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Legislative Environment News

Glencore plunges after US subpoena regarding money laundering

By: Bloomberg     3rd July 2018 Glencore tumbled the most in two years as its African troubles escalated dramatically after US authorities demanded documents relating to possible corruption and money laundering. The world’s biggest commodity trader said Tuesday that it’s been subpoenaed by the US Department of Justice to... 

Exxaro commits to leading SA coal sector to ‘a new way of working’

By: Nadine James     29th June 2018 Worsening pollution crises and global warming have brought the world’s critical dependence on fossil fuels into the spotlight and the need for more sustainable and renewable energy solutions has become increasingly urgent, notes coal miner Exxaro, which has recommitted to being part of the... 

Ongoing fuel cell developments kindle hope for platinum demand 

By: Martin Creamer     26th June 2018 Ongoing hydrogen fuel cell developments across the globe are kindling hope for an eventual significant increase in platinum demand. This month alone, Hyundai Auto Canada took part in the official opening of Canada's first retail hydrogen fuelling station operated by Shell and Hydrogen Technology... 

Ongoing fuel cell developments kindle hope for platinum demand
Photo by Canadian Broadcasting Corporation
Shell hydrogen GM Oliver Bishop fuels a fuel cell Hyundai in Vancouver.

Land, mining uncertainty threatens South Africa growth – Moody's

By: Reuters     26th June 2018 South Africa's economic growth prospects will be limited by weak business confidence while uncertainty around land and mining reforms remain a concern for investors, ratings agency Moody's in research report on Tuesday. "Uncertainty over how this (land reform) will be achieved continues to limit... 

Land, mining uncertainty threatens South Africa growth – Moody's

Black Business Council consulting members on draft mining charter

By: African News Agency      26th June 2018 The Black Business Council (BBC) said on Tuesday it was consulting its members before commenting on South Africa's just-gazetted draft mining charter. The government published the document last week after abandoning implementation of a new mining charter last year aimed at boosting the... 

 Black Business Council consulting members on draft mining charter

Minerals Council said to plan free-carry challenge

By: Bloomberg     25th June 2018 South Africa’s main mining lobby group told analysts and mining companies that it would probably challenge a final draft of the government’s new Mining Charter if two key points of dispute aren’t removed, according to two people familiar with the matter. The Minerals Council South Africa, which... 

Minerals Council said to plan free-carry challenge
Photo by Dylan Slater
Mineral Resources Minister Gwede Mantashe

IRR says Mining Charter still flawed

By: African News Agency      22nd June 2018 South Africa's latest Mining Charter is better than the previous document but is still "profoundly flawed" and a continuing choke on investment, the Institute of Race Relations (IRR) said on Friday. The government last week gazetted the draft charter after abandoning implementation of one last... 

New draft Mining Charter better than ‘disaster’ it is replacing – Mohale

By: Nadine James     22nd June 2018 The latest draft of the third Mining Charter is not perfect, but it is better than the “disaster” it is replacing, Business Leadership South Africa CEO Bonang Mohale told attendees at the African Mining Network event on Thursday evening. He explained that the previous draft, which was... 

New draft Mining Charter better than ‘disaster’ it is replacing – Mohale
BLSA CEO Bonang Mohale

Risk-based approach to mine residue disposal can yield cost advantages – SRK

By: Nadine James     22nd June 2018 Stringent regulations have tightened the design standards for mining residue stockpiles and deposits, but there is still scope to apply a risk-based approach to meet requirements while potentially saving on costs, says SRK Consulting senior environmental economist and management consultant... 

China continues to encourage foreign mining investment

By: Rebecca Campbell     22nd June 2018 In early April the People’s Republic of China established a new Ministry, that of Natural Resources (MNR). The creation of the new Ministry was part of a programme to restructure the country’s State Council (Cabinet). The MNR took over all the responsibilities of the previous (and now... 

China continues to encourage foreign mining investment

Indonesia may finalise new mining law by month-end

By: Nadine James     22nd June 2018 News of a new Indonesian mining law first emerged in 2016, and the draft legislation has been revised several times since, US-based international law firm Bryan Cave Leighton Paisner partner and foreign legal consultant Marius Toime noted in a legal opinion last month. Some of the country’s major... 

Mining Charter’s free-carried interest requirement worries industry

By: Anine Kilian     21st June 2018 Although changes have been made to certain sections of the latest draft of the third Mining Charter, some mining industry participants believe the charter will not benefit the industry. Unpacking the proposed ownership requirements for new mining rights as set out in the draft charter, in... 

Cobalt explorers see Congo mine law offset by price, high grades

By: Bloomberg     21st June 2018 Junior miners exploring for cobalt in the Democratic Republic of Congo (DRC) reckon increased prices and the country’s high-grade deposits will offset the added costs of new legislation larger companies have opposed. Congo, the world’s largest source of the metal, this month began implementing an... 

