https://www.miningweekly.com
R/€ = 17.11 Change: 0.03
R/$ = 14.06 Change: 0.04
Au 1869.40 $/oz Change: 16.42
Pt 1242.12 $/oz Change: 8.71
 

Legislative Environment News

SAEC name change to Seriti Power signals coal miner’s new broader energy vision   

By: Martin Creamer     17th May 2021 The change of name of South African Energy Coal (SAEC) to Seriti Power when South32’s coal assets become absorbed into Seriti Resources from June is indicative of Sereti Resources seeing opportunities in general energy beyond coal, CEO Mike Teke said on Monday. SAEC is the name that the ASX- and... 

Peru Presidential candidate outlines new taxes, royalties for miners

By: Reuters     17th May 2021 Peru's socialist Presidential candidate Pedro Castillo said on Sunday night he would raise taxes and royalties on Peru's key mining sector and renegotiate the tax contracts of large companies if elected to high office next month. Castillo, a teacher and trade union leader who was politically... 

Ethiopia cancels 27 idle mining licences in push for development

By: Reuters     14th May 2021 Ethiopia has cancelled 27 idle mining licences and sent warnings to three companies, the mines ministry said on Friday, as the government looks to spur production. Ethiopia has now cancelled 90 mining licences, including 63 it revoked in December. 

New technologies transforming mining, metals industry – ICMM 

By: Martin Creamer     14th May 2021 New technologies are transforming the mining and metals industry, making it cleaner and safer, says the International Council on Mining and Metals (ICMM), which is progressing an 'innovation for cleaner, safer vehicles' initiative. The initiative brings together 28 of the world’s leading mining... 

New technologies transforming mining, metals industry – ICMM
An innovation for cleaner, safer vehicles initiative has been introduced.

Mining policy, NY zinc-air system, AngloGold Ashanti make headlines   

14th May 2021 Mining Weekly Editor Martin Creamer unpacks why mining policy in South Africa needs to deal with both the highs and lows of mining, New York using platinum on the cathodes of a zinc-air system and AngloGold Ashanti investigating renewable energy projects across the entire group.   

Mining policy, NY zinc-air system, AngloGold Ashanti make headlines
Mining policy, NY zinc-air system, AngloGold Ashanti make headlines

NAIF changes legislated by Parliament

By: Esmarie Iannucci     14th May 2021 Reforms to the Northern Australia Infrastructure Facility (NAIF) have passed through Parliament, allowing the fund to be extended for another five years, to 2026. “The reforms followed a statutory review of the NAIF and wide consultation with stakeholders throughout northern Australia, and the... 

NAIF changes legislated by Parliament

Legal services worth the investment

By: Nadine Ramdass     14th May 2021 Legal services are often regarded as a grudge purchase; however, it ensures that consulting engineers and mining houses save money in the long term. “When consulting engineers are preparing bids for projects on behalf of mining companies, it becomes difficult to justify the cost of legal... 

Legal services worth the investment
Nikita Lalla Legal services are costly but save money in the long term

Resolving tax, policy uncertainty could boost majors

By: Cameron Mackay     14th May 2021 If the Zambian government and the mining companies invested in the country can reach consensus on how mines should operate, how they should be taxed, and if they can apply this consistently, then mining majors, and the industry in general, will benefit significantly going forward, states mining... 

Resolving tax, policy uncertainty could boost majors
UNLOCKING INDUSTRY DEVELOPMENT Zambia’s wealth of high-demand minerals provides opportunities for explorers, producers and service providers to share in the revenue-generating opportunity

Specialised attorneys fill gaps engineers cannot 

By: Nadine Ramdass     14th May 2021 Consulting engineers have valuable technical understanding but often lack the legal expertise to ensure that their intentions are well articulated and that the contract is balanced. The resulting gap requires legal experts to ensure that the contract is correctly drafted to protect the parties... 

Specialised attorneys fill gaps engineers cannot
MDA Attorneys directors Euan Massey and Odette Potgieter discuss the need for attorneys when drafting mining sector contracts.

