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Legislative Environment News

Ramaphosa integral to mining’s fresh start – lawyer

By: Nadine James     2nd March 2018 There is an urgent need for a fresh start in mining to secure a new deal for the sector, says auditing and advisory firm BDO South Africa’s Africa desk leader Owen Murphy, suggesting that newly elected South African President Cyril Ramaphosa could be integral to this new start. The local mining... 

Miners broadly welcome federal Budget 2018 bar some caveats

By: Henry Lazenby     1st March 2018 The Canadian mining industry has welcomed the federal 2018 budget that was announced this week, highlighting particular support for the extension of the Mineral Exploration Tax Credit and several additional funds made available for critical skills training. Canada's Budget 2018, tabled by... 

Miners broadly welcome federal Budget 2018 bar some caveats
Photo by Reuters
Canada's Finance Minister Bill Morneau delivers the budget in Ottawa

Implats harvests loss shafts, mulls more investment in profitable shafts 

By: Martin Creamer     1st March 2018 The 40 000-employee Impala Platinum Mine in Rustenburg, which is 'harvesting' unprofitable shafts while studying additional investment opportunities in the many profit-making shafts within its well-endowed, long-life lease area, has set in motion a process to cut costs by R1-billion. Harvesting,... 

Implats harvests loss shafts, mulls more investment in profitable shafts
Implats CEO Nico Muller talks to Mining Weekly Online’s Martin Creamer. Photographs: Dylan Slater. Video and Video Editing: Darlene Creamer. Recorded 1.03.2018

Mining Charter to be finalised in three months – Mantashe

By: Reuters     28th February 2018 South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which lays out requirements for black ownership levels and other targets in the next three months. Uncertainty around the charter has deterred investment into a sector... 

Mining Charter to be finalised in three months – Mantashe
Photo by Duane Daws
Mineral Resouces Minister Gwede Mantashe

Mantashe’s warm welcome into mining, analysts call for structural change  

     28th February 2018 With seemingly positive changes taking place in government, the mining industry is keen to play its part in the economy, while analysts have called for structural change in the industry. Mining Weekly editor Martin Creamer unpacks the developments. 

Mantashe’s warm welcome into mining, analysts call for structural change
Mantashe’s warm welcome into mining, analysts call for structural change

Resounding welcome for Gwede, who declines opportunity to comment

By: Martin Creamer     27th February 2018 New South African Mineral Resources Minister Gwede Mantashe has received a resounding welcome from the Chamber of Mines of South Africa, Business Leadership South Africa (BLSA) and mining luminaries. The Chamber of Mines of South Africa has welcomed the appointment of Mantashe, 62, describing him... 

Resounding welcome for Gwede, who declines opportunity to comment
Photo by Duane Daws
Incoming Mineral Resources Minister Gwede Mantashe

BLSA welcomes Cabinet reshuffle

By: African News Agency      27th February 2018 Business Leadership South Africa (BLSA) on Tuesday welcomed the changes to the national executive announced on Monday night by newly appointed President Cyril Ramaphosa, but urged him to speedily review the size of his Cabinet as promised. BLSA applauded the return of Nhlanhla Nene as Finance... 

 BLSA welcomes Cabinet reshuffle
President Cyril Ramaphosa announced changes to his Cabinet on Monday night.

BC establishes mining task force to grow jobs

By: Henry Lazenby     27th February 2018 The British Columbia government has established the long-awaited Mining Jobs Task Force on Monday. The task force has its roots in the 2014 Mount Polley mine tailings pond failure in the Cariboo region of the province, and is established amid intensifying disputes with Alaska over downstream... 

BC establishes mining task force to grow jobs
Photo by British Columbia Government
BC Minister of Energy, Mines and Petroleum Resources Michelle Mungall announces the provincial Mining Jobs Task Force

Structural change needed to arrest mining's decline - analysts

By: Martin Creamer     26th February 2018 Structural change, with government and labour playing central roles, is needed to arrest the decline in South African mining, say Nedbank CIB mining analysts Leon Esterhuizen and Arnold van Graan. In comprehensive note, Esterhuizen and Van Graan describe South Africa's labour-intensive mining... 

