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Mining Indaba Companies Panic about Mining Charter Implementation deadline and compliance with the NEMA Financial Provision Regulations

19th February 2019 The Mining Charter 2018 was a hot topic at the recently held Mining Indaba in Cape Town. With the proposed changes to BEE requirements which prescribes how mining companies are required to involve communities and women in their management and ownership structures, many companies are panicking. 

Govt, industry collaboration needed to create thriving diamond industry – Ernie Blom

By: Simone Liedtke     15th February 2019 World Federation of Diamond Bourses president Ernie Blom has called on Mineral Resources Minister Gwede Mantashe, through an open letter, to put into practice what government has said regarding the development of the South African mining industry, in general, and to help “pave the road to... 

Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress

By: Paige Müller     15th February 2019 Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path.... 

Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress

By: Paige Müller     15th February 2019 Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path.... 

Mining Indaba strengthens continental approach, diamond exploration boosted, precious metals mining has new environmental stricture

By: Martin Creamer     15th February 2019 The Investing in African Mining Indaba has evolved over the last quarter century into an even that has promoted inclusive growth on the continent. A promising axis between South Africa and Ghana was enhanced when President Cyril Ramaphosa challenged mining to take ten value-adding steps to spread... 

Companies at Mining Indaba panic about 1 March 2019 deadline for Mining Charter implementation and compliance with the NEMA Financial Provision Regulations, says Alusani® Course Leader

By: Creamer Media Reporter      14th February 2019 Mining Charter The Mining Charter 2018 was a hot topic at the recently held Mining Indaba in Cape Town. With the proposed changes to BEE requirements which prescribes how mining companies are required to involve communities and women in their management and ownership structures, many companies... 

Local manufacturers to benefit from Mining Charter 3's implementation 

By: Nadine James     14th February 2019 Mining Charter 3 and its Implementation Guidelines have created an environment where it is possible for local manufacturers to leverage procurement capacity to drive transformation, Department of Mineral Resources representative Xolile Mbonambi said at a breakfast held at the Industrial... 

South32 finalising preferred list of coal mine bidders 

By: Martin Creamer     14th February 2019 The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African... 

Prairie mulls international proceedings to resolve Poland dispute

By: Esmarie Iannucci     13th February 2019 The shares in junior coal developer Prairie Mining increased by nearly 24% on Wednesday, after the company confirmed potential international legal proceedings against the government of Poland. Prairie in December 2016, applied to the Ministry of Environment to amend the 50-year concession of its... 

Minerals council applauds Ramaphosa's focus on improving ease of doing business

By: African News Agency      8th February 2019 The Minerals Council South Africa on Friday applauded President Cyril Ramaphosa’s emphasis on improving the ease of doing business in the country during his annual address in Parliament on the state of the nation. The council also welcomed Ramaphosa's commitment to fighting corruption and state... 

Aury Africa aims for expansion into PGMs sector

By: Cameron Mackay     8th February 2019 Screening and vibrating equipment solutions and services provider Aury Africa is planning to expand its operations into the platinum group metals (PGMs) market this year with the introduction of radio-frequency identification (RFID) audit and inspection solutions. Aury Africa regards the local... 

Solar Mining Services helps to boost the Mpumalanga economy 

By: Kim Cloete     7th February 2019 Solar Mining Services, a manufacturer and supplier of explosives, accessories and blasting services for the mining industry, has made strides in growing its business in South Africa. It has created more than 100 jobs and invested R500-million in South Africa since setting up in the country in... 

Junior mining fund under discussion – Minerals Council 

By: Martin Creamer     6th February 2019 A government-initiated fund for prospectors and developers is under discussion with the Public Investment Corporation and the Industrial Development Corporation, Minerals Council South Africa emerging mining head Grant Mitchell said on Wednesday. Speaking at a media conference at the Investment... 

De Beers to spend R30m on diamond exploration this year  

By: Martin Creamer     6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... 

