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Eldorado, miners take legal action over Greek project

By: Reuters Canada's Eldorado Gold and workers at its disputed gold mine project in northern Greece filed a new legal complaint on Friday to overturn a government decision which led to its activities being halted, court officials said. Eldorado's complaint at one of Greece's top courts came after Prime... 

TAC, Sonke admitted as friends of court in silicosis case

By: Natasha Odendaal The Treatment Action Campaign (TAC) and Sonke Gender Justice have been given the green light to present evidence against gold mining companies in a potential class action suit by hundreds of thousands of miners who contracted silicosis and tuberculosis (TB) in their line of work. The South... 

Charter noncompliance impacts on living conditions

The Department of Mineral Resources’ (DMR’s) report on compliance with the Mining Charter shows that the drive to improve the living standards of mineworkers has not been fully realised, says independent nongovernmental organisation the Bench Marks Foundation lead researcher David van Wyk,... 

Charter noncompliance impacts on  living conditions
Photo by Duane Daws
IMPROVED HOUSING STANDARD A compliance report on the Mining Charter shows that the drive to improve the living standards of mineworkers has not been fully realised

Mining company slapped with R1.4m fine, suspended fines for river pollution

By: Ilan Solomons Phalaborwa-based mining company Bosveld Phosphates was charged at the Regional Court for the Regional Division of Limpopo for unlawfully and intentionally or negligently causing the discharge of hazardous wastewater from its tailings facilities between December 2013 and March 2014, into the... 

Mining company slapped with R1.4m fine,  suspended fines for river pollution
PAYING THE PRICE Bosveld Phosphates received a R1.4-million fine and an additional suspended fine of R1.1-million after admitting to the charges of polluting the river systems

New US law a boost for space exploration aspirations

By: Henry Lazenby The US House of Representatives took a firm pro stance in the advance to commercial space exploration when it passed the Space Resources Exploration and Utilisation Act of 2015 (SPACE Act) in May, providing an opportunity for companies to get off the ground and embrace a new era of space... 

New US law a boost for space exploration aspirations

Mines pension funds gain traction on tracing, but shoddy record-keeping hampers progress

By: Natasha Odendaal The Mines 1970 Unclaimed Benefits Preservation Pension and Provident Funds this week said it had achieved a double-digit improvement in its own tracing rate of beneficiaries of unclaimed benefits. However, historical poor record-keeping during the 1970s and 1980s by the mining industry had... 

South32 sees opportunity to work with Eskom on further coal supply

By: Martin Creamer New diversified mining company South32, which on Monday reported 56%-higher underlying earnings of $1-billion, sees an opportunity to work with Eskom on additional coal supply.   The demerged BHP Billiton entity, which is fast-tracking the implementation of its regional operating model in South... 

South32 sees opportunity to work with Eskom on further coal supply
Photo by Duane Daws
Graham Kerr

Lonmin affirms Farlam report

Platinum miner Lonmin has given the Farlam Commission of Enquiry’s report into the August 2012 events at Marikana, in the North West, its detailed consideration and has taken full account of the recommendations applicable to the company, Lonmin said. 

Solidarity wants to shift to direct employer–union talks in coal wage negotiations

By: Natasha Odendaal As a dispute between the Chamber of Mines (CoM) and trade union Solidarity unfolds within the gold wage negotiations that are under way, the trade union on Thursday said it wanted to negotiate the coal wage agreement directly with the coal producers. Following Solidarity’s claims on Wednesday of... 

Perplexed Eldorado threatens legal action against Greek permit suspension

By: Henry Lazenby Multinational miner Eldorado Gold has threatened legal action against the Greek government’s suspension of its Skouries and Olympias gold project development permits, in Halkidiki, northern Greece. "We are most disappointed and perplexed by this entirely inappropriate decision of the Ministry,... 

Greece halts activity at Canadian-run gold mine

By: Reuters Greece has suspended the mining operations of Canada's Eldorado Gold, in northern Greece, saying the company violated contract terms, in a setback to one of the top foreign investment projects in the country. The $1-billion project is considered a test case for Greece's ability to attract... 

Greece halts activity at Canadian-run gold mine

Important that Optimum Coal issue is resolved – Glencore

By: Martin Creamer It was important that the Optimum Coal issue was resolved well so that the coal-mining company could become operational once more, Glencore CEO Ivan Glasenberg said on Wednesday. Responding to media questions after the mining and marketing company’s presentation of half-year (H1) results,... 

Important that Optimum Coal issue is resolved – Glencore
Photo by Creamer Media
Ivan Glasenberg greeting pupils at the R75-million school Glencore built in the Mpumalanga coalfields

EPBC Act reform aimed at halting greens’ vigilante litigation

By: Esmarie Swanepoel The Australian resources sector has welcomed the federal government’s decision to amend a loophole in the Environment Protection and Biodiversity Conservation (EPBC) Act, allowing radical greens activists to engage in vigilante litigation to stop significant economic projects. Attorney-General... 