Structural change needed to arrest mining's decline - analysts
Photo by Duane Daws
Leon Esterhuizen, Arnold van Graan and Martin Creamer

Tahoe suffers $18m Q4 loss as Escobal shutdown saga drags on 

By: Henry Lazenby     24th February 2018 Precious metals producer Tahoe Resources has recorded an $18-million loss for the fourth quarter ended December 31, as its flagship Escobal silver mine, in Guatemala, lingers on care and maintenance. The TSX- and NYSE-listed miner reported an adjusted comparative loss of $17.7-million, or $0.06 a... 

Tahoe suffers $18m Q4 loss as Escobal shutdown saga drags on
Photo by Tahoe Resources
Escobal, Guatemala

Industry blames red tape, 'policy surprises' for Australia's fall in mining survey

By: Creamer Media Reporter      23rd February 2018 Western Australia, South Australia, Queensland, the Northern Territory and Victoria fell in mineral investment attractiveness, according to the Fraser Institute’s ‘Annual Survey of Mining Companies for 2017’. Western Australia fell for the third year dropping from first in 2015 to third in 2016... 

Industry blames red tape, 'policy surprises' for Australia's fall in mining survey

Richards Bay Coal Terminal, port win top global excellence awards 

By: Martin Creamer     23rd February 2018 South Africa's Richards Bay Coal Terminal (RBCT) and Richards Bay Port won global recognition at the Global Ports Forum awards ceremony in Dubai on Thursday. The winners of these prestigious international awards by the ten-year-old Singapore-launched Global Ports Forum are finalised by a judging... 

Richards Bay Coal Terminal, port win top global excellence awards
RBCT GM Operations Jabu Mdaki, extreme left, and RBCT CEO Alan Waller, extreme right, in Dubai award ceremony.

Finland takes top spot for mining-friendly investment 

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

Finland takes top spot for mining-friendly investment

Namibia mining sector is investor friendly

By: Victor Moolman     23rd February 2018 The Namibian mining sector has become more investor friendly than South Africa, as the country has clear policies that have been consistently applied, explains Sandton-based law firm Webber Wentzel partner Jonathan Veeran. Namibia has four policies governing mining and mineral prospecting: the... 

Namibia mining sector  is investor friendly
Photo by Duane Daws
NEW IN NAMIBIA Namibia has attracted investment in new mining ventures, including new uranium mines

Energy efficiency can be profit centre for mining

By: Paige Müller     23rd February 2018 South African mining companies must embrace modern energy-saving technologies and new thinking on reducing carbon emissions if they hope to remain competitive in the global commodities market, warns international energy and carbon emissions solutions specialist Ensight Energy Solutions. “Business... 

Energy efficiency can be  profit centre for mining
Energy Saving Ideas Competition Ensight Energy Solutions believes a profitable energy future for the mining industry is possible through a combination of advanced energy management and renewable energy

Green bonds appealing funding opportunity for mines

By: Paige Müller     23rd February 2018 The adoption of increasingly stringent renewable-energy and climate change targets globally will dramatically boost the issuance of green bonds, forecasts Fitch Group-affiliated BMI Research power and renewables head Georgina Hayden. In the wake of the landmark United Nations 2015 Paris Agreement... 

Green bonds  appealing funding  opportunity for mines
GEORGINA HAYDEN The issuance of green bonds will increase proportionately with the ongoing galvanisation of global sentiment towards achieving stringent renewable-energy and climate change targets

Hybrid solutions to power Africa’s mining future

By: Paige Müller     23rd February 2018 African mining companies and investors have expressed increasing interest in hybrid energy solutions that show the potential to address off-peak demand challenges, says engineering consultant WSP Africa power director Dinesh Buldoo, who expects this trend to continue. “We have seen several hybrid... 

Hybrid solutions to power Africa’s mining future
DINESH BULDOO There is significant investor and developer interest in renewable-energy projects

Nigerian mining’s GDP contribution seen increasing sixfold to 3%, cautious optimism takes hold in SA

By: Mia Breytenbach     23rd February 2018 With investors continuously scouring worldwide for new opportunities and countries scrutinised for their investment attractiveness and monitored in terms of economic growth, currently, new light has been cast on the re-emerging and growing Nigerian mining sector, while South Africa’s mining... 

