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Pleasing Orion bankable points to fast project payback 
By: Martin Creamer Updated 2 hours 34 minutes ago Zinc and copper exploration and development company Orion Minerals pleasantly surprised the market on Monday when it announced a bankable feasibility study (BFS) that paves the way for financing, concentrate offtake and mine construction of the Prieska project in the Northern Cape. The BFS... →
Nigerian court adjourns Oando case against securities regulator to 22 July
By: Reuters Updated 4 hours ago A federal court in Lagos on Monday adjourned until 22 July a case brought by local oil firm Oando to halt management changes the country's securities and exchange commission is trying to enforce. The SEC's action followed an investigation in which it allegedly found evidence of financial... →
Morrisson vows to remove investment hurdles
By: Esmarie Iannucci 24th June 2019 The resources sector has welcomed commitments by Prime Minister Scott Morrison to remove regulatory and bureaucratic barriers to business investment, with the Minerals Council of Australia (MCA) saying it could unlock up to A$170-billion of potential resource investment across Australia.... →
Australian MP Scott Morrison
Importance of supplier engagement emphasised
By: Tracy Hancock 21st June 2019 Surface mining association Aspasa is encouraging suppliers, service providers and contractors, such as those in the materials handling and logistics sector, to become associate members of the association to meet the industry’s future challenges. Aspasa director Nico Pienaar stresses that this... →
Angolan government authorises cooperatives to exploit diamonds
By: Rebecca Campbell 21st June 2019 In Angola, 77 cooperatives have been authorised to explore and mine for diamonds, stated an official announcement at the end of last month. The authorisations were issued by the State-owned Endiama diamond mining company. (Endiama is an acronym; the full name of the company, translated into... →
Minergy appoints CEO-designate
By: Martin Creamer 20th June 2019 The Botswana Stock Exchange-listed Minergy on Thursday announced that its CFO Morne du Plessis had been appointed CEO-designate and would take over the reins of the coal mining and coal trading company on August 1. This follows last month’s announcement that current Minergy CEO Andre Bojé, 63,... →
Congo State miner's high-flying chief has his wings clipped
By: Bloomberg 14th June 2019 The head of the Democratic Republic of Congo’s State mining company will no longer exercise control over the business, despite being reappointed to the post, the president’s spokesperson has said. Albert Yuma, who was named president of Gecamines’s board in 2010, retained the position in a May 29... →
New techniques can yield optimum results, savings
14th June 2019 Using novel techniques, during the extraction and concentration phases of mined ore, which focus on the efficiency and the associated operational costs, will yield optimum results for the miner, says pumps manufacturer and supplier Verder Pumps MD Darryl Macdougall. For instance, emerging... →
Corruption, maladministration of royalties leave mine-affected communities high and dry
By: Tracy Hancock 14th June 2019 Maladministration and misappropriation of funds continue to render South Africa’s mining royalties system mostly ineffective, with no one being brought to book. Established to deliver transformation in impoverished, mining-affected communities through the distribution of royalties paid by the... →
Zambian President threatens to fine miners who break law
By: Reuters 13th June 2019 Zambia will fine and break ties with mining firms that fail to operate according to the southern African country's laws, President Edgar Lungu said on Thursday, escalating a dispute with India-listed Vedanta. Vedanta is fighting Zambia's decision last month to name a provisional liquidator to run... →
Vedanta denies sabotaging KCM operations
By: Marleny Arnoldi 13th June 2019 Diversified miner Vedanta Resources on Thursday denied allegations of the company’s involvement in “certain problems” being experienced at its Konkola Copper Mines (KCM) operations, in Zambia. This comes amid court proceedings launched by the State to have KCM wound up. →
Platinum mine truck being converted to run on hydrogen
By: Martin Creamer 13th June 2019 Early research and development work has begun to pave the way for the introduction of hydrogen fuel cell electric trucking at a local platinum mine, Mining Weekly Online can today report. A truck is currently being converted to run on hydrogen, which will initially be brought to the mine in tankers. →
Commentators differ on impacts of DRC’s revised Mining Code
By: Simone Liedtke 12th June 2019 Ivanhoe Mines Democratic Republic of Congo operations MD Louis Watum says the country’s new Mining Code has created uncertainty regarding the regulatory framework within the country, which has negatively impacted on funding in the DRC’s mining industry. The revised Mining Code seeks to benefit... →
Tariff and budgetary assistance for Australia mining negligible – Productivity Commission
By: Esmarie Iannucci 12th June 2019 The Australian resources sector has welcomed the Productivity Commission’s Trade and Assistance Review for 2017/18, saying it exploded the myth that the resources industry was subsidised. The Productivity Commission estimates that the effective rate of combined assistance to mining in 2017/18... →
Judgment reserved in Vedanta’s application to join KCM proceedings
