https://www.miningweekly.com
R/€ = 16.74 Change: -0.12
R/$ = 16.40 Change: -0.20
Au 1781.26 $/oz Change: -7.32
Pt 938.50 $/oz Change: -23.50
 

Cartoon

HOLDING BACK THE WRECKING BALL:

By: Martin Creamer     2nd March 2018 Spirits are sky high following the strong hand new President Cyril Ramaphosa is playing to prevent the Mining Charter III wrecking ball from destroying the mining industry. True to his negotiation style, government, labour and business are back at the negotiating table. The hope now is that the... 

HOLDING BACK THE WRECKING BALL:

WANNA TURN IT AROUND

By: Darlene Creamer     2nd March 2018 It certainly won’t last forever, but there is definitely a new mood of cooperation and optimism in the air since Cyril Ramaphosa because the fifth president of South Africa’s democratic era. His decision to align his nascent presidency with that of the country’s greatest statesman, Nelson... 

WANNA TURN IT AROUND

TRASHING THE CHARTER:

By: Martin Creamer     23rd February 2018 The prolonged uncertainty created by the introduction of Mining Charter III has left South Africa's mining industry in limbo, CDH mining law head Allan Reid stated in a recent article, in which he added that an unintended consequence of Mining Charter III is its role in solidifying what... 

TRASHING THE CHARTER:

NAIL THE LANDING

By: Darlene Creamer     23rd February 2018 The first part of the Olympian task needed to restore South Africa’s position as a high-potential investment destination is complete. It took time, but the toxic Jacob Zuma presidency has ended. The focus has to shift now to placing the country on to a growth path that is robust enough to begin... 

NAIL THE LANDING

CLEAN AIR REVOLUTION

By: Martin Creamer     16th February 2018 China's clean air revolution is poised to stand South Africa in good stead. When China chooses, scale results, and scale is just what fuel cells need to lower costs. Fuel cell electric vehicles use compressed hydrogen gas that, when combined with oxygen and drawn through an electrolyte, creates... 

CLEAN AIR REVOLUTION

BRIDGE TO FAR

By: Darlene Creamer     16th February 2018 Many South Africans expressed resigned exasperation at the announcement that the Public Investment Corporation would extend a R5-billion short-term loan as part of a larger R20-billion in emergency funding required to take the cash-strapped utility to its year-end. Sadly, this is but the end of... 

BRIDGE TO FAR

THE LONG WAIT IS OVER:

By: Martin Creamer     9th February 2018 The long wait is over. De Beers Consolidated Mines (DBCM) have at last been awarded prospecting licences to conduct modern diamond exploration. At the time of going to press, the first 16 of 54 applications had been received by a delighted DBCM CEO Phillip Barton. All 16 target highly prospective... 

THE LONG WAIT IS OVER:

PULLING TOGETHER

By: Darlene Creamer     9th February 2018 If only the real and digital ink spilled over who is to blame for Cape Town’s water crisis was rain, because then Cape Town’s impending ‘Day Zero’ apocalypse would surely be averted. What’s required now, however, is not scapegoating or recriminations. Instead, citizens of the Mother City are in... 

PULLING TOGETHER

WINDS OF CHANGE:

By: Martin Creamer     2nd February 2018 The countenances of South Africans are turning towards the winds of change that they see building up positively, and hope is beginning to show in their expressions as changes are made at the embattled electricity utility Eskom and long-awaited enforcement is implemented against blatant... 

WINDS OF CHANGE:

CLEAN HOUSE

By: Darlene Creamer     2nd February 2018 The nation breathed a collective sigh of relief on Saturday January 20 when a new board, lead by Jabu Mabuza, was appointed at cash-strapped power utility Eskom. Expectations are high that the board, together with acting CEO Phakamani Hadebe, will do what is necessary to clean house. It is... 

CLEAN HOUSE

THE NEW DEAL:

By: Martin Creamer     26th January 2018 THE NEW DEAL: South Africa’s New Deal under new African National Congress president and South African Deputy President Cyril Ramaphosa is founded on an unrelenting commitment to the implementation of policies that restore investor confidence. Ramaphosa has called on South Africans to put an... 

THE NEW DEAL:

WATER WORRIES

By: Darlene Creamer     26th January 2018 The terrifying alert to Hawaii residents warning them about an inbound ballistic missile was, thankfully, a false alarm. However, the warning about ‘day zero’ in Cape Town is all too real. While there is unsurprisingly much unhappiness about a proposed drought levy to delink city revenues from... 

WATER WORRIES

KNOT AGAIN

By: Martin Creamer     19th January 2018 Investment-starved but well-endowed South African mining can be healed by the introduction of good new government policy. Local mining’s failure to keep pace with mining jurisdictions elsewhere relates to pernicious policy rather than palpable potential. As the Chamber of Mines of South Africa... 