Collaboration among industry associations must increase

By: Nadine Ramdass     14th May 2021 There is a need for increased collaboration between consulting engineering industry associations and Minerals Council South Africa, says Consulting Engineers South Africa (Cesa) CEO Chris Campbell. Industry associations, such as Cesa, serve the purpose of working towards ensuring the wellbeing of... 

EU project focuses on responsible sourcing

By: Nadine Ramdass     14th May 2021 Technical consulting engineers and science expertise provider SRK Consulting has extensive experience and a long working history in the mining sector, and is using its expertise to assist the European Union’s (EU) Horizon-funded 2020 research and innovation programme, the EU RE-SOURCING project.... 

EU project focuses on  responsible sourcing
Andrew van Zyl SRK Consulting is facilitating input of AFrican and Asian stakeholder

Platinum on cathodes of zinc-air system chosen to decarbonise New York City  

By: Martin Creamer     13th May 2021 Platinum features on the cathode of zinc-air battery technology that is taking the City of New York by storm in helping to lower the carbon footprint of its buildings, Mining Weekly can today report. Zinc8, the Canadian Stock Exchange company that has won the city’s decarbonisation challenge, has... 

Platinum on cathodes of zinc-air system chosen to decarbonise New York City
Zinc8 Energy Solutions Ron MacDonald interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Iron-ore euphoria of today arising out of iron-ore despair of yesteryear offers crucial policy lesson, says mining analyst in a ‘Postcard to the President’ 

By: Martin Creamer     12th May 2021 If you bought R100 000 worth of shares in Kumba Iron Ore at the start of 2016, you would now be sitting on shares worth a staggering R2.67-million, excluding dividends. This is because Kumba’s all-time low share price of R25.35 in January 2016 has skyrocketed 2 647% to R696.45, reflecting the... 

Iron-ore euphoria of today arising out of iron-ore despair of yesteryear offers crucial policy lesson, says mining analyst in a ‘Postcard to the President’
Photo by Creamer Media
In a ‘Postcard’ to President Cyril Ramaphosa, mining analyst Bruce Williamson (right) pleads for the creation of ‘all-weather’ mining policy.

Petra agrees to settlement over human rights abuses claims

By: Tasneem Bulbulia     12th May 2021 A settlement has been agreed with diamond miner Petra Diamonds following claims of serious human rights abuses at its majority-owned Williamson diamond mine in Tanzania. Law firm Leigh Day has agreed the settlement on behalf of 71 claimants who allege that they suffered serious human rights... 

Petra agrees to settlement over human rights abuses claims
Williamson mine

Renewable energy projects under investigation across AngloGold   

By: Martin Creamer     11th May 2021 Renewable energy projects are under investigation across the entire AngloGold Ashanti group, AngloGold Ashanti VP: environment Tony Da Cruz told Mining Weekly on Tuesday. Da Cruz reported that the gold mining company is also working with industry peers and vehicle original-equipment manufacturers... 

Renewable energy projects under investigation across AngloGold
AngloGold Ashanti presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Appea calls for more reforms in federal budget

11th May 2021 The Australian Petroleum Production and Exploration Association (Appea) has called on the federal government to instigate more measures to boost investment and spending ahead of the federal Budget. “Australia entered its first recession in more than 30 years in June last year, halting more than... 

Release by AngloGold of vast exploration information attracting interest 

By: Martin Creamer     10th May 2021 The release by departing AngloGold Ashanti of its vast exploration information is attracting interest, AngloGold executive VP of group planning and technical Graham Ehm said on Monday. Contained online is an exploration database involving the historic Witwatersrand Gold Basin and other goldfields... 

Release by AngloGold of vast exploration information attracting interest
Photo by Creamer Media
AngloGold executive VP of group planning and technical Graham Ehm

AngloGold Q1 earnings rise to $203m despite lower production, higher costs

By: Martin Creamer     10th May 2021 Gold mining company AngloGold Ashanti reported first quarter headline earnings of $203-million, driven by the higher gold price. Q1 production of 2021 of 588 000 oz was down on the 630 000 oz for the same period last year and total cash cost of $999/oz was well up on the $773/oz from continuing... 

