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Mine mechanisation linked to local equipment retains jobs – Jourdan

By: Martin Creamer     Updated 5 hours ago Resource development strategist Dr Paul Jourdan this week called for the local manufacture of mechanised mining equipment to neutralise job losses during the switch to machines. The former Mintek president says that even though mechanisation “massively” increases the quality of work in mines and... 

Urgent govt, business cooperation needed to end South Africa’s crisis – Turok

By: Martin Creamer The time had come for government and business to find ways and means of working together to end South Africa’s current economic stagflation crisis, United Nations Commission for Africa (UNCA) mineral value chain lead consultant, anti-apartheid struggle veteran and former African National Congress... 

Urgent govt, business cooperation needed to end South Africa’s crisis – Turok
ANC MP Ben Turok

US bankruptcy judge refuses Molycorp request for loan

By: Reuters Molycorp failed to get approval from a US Bankruptcy judge on Friday to borrow about $44-million at the rare earth producer's first bankruptcy hearing. Judge Christopher Sontchi agreed with the objection by an affiliate of Oaktree Capital Management that Molycorp could not justify its need for... 

Cost-recovery fees on hold ahead of new WA mining reforms

By: Ilan Solomons The introduction of any cost-recovery fees for processing mining, exploration and prospecting applications will be deferred to complement the passage of major reform legislation, set to benefit the industry through simpler, more streamlined approvals, Western Australia Mines and Petroleum... 

Cost-recovery fees on hold ahead of new WA mining reforms
Western Australia Mines and Petroleum Minister Bill Marmion

Mozambique seeks to facilitate miners great and small

By: Keith Campbell Mozambican President Filipe Nyusi has urged the country’s informal miners to organise themselves into associations, to help them overcome the difficulties they face. He was addressing informal miners at Montepuez in Cabo Delgado province in the north of the country. Associations would also reduce... 

Proposed European law to intensify war against conflict minerals

By: Anine Vermeulen If implemented, the proposed European Union (EU) conflict minerals legislation will help make responsible sourcing a natural part of doing business in areas struggling with conflict or instability, nongovernmental organisation Global Witness conflict minerals campaigner Emily Norton says. The... 

Proposed European law to intensify war against conflict minerals

Portfolio committee, unions welcome Aurora judgment

By: Natasha Odendaal Thursday’s court ruling that the directors of Aurora Empowerment Systems were liable for the damages related to the stripping of assets at the liquidated Pamodzi Gold mines was welcomed by trade unions and the Portfolio Committee on Mineral Resources. Following a protracted legal battle spanning... 

WA’s resources sector must embrace innovation – chamber of commerce

By: Ilan Solomons Western Australia must embrace reform and innovation if it is to be a world-leading global mineral and energy resources hub. This is according to the Chamber of Commerce and Industry of Western Australia (CCI), which on Thursday launched ‘The Future of the Resources Sector: A Vision for WA’, a... 

WA’s resources sector must embrace innovation – chamber of commerce
Deidre Willmott

Keaton lays criminal charge over massive coal theft, R56m impaired 

By: Martin Creamer Coal mining company Keaton Energy, which described as “disastrous” its performance in the three months to March 31, confirmed on Wednesday that one criminal charge had already been laid and several others were pending over the alleged theft of R24.7-million worth of coal from its troubled... 

Keaton lays criminal charge over massive coal theft, R56m impaired
Photo by Daune Daws
Mandi Glad

Australian govt assistance to mining industry ‘negligible’ – report

By: Mariaan Webb While manufacturing remains the biggest beneficiary of assistance from the Australian government through budgetary outlays, tax concessions and tariffs, other sectors, including mining, is doing far less well from the taxpayer. The Productivity Commission’s latest Trade and Assistance review,... 

Australian govt assistance to mining industry ‘negligible’ – report

Wescoal commits to black holding company control to qualify for Eskom business

By: Martin Creamer Coal mining and trading company Wescoal, which suffered lower profitability in the three months to March 31 on the drying up of long-term Eskom contracts, has committed to being more than 50% owned by black shareholders before December 2016 to qualify for long-term coal business from the State... 

