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Legislative Environment News

Zim platinum miner reports positive quarter

     8th September 2017 JSE-listed platinum group metals producer Impala Platinum subsidiary Zimplats experienced a positive period in the quarter ended June 30, reporting a safety milestone, greater tonnes mined and ore milled, and revenue growth. During the quarter, Zimplats recorded 365 lost-time-injury- (LTI-) free... 

Krugerrand dealers no longer required to be members of association

By: Ilan Solomons     8th September 2017 The Competition Commission and precious metal smelting and refining complex Rand Refinery have agreed that dealers of Krugerrands no longer have to be members of the South African Association of Numismatic Dealers (SAAND). The agreement follows an investigation by the commission into allegations... 

Krugerrand dealers no longer required to be members of association
Photo by South African Mint
TERMS OF AGREEMENT In terms of the agreement, Rand Refinery has undertaken to remove all clauses, in relation to the requirement, from its application forms as well as its website

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

By: Mia Breytenbach     8th September 2017 Following the breakthrough of opening the first new mine in Gauteng, South Africa, in the last 12 years, which is being developed by producer SepFluor’s wholly owned Nokeng fluorspar mine, the company aims to become vertically integrated in the fluorspar value chain in future. Fluorite ore is... 

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

Myriad of opportunities in Zim’s mining sector

     8th September 2017 Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This is according to the investment promotion body Zimbabwe Investment Authority‘s Invest in Zimbabwe... 

Myriad of opportunities in Zim’s mining sector
Photo by Bloomberg
DIAMONDIFEROUS Zimbabwe has deposits of high-quality diamonds, which are in high demand on the global market

South African mining must be made globally competitive – Motsepe 

By: Martin Creamer     7th September 2017 All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination, said African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe on Thursday, when he declared the black-controlled company’s highest-ever dividend.... 

South African mining must be made globally competitive – Motsepe
All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination. Video and editing: Darlene Creamer 7.9.2017

Nedlac rejects union bias claims

By: Sane Dhlamini     7th September 2017 The National Economic Development and Labour Council (Nedlac) on Thursday rebuffed claims that it was biased when issuing Section 77 certificates to applying trade unions.  Section 77 certificates protect workers who take part in socioeconomic protests. 

Nedlac rejects union bias claims

New Queensland mines legislation provides for civil penalties

By: Esmarie Swanepoel     7th September 2017 The Queensland government has introduced new legislation to impose penalties on mine operators that fail to keep workers safe. Natural Resources and Mines Minister Dr Anthony Lynham said on Thursday that the Mines Legislation (Resources Safety) Amendment Bill, introduced to Parliament, would... 

South African Mines Minister unabashed over new Mining Charter

By: Esmarie Swanepoel     7th September 2017 South Africa’s Mineral Resource Minister Mosebenzi Zwane on Thursday stuck to his guns about the introduction of the much-maligned Mining Charter, telling a mining conference audience in Perth that it was the prerogative of the government to ensure policy and regulatory certainty. Zwane said at... 

South African Mines Minister unabashed over new Mining Charter
Photo by Bryan Charlton
South African Mineral Resources Minister Mosebenzi Zwane speaking at the Africa Downunder Conference, in Perth, Australia.

Talk of Kyrgyz settlement sends Centerra stock higher

By: Henry Lazenby     7th September 2017 The value of Canadian miner Centerra Gold’s TSX-listed stock rose as much as 10% on Wednesday, following Kyrgyz media reports on a proposed settlement of the long-standing dispute between the company and the Kyrgyzstan government. Kyrgyz media reported on government statements made to a... 

Acid mine water used to recover gold from dumps – DRDGold 

By: Martin Creamer     6th September 2017 Acid mine drainage (AMD), which is water that has been polluted as a result of mining activity, is being used to relieve the cost burden of the large volume of water needed to recover gold from mine dump material, as well as lower the demand placed on scarce drinking water. Surface mining company... 

Acid mine water used to recover gold from dumps – DRDGold
DRDGold CEO Niël Pretorius outlines to Mining Weekly Online’s Martin Creamer the company’s use of AMD. Video and Video Editing: Darlene Creamer.