EPBC Act reform aimed at halting greens’ vigilante litigation

Challenge to set aside mining charters

By: RDM News Wire In a fresh challenge to SA’s mining regime‚ lawyer Hulme Scholes and his firm have gone to court to set aside the Mining Charters of 2004 and 2010‚ arguing that they are unconstitutional‚ vague and contradictory‚ allowing for abuse by the mineral resources minister and officials‚ Business Day... 

Challenge to set aside mining charters
Photo by Duane Daws
Malan Scholes director Hulme Scholes

AngloGold harvesting short-life mines

By: Martin Creamer AngloGold Ashanti is harvesting short-life gold mines for cash and will do so with more mines if the gold price falls below $1 000/oz, CEO Srinivasan (Venkat) Venkatakrishnan said on Monday. “As an industry, we’re going through pretty rough times but the rougher it gets, the more our... 

AngloGold harvesting short-life mines
Photo by Duane Daws
Srinivasan (Venkat) Venkatakrishnan (right) and Martin Creamer

World Gold Council optimistic on H2 gold demand

By: Martin Creamer The World Gold Council is optimistic that there will be an increase in demand for physical gold in the second half (H2) of this year, when it expects a seasonal demand increase in India and gold’s lower price to feed through into stronger consumer demand. Against the background of second quarter... 

World Gold Council optimistic on H2 gold demand
Photo by Bloomberg
Gold bars

Greek court decisions allow Eldorado to accelerate Skouries construction

By: Henry Lazenby Multinational miner Eldorado Gold has received two favourable court decisions in Greece, allowing it to accelerate construction activities at the Skouries gold/copper project, in Halkidiki, in northern Greece. Construction of the project came to a halt in March, when the then newly elected Greek... 

Greek court decisions allow Eldorado to accelerate Skouries construction
Photo by Eldorado Gold
Skouries, Greece.

Tax committee not in favour of mining tax overhaul

By: Natasha Odendaal The Davis Tax Committee’s (DTC’s) first interim report on mining tax has come out against a full overhaul of the current tax regime imposed on mining companies. The report, released on Thursday for a second round of public comment, showed the DTC mining subcommittee disagreeing with many of the... 

Tax committee not in favour of mining tax overhaul
Photo by Duane Daws
Dennis Davis

Mining Phakisa can help unlock mining, exploration investment – Chamber

By: Terence Creamer The Chamber of Mines (CoM) has expressed optimism that the upcoming Mining Phakisa Laboratory, scheduled for October, will enable South African mining stakeholders to begin tackling prevailing impediments to mining and exploration investment and address issues undermining the competitiveness of... 

Mining Phakisa can help unlock mining, exploration investment – Chamber
Photo by Duane Daws
President Jacob Zuma

Black-owned Exxaro commits to fresh BEE in rejigged coal deal

By: Martin Creamer Black-owned mining company Exxaro, which has succeeded in negotiating a $210-million cut in the purchase price of Total Coal South Africa, continues to be statutorily obliged to find a black economic-empowerment (BEE) partner as a government condition for the transfer of ownership to it. While it... 

Black-owned Exxaro commits to fresh BEE in rejigged coal deal
Photo by Duane Daws
Sipho Nkosi

Accident reports on workers must be disclosed – court

By: News24Wire Eighteen years ago, 15 workers at the Sasol Secunda plant were burned to death in what was described at the time as a "catastrophic fire". What caused the blaze that killed them, how did they die and could they have been saved? These were questions the next of kin and their union wanted to know... 

Accident reports on workers must be disclosed – court

Looming cobalt market deficit to spur investment interest 

By: Henry Lazenby Cobalt has undergone somewhat of a transformation over the past five years, in step with the new emerging applications in the booming battery business that have driven a three-fold demand increase. Despite being a smaller industry than its battery raw material counterparts – roughly half the size... 

Looming cobalt market deficit to spur investment interest
Photo by Bloomberg
Balls of metal ore sit in a collection drum before loading into a furnace during processing at Katanga Mining's copper and cobalt mine in Kolwezi, Katanga province, Democratic Republic of Congo.

Optimum Coal suspension lifted 

By: Martin Creamer Diversified mining major Glencore on Friday confirmed that South Africa’s Department of Mineral Resources (DMR) had lifted the suspension on Optimum Coal Mine’s right to mine. The DMR imposed the suspension on the Glencore subsidiary on Monday under Section 93(b) of the Mineral and Petroleum... 

Optimum Coal suspension lifted
Photo by Duane Daws
Mineral Resources Minister Ngoako Ramatlhodi

Aus union condemns Fifo inquiry rejection

The Australian federal government has “washed its hands of regional Australia” by rejecting most of the recommendations of a parliamentary inquiry led by former independent MP Tony Windsor into fly-in, fly-out (Fifo) mining employment, Australia’s Construction, Forestry, Mining and Energy Union... 

Automation does not mean loss of jobs – manufacturer

While technology is shifting the way businesses operate, a move towards automation does not have to come at the cost of jobs, says Australian mining and resources sector-focused manufacturer Keech CEO Dr Herbert Hermens. “Some businesses are failing to see the opportunity that automation brings –... 