KNOT AGAIN

COMING WAVE

By: Darlene Creamer     19th January 2018 South Africans breathed a collective sigh of relief last month when the National Energy Regulator of South Africa limited Eskom’s 2018/19 tariff increase to 5.23% – the utility was seeking 19.9%. However, given the electricity producer’s perilous financial state (and the likely resistance of... 

COMING WAVE

CHANGE OR SHRINK:

By: Martin Creamer     15th December 2017 If it does not remove its damaging policy framework, the South African mining industry stands to lose another 100 000 jobs. That is the view of Anglo American CEO Mark Cutifani, who accurately predicted the 100 000 job loss suffered over the last six years. “I'll say it again, absent of change,... 

CHANGE OR SHRINK:

HAD A GREAT FALL

By: Darlene Creamer     15th December 2017 The reputations of the South African government and the governing African National Congress took serious knocks during 2017. Allegations, and hard evidence, of State capture flowed stronger than the Orange river in flood, while the national mood was further depressed by downgrades, job losses,... 

HAD A GREAT FALL

ABERRANT LEGISLATION

By: Martin Creamer     8th December 2017 The long process of reconsidering the aberrant Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill has reportedly generated so many additional procedural missteps that turfing it into the bin is only one good thing left to do with it. According to Herbert Smith Freehills Africa... 

ABERRANT LEGISLATION

SMOKING GUN

By: Darlene Creamer     8th December 2017 Against all odds, the Portfolio Committee on Public Enterprises has done a remarkable job in peeling back the layers of State Capture at the country’s power utility. However, former Eskom chairperson Zola Tsotsi arguably provided the ‘smoking gun’, with testimony linking President Jacob Zuma... 

SMOKING GUN

LEGISLATIVE PLAYGROUND:

By: Martin Creamer     1st December 2017 In September, Mineral Resources Minister Mosebenzi Zwane told a mining conference in Australia that the changes to the Mineral and Petroleum Resources Development Act (MPRDA) would be made in December. But a senior Parliamentary official has since made it clear that Parliament will miss Zwane’s... 

LEGISLATIVE PLAYGROUND:

BIG DECISION

By: Darlene Creamer     1st December 2017 The National Energy Regulator of South Africa (Nersa) is hoping to make its determination on Eskom’s revenue application for 2018/19 on December 7. It’s a big decision not only in light of Eskom’s liquidity problems, but also given the potential negative economic employment impacts of a further... 

BIG DECISION

CRY THE BELOVED COUNTRY:

By: Martin Creamer     24th November 2017 In today’s litigious South Africa, the Ministry of Mineral Resources and its Department of Mineral Resources (DMR) are coming in for legal stick over big picture legal issues. But this might not be the end of the legal story. The DMR’s irrational refused to grant prospecting licences could also... 

CRY THE BELOVED COUNTRY:

WRECKING CONTINUES

By: Darlene Creamer     24th November 2017 President Jacob Zuma’s move to foist an unworkable, and unfunded, higher education funding plan on the National Treasury is yet one more sign that he is willing to drive a bus through any institution standing in the way of his toxic political project, which combines power with patronage and... 

WRECKING CONTINUES

CAUGHT IN COURT:

By: Martin Creamer     17th November 2017 The errant Department of Mineral Resources (DMR) and the litigious Chamber of Mines of South Africa spent a day or two in the High Court in mid-2016. The both spent another two days in the High Court on Thursday and Friday of last week. They are due to spend another two days in the High Court on... 

CAUGHT IN COURT:

WORRYING DISCONNECT

By: Darlene Creamer     17th November 2017 Those closest to, and most affect by, the problems being experienced in the electricity supply industry are currently wringing their hands over the weak sales performance and what it could mean for tariffs. However, President Jacob Zuma and his newly appointed Energy Minister, David Maholobo, are... 

WORRYING DISCONNECT

CRIPPLE AND CAPTURE:

By: Martin Creamer     10th November 2017 Current interests in South Africa’s mining industry are being crippled to make its assets cheaply available to connected companies, South African Institute of International Affairs' Governance of Africa’s Resources Programmes researcher Ross Harvey suggests in a recent opinion article in Business... 

CRIPPLE AND CAPTURE:

SUFFOCATED BY SCANDAL

By: Darlene Creamer     10th November 2017 The hair-raising revelations in Jacques Pauw’s latest book, ‘The President’s Keepers’, outlining President Jacob Zuma’s association with key figures in South Africa’s underworld add yet another layer of shame to his already shameful Presidency. These scandals are not only suffocating Zuma and the... 

