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Referral of BEE ownership dispute to High Court a sensible decision, says lawyer

By: Ilan Solomons The referral to the High Court for a declarator by the Department of Mineral Resources (DMR) and the mining industry to clarify the Mining Charter’s position regarding the requirement of 26% black ownership of mining companies is a “sensible and mature approach”, says international law firm Hogan... 

Barrick will not suspend copper mine as Zambia backs down on royalties

By: Reuters Barrick Gold Corp, the world's biggest gold producer, said on Thursday it will not suspend operations at its Lumwana open-pit copper mine in Zambia now that the country's government has reduced mining royalties. Zambia's cabinet set the royalty tax rate for open-pit and underground mining at 9%... 

Skills dearth retarding mechanised mining success – Gold Fields 

By: Martin Creamer Plans being fleshed out by South Africa’s Chamber of Mines (CoM) in liaison with government for a centre of excellence were poised to take mechanised mining to the next level, Gold Fields CEO Nick Holland said on Tuesday. But in the meantime, the going continued to be tough in the mechanised... 

Skills dearth retarding mechanised mining success – Gold Fields
Photo by Duane Daws
Nick Holland

Black-owned Merafe reports upped ferrochrome output from venture with Glencore

By: Martin Creamer The black-owned and black-managed ferrochrome company Merafe said on Wednesday that its chrome venture with Glencore had lifted production by 15% in the three months to March 31. The company, headed by CEO Zanele Matlala, saw its share price rise by 1.32% to 77c a share in early morning trades. 

Black-owned Merafe reports upped ferrochrome output from venture with Glencore
Photo by Duane Daws
Zanele Matlala

Canada’s mining industry welcomes federal budget 

By: Henry Lazenby Canada's national mining association has welcomed the Conservative government’s balanced federal budget 2015, citing its pleasure with renewed funding for critical areas such as environmental assessments, the Major Projects Management Office, Aboriginal education and training, and geoscience.... 

Canada’s mining industry welcomes federal budget
Photo by Reuters
Canada's Finance Minister Joe Oliver on Tuesday tabled a C$990.3-billion balanced budget.

New dust buster initiative sounds potential death knell for silicosis scourge

By: Martin Creamer A spectacular new dust control system announced at a Chamber of Mines (CoM) of South Africa conference on Monday is described as the closest the industry has come to a silver bullet to put an end to the curse of silicosis and other lung diseases that have plagued the South African mining industry... 

New dust buster initiative sounds potential death knell for silicosis scourge
Photo by Duane Daws
Terence Goodlace

Illegal mining costing South Africa R2bn a year

By: Zandile Mavuso There is a strong link between legally and illegally mined gold as the two come to convergence between level three and level five of the commodity value chain, says African Centre for Migration & Society PhD candidate Janet Munakamwe. 

Mozambique plans more infrastructure to benefit coal miners and others

By: Keith Campbell The Mozambican government has confirmed its plan to construct a new port and railway for the export of coal from the Moatize coal basin in the inland Tete province. This was done by Prime Minister Carlos Agostinho do Rosario when he presented the government’s programme for the five years... 

New system streamlines granting of licences, slashing lead times

By: Ilan Solomons The One Environmental Management System for granting prospecting and mining rights materialised as a result of the Department of Mineral Resources’ (DMR’s) strategy of ensuring sustainable growth and competitiveness in the local mining industry, says DMR mine environmental management deputy... 

New system streamlines granting of licences,  slashing lead times
CLEAR TIMEFRAMES The issuing of permits, licences and authorisations must be completed within 300 days for mining rights and within 197 days for prospecting rights

Small-scale mining has key role in community upliftment, job creation and poverty alleviation

By: Zandile Mavuso There is a need for policy to be revised to cater for small-scale mining in South Africa as the Department of Mineral Resources (DMR) identifies it as a sector that contributes to economic growth, states law firm Legal Resources Centre regional director Naseema Fakir. 

Chile eyes new environment rules to spur investment

By: Reuters Chile will move to make changes to its environmental regulations to reduce uncertainty and encourage investment, President Michelle Bachelet announced on Wednesday. Center-left Bachelet said she has appointed a commission to work over the next nine months to come up with a new environmental... 

Canada-India uranium tensions thaw as Cameco strikes export deal

By: Henry Lazenby Canada on Wednesday unveiled a C$350-million deal to supply more than seven-million pounds of uranium concentrate to India, signalling a new era for the two countries’ bilateral relations. Canadian uranium producer Cameco announced that it had inked a supply agreement with the Department of... 

