Mining Charter III to be basis of new negotiations, says Mantashe

Mineral Resources Minister Gwede Mantashe on Tuesday stressed the importance of tackling key aspects of the third iteration of the Mining Charter (Mining Charter 3) with urgency and speed.... 

Atlatsa headline loss widens

JSE-and TSX-listed Atlatsa Resources’ headline loss a share widened to $0.16 for the year ended December 31, 2017, compared with a loss of $0.08 in the 2016 financial year. The company said in a... 

Noble makes another $2.5m available to Resgen

Coal project development company Resource Generation (Resgen) has signed a further extension of its facility  agreement with international commodities group Noble Resources to borrow another... 

Ghana positioned to be regional hub for upstream products in the mineral value chain

Ghana’s economic landscape has been shaped by the mining sector and, while mineral extraction has contributed to the country’s development path, the extent to which the country has tapped its... 

Increasing mining services in Africa key to industry's long-term sustainability

Increasing the demand for mining goods and services is necessary to grow this industry in Africa, Southern African Development Community (SADC) industrialisation adviser Seth Akweshie said on... 

Effective supply chains give mines a competitive advantage

Effective procurement and supply chains can be a key competitive advantage for mining businesses operating in Africa, CGC Consulting Services CEO Clive Govender said at the Cross-Border Mining... 

Zimbabwe focuses on policy certainty to revive mining investment

The Zimbabwean government is committed to ensuring mining policy certainty to win back investment and revive the industry, Mining and Mining Development Minister Winston Chitando said at an... 

Optimum, Koornfontein employees have not been paid March salaries – NUM

The National Union of Mineworkers (NUM) on Friday said its members at the Optimum and Koornfontein mines have not been paid their March salaries, despite the business rescue practitioner (BRP)... 

AMCU demands summit to discuss renewable energy jobs

The Association of Mineworkers and Construction Union (AMCU) has called for an urgent summit with labour, State-owned Eskom and government to discuss renewable energy and jobs. The trade union said... 

Brics bank could help fast-track Africa infrastructure projects

Africa lacks adequate infrastructure, which stymies regional trade and the provision of basic services such as health and education, New Partnership for Africa’s Development (Nepad) capacity... 

ANC defends land reform resolution as development driver

Land reform, including the uncompensated expropriation of land, is necessary for economic growth and development and will contribute towards ending unacceptable levels of inequality, poverty and... 

DTI to spend R415m to upgrade 11 industrial parks

The Department of Trade and Industry (DTI) will have spent R415-million on the revitalisation of 11 industrial parks, deputy director-general Lionel October said on Tuesday. Presenting the DTI’s... 

Katoro suspends Imweru feasibility work as it assesses project’s economic viability

Aim-listed Katoro Gold is assessing the economic viability of its Tanzania-based Imweru gold project, based on the results of a prefeasibility study and the new mining legislation and regulations... 

Mantashe not intent on scrapping Mining Charter 3

Mineral Resources Minister Gwede Mantashe on Tuesday stressed the importance of tackling key aspects of the third iteration of the Mining Charter (Mining Charter 3) with urgency and speed.... 

In-principle agreement reached on some changes to Mining Charter 3 – Solidarity

In-principle agreements have already been reached regarding certain changes to the third iteration of the Mining Charter, or Mining Charter 3, during negotiations held over the weekend, says trade... 

Strategic water plan needed to avoid supply and quality deficits

South Africa’s water crisis is having a significant impact on economic growth and on the wellbeing of South African citizens, Department of Water and Sanitation DDG Trevor Balzer told delegates at... 

Fall in government spend could harm the infrastructure sector

This year is going to be extremely difficult for South Africa’s infrastructure sector owing to the 12% decrease in infrastructure spending, economist Elsie Snyman told delegates at the Consulting... 

R&D tax incentive success hinges on public, private dialogue

The success of the research and development (R&D) tax incentive is dependent on ongoing and constructive dialogue between the government and the business sector, Science and Technology Minister... 

JRA invests in new asphalt plant to assist in road repairs

The Johannesburg Roads Agency (JRA) has repaired 44 350 potholes across the city since the beginning of the 2017/18 financial year. The city currently has a backlog of R11.8-billion for upgrading... 

Optimum should have gone into business rescue months ago – Hogan Lovells

The public announcement of the Gupta-owned Optimum coal mine going into business rescue has caused much uncertainty for employees and residents living in mine-owned properties are anxious about... 

