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Legislative Environment News

Where Africans were making gold artefacts hundreds of years ago

16th May 2003 It is interesting to note that Africans were creating precious-metal artifacts hundreds of years ago. 

Valuations and the Royalty Bill

16th May 2003 Valuations are used by many different people in the industry, from entrepreneurs to managers, from financiers to investors, from buyers to sellers, and from analysts to academics. 

Nominees shortlisted for minerals advisory board

By: Martin Czernowalow     16th May 2003 South African Minister of Minerals and Energy Affairs Phumzile Mlambo-Ngcuka announced yesterday that a shortlist of nominees for the Minerals and Mining Development Board has been drawn up. 

Benefication Bill aims for spin-offs from SA's mining complex

By: Zonika Botha     12th May 2003 Blessed with diverse and sizeable mineral resources, South Africa is not only the world’s leading exporter of gold, platinum-group metals, chromium, manganese ferroalloys and vanadium, but also a major supplier of diamonds, titanium minerals, coal, andalusite and other important commodities. 

Beneficiation Bill

By: Zonika Botha     9th May 2003 Blessed with diverse and sizeable mineral resources, South Africa is not only the world's leading exporter of gold, platinum-group metals, chromium, manganese ferroalloys and vanadium, but also a major supplier of diamonds, titanium minerals, coal, andalusite and other important commodities. 

Gold-miners protest SA royalty bill

By: Deborah Spicer     9th May 2003 Two South African gold miners expressed opposition to government’s proposed Royalty Bill last week, voicing concern that marginal producers especially could be adversely affected by the legislation. 

Royalty 'yes', current formula ‘no’

By: Martin Zhuwakinyu     2nd May 2003 The concept of mineral royalties was given the thumbs-up at a colloquium hosted by the South African Institution of Mining and Metallurgy (SAIMM) in Johannesburg last month, but the Mineral and Petroleum Royalty Bill, in its present form, came in for heavy criticism, because of its potential... 

Brace of new gold beneficiation initiatives by Harmony

By: zeena isaacs     28th April 2003 In all five of the latest key steps taken to add value to gold in the Free State and Gauteng, one name stands out as common to all. 

Bold new gold mould

By: zeena isaacs     25th April 2003 In all five of the latest key steps taken to add value to gold in the Free State and Gauteng, one name stands out as common to all. 

Harmony exploits legal loophole to sell gold bars in SA

By: Martin Czernowalow     25th April 2003 An apparent loophole in South African gold-ownership legislation has been grasped by Harmony Gold, which sees it as an opportunity to produce and market a new range of investment bars, the company announced recently. 

Open letter to Manuel: Part Two

18th April 2003 Dear Mr Manuel It’s me again – your friend in football and mineral development. Before we start with this week’s topic I would like to highlight some of the important things we discussed last week (See Mining Weekly, April 11-17, 2003). These were: - There is a difference... 

Foreign miners warn about SA's competitiveness

By: Keith Campbell     18th April 2003 The Foreign Investors Mining Association, while supporting introduction of mining royalties in SA, has grave reservations about how this is to be done and warn it could affect SA’s attractiveness for foreign mining investment. 

Metro’s plan to deal with illegal miners outlined

By: Zonika Botha     18th April 2003 Small-scale miners operating illegally within the Ekurhuleni Metropolitan Council borders could soon be legalised if an ambitious project by the council is commissioned before the end of the year. 

Ten-tola bar to fall off Indian radar

11th April 2003 The World Gold Council (WGC) forecasts that the popular 10 tola gold bar, which is equivalent to 116,64 g, might disappear from the Indian investment market, due to the way the Indian authorities have restructured the import-duty system. 

The Royalty Bill

11th April 2003 An open letter to Finance Minister Trevor Manuel questioning whether the proposed money bill will maintain SA's mining competitiveness 

SA junior miners get ‘major’ suppor

By: Joanne Delaurentis     11th April 2003 Never before have South African junior miners had as much support from the mining industry, government and financiers. 

DME punts 14 small mining investments

By: Jill Stanford     11th April 2003 The South African Department of Minerals and Energy is promoting 14 small- to junior-scale mining projects for investment. 

Gold’s first PPP launched in Free State

By: Martin Creamer     1st April 2003 Gold’s first public-private partnership (PPP) got off the ground on Sunday when Minerals and Energy Minister Phumzile Mlambo-Ngcuka launched the precious metal further downstream in the Free State, Mining Weekly Online can today report. 

Anglo puts its weight behind junior mining fund

By: Martin Czernowalow     1st April 2003 In a bid to promote empowerment within the junior mining sector in South Africa, resources giant Anglo American and Khula Enterprise Finance announced the formation of the Anglo Khula Mining Fund yesterday. 

