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Legislative Environment News

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... 

Mining mechanisation could create ‘massive’ employment challenges – Harwood 

By: Nadine James     16th February 2018 Despite positive sentiment and improving commodity prices, the African mining industry continues to face immense challenges, says Montero Mining and Exploration CEO Dr Antony Harwood. Addressing the African Mining Network’s (AMN’s) thirty-ninth networking dinner, on Thursday evening, he touched... 

Mining mechanisation could create ‘massive’ employment challenges – Harwood
Photo by Duane Daws
ANTONY HARWOOD Fear of the other could become fear of the robot

Leon expects mining industry to have a future under Ramaphosa’s Presidency

By: Nadine James     16th February 2018 Herbert Smith Freehills partner and Africa co-chairperson Peter Leon is cautiously optimistic that the changes signalled by newly elected President Cyril Ramaphosa will benefit South Africa’s economic recovery. In a speech to the British Chamber of Business in South Africa on Thursday evening, he... 

Leon expects mining industry to have a future under Ramaphosa’s Presidency
Photo by Duane Daws
Herbert Smith Freehills partner and Africa co-chairperson Peter Leon

Call to entice investment in Canada’s exploration, mining

By: Donald Makhafola     16th February 2018 Although there was a prolonged downturn from 2012 to 2016 in the global mineral industry, the outlook for exploration financing and expenditures continues to improve. However, while there was a significant recovery globally in 2017, the recovery was only modest in Canada, says industry... 

Call to entice investment in Canada’s exploration, mining
EXPLORATION EDGE The Prospectors and Developers Association of Canada wants a conducive environment to improve Canada's mineral exploration and mining competitiveness

Attendees set to return to PDAC 2018 Convention

By: Donald Makhafola     16th February 2018 More than 24 000 attendees, including investors and exhibitors from 130 countries, are expected at industry organisation the Prospectors and Developers Association of Canada's (PDAC's) annual PDAC International Convention, Trade Show and Investors Exchange, in Toronto, Canada, from March 4 to 7.... 

Attendees set to return to  PDAC 2018 Convention
CURRENT TRENDS Thousands of delegates, including exhibitors and investors, are expected at this year's Prospectors & Developers Association of Canada convention

Lengthy permitting process affecting investment in US mining

By: Donald Makhafola     16th February 2018 The lengthy, outdated and burdensome permitting process involving federal, state and local authorities is currently the biggest barrier to new mining investment in the US, says mining-focused US trade organisation the National Mining Association (NMA). Despite having abundant mineral resources,... 

Lengthy permitting  process affecting  investment in US mining
SAFETY IS CORE The National Mining Association's mining safety initiative, Core Safety, registered zero fatalities for its 29 participating companies last year

Nico project potentially to start early next year

By: Donald Makhafola     16th February 2018 The two-year construction of the Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, could start in early 2019 on receipt of the project financing and remaining regulatory approvals, which are expected later this year. “The environmental-impact assessment (EIA) approvals... 

Nico project potentially to start early next year
ROBIN GOAD Canadian mining and exploration companies operate in a globally competitive market and are price takers

North America’s mining industry eyeing growth

By: Donald Makhafola     16th February 2018 The North American mining sector is earmarked for growth this year, owing to rising commodity prices, despite challenges, which include rising environmental concerns over water use and water source contamination through mining operations, says advisory firm Deloitte Canada Americas mining leader... 

North America’s mining industry  eyeing growth
Photo by Bloomberg
PRICE HIKE BENEFITS Mining in North America is expected to grow because of an increase in the prices of commodities such as gold

There is new energy to ease mining industry conflict – Scholes

By: Mia Breytenbach     16th February 2018 There appears to be new political resolve to mend the relationship between the mining industry and the Department of Mineral Resources, says specialised law firm Malan Scholes director Hulme Scholes. Speaking at the IHS Markit South African Coal Export Conference, in Cape Town, on Thursday, the... 

There is new energy to ease mining industry conflict – Scholes
Photo by Duane Daws
HULME SCHOLES For the first time . . . we will see the trust deficit between the mining industry and department close

Sound policy, low risk key to attracting mining investment

By: Henry Lazenby     16th February 2018 The global equity markets have been extremely volatile in recent weeks, extending a frantic selloff in US stocks that culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... 

Sound policy, low risk key to attracting mining investment

Indian mineral royalty rate revision on the cards

By: Ajoy K Das     15th February 2018 Signaling an imminent revision in royalties payable, barring coal, lignite and sand, the Indian government has constituted a study group to review existing rates, recommend any revision and suggest policy changes in administration of the royalty regime. According to a government order, the... 

Solidarity calls for Mining Charter to be set aside

By: Anine Kilian     14th February 2018 Trade Union Solidarity on Wednesday disclosed the contents of documents it has submitted as part of a court case to have the third iteration of the Mining Charter set aside. Speaking at a media briefing, in Pretoria, Solidarity research industry head Connie Mulder said the trade union would act... 

