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Time to enlarge the mining industry for the good of all the people of South Africa

By: Martin Creamer     19th October 2018 There are good reasons why the South African mining industry should not be too big, Dutch disease being one of them, but the present size of mining at only 4% to this country’s gross domestic product (GDP) is a lost economic opportunity second to none. Worst of all is that the cause of mining’s... 

On-The-Air (12/10/2018) 

By: Martin Creamer     12th October 2018 The Mining Indaba this week pledged to give South Africa more access than ever to global investors who will be attending the upcoming international event. The government was this week urged to go all out to pull the struggling South African mining industry out of its unnecessary slump. South... 

Releasing exploration companies from onerous regulatory burdens is positive

By: Martin Creamer     12th October 2018 Mining Charter Three does not tie exploration companies down to the obligations it places on new mining licence applicants. Exploration has not been encumbered with 30% black economic empowerment obligations, 5% carried interest for labour, 5% carried interest for communities and the other boxes... 

Mining Indaba intensely focused on driving capital into African mining 

By: Martin Creamer     11th October 2018 An investment pavilion will be introduced at the upcoming Investing in African Mining Indaba to drive capital into African mining with even greater intensity, MD Alex Grose said on Thursday. Speaking to Mining Weekly Online during a media roundtable, Grose also revealed that more time would be... 

MCSA hopes Mandela Platinum Coin will rival Krugerrand

By: News24Wire      5th October 2018 CEO of the Minerals Council South Africa, Roger Baxter, was upbeat following the first day of the Jobs Summit, saying the industry has a proposal to improve platinum demand, a potential growth area. The sector has been in talks with government to develop a Mandela Platinum Rand in honour of the... 

South Africa researching hydrogen storage for platinum-using fuel cells

By: Martin Creamer     5th October 2018 South Africa’s Council for Scientific and Industrial Research (CSIR) is researching innovative hydrogen storage technologies that have the potential to be key enablers of platinum-catalysed fuel cells, which generate clean electricity using hydrogen as a fuel and platinum as a catalyst. The... 

Dr Con Fauconnier latest inductee in South African Mining Hall of Fame 

By: Simone Liedtke     5th October 2018 Dr Con Fauconnier was inducted into the Joburg Indaba’s South African Mining Hall of Fame, this week.   

On-The-Air (05/10/2018) 

By: Martin Creamer     5th October 2018 Minerals Minister Gwede Mantashe this week made a strong call for price-hit platinum to be vigorously marketed; Desperately needed mineral exploration has received a major boost by being freed from regulatory red tape; and China is so impressed with South Africa’s mining investment codes that it... 

Charter continues expropriation of investor returns – Paul Miller

By: Nadine James     5th October 2018 Mining Charter 3 has continued its predecessor’s trajectory of setting a “progressive creeping expropriation of investor returns”, CCP 12J Fund MD Paul Miller told delegates at the Joburg Indaba this week. He noted that South Africa had always relied on attracting foreign capital, adding that the... 

Platinum, gold CEOs say it’s time to bring curtain down on SA’s deep level mining

5th October 2018 By Brendan Ryan – Miningmx The era of deep-level gold and platinum mining in South Africa, which is the world leader in these fields, is drawing to a close with no more deep-level shafts likely to be sunk. 

Greater beneficiation in South Africa not feasible yet

By: Marleny Arnoldi     4th October 2018 Public Investment Corporation mining, beneficiation and energy sector specialist Heidi Sternberg says it is widely believed that South Africa should be beneficiating, since it has much of the world’s gold and platinum resources. “It is a key node for job creation; however, beneficiation requires... 

Mining tech boosts competitiveness, efficiency

By: Marleny Arnoldi     4th October 2018 The miners of today look to create greater efficiencies to ensure their sustainability and profitability, which is greatly enabled with technology, a panel of speakers agreed during day two of the Joburg Indaba. Accenture Resources Africa MD Cameron Tandy said in a separate statement that the... 

Capacitate communities to facilitate more meaningful engagements – Joburg Indaba panel

By: Nadine James     4th October 2018 Communities cannot participate on an equal nor meaningful level with mining companies if they are not adequately capacitated and informed by the industry, Sibanye-Stillwater stakeholder engagement head Thabisile Phumo said in a panel discussion during the Joburg Indaba on Thursday. She stated... 