Wescoal commits to black holding company control to qualify for Eskom business
Photo by Duane Daws
Waheed Sulaiman (left) and Martin Creamer

Queensland resource sector calls for government infrastructure investment revival

By: Natasha Odendaal The global competitiveness of the Queensland resources sector relies on the state and federal governments providing high-quality economic infrastructure ahead of demand; however, with governments stepping back over the past decade, the sector is now calling for a revival of the targeted... 

Amplats’ Rustenburg subsidiary to trim workforce

By: Natasha Odendaal Platinum miner Anglo American Platinum’s (Amplats’) Rustenburg subsidiary plans to shed up to 420 jobs as it “redesigned” the organisational support structure and consolidated its operations to improve its financial sustainability. Rustenburg Platinum Mines (RPM), which on Tuesday issued Section... 

Amplats’ Rustenburg subsidiary to trim workforce

Public comment sought on Mount Polley restart application

By: Henry Lazenby The British Columbia provincial government is seeking public input to help ensure that Imperial Metals has a modern long-term remediation and restoration plan for the ill-fated Mount Polley mine in place by early next year, as the government considers allowing a temporary restart of the... 

Spectre of illegal mining looms over India

By: Ajoy K Das Is illegal mining rearing its head in India again? The concern has moved centre stage following the murder of a journalist in central province of Madhya Pradesh for opposing the mining mafia and moving the courts against illegal mining. 

Indonesia seeks to mend fences with wary investors in resources

By: Reuters Nationalistic policies imposed by Indonesia's previous administration - including a ban on unprocessed mineral exports - threw the resources sector into turmoil last year. Now, there are signs under President Joko Widodo that the government is trying to mend fences with wary investors and entice... 

Sustainability key as gold talks with a difference kick off

By: Martin Creamer The sustainability of South Africa’s hard-pressed gold-mining industry is expected to be at the heart of the industry’s crucial set of wage talks that began in Boksburg on Monday. The five gold-mining companies concerned are expected to ask their 120 000 employees to accept inflation-related... 

Sustainability key as gold talks with a difference kick off
Photo by Daune Daws
Dr Elize Strydom

Chinese miner Zijin approaches Phoenix with cash offer

By: Ilan Solomons Western Australian gold producer Phoenix Gold on Monday confirmed that it had received an unsolicited takeover approach from one of China’s largest mining companies, Zijin Mining Group, which valued the company at about $47-million. Zijin intended to offer $0.10 a share in cash for all the... 

Creditors accept offer for liquidated Botswana copper mine

By: Martin Creamer The offer of compromise for the acquisition of the provisionally liquidated Boseto copper operation in northwest Botswana has been accepted by creditors. The offer for Discovery Copper Botswana, the owner of Boseto, was made by Botswana’s Cupric Canyon Capital, whose subisidiary Khoemacau Copper... 

Creditors accept offer for liquidated Botswana copper mine
Boseto copper mine

CoM approaches High Court for clarity on Mining Charter

By: Creamer Media Reporter The Chamber of Mines (CoM) has approached the High Court for a declaratory order to provide guidance on the principles applicable to the assessment of the ownership element of the Mining Charter, particularly in respect of the continuous consequences of previous black economic-empowerment (BEE)... 

CoM approaches High Court for clarity on Mining Charter
Photo by Duane Daws
Roger Baxter

Angola drives forward with its programme to facilitate the mining sector

By: Keith Campbell Angola intends to make itself an attractive site for mining investors, both foreign and local. Part of this process is a programme to overhaul the country’s Ministry of Geology and Mines. “We want to transfer to the Geology and Mines public service an entrepreneurial, enterprising vision and the... 

Cost management prioritised over cash generation as commodity prices languish in the doldrums

By: Zandile Mavuso Low commodity prices worldwide have resulted in mining operations having to deal with increased pressure in the form of escalating operational costs.  

