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Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

Mining Charter to be gazetted next week

By: African News Agency      21st September 2018 The final Mining Charter would be gazetted next week by Mineral Resources Minister, Gwede Mantashe. The Charter was approved with minor amendments by the September 19 Cabinet meeting. 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Local coal future depends on economic situation

By: Jessica Oosthuizen     21st September 2018 Coal mining currently provides more than 86 000 jobs locally, and this figure will increase as more junior mines are expected to open in the future, provided that the economic situation “does not deteriorate further”, says coal consulting company XMP Consulting senior coal analyst Xavier Prévost.... 

Cabinet’s approval of new Mining Charter a ‘positive’ step – law firm

By: Marleny Arnoldi     20th September 2018 Multinational law firm Herbert Smith Freehills on Thursday welcomed Cabinet’s approval of the new Mining Charter, as well as of the withdrawal of the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, as proposed by Mineral Resources Minister Gwede Mantashe earlier this... 

Cabinet approves new Mining Charter 

By: Reuters     20th September 2018 The South African Cabinet has approved the latest version of the long-delayed mining charter which lay outs requirements for black ownership levels and other targets, a cabinet minister said on Thursday. Communications Minister Nomvula Mokonyane told reporters that more details about the charter... 

Government's economic stimulus package to be made public soon – Presidency

By: African News Agency      17th September 2018 The economic stimulus package adopted by cabinet will reprioritise government spending within the existing fiscal framework towards activities that will stimulate economic activity, the presidency said on Sunday. President Cyril Ramaphosa had "shared" with South Africa’s business and labour... 

South African mining sees considerable decline of 5.2% in July – Stats SA

By: Simone Liedtke     13th September 2018 Mining production in South Africa decreased by 5.2% year-on-year in July, following a 3.7% year-on-year rise in June, mainly as a result of declines in the production of gold, iron-ore, coal and platinum-group metals (PGMs). According to Statistics South Africa (Stats SA), gold decreased by 15%,... 

Collaborative conversation between govt, stakeholders needed to drive mining industry transformation 

By: Simone Liedtke     11th September 2018 Turning around the fortunes of South Africa's mining industry will require greater collaboration between industry stakeholders, Department of Trade and Industry (DTI) director Yusuf Timol said on Tuesday. Speaking at a presentation hosted by the Mining Equipment Manufacturers of South Africa... 

Look out for Kwatani’s ‘Beast’, with sweetener

7th September 2018 Leading vibrating screen and feeder original equipment manufacturer Kwatani will be showcasing customised products big and small at this year’s Electra Mining Africa exhibition, with live demonstrations showing the value of its laboratory test screen. With a replica of the nose of its widest... 

Manufacturer first to undergo SABS local content verification

7th September 2018 South African mineral processing equipment manufacturer Multotec has taken the step of having its local content verified by the South African Bureau of Standards (SABS), in line with the requirements of the 2018 draft Broad-Based Socio-Economic Empowerment Charter for the Mining and Mineral... 

Accelerate processes to ensure timeous recovery of mining sector – govt urged

By: Nadine James     7th September 2018 Integrated infrastructure delivery company AECOM is well-poised to make inroads into the mining industry, says AECOM Africa strategy and growth director Fadzai Nyamasve. She tells Mining Weekly that  although there  is still uncertainty in the market regarding the Mining Charter, AECOM expects... 

Mooted MPRDA Amendment Bill withdrawal an indication govt wants to end regulatory uncertainty, says lawyer

By: Nadine James     7th September 2018 Minerals Resources Minister Gwede Mantashe’s recommendation to withdraw the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill is likely because government wants to remove regulatory uncertainty affecting the mining sector, and in so doing, foster a more attractive investor... 

More value from Multotec through local innovation

6th September 2018 Leveraging digital technologies in its range of mineral processing equipment will again allow Multotec to display new product developments at Electra Mining Africa that optimise recoveries and reduce cost of ownership for mineral processing plants. 

Early adoption of Mining Charter supplier requirements will be a competitive advantage – lawyer

By: Simone Liedtke     6th September 2018 Being an empowered vendor of services and goods to the mining industry will offer significant leverage in supply negotiations, once the draft Mining Charter is promulgated, says law firm Strata Legal MD Brandon Irsigler. The Mining Charter, which Mineral Resource Minister Gwede Mantashe said... 

NUI livens up local market with SA-made tyre fill products

3rd September 2018 Keen to get the jump on the international competition, Gauteng-based National Urethane Industries (NUI) has developed a locally manufactured tyre fill product for industrial and mining tyre use. 

D-Day for public comments submissions on draft Mining Charter

By: African News Agency      31st August 2018 Friday marks the last day for the department of mineral resources to receive written submissions on a draft mining charter which was gazetted for public comment in June. This follows over three months of consultations with stakeholders, including organised labour, organised business and... 

Mining could attract additional R122bn investment over next four years, if policy improves – MCSA

By: Nadine James     31st August 2018 The mining sector could attract an additional R122-billion worth of investment if the policy perception and environment improved to the top quarter of the Fraser Institute’s Policy Perception Index, rather than its current position in the lower quartile, Minerals Council South Africa (MCSA)... 

Economic slowdown impacts on modular building demand

By: Paige Müller     31st August 2018 The local modular building industry has been feeling the pinch for the past three months, owing to a slowdown in economic activity in the sectors it serves, states prefabricated modular buildings supplier Kwikspace Modular Buildings. Kwikspace international executive Liam Cafferty is concerned... 

