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US court upholds Grand Canyon uranium mining ban, but allows mine nearby

By: Reuters     13th December 2017 A US federal appeals court on Tuesday upheld a lower-court ruling keeping a ban on uranium mining around the Grand Canyon, but also upheld a separate decision allowing a uranium mine nearby to open. The decisions by the Ninth Circuit Court of Appeals, in San Francisco, related to cases argued... 

US challenges Tronox plan to buy Cristal's titanium dioxide business

By: Reuters     6th December 2017 The US government has filed a complaint aimed at stopping chemical maker Tronox from purchasing Cristal's titanium dioxide business, the Federal Trade Commission said. The companies are two of the three top suppliers of chloride process titanium dioxide, used to make paint, plastic, paper and... 

Trump to shrink Utah monuments holding artifacts, minerals

By: Bloomberg     5th December 2017 President Donald Trump said Monday that he’ll shrink two national monuments in Utah that contain stunning red-sandstone vistas, historic relics and energy resources, arguing his predecessor overstepped in protecting the land. Trump travelled to Salt Lake City for the announcement, and also met... 

Nkhesani Masekoa

By: Martin Creamer     1st December 2017 This week Mining Weekly featuers Nkhesani Masekoa, the Chief Research Operations Officer of the Mine Health and Safety Council of South Africa 

EPA to hold its one hearing on climate rollback in coal country

By: Bloomberg     29th November 2017 The Trump administration is holding its one public hearing on rolling back President Barack Obama’s regulations limiting carbon emissions from power plants – and it will be in West Virginia. While the Environmental Protection Agency leadership under Obama steered clear of the coal-producing... 

Four NGOs file federal suit to overturn Hudbay’s Rosemont Forest Service RoD

By: Henry Lazenby     28th November 2017 Four nongovernmental organisations (NGOs) have filed a federal lawsuit in the US District Court seeking declaratory and injunctive relief against the US Forest Service for issuing Canadian miner Hudbay Minerals’ Rosemont copper project, in Arizona, a positive ‘record of decision’ (RoD) in June.... 

Olebogeng Sentsho

By: Martin Creamer     10th November 2017 This week Mining Weekly features Olebogeng Sentsho, Head of Operations of Yeabo Mining, which provides strategic management of waste products on mining operations 

UK's Johnson to visit Washington for Iran nuclear deal talks

By: Bloomberg     8th November 2017 UK Foreign Secretary Boris Johnson will fly to Washington in an attempt to persuade the US not to abandon the Iran nuclear deal, as he battles to save his own job in London. Johnson will meet senior Republicans and Democrats to discuss the importance of the nuclear security agreement, amid... 

Obama administration's decision on uranium sale probed by House

By: Bloomberg     25th October 2017 US House committees are investigating why former President Barack Obama’s administration allowed a Russian-backed company to purchase American uranium mines in 2010. The House Intelligence and Oversight panels will look into the matter, Devin Nunes, a California Republican who is chairperson of... 

ECSA renews Wits School of Mining accreditation

By: Dylan Slater     20th October 2017 The accreditation of University of the Witwatersrand’s (Wits) School of Mining Engineering has been renewed for another five-year cycle by the Engineering Council of South Africa (ECSA).  

Gold extends rally to 2017 high as North Korea test adds to angst

By: Bloomberg     29th August 2017 Gold rose to the highest this year after North Korea fired a ballistic missile over Japan, boosting haven demand and extending a rally fuelled by declines in the dollar. An index of precious-metals mining stocks touched a four-month high. The greenback fell for a third day to its lowest since... 

Fracking jobs prove elusive for coal miners looking to switch

By: Bloomberg     18th August 2017 Robert Dennis has mined coal in West Virginia for 10 years but a recent evening found him in a classroom at his local community college. He came to learn about opportunities in fracking, a drilling technique used to produce natural gas — the very fuel that is threatening coal’s future. “I know... 

Copper trumps politics as investors take shine to Zambian assets

By: Bloomberg     27th July 2017 Investors are overlooking Zambia’s political risk and buying the nation’s assets as the price of copper, its biggest export, rises. The yield on Zambia’s $1-billion Eurobonds due April 2024 have fallen 135 basis points this year to 7.55% on Wednesday. The southern African nation’s currency has... 