International investment in South Africa’s mining industry lagging  

By: Marleny Arnoldi     4th October 2018 Although international mining funds are choosing to invest in other jurisdictions, rather than in South Africa’s mining sector, there is still hope for the local mining sector, Anglo American nonexecutive director and Joburg Indaba international investment panel chair Jim Rutherford said on... 

Mathunjwa calls on govt to implement more socialist policies to retain jobs

By: Nadine James     4th October 2018 South Africa should transition from a constitutional democracy to a “social democracy” and implement more socialist policies to retain jobs in the mining sector, suggests Association of Mineworkers and Construction Union (AMCU) president Joseph Mathunjwa. Speaking on the second day of the Joburg... 

Zimplats held up as mine safety benchmark at Joburg Indaba

By: Martin Creamer     4th October 2018 Zimplats platinum mine in Zimbabwe was held up as a safety benchmark at the Joburg Indaba, which on Thursday observed a minute’s silence for mining colleagues fatally injured at work. Opening the second day of the well-attended event, Gold Fields, Kumba Iron Ore and AfriTin director Terence... 

Eskom, coal sector must collaborate to overcome challenges

By: Nadine James     3rd October 2018 Power utillity has not ruled out the possibility of introducing special tariffs for industry, Matleng Energy Solutions chairperson and Eskom nonexecutive director Nelisiwe Magubane noted in an address at the Joburg Indaba on Wednesday. She stated, however, that, to date, the coal mining “industry... 

Exxaro eyes South32's coal assets, export quota - CEO

By: Reuters     3rd October 2018 South African miner Exxaro is eyeing South32's local coal assets, which include an export quota, as it looks to increase its exports, Exxaro's CEO told Reuters on Wednesday. "We have expressed interest at this very early round in the South32 assets," Mxolisi Mgojo said on the sidelines of the... 

South African, global mining industry facing risks – PwC

By: Marleny Arnoldi     3rd October 2018 The challenges facing the local mining industry this year are comparable to those facing the global mining industry, PwC Southern Africa CEO Dion Shango said on the first day of the Joburg Indaba, on Wednesday. He said said there is a strong correlation between the market capitalisation of... 

High administrative costs, industry uncertainty holding mining back

By: Nadine James     3rd October 2018 The mining sector is poised for a positive future but is still hindered by a “harsh” environment, Minerals Council South Africa CEO Roger Baxter stated at the Joburg Indaba, on Wednesday. In his keynote address, titled ‘A harsh environment in South Africa or a new dawn’, he noted that one of the... 

Mantashe calls for marketing of platinum

By: Martin Creamer     3rd October 2018 A platinum Mandela coin should be minted and marketed and platinum-catalysed fuel cells used to power off-grid areas, Mineral Resources Minister Gwede Mantashe said on Wednesday. In his opening speech to the well-attended Joburg Indaba, Mantashe, who is seven months into the job, said he had... 

ITE's emerging market hit takes shine off Mining Indaba deal

By: Reuters     3rd October 2018 Exhibition organiser ITE said it would buy Mining Indaba, the world's largest mining investment conference, from Euromoney, but added that the fall in the Russian rouble, Brazilian real and Turkish lira would hurt 2019 results. The warning took the shine off the Mining Indaba deal, which analysts... 

Joburg Indaba to provide ‘reality check’, promote investment

By: Paige Müller     28th September 2018 This year’s Joburg Indaba will focus heavily on the economic environment and South African government’s role in encouraging investment in the embattled local mining sector, says investment conference specialist and organiser of the Joburg Indaba, Resources 4 Africa. Resources 4 Africa CEO Paula... 

Industry expert to discuss coal, energy crisis

By: Paige Müller     28th September 2018 Coal industry heavyweight and consulting firm XMP Consulting senior coal analyst Xavier Prévost will endeavour to provide the industry with insight into how best to implement “rescue” plans to help stave off the “coal cliff”, at this year’s 2018 Joburg Indaba. Prévost tells Mining Weekly that he... 

Study demonstrates policy and sector decline link

By: Paige Müller     28th September 2018 Country-risk strategy and economics advisory firm Eunomix will release its latest study, completed on August 31, at this year’s Joburg Indaba, in which it demonstrates the causal relationship between the decline of the South African mining sector and the local policy environment. Eunomix CEO... 