Market expansion met with growth, demand

By: Paige Müller     31st August 2018 Modular building supplier Speedspace is focusing on alternative market diversification and penetration to bolster its Southern Africa operations amid recent declines in product demand from local mining houses. Speedspace MD Hennie Wiggett tells Mining Weekly that the company anticipated hardships... 

South Africa could create 50 000 more mining jobs – Minerals Council

By: Martin Creamer     30th August 2018 A South Africa moderately more attractive to investors would catalyse the creation of 50 000 more mining jobs and an additional 200 000 jobs overall, Minerals Council South Africa CEO Roger Baxter told the Africa Down Under conference in Perth on Thursday. Speaking a day after Mineral Resources... 

Alternative energy, efficiency augment fossil fuels

By: Erin Steenhoff-Snethlage     24th August 2018 Alternative energy resources, such as natural gas, solar photovoltaic (PV), wind, biomass and energy storage, will play an increasingly important role in Africa’s energy future and particularly for mines, states global engineering, procurement, construction and consulting company Black & Veatch.... 

Solidarity welcomes Mantashe’s proposal to withdraw MPRDA Amendment Bill

By: Marleny Arnoldi     22nd August 2018 Trade union Solidarity on Wednesday said the mining sector’s quest for policy certainty will receive a huge boost if Mineral Resources Minister Gwede Mantashe’s proposal to withdraw the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill is implemented. Business Day reported... 

Mining production increases 2.8% y/y in June

By: Marleny Arnoldi     14th August 2018 Mining production increased by 2.8% year-on-year in June, from a 1.8% decline in May, with the largest positive contributor being platinum group metals (PGMs), which rose by 28.2% and contributed 5.9 percentage points, says Statistics South Africa (Stats SA). Other positive contributors were... 

Hundreds gather in Brits to demand jobs at mines

By: African News Agency      8th August 2018 Hundreds of unemployed people have gathered at the Brits sports ground in the North West province, ahead of a march to mining companies in the area to demand jobs. Provincial chairperson of the Village, Township and Small Dorpies  (VTSD) Chamber of Commerce in North West, Robert Ngwenya, said... 

Draft charter offers opportunity to improve policy certainty, investor perception

By: Simone Liedtke     7th August 2018 The draft 2018 iteration of the Mining Charter, as well as the Mineral and Petroleum Resources Development Act and social and labour plans amendments expected later this year, offer an opportunity to improve regulatory and policy certainty and, subsequently, investor perception in the South... 

Fate of South African gold rests on one giant, loss-making mine

By: Bloomberg     30th July 2018 Three thousand meters below the plains southwest of Johannesburg, teams of miners are toiling to revive the gold industry that underpinned South Africa’s economy for generations. The South Deep mine was built to target the world’s second-biggest known body of gold-bearing ore, a deposit that... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

SA iron-ore industry struggles more than most

By: Paige Müller     27th July 2018 The outlook for the South African iron-ore industry remains “bleak”, owing to stagnant local economic growth, a negative local investment environment and a significant drop in global demand for iron-ore, says commodities market analysis firm Core Consultants MD Lara Smith. She emphasises that the... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

Resources Watch  

26th July 2018 New mining fund raising R750m to co-finance ancillary mine projects And, free-carried interest will foster loyalty among mineworkers 

Minerals Council grilled over gold mining sector stats, low wage increase offer

By: Marleny Arnoldi     25th July 2018 The third round of gold mining sector wage negotiations took place on Wednesday, at which the Minerals Council South Africa was peppered with questions by gold sector unions seeking to gain clarity about feedback on the unions’ demands, especially the low opening offer, said trade union... 

IRS to become a division of Impala Platinum

By: Marleny Arnoldi     25th July 2018 Impala Platinum Holdings (Implats) subsidiaries Impala Platinum and Impala Refining Services (IRS) have entered into a sale of business agreement for Impala to acquire the metal purchase and toll refining operations of IRS for R8-billion. IRS is now a division of Impala, rather than a standalone... 

AngloGold chairperson warns South Africa on 'reckless' mining rules

By: Bloomberg     20th July 2018 South Africa risks driving away new investment and crippling its mining sector if “reckless” new rules are implemented, according to AngloGold Ashanti chairperson Sipho Pityana. The latest Mining Charter, which is aimed at sharing the benefits of the country’s mineral wealth more equally among... 

Perceptions mines are not doing enough for nearby communities fuelling protests

By: Nadine James     20th July 2018 In developed countries, community-based protest action (as opposed to industrial action) against mining companies is primarily related to environmental concerns. In South Africa, community-based protests against mining companies are rooted in socioeconomic issues, such as job creation, and... 

Perceptions mines are not doing enough for nearby communities fuelling protests

By: Nadine James     20th July 2018 In developed countries, community-based protest action (as opposed to industrial action) against mining companies is primarily related to environmental concerns. In South Africa, community-based protests against mining companies are rooted in socioeconomic issues, such as job creation, and... 

South African people can benefit from innovative approach to junior mining promotion

By: Martin Creamer     20th July 2018 Junior mining is being considered as a special case by the powers that be, who are advocating an approach of juniors making special representations, which sounds like the authorities have run out of their own ideas. Certainly, junior mining is not going to get off the ground if it has to bear the... 

Lawyer not ‘distressed’ by possibility of Mining Charter being finalised in October

By: Nadine James     20th July 2018 The successful two-day Mining Summit – proposed by Minerals Resources Minister Gwede Mantashe previously – provided a platform for stakeholders to voice their concerns during, substantive discussions on nearly all aspects of the revised Mining Charter, says Hogan Lovells partner and mining head... 

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