Trump America-first pipeline plan draws ire of American oil

By: Bloomberg     21st July 2017 Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of "American energy dominance." The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the... 

Trump said to tout coal projects, nuclear aid in 'Energy week'

By: Bloomberg     30th June 2017 President Donald Trump is set to announce he is lifting an Obama-era policy that curtailed the financing of coal-fired power plants overseas, as he seeks to propel American " energy dominance" and reorients the US government away from fighting climate change. Trump also will describe a series of... 

Aluminium giants stop short of backing Trump import crackdown

By: Bloomberg     23rd June 2017 As the calls for restrictions on cheap Chinese imports reach a fever pitch in Washington, some of the biggest North American aluminium producers are advocating a softer touch. Alcoa Corp. urged the US to directly engage with China to ensure overproduction no longer spills out to the rest of the... 

Acacia Mining confirms start of negotiations with Tanzania govt

By: Megan van Wyngaardt     15th June 2017 Tanzania-based gold miner Acacia Mining’s CEO Brad Gordon on Thursday said the company would leave any disputes around back taxes for resolution during negotiations with the country’s President John Magufuli. During a teleconference, he added that the company was not prepared to comment on... 

Tanzania's Acacia spat shows deepening battle with business

By: Bloomberg     14th June 2017 Tanzanian President John Magufuli’s escalating battles with business risk alienating the very investors he needs to drive his multi-billion dollar industrialization policy. On Monday, the 57-year-old leader ratcheted up his dispute with miners by accusing Acacia Mining Plc of operating illegally... 

Trump's infrastructure plan a boon for iron-ore, says Australia's Cormann

By: Bloomberg     23rd April 2017 US President Donald Trump’s plan to upgrade the nation’s roads, ports and bridges will drive demand for steel and support iron ore prices, Australia’s Finance Minister Mathias Cormann said. “The US and the Trump administration has put out a very ambitious infrastructure investment program" and... 

Law firm aides two major Guinea projects

     14th April 2017 Global law firm Norton Rose Fulbright’s teams in London, New York, Paris, Singapore and Washington have successfully advised on two mining projects in Guinea. The team assisted bauxite producer Compagnie des Bauxites de Guinée (CBG) in reaching financial close for the financing of its Sangaredi... 

Stillwater transaction to test Trump team’s appetite for China deals

By: Bloomberg     10th April 2017 Even as President Donald Trump and President Xi Jinping of China met for the first time to try to sort out their complex relationship, Trump’s administration is reviewing attempts by China to buy sensitive US companies and in one case is actively trying to thwart a deal. The Trump administration... 

Congo sees Trump roll-back of Dodd-Frank stoking insecurity

By: Bloomberg     20th March 2017 The Democratic Republic of Congo (DRC) warned that proposals by the Trump administration to roll back laws on so-called conflict minerals from central Africa risks stoking violence by armed groups in the region. The suspension of Section 1502 of the Dodd-Frank Act “in the long run, will... 

Buoyant investment demand drives silver price higher

By: Henry Lazenby     16th March 2017 New analysis by Washington-based, The Silver Institute, has found strong investment support drove strong price performance for silver during 2016, a trend that has continued this year. The silver price has started 2017 on a positive tone, rising by roughly 9% since the beginning of the year. This... 

Trump’s latest executive orders may be burdensome for oil

By: Bloomberg     1st February 2017 Oil-services giant Halliburton told employees to stay put. An oil trade group is concerned by the proposed border tax. Another global oil company is reconsidering whether to place a crude trader in Houston. And universities that train energy workers across the country estimated that hundreds of... 

Coal row Down Under has lessons for Africa

     27th January 2017 he If Donald Trump scares you, look away now. The row over fossil fuels and 'clean coal' that some say won him the election has surfaced in Australia. And it resonates in the European Union (EU) and Africa. Last year Australian Prime Minister Malcolm Turnbull went to the polls, defeating the... 

Trump aides said to prepare list of early energy changes

By: Bloomberg     21st January 2017 Donald Trump’s advisers have prepared a short list of energy and environmental policy changes he can take now that he has been sworn in as president, including steps to limit the role that climate change plays in government decisions and speed the review of cross-border pipelines. The list of... 