Expensive mine dump vegetation going up in flames – DRDGold 

By: Martin Creamer     5th September 2017 Surface mining company DRDGold, which has spent more money on vegetating tailings dams in the last ten years than it has paid dividends to shareholders, is seeing its dump vegetation effort going up in smoke at the same time as it comes under criticism from a leading nongovernmental organisation... 

Expensive mine dump vegetation going up in flames – DRDGold
DRDGold CEO Niël Pretorius broaches tailings treatment consolidation with Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer 5.9.2017

WA examining legislative fix to provide miners with security of tenure

By: Esmarie Swanepoel     5th September 2017 The Western Australian government is considering changes to the Mining Act to clear up uncertainty around the grant of mining leases. The move comes after mining personality Andrew Forrest in August won a High Court bid preventing two junior sand miners from gaining access to his family pastoral... 

WA examining legislative fix to provide miners with security of tenure
Photo by Bloomberg
Andrew Forrest

WA fracking moratorium bad for investment – industry

By: Esmarie Swanepoel     5th September 2017 The Australian Petroleum Production & Exploration Association (Appea) has slammed a decision by the Western Australian government to ban fracking in the South West, Peel and Perth metropolitan regions, as well as imposing a moratorium throughout the rest of Western Australia. “The government... 

DRDGold shrugs off challenges, declares final dividend

By: Martin Creamer     5th September 2017 Surface material gold mining company DRDGold on Tuesday declared a final dividend of 5c a share despite the challenging 12 months to June 30. DRDGold CEO Niël Pretorius described the company's exacting 2017 financial year as positioning the company well for the 2018 financial year and beyond. 

DRDGold shrugs off challenges, declares final dividend
Photo by Duane Daws
DRDGold CEO Niël Pretorius

India to amend legislation to allow for auctions of offshore minerals 

By: Ajoy K Das     4th September 2017 India’s Mines Ministry is reframing the rules and legislation for offshore mineral exploration and extraction to bring it in line with legislation governing onshore mineral auctions. The Mines Ministry has drawn up amendments to the Offshore Mineral Development and Regulation Act 2002 for... 

Challenges delay miner’s housing project

By: Nadine James     1st September 2017 The Gabonewe Housing Estate Development project, located near the town of Ledig in the North West province, has been delayed by various challenges, including cost constraints and stakeholder integration, says South African platinum group metals miner Wesizwe Platinum. Wesizwe’s Sustainable... 

Challenges delay miner’s housing project
PERSISTENT PROGRESS The development of the Bakubung platinum mine and its housing estate continue, despite economic challenges

Despite high upfront costs, technology investments yield long-term savings – BMI

By: Mia Breytenbach     1st September 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Despite high upfront costs, technology investments yield  long-term savings – BMI
LONG-TERM BENEFIT BMI expexts long-term cost savings to benefit companies that are ahead of the curve when it comes to prioritising green strategies

Debate on land rehab for future farming comes to the fore as mine closures increase

By: Dylan Slater     1st September 2017 As the mining industry winds down from the supercycle, thereby also coming under increasingly constrained budgets as markets tighten up and commodity prices fall, more mines are closing and, subsequently, the need for their rehabilitation is coming to the fore.  

Debate on land rehab for future farming comes to the fore as mine closures increase

Show expected to achieve further growth

By: Nica Schreuder     1st September 2017 The number of exhibitors and visitors taking part in the Electra Mining Botswana exhibition and conference, since its inception in 2013, has increased by 17% and 8% respectively, with this years’ event expected to attract further key industry players in the mining, industrial and power generation... 

Show expected to achieve further growth
PROMISING PODIUM Electra Mining Botswana is said to be fast becoming a major mining exhibition and networking platform

Opportune time to invest in Botswana

By: Nica Schreuder     1st September 2017 The subdued global mining industry, owing to depressed commodity prices, has prompted Botswana to find alternative economic growth areas in other sectors of the country’s economy, simultaneously providing a prime investment opportunity, says Botswana Chamber of Mines (CoM) CEO Charles Siwawa.... 