Another gold beneficiation offset in offing

28th March 2003 Aerospace company BAE Systems-Saab together with its partners, Harmony and Mintek, will launch another national industrial participation (NIP) project on Sunday, in the Free State Gold Fields. 

Sustainability of BEE charter goals questioned

By: Martin Czernowalow     28th March 2003 Whereas the South African mining industry generally welcomed the broad-based Socio Economic Empowerment Charter, as well as the recently-released ‘scorecard’ to monitor its implementation, certain observers are raising questions about the sustainability of empowerment goals outlined... 

Big jewellery strategy unfolding

By: Zonika Botha     21st March 2003 Despite South Africa’s status as the world largest gold producer (423 t in 2000), the country’s jewellery manufacturing sector is extremely small, contributing less than 1% to the $150-billion global market. 

Inconsistency in new Minerals Act could force unlawful action to ensure a lawful right

By: Hulme Scholes     21st March 2003 Section 5(3)(a) of the Mineral and Petroleum Resources Development Act 28 of 2002 (the Act) provides that any “holder of a … mining right … may enter the land to which such right relates together with his or her employees, and may bring on to that land any plant, machinery or... 

Mining-royalty structure released

20th March 2003 The South African government released its long-awaited royalty structure for mining companies on Thursday, with rates ranging from one to eight percent depending on the commodity. 

Mining royalties Bill ready – cabinet

20th March 2003 Mining companies operating in South Africa will know today what royalties they will be paying the government under a new mining regime, the cabinet and finance ministry said yesterday. 

Questions raised about sustainability of BEE charter goals

By: Martin Czernowalow     19th March 2003 Whereas the South African mining industry generally welcomed the broad-based Socio Economic Empowerment Charter, as well as the recently-released ‘scorecard’ to monitor its implementation, certain observers are raising questions about the sustainability of empowerment goals outlined... 

Legacy costs: Fighting back years of mine pollution

By: Zonika Botha     17th March 2003 As a result of the very nature of its activities, the mining industry has long been branded as one of the biggest pollution culprits in South Africa. 

Legacy costs: Fighting back years of mine pollution

By: Zonika Botha     14th March 2003 As a result of the very nature of its activities, the mining industry has long been branded as one of the biggest pollution culprits in South Africa. 

SA goes downstream with gold

By: Martin Creamer     13th March 2003 A milestone in South Africa’s precious metals beneficiation progress was reached yesterday with the opening of a R20-million gold-rope chain production facility in the Free State Province. 

Mining activist:chamber transforms from control freak to lobbyist

By: Deborah Spicer     10th March 2003 Those familiar with the Chamber of Mines are often surprised to see how the 108-year-old mining body has managed to transform itself since its establishment. 

Mining activist: chamber transforms from control freak to lobbyist

By: Deborah Spicer     7th March 2003 Those familiar with the Chamber of Mines are often surprised to see how the 108-year-old mining body has managed to transform itself since its establishment. 

$4-million earmarked for downstream projects

By: marisa rodrigues     28th February 2003 South Africa’s largest gold producer AngloGold is likely to spend in the region of $4-million on its downstream projects and activities this financial year. 

New company to focus on metals beneficiation

By: marisa rodrigues     28th February 2003 At the end of last year, Harmony Gold and Mintek announced the creation of Msuku Beneficiation Systems, an integrated manufacturing and technology group focusing on the beneficiation of precious metals. 

Geoscience to develop mineral-lease promotion management system

By: Zonika Botha     28th February 2003 The Council for Geoscience (CGS), one of South Africa’s premier science councils and a custodian of local geoscientific data, has been appointed by the Department of Minerals and Energy (DME) to assist in the development of a National Mineral Lease Management Promotion System (NMLMS) to... 

Every miner must facilitate value-addition

By: Jill Stanford     28th February 2003 MINISTER of Minerals and Energy Phumzile Mlambo-Ngcuka discussed the newly released mining charter scorecard at the Investing in African Mining Conference in Cape Town last week. 

Mining royalties details likely in March

27th February 2003 Mining companies operating in South Africa are likely to know next month what royalties they will be paying the South African government under a new mining regime, a Treasury official said yesterday. 

Final enviro deadline for new ferrochrome project

By: Joanne Delaurentis     21st February 2003 Interested and affected parties have until today (Feb 21) to voice any objections to the environmental-impact assessment (EIA) and the environmental management programme report (EMPR) submitted by Transvaal Ferro-Chrome for its Buffelsfontein project. 

State will warehouse mine shares to prevent ‘equity spinning’

21st February 2003 South Africa said yesterday that if new black equity partners in mining companies sold their shares, the government would step in to buy and ‘warehouse’ them to prevent firms losing their licences. 

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