Report alleges miners inadequately disclose information on environmental rehabilitation costs

By: Nadine James     20th June 2018 Neither the law, nor the accounting standards governing company disclosures, ensure the necessary transparency and accountability about financial provision for environmental rehabilitation, the Centre for Environmental Rights (CER) alleges in its ‘Full Disclosure: The Truth about Mining... 

Mining charter, illegal mining, FDI in the spotlight  

20th June 2018 Mining Weekly editor Martin Creamer unpacks the news around the mining charter, illegal mining and FDI in the junior miners fund. 

Mining charter, illegal mining, FDI in the spotlight
Mining charter, illegal mining, FDI in the spotlight

Charter in current form will not promote investment, growth – MCSA

By: Simone Liedtke     18th June 2018 The Minerals Council South Africa (MCSA) believes that while the draft Mining Charter 2018 is a material improvement on the 2017 iteration, much more work needs to be done to create a Mining Charter that promotes competitiveness, investment, growth and transformation for the growth and prosperity... 

Charter in current form will not promote investment, growth – MCSA
Mineral Resources Minister Gwede Mantashe

South Africa proposes 30% black ownership for mining firms within 5 years

By: Reuters     16th June 2018 South Africa plans to raise black ownership at permit-holding mining companies to 30% from 26% within five years, the latest draft of a hotly-contested new industry charter showed on Friday. The government and miners had been at loggerheads over a previous version of the charter, which industry... 

South Africa proposes 30% black ownership for mining firms within 5 years
Photo by Dylan Slayter
Mineral Resources Minister Gwede Mantashe

Mantashe to publish draft charter for public comment

By: Creamer Media Reporter      15th June 2018 Mineral Resources Minister Gwede Mantashe intends to, on Friday, publish the draft Mining Charter for public comments before it is finalised and gazetted.   This follows weeks of engagements with stakeholders and social partners.   “Publishing of the charter moves us a step forward in terms of... 

Congo's miners face harsh new reality as mining law finalised

By: Bloomberg     13th June 2018 The options for mining companies battling new legislation in the Democratic Republic of Congo -- Africa’s biggest copper producer and the source of two-thirds of the world’s cobalt -- have just about run out. After six months of lobbying, companies including Glencore and Randgold Resources have... 

Resources Watch  

13th June 2018 One-size-fits-all legislation ill-conceived And, government creating junior miners’ fund 

Resources Watch
Resources Watch

Mining companies combating malaria scourge – ICMM

By: Martin Creamer     13th June 2018 Mining companies are taking firm steps to help combat the scourge of malaria, which affects 3.3-billion people worldwide and kills a child every 30 seconds. International Council for Mining and Metals (ICMM) health, safety and product stewardship director John Atherton reports that: 

Mining companies combating malaria scourge – ICMM
International Council for Mining and Metals (ICMM) health, safety and product stewardship director John Atherton.

Brazil overhauls decades-old mining law to lure investment

By: Reuters     12th June 2018 Brazil's President Michel Temer issued two decrees on Tuesday overhauling 50-year-old mining laws in attempt to draw investment to the sector and implementing rules on the collection of higher mining royalties. The changes to the 1967 mining code include measures to allow for mining titles to be... 

South Africa’s ‘Samcodes way’ a world-beater – Mullins

By: Martin Creamer     12th June 2018 South Africa has succeeded in creating a meticulous set of mineral reporting codes that continue to gain international recognition. The South African Mineral Reporting Codes (Samcodes), which protect investors, are currently so highly regarded that in October South Africa will host a large... 

South Africa’s ‘Samcodes way’ a world-beater – Mullins
Photo by Dylan Slater
Samcodes standards committee chairperson Matt Mullins (left) and Mining Weekly Online's Martin Creamer

Beneficiation opportunities in zinc, fuel cells – Oliphant

By: Martin Creamer     11th June 2018 Deputy Minerals Minister Godfrey Oliphant is engaging with companies on local value-addition opportunities in zinc and platinum-catalysed fuel cells, and would like mining companies to make these and other locally mined commodities available at developmental prices to facilitate... 

Beneficiation opportunities in zinc, fuel cells – Oliphant
Photo by Wynand van der Merwe
Deputy Mineral Resources Minister Godfrey Oliphant (right) with Mining Weekly Online's Martin Creamer

QRC calls for royalty stability ahead of State Budget

By: Esmarie Swanepoel     11th June 2018 The Queensland Resources Council (QRC) has urged the state government not to rock the royalty boat, ahead of the state Budget on Tuesday. QRC CEO Ian Macfarlane said on Monday that the government’s previous commitment to royalty stability was welcome, with the government’s pre-Christmas... 

QRC calls for royalty stability ahead of State Budget

Congo mining code regulations signed into law – aides

By: Reuters     11th June 2018 Regulations to implement Congo's new mining code have been signed into law with no changes, advisers to the prime minister told Reuters on Saturday, despite objections from mining firms that have been threatening legal action. Prime Minister Bruno Tshibala signed the regulations into law... 