Ramaphosa challenges mining to take ten value-adding steps   

By: Martin Creamer     5th February 2019 President Cyril Ramaphosa on Tuesday challenged the mining industry to take ten value-adding steps to hoist the industry into a potent new orbit across the entire continent. Addressing the Investing in African Mining Indaba, the president said he wished to issue a challenge against the background... 

Industry ready to improve CSI programmes in mining communities

By: African News Agency      5th February 2019 The Minerals Council South Africa said on Tuesday it was working to improve relationships between mines and communities, and to improve the developmental outcomes of companies' corporate social investment programmes. Minerals Council senior executive for public affairs and transformation, Tebello... 

Expect some tough announcements on Eskom soon – Davies 

By: News24Wire      5th February 2019 Eskom is in deep trouble financially and operationally and South Africa is facing enormous challenges in the electricity industry, Minister of Trade and Industry Rob Davies said on Tuesday. Davies was a guest speaker at a round table discussion hosted by the Department of Trade and Industry on... 

Mantashe to investors: Don't listen to doomsayers, invest in SA

By: News24Wire      5th February 2019 Investors must be shown that there are opportunities to make money and that is what we offer them in the South African mining industry, Minister of Mineral Resources Gwede Mantashe said on Tuesday. He was one of the guest speakers at a roundtable hosted by the Department of Trade and Industry... 

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state 

By: Kim Cloete     4th February 2019 Mining and metals company South32 says it is concerned about the challenges that have increasingly threatened the stability of South African power utility Eskom and needs to ensure the continuity of supply of its coal to Eskom in the long run. South32’s South Africa Energy Coal (SAEC) company... 

Mantashe calls for mining investment amid renewed regulatory certainty  

By: Kim Cloete     4th February 2019 Mineral Resources Minister Gwede Mantashe has assured investors it is safe and stable to invest in the South African mining industry, with the return of regulatory certainty and a revised Mining Charter. “There was a lot of policy and regulatory uncertainty for the better part of last year. We... 

Call made for better connection with mining communities, stable regulation

By: Kim Cloete     4th February 2019 Stakeholders in the mining industry have called for stable regulation and agreed that there needs to be more collaboration and communication between mining houses, communities and mineworkers. Anglo American CEO Mark Cutifani told the Investing in African Mining Indaba in Cape Town that mining... 

Mining green shoots sprouting – Minerals Council 

By: Martin Creamer     4th February 2019 Green shoots are sprouting in South Africa’s mining sector, which is readying for new take off, Minerals Council South Africa CEO Roger Baxter said on Monday. In a briefing on the State of the Mining Nation on the sidelines of the opening day of the Investing in African Mining Indaba, Baxter told... 

Increased regulatory certainty bolsters direct foreign investment

By: Paige Müller     1st February 2019 African law firm ENSafrica states that there has been a concerted effort to reintroduce legal certainty into South Africa’s mining and minerals industries in the hopes that a stable legislative and regulatory regime will boost foreign direct investment into these critical industries. Mining is a... 

Uncertainty set to continue until new legislation becomes practice

By: Paige Müller     1st February 2019 The local regulatory environment governing the mining and minerals sectors has improved significantly over the past year; however, international business and industry law firm Allen & Overy (South Africa) expect industry uncertainty to persist until the new legislative and regulatory ammendements... 

Charter still face legal hurdles

By: Paige Müller     1st February 2019 Amid concerns regarding the uncertain future of the South African mining industry, South African corporate and commercial law firm Werkmans Attorneys, has welcomed the publication of Mining Charter III, the Amendment thereto and the Implementation Guidelines on the basis that they bring some... 

Mining and Quarrying Equipment Specialist Osborn is 100

By: Creamer Media Reporter      31st January 2019 South African mining and quarrying equipment specialist Osborn is celebrating its 100th anniversary. “In a sector with many challenges - from declining global commodity prices and constant productivity pressures, to inferior, low-cost equipment flooding the market - not many suppliers remain in... 