Consulting firm optimises project delivery

28th September 2018 Independent advisory and consulting arm of engineering service company WorleyParsons and networking sponsor of this year’s Joburg Indaba, Advisian, is optimising project delivery across Africa. Advisian provides solutions for clients in the hydrocarbons, minerals and metals, chemicals, and... 

Panel discussions around legal uncertainty in SA mining

28th September 2018 Global law firm ENSafrica – a premium sponsor, speaker and panellist at this year’s Joburg Indaba – states that it is eager to take part in this year’s panel discussion themed around legal uncertainty. “With the Joburg Indaba hosting its fourth event this year, it has become one of the... 

Mine digitisation accelerates to ensure profitability

By: Paige Müller     28th September 2018 Professional services firm and corporate partner sponsor of this year’s Joburg Indaba, Deloitte, says the tough operating conditions in the mining industry have resulted in the accelerated uptake of digitisation at South African mines. Deloitte Africa energy and resources leader Andrew Lane – who... 

Industry leaders to tackle concerns at Indaba

By: Paige Müller     28th September 2018 With the economy and Mining Charter front of mind, the 2018 Joburg Indaba – taking place from October 3 to 4 at the Inanda Club, in Johannesburg – will scrutinize the mining industry and the economy, says event organiser Resources 4 Africa. Key speakers will focus on diverse topics, with the... 

Digitalisation at Gamsberg project takes centre stage

By: Paige Müller     28th September 2018 Digitalisation in the mining industry is not something for the future – it is immediate, and is, or should be, the here-and-now of all the work mining companies do as an industry, says global diversified miner Vedanta’s Africa Base Metals CEO Deshnee Naidoo. “Digitalisation is not a threat to... 

Phosa says South Africa should be ‘plotting’ a credible economic strategy 

By: Terence Creamer     20th September 2018 Former African National Congress (ANC) treasurer-general Mathews Phosa made a forthright appeal on Thursday for the creation and implementation of a credible economic strategy, centred on growth and job creation, rather than “vague, ill-timed, conflicting and populist” policies. Speaking at the... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

New Nema regulations hold advantages, disadvantages for mining industry – law firm

By: Marleny Arnoldi     13th September 2018 The mining industry is under constant pressure to demonstrate continued commitment to responsible environmental management and to the concept of sustainable development. There are currently several pieces of environmental legislation being updated or coming to the fore, which the industry will be... 

Ghana President to address delegates at Mining Indaba 2019

By: Marleny Arnoldi     15th August 2018 Ghana President Nana Akufo-Addo will speak at the 2019 Investing in African Mining Indaba, which will be held at the Cape Town International Convention Centre from February 4 to 7. Ghana is considered one of the major mining centres on the African continent; therefore, with Akufo-Addo speaking,... 

Mining Indaba takes home 1st prize for ‘Best large-scale event’ at the 2018 Conference Awards

By: Creamer Media Reporter      10th August 2018 On 29th June 2018 members of the Mining Indaba team attended the London Conference Awards, which took place at the beautiful venue City Central at the HAC. Chosen by judges from a shortlist of 8 finalists, Investing in African Mining Indaba came away with the prestigious title of ‘Best... 

West African mining industry shows strong growth potential

By: Erin Steenhoff-Snethlage     13th July 2018 The crowning of two West African mining projects as the winner and the runner-up of Investment Battlefield at the Investing in African Mining Indaba, held in February this year, indicates strong growth potential for mining and investment attraction in West Africa, says Canadian mineral... 

Cumbre will drive investment, collaboration in Latin America

By: Jessica Oosthuizen     6th July 2018 The focus of this year’s Investing in LatAm Mining Cumbre, one of the world’s largest mining investment conferences run by the same team behind the Investing in African Mining Indaba, is to drive increased investment and collaboration in Latin American mining, says content developer and... 

Junior miners against Mining Charter III, claim they haven’t benefited from previous iterations

By: Nadine James     6th July 2018 SRK Consulting principal geologist and partner Mark Wanless has suggested that despite government’s stated intention of nurturing a junior mining sector, feedback from last month’s Junior Mining Indaba demonstrated that this commitment has yet to be met.  “There is a strong sentiment among junior... 

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