Obama plan to shake up coal leases could restrict Trump

By: Bloomberg     12th January 2017 The outgoing Obama administration issued a blueprint for overhauling the way coal on federal land is sold, making it tougher for President-elect Donald Trump to resume sales under decades-old procedures. The report released Wednesday lays out a menu of potential options for policy makers to... 

Trump victory hits the war on coal

By: Creamer Media Reporter      2nd December 2016 By Geoff Hill There was promise in the air: a climate change meeting in Marrakech, Morocco, the same week as the White House was set to be won by Hillary Clinton and a team in tune with calls for a curb on coal.   In early November, more than 10 000 delegates and activists were in Morocco for the... 

Legislative uncertainty, tougher regulations plague Africa’s mining sector

By: Ilan Solomons     25th November 2016 Mine developers and the providers of capital are facing a “regulatory tsunami” imposed by traditional investee countries in Africa, combined with frequently uncertain internal regulatory regimes, says banking group Nedbank Capital mining and metals head Paul Miller. Miller remarks that with the... 

Trump’s energy job promise to clash with scant supply of labour

By: Bloomberg     23rd November 2016 President-elect Donald Trump promises that his sweeping changes to energy policy will create “many millions” of American jobs. Finding all those workers may be the challenge. World markets are flush with coal and oil, keeping prices subdued and making it difficult for producers to profit from new... 

Temer said to seek new Vale CEO in Brazil shareholder talks

By: Bloomberg     21st November 2016 Brazil’s government has decided to push for a new CE for iron-ore giant Vale when the current boss’s contract expires next year, according to people with knowledge of the matter. President Michel Temer ceded to months of lobbying from members of his own Democratic Movement Party to seek a... 

Trump may ‘dig’ coal, but industry’s outlook is flat at best

By: Bloomberg     11th November 2016 He can roll back regulations, slash government jobs, pull out of global treaties and strip the tax benefits from renewable energy. But can Donald Trump make coal great again? Probably not, say energy industry leaders and analysts. 

On-The-Air (19/08/2016) 

By: Martin Creamer     19th August 2016 Illegal occupation of the Obuasi gold mine in Ghana by ‘galamsey’ miners is dealing a devastating blow to South African investors. South African project engineering company DRA is hitting the high spots as a developer of new gold mines in Africa. A revolutionary new gold-mining... 

Illegal miner progress at Obuasi ‘frustratingly slow’ – AngloGold  

By: Martin Creamer     15th August 2016 The occupation by illegal miners of part of the Obuasi gold mine, in Ghana, is slowing the feasibility work AngloGold Ashanti is undertaking for the modernisation of the troubled operation. Obuasi’s first half of 2016 has been dominated by the incursion of illegal miners on to the operating area,... 

Turkish gold miners operate unhindered during attempted coup

By: Henry Lazenby     18th July 2016 Turkey-focused miner Alacer Gold reported Sunday that the Çöpler mine was operating as normal and that there were no local disruptions in the wake of a military coup d'état attempt on the government of Turkish President Recep Tayyip Erdoğan. The TSX- and ASX-listed company reported that after it... 

Coal companies spend $95m on lobbying before bankruptcies

By: Bloomberg     28th June 2016 Five coal-mining companies spent $95-million to lobby US lawmakers and more than half a billion dollars on salaries for top executives in the decade before they filed for bankruptcy, according to a report by an environmental group. At the same time, the companies – Walter Energy, Patriot Coal,... 

Coal firm to pay Obama mentor $435 000 to fight climate plan

By: Bloomberg     14th June 2016 Peabody Energy Corp. is set to pay President Barack Obama’s Harvard Law School mentor $435 000 this year to help the bankrupt coal producer challenge the administration’s signature environmental law. The payments to Laurence Tribe, a constitutional law expert and legal icon – spanning May to... 

Rough diamond valuation global industry challenge

     3rd June 2016 Rough diamond valuation remains a challenge that is not limited to one country, one diamond centre, or the government-led certification scheme the Kimberley Process (KP), it is a critical challenge for the entire diamond industry, says United Arab Emirates (UAE) KP chair Ahmed Bin Sulayem.... 

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