Opportune time to invest in Botswana
Photo by Bloomberg
LIMITED OFFER Diamonds are a finite resource, which has prompted diamond-rich Botswana to diversify its economy

Palladium-propelled US buy quickly paying its own way – Sibanye-Stillwater 

By: Martin Creamer     31st August 2017 Not only has the palladium price soared by 64% since Sibanye began discussions for the acquisition of Stillwater Mining, the world’s largest primary palladium producer, but the Stillwater operation itself has also performed well under its new owner. At current basket prices, Stillwater will pay... 

Palladium-propelled US buy quickly paying its own way – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman speaks to Mining Weekly Online’s Martin Creamer on the Stillwater mine’s palladium endowment. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Tharisa, Lonmin in PGM-rich metal alloys accord

By: Martin Creamer     31st August 2017 Platinum- and chrome-mining company Tharisa is to commission a 1 MW pilot-scale furnace to produce metal alloys rich in platinum-group metals (PGMs). Tharisa, headed by CEO Phoevos Pouroulis, is taking this action through its beneficiation research and development subsidiary Arxo Metals, which... 

Tharisa, Lonmin in PGM-rich metal alloys accord
Tharisa CEO Phoevos Pouroulis

Krugerrand dealers no longer required to be members of SAAND

By: Ilan Solomons     30th August 2017 The Competition Commission and precious metal smelting and refining complex Rand Refinery have agreed that dealers of Krugerrands no longer have to be members of the South African Association of Numismatic Dealers (SAAND). The agreement follows an investigation by the commission into allegations... 

Krugerrand dealers no longer required to be members of SAAND
Photo by Duane Daws
In terms of the agreement, Rand Refinery has undertaken to remove all clauses, in relation to the requirement, from its application forms as well as its website

Unnurtured mining industry will disappear – Sibanye-Stillwater 

By: Martin Creamer     30th August 2017 An unnurtured South African mining industry will disappear, Sibanye-Stillwater CEO Neal Froneman warned on Wednesday, when he slated the regulator for allowing illegal mining activity to spiral out of control and for causing equity risk and the cost of capital to rise, placing mining companies at... 

Unnurtured mining industry will disappear – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman at company rebranding covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Northam ploughs 80% more funding into platinum jewellery marketing 

By: Martin Creamer     30th August 2017 Platinum group metals (PGMs) mining company Northam Platinum has increased its contribution to the industry’s funding of the marketing of platinum jewellery. In the 12 months to June 30 next year, its contribution will be $900 000, 80% up on the $500 000 contributed in the financial year just... 

Northam ploughs 80% more funding into platinum jewellery marketing
Northam Platinum CEO Paul Dunne reveals marketing funding to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel da Silva.

Freeport stock slides on Indonesian Grasberg copper/gold mine divestment plan

By: Henry Lazenby     29th August 2017 The world’s largest publicly traded copper miner Freeport-McMoRan (FCX) has agreed, in principle, to divest its flagship asset, giving Indonesia a 51% stake of the massive Grasberg copper/gold mine. The Phoenix, Arizona-based miner's announcement sent the company’s NYSE-listed stock falling... 

Freeport stock slides on Indonesian Grasberg copper/gold mine divestment plan

Namibia black-ownership plan risks repeating South Africa's errors

By: Bloomberg     29th August 2017 A plan by Namibia, among the world’s most economically unequal nations, to better distribute wealth among its citizens may end up the way neighbouring South Africa’s has – benefiting an elite minority. The nation is working on a law that will require all businesses to be at least a quarter owned... 

Zwane calls on mining sector to prioritise health and safety

By: Natasha Odendaal     28th August 2017 As rescue operations continue at Harmony Gold's Kusasalethu mine after a fall-of-ground on Friday, Mineral Resources Minister Mosebenzi Zwane has appealed for “extra caution” to be taken on health and safety in the mines. The fall-of-ground, which was triggered by a seismic event some 3 100 m... 