Teck Resources lowers Q1 met coal sales guidance

Canadian metals and mining company Teck Resources has lowered its metallurgical coal sales guidance for the first quarter of this year to six-million tonnes. It had previously expected coal sales... 

Sarama increases previously announced placement to C$4m

TSX-V-listed Sarama Resources has increased its previously announced private placement from C$3-million to C$4-million, owing to strong support from existing shareholders and new investors. The... 

Energy policy certainty needed to bolster manufacturing growth in Africa

More policy certainty is required to support energy projects and to build a strong manufacturing sector in Africa, says engineering and infrastructure advisory group Aurecon African market energy... 

Climate change driving energy innovation

Climate change is a major driver of global energy innovation, says Clinton Foundation climate initiative senior regional manager Fiona Wilson. Speaking at the Africa Energy Indaba, in Johannesburg,... 

Minigrid solutions suitable for addressing Africa’s energy challenge

Minigrids have the capability to operate in isolation from the national grid and have been shown to reduce the cost of, and dramatically increase the pace of, rural electrification, says Blue World... 

Aveng to sell Grinaker-LTA following strategic review

JSE-listed Aveng, which posted a headline loss of R335-million for the half year ended December 31, on Tuesday outlined details of the outcome of its strategic review, which involved a very... 

Echo identifies new gold exploration area

ASX-listed Echo Resources has identified a new, highly-prospective exploration area within its 1 600 m2 landholding in the Yandal gold belt, after the company identified a number of targets and... 

Tanga starts drilling for zinc in Namibia

ASX-listed Tanga Resources, which is exploring for gold in Tanzania, has now also started a search for zinc in Namibia, with the company announcing the start of drilling at its recently acquired... 

Korab lowers Winchester capex in updated PFS

ASX-listed Korab Resources has estimated the capital costs for its Winchester magnesite project, in the Northern Territory, at between $2.4-million and $2.5-million. In a prefeasibility study... 

Africa not making the most of its gas reserves

Only 8% to 10% of Africa’s known gas reserves are being priortised, despite the fact that gas reserves on the continent are abundant, Catalyst Capital managing partner Adero Okudo said on Monday.... 

Anglo concludes R2.3bn sale of Eskom-tied mines to Seriti

Anglo American has completed the sale of its Eskom-tied thermal coal operations to broad-based, majority black-owned and -controlled South African mining company Seriti Resources, which is led by... 

Lithium Australia buys lithium-ion cathode company

ASX-listed Lithium Australia has received acceptances for 99.7% of the Very Small Particle Company’s (VSPC’s) issued capital. VSPC is an advanced cathode production technology for lithium-ion... 

Peak waiting on special mining licence for Tanzania rare earths mine

ASX-listed Peak Resources’ special mining licence (SML) for its Tanzania-based Ngualla rare earths project has not yet been considered by government, owing to changes in Tanzanian legislation... 

Vector to proceed with Kibali and Nizi gold project JVs

ASX-listed Vector Resources has announced that will proceed with the Kibali South and Nizi gold project joint venture (JV) acquisitions in the Democratic Republic of Congo (DRC). The company... 

Browns Range rare earths pilot plant installation on track

ASX-listed Northern Minerals’ Browns Range heavy rare earths pilot plant installation, in Western Australia, is on track for completion in June. In a project update on Monday, the heavy rare earths... 

Dragon Mining updates ore reserves

ASX-listed Dragon Mining has completed an update of its ore reserves, increasing its total proved and probable reserves to 2.32-million tonnes, grading 3.1 g/t gold for 232 000 oz – the highest... 

WPG accesses Challenger Deeps

ASX-listed WPG Resources on Thursday undertook the first stope firing of Challenger Deeps development, at its Challenger mine, in Western Australia. This milestone marks the transition from mining... 

Base Resources sees 58% increase in H1 Ebitda

Dual-listed Base Resources has reported a 58% increase earnings before interest, tax, depreciation and amortisation (Ebitda) to $69.3-million for the half year ended December 31, 2017. Sales... 

Portfolio Committee asks DMR to intervene at Optimum mine

The Portfolio Committee on Mineral Resources has called on the Department of Mineral Resources (DMR) to intervene at the Gupta-owned Optimum coal mine and “establish with certainty” the future of... 

Entries for Seifsa Awards for Excellence now open

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has invited manufacturers operating in the metals and engineering sector to submit their entries for the 2018 Seifsa...