By: Marleny Arnoldi 11th June 2019 Diversified miner Vedanta Resources on Tuesday said its application to be joined to the confirmation hearing for the ex parte appointment of a provisional liquidator for its Konkola Copper Mines subsidiary had been heard by judge Annesie Banda-Bobo in the Lusaka High Court and that judgment had... →
South Africa should go all out with platinum and manganese to be in best of two decarbonising worlds
By: Martin Creamer 10th June 2019 South Africa, which has a wonderful platinum group metals (PGMs) endowment and an abundance of high-quality manganese ore, should go all out to be in the best of two new carbon-reducing technology worlds. On the one hand, it should do all it can to be in the world of hydrogen with the help of... →
A fuel cell electric vehicle requires platinum
High Court dismisses appeal to void Lily, Barbrook mines sale agreement
By: Marleny Arnoldi 10th June 2019 Consultancy Siyakhula Sonke Empowerment Corporation (SSC) and its subsidiary Flaming Silver on Monday announced that the Mpumalanga High Court had dismissed an application brought by former Flaming Silver director Ferdi Dippenaar. This was the first part of a legal process in a dispute between... →
Indian mining sector hit by dissension over expiring mining leases
By: Ajoy K Das 10th June 2019 With the expiry of mining leases (MLs) for 354 mines across India fast approaching and delayed fresh auctions looming large, sharp differences have surfaced among various stakeholders in the sector. The narrative until now among a section of stakeholders has been of an impending shortage of... →
Mining Charter III part of efforts to bring ‘equality to reality’ – Mantashe
By: Rebecca Campbell 7th June 2019 The latest (third) iteration of the Mining Charter must not be viewed in isolation, but rather seen within the context of the socioeconomic transformation of South Africa, affirmed Minerals Resources and Energy Minister Gwede Mantashe in a keynote address to a recent colloquium hosted by the... →
Northern Cape may be where parts of Australia were in 90s – The Mineral Corporation
By: Martin Creamer 6th June 2019 South Africa’s highly prospective Northern Cape may now be where geologically endowed parts Australia were in the early 1990s, John Murphy, the MD of The Mineral Corporation (TMC), said on Thursday. Speaking to Mining Weekly Online in an exclusive interview at the 21-year-old advisory group’s... →
The Mineral Corporation MD John Murphy.
Manganese poised to make its mark as EV metal 
By: Martin Creamer 5th June 2019 Manganese could make its mark in the battery electric vehicle (EV) arena by displacing cobalt to a large extent in many of the cathode formulations, where the bulk of battery metals are used. The Junior Indaba heard on Wednesday that manganese, which South Africa hosts in abundance, is in a race... →
Junior Indaba panel finds sentiment in Charter towards juniors still lacks
By: Marleny Arnoldi 4th June 2019 Opening the Junior Indaba, in Auckland Park, on Tuesday, chairperson Bernard Swanepoel questioned whether Mining Charter III had helped to kickstart exploration activity in South Africa’s mining sector. Swanepoel mentioned that the prevailing sentiment seemed to be that, while the gazetted... →
A Junior Indaba panel discussion
Junior mining badly in need of kickstart – Swanepoel 
By: Martin Creamer 4th June 2019 Junior mining is badly in need of a policy framework that will kickstart activity, mining luminary Bernard Swanepoel said on Tuesday. Speaking to a packed 2019 Junior Indaba conference for explorers, developers and investors in junior mining, Swanepoel outlined how he had boldly stepped into the... →
Vedanta's Zambia court hearing adjourned for a week
By: Reuters 4th June 2019 A court hearing following Zambia's decision to name a provisional liquidator to run Vedanta Resources' Konkola Copper Mines (KCM) business was adjourned for a week on Tuesday without tackling Vedanta's demands to be involved, the company said. Vedanta Resources, part-owner of the Mumbai-listed... →
Independent power producer association hails Mantashe's appointment
By: Martin Creamer 31st May 2019 The appointment of Gwede Mantashe as the Minister of Mineral Resources and Energy has been welcomed by the South African Independent Power Producer Association (SAIPPA), which described as “massive” the challenges he, Deputy Mineral Resources and Energy Minister Bavelile Hlongwa and the rest of... →
Indian miners seek rescinding of ban on beach sand mining by private companies
By: Ajoy K Das 31st May 2019 Indian miners in the private sector are seeking a reversal of a government order that banned beach sand mining by private mining companies. Private sector miners, in a submission to the government, point out that the imposition of the ban is a reflection of the poor regulatory environment and a... →
Queensland accused of ‘extorting’ mining companies
By: Esmarie Iannucci 31st May 2019 Queensland’s opposition party has reportedly contacted the Crime and Corruption Commission to investigate Deputy Premier and Treasurer Jackie Trad’s dealings with the state’s miners, claiming “extortion”. Trad earlier this week promised miners that royalty rates would remain frozen for the next... →
Labour issues at Mototolo platinum mine resolved – Amplats
By: Martin Creamer 30th May 2019 The labour issues at the Mototolo platinum mine in Limpopo have been resolved, Anglo American Platinum (Amplats) said on Thursday. The General Industrial Workers Union has accepted that the proposed medical aid meets the requirement of the Section 197 transfer, undertaken after Amplats acquired... →
Anglo American Platinum CEO Chris Griffith.