Queensland bans underground coal gasification

By: Esmarie Swanepoel     28th August 2017 Underground coal gasification (UCG) has officially been banned in Queensland after the state Parliament last week passed legislation to that effect. Natural Resources and Mines Minister Dr Anthony Lynham said the risks that UCG posed outweighed any potential positives. 

Tax benefits for demonstrated energy savings at mines

     25th August 2017 Fuel solutions provider Masana Petroleum Solutions strongly urges companies to take advantage of the Section 12L Energy Tax Incentive, under South Africa’s Income Tax Act, before it is too late, as this opportunity is limited until 2020. 

Tax benefits for demonstrated energy savings at mines
FUEL FOCUS Masana offers mines high-performance products and fuel management systems for improved haul road efficiencies and reduced heavy equipment maintenance

Appointments follow acquisition of only US PGMs miner

     25th August 2017 Independent mining group Sibanye has appointed three executives following its acquisition of the only platinum group metals (PGMs) miner in the US, Stillwater Mining, in May, when its organisational structure subsequently repositioned from a divisional commodity structure to a geographical... 

Appointments follow acquisition of only US PGMs miner
POSITIVE PLAY Sibanye boasts a substantial South African platinum group metals portfolio and, with Stillwater enhancing this, is positioned to play a leading role in the international industry

Contrasting outlooks for platinum, palladium

     25th August 2017 The platinum market is expected to recover from its fifth consecutive year of supply shortage, in 2016, by posting surplus output in 2017, whereas the palladium market will widen its deficit in 2017, cancelling out progress made during 2016 in reducing this shortfall. This is according to... 

Contrasting outlooks  for platinum, palladium
Photo by Bloomberg
DRIVING PLATINUM Automotive and industrial demand were at multiyear highs in 2016

Platinum company advancing women

By: Nica Schreuder     25th August 2017 Platinum mining and marketing company Impala Platinum’s (Implats’) programmes and initiatives to advance women in mining have received good participation, with the company reporting that women comprise 11% of its workforce. Implats, which has five main operations in South Africa’s Bushveld... 

Seventh platinum conference to be held in October

     25th August 2017 Platinum producer Anglo American Platinum mining head Frik Fourie is scheduled to present a keynote address on how to make the South African mining business globally attractive again at the South African Institute of Mining and Metallurgy (SAIMM’s) seventh International Platinum Conference –... 

Seventh platinum conference to be  held in October
TECHNICAL TOURS The first of the Platinum 2017 conference's technical tours will take place at Mogalakwena, the world’s largest openpit platinum mine

Central African Republic, South Africa ink mineral development MoU

By: Ilan Solomons     25th August 2017 A memorandum of understanding (MoU) between the Central African Republic (CAR) and South Africa has been entered into based on “friendship and common interests” to cooperate on mineral and upstream petroleum development. CAR Minister of Mines, Energy and Hydrology Leopold Mboli-Fatrane earlier... 

Central African Republic, South Africa  ink mineral development MoU
Photo by Duane Daws
MOSEBENZI ZWANE The Minister has signed a cooperation agreement on mineral and upstream petroleum development with the Central African Republic

Forum welcomes adoption of mercury convention

By: Ilan Solomons     25th August 2017 The Intergovernmental Forum on Mining, Metals, Minerals and Sustainable Development (IGF) has welcomed the “successful adoption” of the Minamata Convention on Mercury, which came into force on August 16. “The convention is a crucially important global treaty aimed at protecting human health and... 

Forum welcomes adoption of mercury convention
Photo by Human Rights Watch
HARMFUL SUBSTANCE Exposure to mercury can have serious health impacts including irreversible brain damage

Concern raised over lack of support for coal roadmap

By: David Oliveira     25th August 2017 After being released in July 2013, the South African Coal Roadmap (SACRM) has suffered the fate of which it warned industry, effectively ‘falling off a cliff’, with there having been no impetus by government or coal miners to implement any of the study’s recommendations. The SACRM was developed... 

Concern raised over lack of support for coal roadmap

Despite high upfront costs, technology investments reap long-term savings – BMI

By: Mia Breytenbach     24th August 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Despite high upfront costs, technology investments reap long-term savings – BMI

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