Nigerian mining’s GDP contribution seen increasing  sixfold to 3%, cautious optimism takes hold in SA

Himoinsa solutions provide light, power to Southern African mines

     23rd February 2018 Designer and manufacturer of diesel and gas generator sets, hybrid generators, lighting towers and control panels Himoinsa Southern Africa is delivering solutions to power mines across Southern Africa, emphasising that its generators and lighting towers are robust and durable enough to provide... 

Himoinsa solutions provide light, power to Southern African mines
HIMOINSA APOLO START 4006 Five Himoinsa Apolo Start 4006 lighting towers and a T5 HFW250 soundproof generator set are in operation in the Tavan Tolgoi coal mine

Families of slain Marikana miners call on Ramaphosa to turn his promises into action 

By: News24Wire      22nd February 2018 Following President Cyril Ramaphosa’s promise of atonement for the Marikana massacre, 36 families of the striking miners who were killed have said that reparations should include a formal apology from the police minister and criminal charges against the police officers involved. During... 

Families of slain Marikana miners call on Ramaphosa to turn his promises into action
President Cyril Ramaphosa

Froneman calls for collective action towards zero harm in fatality-plagued mining business 

By: Martin Creamer     22nd February 2018 A strong call to action was made by Sibanye-Stillwater CEO Neal Froneman on Thursday for a common purpose towards zero harm in South Africa's mining industry, where rising fatality numbers are causing great concern. Froneman said a point had been reached where management on its own could not make... 

Froneman calls for collective action towards zero harm in fatality-plagued mining business
Sibanye-Stillwater CEO Neal Froneman presenting half-year results covered by Mining Weekly Online’s Mining Weekly Online. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer. Recorded 22.2.2018

Striking Gupta mineworkers demand answers about their future 

By: News24Wire      22nd February 2018 Striking mineworkers at Gupta-owned Optimum Coal Mine have demanded to know the "truth of the sale" of the mine. Workers downed tools on Wednesday morning, saying there was uncertainty over their jobs and the future of the mine. 

Striking Gupta mineworkers demand answers about their future
Ajay Gupta

Glencore shoots lights out, mulls divi top-up, reaffirms South Africa

By: Martin Creamer     21st February 2018 Diversified mining and marketing company Glencore shot the lights out with a superlative set of 2017 results that coincided with a leap in its share price in Johannesburg, the reaffirmation of South Africa as an even more positive investment destination, and the mulling of a dividend "top up"... 

Glencore shoots lights out, mulls divi top-up, reaffirms South Africa
Photo by Duane Daws
Flashback to Ivan Glasenberg opening Glencore-funded school in South Africa's coalfields.

Govt to fast-track finalisation of outstanding mining policy

By: Megan van Wyngaardt     21st February 2018 To take advantage of the cyclical upturn in the mining sector and improved investor sentiment to boost economic growth, government needs to finalise outstanding policy and administrative reforms. The proposed implementation of the revised Mining Charter, contested by industry and the Chamber of... 

Govt to fast-track finalisation of outstanding mining policy
Photo by Bloomberg
Finance Minister Malusi Gigaba

Parliament to launch inquiry into Zwane

By: Reuters     21st February 2018 Parliament will launch an investigation into allegations of influence-peddling against Mineral Resources Minister Mosebenzi Zwane, its oversight committee on mineral resources department said on Wednesday. The committee did not give specific reasons on why it wanted to open an investigation into... 

Parliament to launch inquiry into Zwane
Photo by Duane Daws
Mineral Resources Minister Mosebenzi Zwane

Tanzania's new mining rules impose restrictions on foreign banks, insurers

By: Reuters     21st February 2018 Foreign-owned banks, insurance companies and law firms could be locked out of Tanzania's mining sector as part of tough new regulations that aim to limit foreign ownership of mining-related activity. Africa's fourth-largest gold producer is seeking to take more of the profits from its vast... 

Canada province considers law to retaliate against 'Buy American'

By: Reuters     21st February 2018 Ontario's Liberals, the ruling party in Canada's most populous province, introduced legislation on Tuesday that would give officials authority to retaliate against US states that institute "Buy American" procurement policies. The Fairness in Procurement Act would give Ontario's government... 