AngloGold Q1 earnings rise to $203m despite lower production, higher costs
Photo by Creamer Media
AngloGold Ashanti interim CEO Christine Ramon

Gold Fields going greener and cleaner across broad front 

By: Martin Creamer     7th May 2021 Gold mining company Gold Fields, which this week announced the board’s green light for a 40 MW solar photovoltaic plant at the South Deep mine, near Carletonville, intends taking short- medium- and long-term steps to lower emissions in underground mining in general and at South Deep in... 

Gold Fields going greener and cleaner across broad front
Photo by Creamer Media
Gold Fields' South Deep gold mine, near Carletonville

Chile copper miners cry foul as royalty bill advances to Senate

By: Reuters     7th May 2021 Chile's lower house of Congress approved on Thursday an opposition-led bill that would slap a progressive royalty on sales of copper as prices rise, sharply hiking taxes on the sprawling industry to pay for social programs during the Covid-19 pandemic. The legislation, which passed following a... 

Chile copper miners cry foul as royalty bill advances to Senate
The Chilean national congress building is seen in Valparaiso city, north-west of Santiago.

Gold Fields chairperson Cheryl Carolus to step down at 2022 AGM

By: Martin Creamer     6th May 2021 Gold Fields chairperson Cheryl Carolus has announced that she will step down from her role and as a non-executive director with effect from the annual general meeting (AGM) in 2022. In her remarks to the 2021 AGM, which took place virtually on Thursday Carolus said she believed that after 12... 

Gold Fields on track to deliver on guidance

By: Martin Creamer     6th May 2021 Notwithstanding the impact of Covid-19, gold mining company Gold Fields produced attributable equivalent gold production of 541 000oz, which was largely flat year-on-year and down 9% quarter-on-quarter. The Johannesburg- and New York-listed company stated on Thursday, when it provided an... 

Gold Fields on track to deliver on guidance
Photo by Creamer Media
Gold Fields CEO Chris Griffith

Minerals Council encourages distributed generation for mining industry 

By: Simone Liedtke     5th May 2021 The Minerals Council South Africa is encouraging the uptake of distributed generation (also called self-generation) of power in South Africa, especially considering that South Africa is facing an electricity supply gap. The impact of this is “huge”, Minerals Council CEO Roger Baxter told... 

Minerals Council encourages distributed generation for mining industry
Minerals Council CEO Roger Baxter

Tanzania gets renewed hope to transform mining industry with Hassan administration – Leon

By: Donna Slater     5th May 2021 The “change of tone” brought by Tanzania’s new President Samia Suluhu Hassan over the past month could indicate a welcome new economic direction for the country, professional services firm Herbert Smith Freehills partner and Africa co-chairperson Peter Leon says.   In March, former Tanzania... 

Use of ruthenium in fuel cells set to turn down as green hydrogen trend turns up – Heraeus  

By: Martin Creamer     4th May 2021 The use of ruthenium in fuel cells is poised to decline in line with the growing trend towards the generation of green hydrogen. “We believe that the use of ruthenium in fuel cells will come down, as the trend to green hydrogen will bring with it purer feeds with less carbon monoxide impurities,... 

Use of ruthenium in fuel cells set to turn down as green hydrogen trend turns up – Heraeus
Heraeus Precious Metals executive VP Philipp Walter interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Ministers agree to pipeline reforms

By: Esmarie Iannucci     4th May 2021 Australian Energy Ministers have agreed to a major package of reforms to natural gas pipeline regulation that are expected to reduce costs of transportation and delivered gas, improve access to pipelines, and facilitate more effective competition in the gas market. The reforms agreed through a... 

Law firm adds to call for South Africa to launch an online central mining cadastral system 

By: Simone Liedtke     3rd May 2021 South Africa aims to increase its share of global exploration expenditure to at least 3% in the next five years, an ambition which Mineral Resources and Energy Minister Gwede Mantashe has touted as “laudable” during a recent keynote address to the platinum-group metals (PGMs) industry. He... 