Canada-India uranium tensions thaw as Cameco strikes export deal
Photo by Reuters
India's Prime Minister Narendra Modi and Canada's Prime Minister Stephen Harper shake hands in Ottawa.

Goldman Sachs bullish on South Africa as favourable investment destination 

By: Martin Creamer Leading global investment banking, securities and investment management firm Goldman Sachs is bullish on South Africa, which it regards as a favourable destination for fund managers because of the depth of its capital market and the scarcity of other emerging market options. Goldman Sachs... 

Goldman Sachs bullish on South Africa as favourable investment destination
Photo by Duane Daws
Colin Coleman

Zambia cabinet approves changes to mining royalties – presidency

By: Reuters Zambia's cabinet approved changes to controversial mining royalties on Monday after the finance and mines ministers proposed amendments, the president's spokesperson said. "This follows extensive consultations with the mining industry in the light of significant changes in the fundamental... 

Zambia cabinet approves changes to mining royalties – presidency
Photo by Reuters
Zambia President Edgar Lungu

South32 turns bearish as tax inquiry, iron-ore put ‘sell’ skids under BHP

By: Martin Creamer With the shareholder vote just over three weeks away, the planned spin-off of South32 from BHP Billiton has turned bearish and BHP Billiton has itself fallen victim to an unprecedented number of analyst sell recommendations owing to the plummeting iron-ore price, worsened by the reputational... 

South32 turns bearish as tax inquiry, iron-ore put ‘sell’ skids under BHP
Photo by Duane Daws
The BHP Billiton building in central Johannesburg

Gold Fields goes it alone in clinching non-centralised three-year wage deal

By: Martin Creamer Gold Fields has opted to negotiate outside of the traditional centralised bargaining format in clinching a three-year, 10%-a-year wage agreement at its fully mechanised, 3 500-employee South Deep gold mine, leaving the other five Chamber of Mines (CoM) gold mining companies to continue to adhere... 

Gold Fields goes it alone in clinching non-centralised three-year wage deal
Tough gold talks on way

Africa-focused mining conference to be held in London in June

By: Zandile Mavuso Global mining and research company SNL Metals and Mining and business events organizing company AME Trade Limited will be hosting the Mining on Top: Africa – London Summit, scheduled to take place from June 24 to 26 in London, and underpinned by the theme 'Connecting nations, investors and... 

Indian iron-ore miners’ woes persist as govt disregards pleas to slash 30% export tax and legislative changes take effect

By: Ajoy K Das “An unlimited power to tax involves, necessarily, a power to destroy; because there are limits beyond which no institution and no property can bear taxation.” – John Marshall (1755-1835) Indian iron-ore miners could well be lamenting that the words of this great American jurist and statesman were... 

Indian iron-ore miners’ woes persist as govt disregards pleas  to slash 30% export tax and legislative changes take effect
Photo by Bloomberg
HIGHLY TAXED India imposed a uniform tax rate of 20% on iron-re lumps and fines in March 2011 and in December of the same year it was hiked to 30%

West Africa mining summit to focus on challenges affecting region

By: Pimani Baloyi The 2015 Western and Central Africa (WaCA) Mining Summit and Expo, which will be held at the Accra International Convention Centre, in Ghana, on May 20 and 21, will focus on ways to mitigate the challenges facing the mining industry in these two regions. The summit’s theme – A Premier Showcase of... 

West Africa mining summit to focus on challenges  affecting region
WEST AND CENTRAL AFRICA MINING EXPO The 2015 summit and expo will focus on ways to mitigate the challenges facing the mining industry in the two regions

Centerra Gold, Kyrgyz govt Kumtor JV negotiations hit renewed uncertainty

By: Henry Lazenby Negotiations between Canadian miner Centerra Gold and the Kyrgyzstan government have reached renewed uncertainty after the country’s Prime Minister, Djoomart Otorbaev, suggested to the Kyrgyz Republic Parliament and local media that the restructuring of the Kumtor gold mine as a 50/50 joint... 

Centerra Gold, Kyrgyz govt Kumtor JV negotiations hit renewed uncertainty
Photo by Centerra Gold
Centerra Gold's Kumtor mine, in Kyrgyzstan.

Whites still control our mines, says Mugabe

By: Natalie Greve Zimbabwe’s mining assets remain largely in the hands of foreign whites, despite various nationalisation-driven policy efforts to dismantle majority white ownership of assets in the country, President Robert Mugabe said on Thursday. “All industrialisation [in South Africa and Zimbabwe] was done in... 