Sibanye Gold upbeat on high-value surface project

By: Martin Creamer Gold mining company Sibanye Gold on Wednesday expressed excitement about the outcome of a feasibility study that pointed to a lucrative potential go-ahead for its huge gold tailings retreatment project on South Africa’s West Rand. “It’s a beaut,” Sibanye CEO Neal Froneman said of the West Rand... 

Sibanye Gold upbeat on high-value surface project
Photo by Duane Daws
Neal Froneman

Mining Minister says Glencore has alternatives to retrenchment 

By: Megan van Wyngaardt Mineral Resources Minister Ngoako Ramatlhodi says international mining giant Glencore should have looked at alternatives to retrenchments, including shifting workers to vacancies in other operations, before considering the potential retrenchment of about 1 000 workers. The Department of Mineral... 

Mining Minister says Glencore has alternatives to retrenchment
Photo by Duane Daws
Mineral Resources Minister Ngoako Ramathlodi

Industry welcomes workplace reform suggestions

By: Esmarie Swanepoel The Australian resources sector has welcomed the release of the Productivity Commission’s (PC’s) draft report on Australia’s workplace relations, with the Minerals Council calling for greater debate. The draft report identified a number of deficiencies in the current regime, suggesting reforms of... 

US states, industry lash out at final Obama climate rules

By: Henry Lazenby Several coal-producing US states and the private sector have lashed out at President Barack Obama and the US Environmental Protection Agency’s (EPA’s) first-ever Clean Power Plan Rule that was finalised on Monday, aiming to cut carbon pollution from existing power plants and dealing the domestic... 

US states, industry lash out at final Obama climate rules

Optimum mine right suspended, penalties may force R1/t coal supply 

By: Martin Creamer Financially stricken Optimum Coal has been hit by a double whammy – huge potential penalty claims from State electricity utility Eskom plus a suspension of its mining licence by the Department of Mineral Resources (DMR) for alleged inhumane retrenchment. In the face of these latest setbacks,... 

Optimum mine right suspended, penalties may force R1/t coal supply
Photo by Duane Daws
Clinton Ephron

Gabriel still committed to Roşia Montană despite arbitration

By: Tracy Hancock TSX-listed Gabriel Resources remained committed to the construction and operation of a world-class mine at Roşia Montană, in Romania, noted Gabriel president and CEO Jonathan Henry on Monday. The Canadian resource company, which had been focused on permitting and developing the gold and silver... 

Optimum Coal heads for business rescue as Eskom plays hardball 

By: Martin Creamer Business rescue proceedings are to begin at both Optimum Coal Holdings and Optimum Coal Mine after attempts to renegotiate a 22-year-old lossmaking supply agreement with Eskom ended in the State electricity utility asserting its rights to past and future penalty claims. The penalties sought... 

Optimum Coal heads for business rescue as Eskom plays hardball
Coal mine into business rescue

Clear policy guidelines will eliminate confusion between artisanal and illegal mining

By: Zandile Mavuso While the Department of Mineral Resources (DMR) states that artisanal and small-scale mining (ASM) plays a fundamental role in the South African economy, as it addresses poverty and creates jobs for rural communities, in most cases, the artisanal mining aspect of ASM has been labelled as illegal. 

Clear policy guidelines will eliminate confusion between artisanal and illegal mining

Phakisa mining lab gets Cabinet nod

By: Natasha Odendaal Plans to set up the first four-week Operation Phakisa ‘mining laboratory’ to identify and resolve the challenges plaguing South Africa’s mining sector have been given the Cabinet go-ahead. The Operation Phakisa mining lab, which would get under way in October, would identify a “set of concrete... 

Phakisa mining lab gets Cabinet nod

Guidelines needed to eliminate confusion between artisanal, illegal mining

By: Creamer Media Reporter Creamer Media's Leandi Kolver speaks to senior staff writer Zandile Mavuso about the clear policy guidelines that are needed to eliminate the confusion between artisanal and illegal mining. 

Guidelines needed to eliminate confusion between artisanal, illegal mining

Centerra Gold makes progress in diversifying asset base, reports strong Q2 performance

By: Henry Lazenby Canadian miner Centerra Gold has completed a positive feasibility study on its fully owned Öksüt project, in south-central Turkey, with first gold production slated for early in the second quarter of 2017. The feasibility study's base-case scenario estimated that the project would have an... 

DA calls on government to promote certainty for distressed mining industry 

By: Natasha Odendaal As sectors of South Africa’s mining industry “circle the drain”, the Democratic Alliance (DA) has called on government to take certain actions to resolve issues weighing on mining in South Africa and save the industry. DA Mineral Resources Shadow Minister James Lorimer on Monday said that, amid... 

DA calls on government to promote certainty for distressed mining industry

Kenya to develop mining-sector masterplan in bid to restore investor confidence

By: John Muchira The government of Kenya is hoping to win back the confidence of foreign investors in the mining sector after contracting an independent consultant to develop a comprehensive masterplan. It has tasked global consultancy firm McKinsey & Co with designing a 20-year plan that will guide the... 

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