SUFFOCATED BY SCANDAL

CRAZY CHARTER CROQUET:

By: Martin Creamer     3rd November 2017 Even mining communities are up in arms with the way Minerals Minister Mosebenzi Zwane and his Department of Mineral Resources (DMR) have unilaterally gazetted Mining Charter III, an unworkable document. Given the 0.7% growth rate to which the South African economy has slumped, Chamber of Mines... 

CRAZY CHARTER CROQUET:

VITAL BAIL-OUT

By: Darlene Creamer     3rd November 2017 The exit of South African Airways’ toxic former chairperson, Dudu Myeni, may have been the best bail-out news yet received by the national carrier. Nevertheless, even with the additional support extended by the National Treasury, it’s going to take extraordinary effort and skill to pull the... 

VITAL BAIL-OUT

SELF-INFLICTED DESTRUCTION:

By: Martin Creamer     27th October 2017 Unless South Africa starts exploring again and finds new ore deposits, the South African mining industry will ultimately grind to a halt and the big holes that have been dug could well become the preserve of illegal miners. But this does not need to be the case. This country remains highly... 

SELF-INFLICTED DESTRUCTION:

NUCLEAR ACCELERATOR

By: Darlene Creamer     27th October 2017 Whether justified or not, the appointment for former State Security Minister David Mahlobo as the country’s latest Energy Minister is seen an attempt by Present Jacob Zuma to push ahead with the currently stalled nuclear build programme. Given Mahlobo’s apparent close ties to Russia many view it... 

NUCLEAR ACCELERATOR

ECONOMIC ARSON:

By: Martin Creamer     20th October 2017 The South African mining industry catalyses a myriad of value-adding economic linkages in engineering, banking, law, energy, entrepreneurship and the list could go on. When mining is damaged, so are all those linkages. The knock-on effect is immense. Yet Minerals Resources Minister Mosebenzi... 

ECONOMIC ARSON:

MISSING OUT

By: Darlene Creamer     20th October 2017 Largely owing to an exceptional solar resource, this country is often referred to as ‘sunny South Africa’. However, while the world is adopting solar photovoltaic (PV) technology at a record pace, this country’s solar programme is mired in uncertainty. The International Energy Agency’s... 

MISSING OUT

STRENGTHEN MINING, STRENGTHEN SOUTH AFRICA:

By: Martin Creamer     13th October 2017 Proper leadership will set South Africa back on an upward course under the growing realisation that if the country strengthens its mining sector, it strengthens the economy as a whole. Chamber of Mines president Mxolisi Mgojo has promised to ensure better outcomes for sector and country,... 

STRENGTHEN MINING, STRENGTHEN SOUTH AFRICA:

RUNNING ON EMPTY

By: Darlene Creamer     13th October 2017 Besides making ongoing losses, PetroSA is also facing an existential crisis, as its gas resources dwindle. Diminishing gas feedstock from its offshore wells, means that the Mossel Bay gas-to-liquids plant is now processing condensate as an alternative – a far from ideal feedstock. The State-owned... 

RUNNING ON EMPTY

PLATINUM STRUGGLING TO FLATTEN 'EM:

By: Martin Creamer     6th October 2017 Palladium prices last week topped platinum for the first time since 2001, underscoring the diverging outlooks for the metals. Bloomberg reports that supplies are expected to tighten in palladium, owing to demand from petrol-fuelled vehicles and a snubbing of platinum in the wake of the VW diesel... 

PLATINUM STRUGGLING TO FLATTEN 'EM:

CORPORATE CASUALTIES

By: Darlene Creamer     6th October 2017 The corporate body count directly attributable to the State-capture project continue to mount. Besides those companies directly associated with the controversial Gupta family, such as Oakbay and Trillian, there have been other serious casualties, most notably KPMG. More to come? Most definitely! 

CORPORATE CASUALTIES

IRREFUTABLE INFRINGEMENT:

By: Martin Creamer     29th September 2017 It appears that the Department of Mineral Resources (DMR), as the aberrant creator of Mining Charter III, is the only organisation that likes Mining Charter III. Influential labour unions dislike it, community organisations condemn it, the African National Congress has called on the DMR to take... 

IRREFUTABLE INFRINGEMENT:

POWER STRUGGLE

By: Darlene Creamer     29th September 2017 Amid genuine unhappiness at the state of governance at Eskom, the timing of the utility’s application for a 19.9% tariff hike could not have been worse. What’s more it comes at a time when most South African firms, but especially power-intensive ones, as struggling to make ends meet. Therefore,... 

POWER STRUGGLE
5 6 7 8
9
10 11 12 13
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now