Gold Fields going all out to put South Deep gold mine into black 

By: Martin Creamer     14th February 2018 Gold Fields is going all out to push Gauteng's uniquely mechanised deep-level South Deep gold mine into the black once and for all. The company is ploughing R200-million a year into training, which it believes will set South Africa on an exciting new successful course in the pioneering fields of... 

Gold Fields going all out to put South Deep gold mine into black
Gold Fields CEO Nick Holland talks to Mining Weekly Online’s Martin Creamer on plans for South Deep. Video and Video Editing: Nicholas Boyd.

Tahoe burnishes CSR profile in undertaking to develop indigenous peoples policy

By: Henry Lazenby     14th February 2018 Embattled Canadian miner Tahoe Resources has given itself until the end of the year to formalise a comprehensive new indigenous peoples policy as it deals with community protests in Guatemala, that has shuttered operations at its flagship Escobal silver mine for months. The policy is aimed at... 

Harmony's headline earnings soar, eight die, Moab transferred

By: Martin Creamer     13th February 2018 Harmony Gold on Tuesday reported improved earnings, production, grade and costs in the six months to December 31, but regrettably also eight fatalities. While Mining Weekly Online was engaged in the media conference, the transfer of ownership of Moab Khotsong assets to Harmony became official,... 

Harmony's headline earnings soar, eight die, Moab transferred
Photo by Duane Daws
Harmony Gold CEO Peter Steenkamp

Australia Parliament debates junior exploration tax incentive

By: Creamer Media Reporter      13th February 2018 The legislative debate in the federal Parliament to implement the Junior Minerals Exploration Tax Incentive (JMEI) is to resume on Tuesday evening, potentially bringing the incentive one step closer to implementation. Association of Mining and Exploration Companies (AMEC) CEO Warren Pearce said... 

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

By: Henry Lazenby     9th February 2018 Ottawa on Thursday tabled new legislation to improve the federal environmental assessment process for mining projects. The legislation is aimed at strengthening and restoring the credibility of Canada's environmental laws. 

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

Proposed DRC tax could boost Swedish cobalt project

     9th February 2018 If the Democratic Republic of Congo (DRC) applies its plan to more than double tax on two-thirds of the global cobalt supply, high-grade energy metal deposits explorer and developer Sienna Resources says this could potentially increase the cost of the critical battery metal just as the world... 

Proposed DRC tax could boost Swedish cobalt project
Photo by Bloomberg
SUPPLY AND DEMAND If the Democratic Republic of Congo applies its plan to more than double a tax on cobalt supply, it could create an even larger demand for non-DRC sourced cobalt

Mining code reform feasible, encouraged

By: Tasneem Bulbulia     9th February 2018 It is possible, and even necessary, for the Democratic Republic of Congo (DRC) to pursue a reform of its 2002 mining code tax regime and find a compromise acceptable to all parties, according to findings of international nonprofit policy and research institute the National Resource Governance... 

Mining code reform feasible,  encouraged
MINING REFORM The Democratic Republic of Congo’s revised mining code will aim to address gaps in transparency and community development

South African government to gradually legalise illegal mining – Oliphant

By: African News Agency      8th February 2018 Deputy Mineral Resources Minister Godfrey Oliphant said on Thursday the South African government had taken a decision to gradually regularise the activities of illegal miners on a merit basis. Illegal mining is prevalent in South Africa, and forms part of an underground economy, with spates of... 

Jubilee’s Zambia JV hit with mining right termination notice

By: Natasha Odendaal     8th February 2018 Dual-listed Jubilee Metals Group remains supportive of its joint venture (JV) partner BMR Group after a surprise mining right termination notice was issued for the Kabwe lead/zinc/vanadium project, in Zambia, from the Mining Cadastre Department of Zambia. BMR Group plans to appeal the notice,... 

Resources Watch  

     8th February 2018 Wind of change sees DMR grant prospecting licences to De Beers And, AMSA weighs asset disposals as losses mount, debt rises and rand strengthens 

Resources Watch
Resources Watch

Tanzania lays down the law on local participation in mining sector

By: Anine Kilian     7th February 2018 The mining industry in Tanzania is adopting a wait-and-see approach following the government’s sweeping changes to mining regulations, aimed, in part, at ensuring sovereign ownership of the country’s natural resources. Over the past 12 to 18 months – and as recently as last month – there has been... 

Mining Charter should be withdrawn – Frans Baleni

By: Martin Creamer     7th February 2018 In the spirit of meaningful dialogue, the Mining Charter should be withdrawn and all key stakeholders must have a serious dialogue about the future of a sustainable mining industry in South Africa, Mining Indaba advisory board member and former leading mining trade unionist Frans Baleni said on... 

Mining Charter should be withdrawn – Frans Baleni
Photo by Duane Daws
Frans Baleni

US Army Corps of Engineers selects third-party contractor to complete Pebble EIA 

By: Henry Lazenby     6th February 2018 The TSX-listed equity of copper/gold project proponent Northern Dynasty Minerals gained about 11% on Tuesday, after the US Army Corps of Engineers (USACE) announced that it had appointed a third-party contractor to undertake an environmental-impact assessment for the controversial Pebble project,... 