Cost management prioritised over  cash generation as commodity  prices languish in the doldrums

It’s vital to hire consultants who are enviro experts, understand mining – SRK

By: Zandile Mavuso Following the National Environmental Management Act (Nema) amendment in December last year, mining consulting firm SRK Consulting says it is vital for mining companies in South Africa to deploy consultants who are environmental experts and also have sound technical understanding of mining. 

Stable quarry growth hampered by cost, legislative challenges

By: Mia Breytenbach As a result of the local construction industry’s recovery and government’s multibillion-rand infrastructure projects, the South African quarrying industry is on a steady growth path, says Aggregate and Sand Producers Association of South Africa (Aspasa) director Nico Pienaar, adding that... 

Stable quarry growth hampered by cost, legislative challenges
Photo by Bloomberg
GROWTH EXPECTED As a result of the local construction industry’s recovery and government’s multibillion-rand infrastructure projects, the South African quarrying industry is on a steady growth path

WA committee hands down report on mental health impact of Fifo

By: Ilan Solomons A Western Australia Parliamentary committee on Thursday handed down its report into the mental health impact of fly-in, fly-out (Fifo) work practices in the resources industry, which industry bodies said they would review in detail. The Education and Health Standing Committee’s report, which was... 

WA committee hands down report on mental health impact of Fifo

Federal project supports women in mining

By: Henry Lazenby The federal government of Canada has announced support for a new project to help women advance within the country’s mining industry. Canada's Minister of Labour and Minister of Status of Women Dr K Kellie Leitch said on Wednesday that the Mining Industry Human Resources Council (MiHR) would... 

Internal audit under way at Nevsun as report alleges forced Eritrean labour

By: Henry Lazenby A United Nations (UN) report has implicated Canadian base metals producer Nevsun Mining in using forced labour at its high-grade Bisha copper mine, even as an internal company audit was under way. TSX- and NYSE-listed Nevsun on Wednesday said it was awaiting the results of a follow-up audit on... 

Internal audit under way at Nevsun as report alleges forced Eritrean labour
Photo by Nevsun Resources
Bisha, Eritrea.

Tharisa shares up on platinum/chrome miner’s profitability turnaround

By: Martin Creamer The share price of the JSE-listed Tharisa plc rose strongly in Johannesburg on Wednesday on a turnaround in the profitability of the platinum group metals (PGMs) and chromium concentrates producer. The share price of the Cyprus-domiciled but South Africa-focused company, which increased PGMs... 

Tharisa shares up on platinum/chrome miner’s profitability turnaround
Phoevos Pouroulis

Queensland's position as a favourable mining jurisdiction in jeopardy – QRC

By: Ilan Solomons Queensland risked losing major projects owing to perceptions of its investment attractiveness declining, Queensland Resources Council (QRC) CE Michael Roche said on Wednesday. “Putting to one side the lies being peddled in the UK by nongovernmental environmental advocacy organisation Greenpeace,... 

Queensland's position as a favourable mining jurisdiction in jeopardy – QRC
Queensland Resources Council CE Michael Roche

Glencore sees slight coal undersupply

By: Martin Creamer Mining and marketing giant Glencore sees a slight undersupply of coal on the horizon. Speaking on video to Creamer Media’s senior staff writer Zandile Mavuso at Glencore’s donation of a new R75-million state-of-the-art school to South Africa’s Department of Basic Education, Glencore CEO Ivan... 

Glencore sees slight coal undersupply
Photo by Daune Daws
At Glencore R75-million school donation are (from left) principal AS Mahlangu; Glencore Coal South Africa CEO Clinton Ephron; Glencore CEO Ivan Glasenberg; Basic Education Minister Angie Motshekga, Education MEC Reginah Mhaule, Emalahleni Mayor Salome Sithole, School Governing Body chairperson DP Maimela; District Basic Education Director Jerry Mabena.

Blyvoor community’s water supply to be restored – Ramatlhodi 

By: Megan van Wyngaardt The Merafong municipality was ordered to restore water supply to the Blyvooruitzicht mining community, following an emergency meeting called by Mineral Resources Minister Advocate Ngoako Ramatlhodi to deal with the humanitarian challenges facing the community. Water supply, which was disconnected... 

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