siwisa-Damasane
MPRDA sent back to National Assembly
By: Megan van Wyngaardt President Jacob Zuma has referred the Mineral And Petroleum Resources Development Act (MPRDA) Amendment Bill back to The National Assembly on Friday. The President was of the view that the Bill, which was passed by Parliament last year and referred to Zuma for assent and signing into law, would... →
President Jacob Zuma
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Ministerial talk of a South African mining champion pleases analyst
By: Martin Creamer Talk of restoring the lost iconic status of the South African mining industry has gladdened the London-based Investec Global Research Team. “We’re glad to see growing political pressure in South Africa to restore the premier status of the mining industry,” the analyst team said in a note on Friday. →
Minerals Minister Ngoako Ramatlhodi
Goa lifts ban on iron-ore mining
By: Ajoy K Das The government of the west Indian coastal province of Goa on Thursday lifted a ban on iron-ore mining in the region. The local government issued an order lifting the ban as the first step towards resumption of mining operations; however, a matching order was required from the federal Ministry of... →
Mining sector will find reward by addressing risk
By: Simon Rees Consider the resource supercycle; it was a once-in-a-generation event driven by China becoming the world’s workshop. The country’s demand for commodities seemed insatiable and pushed many metal and mineral prices to historic highs. The mantra for most mining seniors became “big is beautiful” and... →
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Govt rolls out streamlined licensing processes
By: Sashnee Moodley Government rolled out its One Environmental System to streamline licensing processes for mining, environmental authorisations and water use, in December last year, with the aim to improve the ease of doing business and further enhance South Africa’s global competitiveness as a mining investment... →
Mining sector poised for a bumpy 2015 as legislative uncertainty, other challenges linger
By: Jade Davenport The Chamber of Mines (CoM) is hopeful that labour stability will be achieved this year, as progress is being made in terms of stakeholder engagement, CoM president Mike Teke tells Mining Weekly. He says that the industry is moving forward in terms of engaging and creating an environment in which... →
New tax regime requires revision
The Zambia Chamber of Mines (CoM) reviewed the 2015 national budget in October and its position is that the new mining tax regime is entirely unsustainable, as it will have a negative effect on the growth of Zambia’s mining industry. “Our sincere appeal to government is that the mining industry... →
CONTINUING GROWTH The mining industry needs to be nurtured so that it continues to generate revenues to diversify the economy
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R/€ = 13.15  R/$ = 11.65 Au 1283.66 $/oz  Pt 1240.50 $/oz 
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