Whites still control our mines, says Mugabe

Sibiya to retire from CoM, Baxter to take his place

By: Ilan Solomons South African Chamber of Mines (CoM) COO Roger Baxter will replace Bheki Sibiya as CE on May 1, following Sibiya’s early retirement, president Mike Teke announced on Thursday. Sibiya would retire on April 30 to pursue “personal interests”. 

Sibiya to retire from CoM, Baxter to take his place
Photo by Duane Daws
ROGER BAXTER

Kumba Iron Ore opens clinic as Minister visits award-winning housing complex

By: Martin Creamer Kumba Iron Ore top brass and Mineral Resources Minister Ngoako Ramatlhodi on Thursday launched a new R8.8-million clinic and visited the Anglo American company’s award-winning 718-employee-house complex in the Northern Cape. “We believe that these projects will go a long way in addressing the... 

Kumba Iron Ore opens clinic as Minister visits award-winning housing complex
Photo by Duane Daws
Norman Mbazima

Quebec scales back plan to develop its resource-rich north

By: Reuters The Canadian province of Quebec unveiled a scaled-back version of its long-touted plan to develop its vast, mineral-rich north on Wednesday as investor interest has waned due to weak commodity prices, particularly for iron-ore. The provincial government said it now expects its Plan Nord to... 

Arguments start on whether BC Supreme Court has say in Guatemalan violence suit

By: Henry Lazenby Vancouver-based Tahoe Resources on Wednesday argued in the British Columbia Supreme Court to dismiss a civil suit launched last year by seven Guatemalan protesters who were shot during a peaceful protest outside the Escobal silver/lead/zinc mine, in south-eastern Guatemala. The seven men were... 

Arguments start on whether BC Supreme Court has say in Guatemalan violence suit
Photo by Tahoe Resources
The Escobal silver/lead/zinc mine, in south-eastern Guatemala.

Management, NUM agree to end manganese strike

By: Martin Creamer Mine management and the local leadership of the National Union of Mineworkers (NUM) have reportedly jointly agreed to end the unprotected strike at the BHP Billiton-managed Hotazel manganese operations in the Northern Cape. BHP Billiton South Africa communications manager Patrick Wadula said in a... 

Management, NUM agree to end manganese strike
Mamatwan manganese smelter at Hotazel.

Gunmen kidnap Romanian from Burkina Faso mine near Mali border

By: Reuters Unidentified gunmen kidnapped a Romanian security officer on Saturday from a manganese mining project in northern Burkina Faso, near the border with Mali's lawless desert north, the company and a security source said. The incident took place at the Tambao project, which is run by Pan African... 

Gunmen kidnap Romanian from Burkina Faso mine near Mali border

As beneficiation debate rages, experts insist focus must be on niche sectors, upstream manufacturing 

By: Jade Davenport The contentious debate surrounding South Africa’s beneficiation strategy and how best it should be undertaken has been placed under the glare of the spotlight again and has served to intensify tensions between government and the mining industry over continuing mineral policy uncertainty. The... 

As beneficiation debate rages, experts insist focus must be on niche sectors, upstream manufacturing
Photo by Duane Daws
INCENTIVISED OR MANDATED? While South Africa is largely uncompetitive in the global manufacturing context, beneficiation opportunities do exist, provided provided such beneficiation is incentivised as opposed to mandated

Mozambique should be careful when granting minerals licences as sector grows strongly

By: Keith Campbell The minerals extraction sector of the Mozambican economy grew by 14.9% in the fourth quarter of last year, in comparison to the fourth quarter of 2013. This was recently reported by the country’s National Institute of Statistics. The economy as a whole grew by 7%.  

Striking manganese mineworkers urged to return to work

By: Martin Creamer Striking mineworkers at the BHP Billiton-managed Hotazel manganese mines were on Thursday urged to return to work in compliance with a court order, which had declared the stayaway illegal and unprotected. BHP Billiton said in a media release sent to Creamer Media’s Mining Weekly Online that... 

Striking manganese mineworkers urged to return to work
Mamatwan manganese operation, Hotazel

Power problems offering platinum huge demand opportunity 

By: Martin Creamer The electricity crisis is offering South Africa’s demand-hungry platinum mining companies a major opportunity to stimulate the offtake of platinum. State power utility Eskom’s loadshedding programme is elevating power-generating fuel cell technology - with platinum at its heart - to a new... 

Power problems offering platinum huge demand opportunity
Photo by Duane Daws
Kaya Ngqaka
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