BC extends provincial flow-through tax credit for a year; resumes fight against Canadian oil

By: Henry Lazenby     21st February 2018 The British Columbia provincial government has released its Budget 2018 plan, confirming that the provincial flow-through exploration tax incentive will be extended for another year until the end of this year. The mining flow-through share programme is seen as critical to reinforcing the... 

BC extends provincial flow-through tax credit for a year; resumes fight against Canadian oil

South Africa falls to small percentage of AngloGold output 

By: Martin Creamer     20th February 2018 South African gold mines now represent around 13% of the AngloGold Ashanti portfolio, AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) said on Tuesday. The fall in the contribution from AngloGold's South Africa region mines follows the sale of Moab and Kopanang and the closure of the Tau... 

South Africa falls to small percentage of AngloGold output
AngloGold Ashanti 2017 results presentation covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video: Darlene Creamer. Video Editing: Christo Greyling.

Kabila yet to sign new mining code as deadline nears

By: Reuters     20th February 2018 Democratic Republic of Congo's President Joseph Kabila has not yet signed into law a new mining code, a senior aide said on Tuesday, as international mining companies wage a last-ditch lobbying effort against the measure. The comments by Jean-Pierre Kambila, Kabila's deputy chief of staff, come... 

Australian minerals sector calls for workplace relations, education reform to build future workforce

By: Creamer Media Reporter      20th February 2018 Australia’s higher education system should be reformed and outdated workplace relations laws that discourage investment and stifle innovation and efficiency should be fixed to build the future Australian minerals workforce, said Minerals Council of Australia (MCA) interim executive director David... 

Mogalakwena gushes cash as Amplats modernises, studies growth, advances fuel cell 

By: Martin Creamer     19th February 2018 The Mogalakwena platinum mine lived up to its reputation of being the most profitable platinum group metals (PGM) mine on the planet when it gushed cash and elevated a modernising, community supporting, environment protecting, growth studying and fuel-cell marketing Anglo American Platinum... 

Mogalakwena gushes cash as Amplats modernises, studies growth, advances fuel cell
Anglo American Platinum CEO Chris Griffith delivers 2017 results covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd.

Mining communities celebrate as High Court orders their involvement

By: African News Agency      19th February 2018 There were celebrations at the High Court in Pretoria on Monday after a ruling compelled the South African government and the Chamber of Mines -- which represents producers in the mining sector -- to involve communities living in mining areas, in the ongoing discussions over the controversial... 

 Mining communities celebrate as High Court orders their involvement

Court postponement signals ‘welcome change’ in govt, industry relations – Leon

By: Dylan Slater     19th February 2018 Law firm Herbert Smith Freehills Africa practice cochairperson and partner Peter Leon says the postponement of Monday’s scheduled High Court case over the hotly contested Mining Charter 3, signals a welcome change in relations between government and the South African mining industry.  

Glencore, Randgold form group to challenge Congo law changes

By: Bloomberg     19th February 2018 Glencore and Randgold Resources are among major mining companies in the Democratic Republic of Congo clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly served by the existing industry body. In a letter sent to Congolese President Joseph Kabila on... 

Mining sector unloved as investors find it hard to trust

By: Reuters     17th February 2018 Investors are shunning the mining sector, data from Thomson Reuters shows, as they struggle to forget the string of multi-billion dollar takeovers and expensive development projects that left them empty handed. A decade-long commodity boom coincided with years of economic growth when China took... 

Jobs summit announced as Ramaphosa delivers message of ‘hope and renewal’

By: Terence Creamer     16th February 2018 President Cyril Ramaphosa, who sought to align his nascent presidency as closely as possible with that of President Nelson Mandela in his inaugural State of the Nation (SoNa) address on Friday night, announced that a jobs summit would be convened in the coming months to allow social partners to... 

Jobs summit announced as Ramaphosa delivers message of ‘hope and renewal’
President Cyril Ramaphosa

High Court to hear communities' arguments against Mining Charter on Monday

By: Simone Liedtke     16th February 2018 Mining community networks, which will represent over 150 activists and community-based organisations, will be in the Pretoria High Court from Monday next week to challenge the Mining Charter published by the Department of Mineral Resources in June last year. Mining Affected Communities United in... 

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