Mining legislation and concerns to be tackled this year

The outcome of the public hearings held by the Parliamentary portfolio committee on mineral resources as part of its review of the 2010 Mining Charter, as well as the Mineral and Petroleum Resources Development amendment Bill, currently scheduled...

Industry failures sow ‘terrible’ nationalisation seeds – Ramaphosa

Businessman and National Planning Commission (NPC) deputy chairperson Cyril Ramaphosa laid much of the blame for the current “ferment” around mine nationalisation at the door of the industry, which he said had failed to live up to its...

Now Mineral Resources Minister must turn step change into sea change

Turnaround Tuesday was crucial for South Africa's mining industry and for South Africa's reputation as an investment destination.

Economic development of communities aided by close mine involvement

Mining companies that work closely with local communities have a greater positive effect on local economic development than companies that only sponsor or take over projects to meet their legal obligations to be allowed to mine in an area, says...

Anglo needing another 1 000 MW 
to power its mines, Cynthia Carroll tells Mining Weekly

It’s not easy to get to interview Cynthia Carroll but Mining Weekly, once again, took its chance to question to the Anglo American CEO as she loomed large on the big screen in Johannesburg from the 2009 results presentation under way in...

Mining Charter dialogue 'very constructive' – AngloGold Ashanti

A confidential peek given by the South African government to the revised Mining Charter was "very encouraging", AngloGold Ashanti CEO Mark Cutifani said on Wednesday. Cutifani said in answer to a question from JP Morgan mining analyst Allan Cooke...

Are Mining Charter and Codes of Good Practice bedfellows?

Cast in stone is that South Africa’s Mining Charter must be reviewed every five years to see how well it is doing and that deadline is coming up in October.

Vague legislation, regulatory uncertainty impedes empowerment

The Mineral and Petroleum Resources Development Act of 2002 (MPRDA) is one of the few pieces of legislation that gives direct effect to socioeconomic empowerment objectives. Key licensing provisions of the MPRDA, however, have led to regulatory...

Rand’s volatility, power and legislation key issues facing SA mining – Nkosi

The volatility of the rand, electricity supply concerns and the legislative environment are among the biggest challenges set to continue facing the mining industry, the Chamber of Mines highlighted during its annual general meeting on Tuesday....