DTI to host SA Investment Roundtable at African Mining Indaba

By: Tasneem Bulbulia     29th January 2019 The Department of Trade and Industry (DTI) will, in collaboration with the Department of Mineral Resources (DMR) and Brand South Africa, host a South African Investment Roundtable on the margins of the twenty-fifth Investing in African Mining Indaba, in Cape Town, on February 5. Team South... 

Commitment crucial to achieving transformation objectives – law firm

By: Jessica Oosthuizen     25th January 2019 The local mining industry needs to commit to achieving the transformation objectives of the country, says law firm ENSafrica natural resources and environment director Ntsiki Adonisi-Kgame. “Although the transformation of the mining industry continues to progress, the pace at which the industry... 

Consultancy plans to expand mining capability

By: Jessica Oosthuizen     25th January 2019 Multidisciplinary engineering and environmental consultancy Knight Piésold aims to expand its mining capability and market share, especially in tailings, as well as assist mines in developing renewable-energy projects in remote areas where grid power is unavailable or unreliable, says Knight... 

Mining Charter III empowers women, implementation uncertain

By: Jessica Oosthuizen     25th January 2019 Although the Mining Charter III has made great strides in empowering women, it remains to be seen how well these measures will be implemented, says law firm Cliffe Dekker Hofmeyr corporate and commercial director Mmatiki Aphiri. “The charter now has several provisions specifically catering for... 

Continued investment and development in Africa expected

By: Jessica Oosthuizen     25th January 2019 International metals and minerals consultancy Roskill expects continued interest, investment and development in Africa as the electronic vehicle (EV) revolution continues, says Roskill director Jack Bedder. “Africa has a significant role to play in the lithium-ion battery and EV story. The... 

Exxaro will present coal investment proposition at Indaba

By: Paige Müller     25th January 2019 South African coal and heavy minerals mining company Exxaro Resources will present its coal investment proposition at this year’s Investing in African Mining Indaba. On February 5, Exxaro representatives will present on the main stage at the twenty-fifth annual Investing in African Mining Indaba. 

Mining Charter boosts junior mining

By: Paige Müller     25th January 2019 After 20 years of poor policy and oppressive regulations having all but irradiated South Africa’s junior mining sector, the local junior mining industry is beginning to turn around as a result of the Mining Charter, says minerals explorer Orion Minerals CEO Errol Smart. Serving as Junior Miner... 

More investment expected, despite policy uncertainty

By: Jessica Oosthuizen     25th January 2019 Political and regulatory uncertainty will continue in the lead-up to local elections and will impact on investment decisions in the mining industry, says law firm Hogan Lovells partner and mining head Warren Beech, but he believes that sentiment will improve in the third and fourth quarters. He... 

Company to exhibit at Mining Indaba for third year

By: Jessica Oosthuizen     25th January 2019 Underwriting managing agent Cenviro Solutions, which is underwritten by its parent company Centriq Insurance Company, will for the third consecutive year exhibit at the Investing in African Mining Indaba, to be held at the International Cape Town International Convention Centre from February 4 to... 

Empowered Kwatani benefits local mining industry

By: Schalk Burger     17th January 2019 Industrial and mining vibrating screens manufacturer Kwatani has achieved a level-1 broad-based black economic empowerment (BBBEE) score and is 51% black women-owned. This BBBEE accreditation affords significant benefits to its mining clients that can claim 135% of money spent on Kwatani.... 

Xolobeni community survey to confirm whether mining can proceed

By: Marleny Arnoldi     16th January 2019 Mineral Resources Minister Gwede Mantashe on Wednesday announced the imminent start of an independent survey to be undertaken in Xolobeni, in the Eastern Cape. This follows the Minister’s visit to the community on Tuesday in efforts to gain “full consent” to planned mining and economic activity... 

Xolobeni community survey to confirm whether mining can proceed

By: Marleny Arnoldi     16th January 2019 Mineral Resources Minister Gwede Mantashe on Wednesday announced the imminent start of an independent survey to be undertaken in Xolobeni, in the Eastern Cape. This follows the Minister’s visit to the community on Tuesday in efforts to gain “full consent” to planned mining and economic activity... 

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