US Army Corps of Engineers selects third-party contractor to complete Pebble EIA
Photo by Northern Dynasty Minerals
An environmental assessment is underway on Northern Dynsaty Minerals' Pebble low-grade copper/gold project, in South-West Alaska

Investment poised to increase in Chile – central bank survey

By: Reuters     6th February 2018 Chile's economy is poised to improve by mid-year as rebounding copper prices and President-elect Sebastian Pinera's promise of business-friendly policies increase optimism among investors, according to a central bank survey released on Tuesday. The study, which surveyed the perceptions of more... 

'Quarteritis’ damaging gold mining – Bristow

By: Martin Creamer     6th February 2018 ‘Quarteritis’ – short-term thinking in a long-term business – is terribly damaging, Randgold Resources CEO Dr Mark Bristow said on Tuesday. Speaking on day-two of the Mining Indaba, Bristow advocated an holistic approach to the mining of gold orebodies and bringing to an end the practice of high... 

'Quarteritis’ damaging gold mining – Bristow
Photo by Martin Creamer
Randgold Resources CEO Dr Mark Bristow

Randgold Resources achieves record production, reduces cost in high-performance year

By: Mia Breytenbach     5th February 2018 Randgold Resources has, for the seventh consecutive year, increased its gold production, boosting output by 5% year-on-year to 1.32-million ounces and exceeding the guidance for 2017. The miner has further reduced its total cash cost by 3% to $620/oz – the lowest level in six years. 

Randgold Resources achieves record production, reduces cost in high-performance year
Photo by Duane Daws
Randgold CEO Mark Bristow

Mining Charter will achieve only ‘narrow transformation’

By: Tasneem Bulbulia     2nd February 2018 The third iteration of the Mining Charter, which is set for court review this month, is “destructive, and should be repealed in its entirety” as it will lead to only “narrow transformation”, says research and policy organisation South African Institute of Race Relations (IRR) policy fellow John... 

Mining Charter will achieve  only ‘narrow transformation’
Photo by Duane Daws
BLEAK PROSPECTS It is predicted that the Mining Charter will negatively affect the industry and will result in fewer applicants for mining rights and prospecting rights

Institute emphasises empowerment alternative

By: Tasneem Bulbulia     2nd February 2018 Government’s predilection for black economic empowerment (BEE) policies, which will be intensified should the new Mining Charter be implemented, will never achieve proper empowerment and transformation in the mining industry, posits research and policy organisation South African Institute of Race... 

Institute emphasises  empowerment alternative
Photo by Duane Daws
ALTERNATIVE POLICY An Economic Empowerment for the Disadvantaged policy would assist South Africans currently hampered by poor schooling, bad housing and a failing healthcare system

New mining legislation a concern for pumps supplier

By: Paige Müller     2nd February 2018 The potential negative impact on the business of mechanical seals, rotating and engineering protection, and sealing equipment supplier Mechanical Rotating Solutions (MRS) of Mining Charter Three, should it be implemented, is a concern for the Pretoria-based company. Speaking exclusively to Mining... 

New mining  legislation a concern for pumps supplier
TRENDING TECH The MRS mobile pumps set answers the demand in the mining industry for a solution that can be rapidly deployed to allow for functional water management in a cost-effective manner

Canada's Trudeau says Kinder Morgan pipeline expansion to proceed – radio

By: Reuters     1st February 2018 Prime Minister Justin Trudeau said on Thursday his government would ensure Kinder Morgan Canada’s Trans Mountain oil pipeline expansion is built and added the C$7.4-billion project is not a threat to Canada’s West Coast. Trudeau reiterated the government’s position in two separate radio... 

Canada's Trudeau says Kinder Morgan pipeline expansion to proceed – radio

A modern land run? Trump move opens Utah to mining claims under 1872 law

By: Reuters     31st January 2018 US President Donald Trump’s decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials. Starting at 6 am on February 2... 

Chamber welcomes publication of terms of reference for State capture inquiry

By: Creamer Media Reporter      26th January 2018 The Chamber of Mines (CoM) has welcomed the publication of the much-anticipated terms of reference for the State capture inquiry. The terms, published earlier this week, enabled Deputy Chief Justice Raymond Zondo to start the Commission of Inquiry into State capture, which is expected to take 180... 

South African mining seen a winner as Ramaphosa woos investors

By: Reuters     26th January 2018 South Africa's embattled mining industry could be first in line to benefit from a boost in foreign direct investment (FDI) if the new leader of the ruling party Cyril Ramaphosa implements measures seen as vital to draw in more cash, analysts said. The governing African National Congress (ANC)... 

Stakeholders can look forward to reinforced offering

     26th January 2018 With countless networking opportunities vying for the attention of the numerous decision-makers flocking to Cape Town in February to attend the annual Investing in African Mining Indaba, the event’s organiser has reinforced its offering with the introduction of a Junior Mining Showcase as well as... 

Stakeholders can look forward  to reinforced offering
YOUNG PERSPECTIVE Reflecting the impact of the Fourth Industrial Revolution, the imperative remains to operate sustainably alongside young people’s expectation that mining delivers value for all stakeholders

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