Congo mining code regulations signed into law – aides
The KCD openpit gold mine, operated by Randgold, at the Kibali mining site in the Democratic Republic of Congo.

Unpacking the Junior Indaba 

8th June 2018 The Junior Indaba kicked off in Johannesburg this week. Mining weekly Editor Martin Creamer attended and unpacks the event’s headlines. 

Unpacking the Junior Indaba
Unpacking the Junior Indaba

MMEC conference outlook indicative of state of mining industry

By: Melissa Zisengwe     8th June 2018 The increase in international participation at the sixth edition of the Mozambique Mining, Energy and Natural Gas Conference (MMEC) reflected the state of the Mozambique mining industry, which is an emerging market, says event organiser AME Trade. The conference was held in Maputo on April 25 and... 

MMEC conference  outlook indicative of  state of mining industry
SIXTH EDITION The Mozambique Mining, Energy and Natural Gas Conference was held in Maputo on April 25 and 26

Beneficiation industry declines amid restrictive legislative environment, training dearth

By: Paige Müller     8th June 2018 The South African diamond beneficiation market is no longer globally competitive, says rough and polished diamonds and precious stones trading association World Federation of Diamond Bourses president Ernest Blom. He tells Mining Weekly that the local diamond beneficiation industry has “shrunk... 

Beneficiation industry  declines amid restrictive legislative environment, training dearth
COSTLY CARATS South African diamond polishers process diamonds at a cost per carat rate that is four times more expensive than that of global competitors

Greater government intervention in mining research, development needed – Netshitenzhe 

By: Nadine James     8th June 2018 In his working paper, Towards Mining Vision 2030 African National Congress National Executive Committee member and Mapungubwe Institute for Strategic Reflection (Mistra) director Joel Netshitenzhe suggests that more needs to be done in terms of government support and collaboration in the field of... 

Anglo-Chilean miner reports tax and fees payments

By: Rebecca Campbell     8th June 2018 UK-domiciled, London Stock Exchange- (LSE-) listed mining group Antofagasta plc last year paid $316 833 000.00 to Chilean, and $206 000.00 to US, Government authorities in taxes and fees. The company released this information at the start of this month in its “2017 Report on Payments to... 

Diamond industry longevity on the line

By: Paige Müller     8th June 2018 The implementation of enabling mining policies by government is key in safeguarding the South African diamond industry from further decline and a worrying contraction, says Global Diamond Network consultant and industry heavyweight Dr John Bristow. Bristow states that the local diamond mining... 

Diamond industry longevity on the line
DIAMONDS IN THE ROUGH High quality rough gemstone diamonds mined from an alluvial diamond deposit in Northern Cape province

SA has eight year backlog in issuing of mining rights – Mantashe

By: African News Agency      7th June 2018 Minister of Mineral Resources Gwede Mantashe said on Thursday that the country has a backlog of about eight years in issuing of mining rights as proper processing of applications for mining licences has stalled over the years.  "A preliminary internal investigation shows that the backlog on new... 

SA has eight year backlog in issuing of mining rights – Mantashe
Photo by Creamer Media
Mineral Resources Minister Gwede Mantashe

Artisanal mining should be legalised – analyst  

By: Anine Kilian     7th June 2018 As industrial mining for gold declines, artisanal mining for gold in abandoned, ownerless and derelict mines will increase, making way for artisanal miners to mine abandoned shafts, says mining analyst David van Wyk. Addressing delegates during a mining seminar at Sustainability Week 2018, in... 

Brazil presidential decree next week to overhaul mining rules – sources

By: Reuters     7th June 2018 Brazil's President Michel Temer plans to issue a decree next week to overhaul the rules for mining permits, bypassing Congress after it failed to approve similar changes last year, two people with direct knowledge of the matter told Reuters. The sources, who asked not to be named because the... 

Brazil presidential decree next week to overhaul mining rules – sources
Photo by Bloomberg
Brazil President Michel Temer

Plan for mining community development levy scrapped

By: Bloomberg     6th June 2018 South Africa’s government has scrapped plans to compel mining companies to contribute 1% of their annual turnover to a new community development agency because it feared the funds could be abused, the nation’s mining minister said. The levy was proposed in a draft of the nation’s new Mining... 

MCA urges reforms to encourage investment

By: Esmarie Swanepoel     5th June 2018 The Minerals Council of Australia (MCA) has warned that future investments and jobs in the Australian resources could be put at risk as reforms to streamline project approvals and modernizing workplace relations stalled. In its submission to the Parliament’s inquiry into impediments to business... 

Giant waste-spewing mine turns to battleground in Indonesia

By: Bloomberg     5th June 2018 Every year, Freeport-McMoRan dumps tens of-millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is demanding the right to keep at it for decades to come. The discharge of what are called tailings, the leftovers of mineral... 

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