Swiss open criminal probe after Glencore complaint by NGO
By: Bloomberg 29th May 2019 Switzerland’s top prosecutor opened a criminal probe against “unknown perpetrators” suspected of bribing foreign officials after a public interest group filed a complaint in 2017 against Glencore, adding to international scrutiny of the world’s biggest commodity trader. The investigation opened... →
Researchers at Mandela Mining Precinct deserve strong support
By: Martin Creamer 29th May 2019 Following a period of marked disintegration of mining research in South Africa, there is now a positive new thrust emerging from the research, development and innovation (RDI) units active at the Mandela Mining Precinct in Carlow Road, Johannesburg. These RDI teams are making use of the exciting... →
Collective SA effort needed to spotlight platinum’s deftness in climate change battle
By: Martin Creamer 28th May 2019 More vehicle manufacturers are acknowledging that platinum-catalysed hydrogen fuel cells are the sole route to 100% carbon-free driving. But platinum’s own catalytic prowess is in danger of being under-acknowledged. →
Inner workings of platinum-using electric vehicle
Tanzania targets big increase in mineral revenue
By: Bloomberg 28th May 2019 Tanzania intends to collect 470.9-billion shillings ($205.5-million) from minerals in 2019-20, compared with a projected income of 310.6-billion shillings in the fiscal year ending June 30. The East African nation plans to boost production and exports, open new mineral trading centers, curb... →
Canavan reappointed; MCA welcomes leadership continuity
By: Esmarie Iannucci 27th May 2019 The Australian resources sector has welcomed the re-appointment of Matt Canavan as Minister for Resources and the re-elected government’s focus on creating jobs, responsible economic management and Budget surpluses. A Coalition government, led by the Liberal party, was voted into power earlier... →
Miners seek 10-year extension for Indian mining leases expiring next year
By: Ajoy K Das 27th May 2019 Fearing delays in holding fresh auctions of 288 mining leases slated to expire in March next year, the Indian mining industry has sought a ten-year extension of leases for these mines until 2030. The Federation of Indian Mineral Industries, in a presentation to the government, has said that the... →
Vedanta-Konkola liquidation case adjourned to June 4
By: Reuters 24th May 2019 A court hearing between Vedanta, its Konkola Copper Mines business (KCM) and the Zambian government over control of KCM, was adjourned on Friday until June 4, a lawyer said. Vedanta is fighting the government's attempt to seize KCM, which is one of the biggest employers in Zambia, Africa's second... →
Zambia's mines minister orders regular audits at all mines
By: Reuters 24th May 2019 Zambia will carry out regular audits at all mines to avoid any repeat of the situation at Vedanta unit Konkola Copper Mines (KCM), which has breached the terms of its licence, the mining ministry said on Thursday. Zambian President Edgar Lungu said on Monday the government planned to strip KCM of... →
Demand for ICT services from juniors on the rise
By: Mamaili Mamaila 24th May 2019 As there is a new wave of junior miners being established in Africa, this brings with it a significant demand for information and communications technology (ICT) services. Information technology, consulting and business processes services supplier Wipro has been engaging continually with clients... →
Data collection, investment to boost exploration projects in Botswana
By: Khutso Maphatsoe 24th May 2019 With the Kalahari copperbelt being underexplored and the advancement of better processing and higher-resolution data collection tools, numerous explorers are increasingly collecting data in Botswana to use for new exploration and increase current exploration in the region. The Kalahari copperbelt... →
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