Law firm adds to call for South Africa to launch an online central mining cadastral system
Mineral Resources and Energy Minister Gwede Mantashe

2018 Mining Charter review application being heard this week

By: Schalk Burger     3rd May 2021 The application for the judicial review and setting aside of certain clauses of the 2018 Mining Charter, brought by mining industry organisation the Minerals Council South Africa in March 2019, is scheduled to be heard from May 3 to 6. The application is being brought in terms of the Promotion of... 

2018 Mining Charter review application being heard this week
Minerals Council CEO Roger Baxter

Promising suite of manganese assets facing extremely attractive manganese fundamentals 

By: Martin Creamer     3rd May 2021 Unlisted empowered mining investment company Ntsimbintle Holdings, which last month grabbed the headlines by becoming the biggest shareholder in the ASX-listed Jupiter Mines Limited, has promising additional manganese mining assets serving a manganese market that observers describe as having... 

Promising suite of manganese assets facing extremely attractive manganese fundamentals
Ntsimbintle chairperson Saki Macozoma

AP Ventures makes yet another promising hydrogen investment 

By: Martin Creamer     30th April 2021 Venture capital funds manager AP Ventures has made yet another promising investment the fast-growing hydrogen sector, Mining Weekly can today report. AP Ventures Fund II focuses on hydrogen and its role in decarbonising energy and this latest investment is set up to contribute to establishing a... 

AP Ventures makes yet another promising hydrogen investment
AP Ventures founder and partner Kevin Eggers

PGMs in all three drive trains if Lion Battery initiative is successful – Anglo  

By: Martin Creamer     29th April 2021 If the Lion Battery Technologies initiative proves successful, platinum group metals (PGMs) will feature in all three of the world’s drive trains, Anglo American executive head of PGM market development Benny Oeyen said on Thursday. This would mean that PGMs would not only play key roles in... 

PGMs in all three drive trains if Lion Battery initiative is successful – Anglo
Anglo American executive head PGM market development interviewed by Mining weekly’s Martin Creamer. Video: Darlene Creamer

Minnesota court orders fresh review of PolyMet mine permits

By: Reuters     29th April 2021 The Minnesota Supreme Court on Wednesday ordered state regulators to reconsider some permits needed by PolyMet Mining Corp to build an openpit copper mine in the state's rural north, handing a win to environmentalists and delaying the project. The ruling from the state's top court comes as the... 

Minnesota court orders fresh review of PolyMet mine permits

Mining policy should be hugely supportive of exploration’s multiplier magic – investor  

By: Martin Creamer     28th April 2021 Mining, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson. It therefore makes huge sense for government to enact attractive investment-friendly... 

Mining policy should be hugely supportive of exploration’s multiplier magic – investor
Integral Asset Management CIO Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Tackling climate change could not be more urgent – Anglo American 

By: Martin Creamer     26th April 2021 Tackling climate change could not be more urgent, Anglo American said on Monday when it presented its biannual sustainability performance update. “For the emissions that we control in our business, we have come a long way, delivering our 2020 target to reduce greenhouse gas emissions by 22% a... 

Tackling climate change could not be more urgent – Anglo American
Photo by Creamer Media
From left, clockwise Mark Cutifani, Anik Michaud and Stephen Pearce

Anglo explores PGMs-based tech to simplify hydrogen storage in electric vehicles 

By: Martin Creamer     26th April 2021 Diversified mining and marketing company Anglo American, through its platinum group metals (PGMs) business Anglo American Platinum, is partnering with Umicore to research and develop technology that has the potential to transform the way hydrogen can be stored and used to power fuel cell electric... 

Anglo explores PGMs-based tech to simplify hydrogen storage in electric vehicles
Photo by Creamer Media's Donna Slater
Anglo American executive head of PGMs market development Benny Oeyen

Mining industry not expected to oppose third draft of Financial Provisioning Regulations – Webber Wentzel

By: Donna Slater     23rd April 2021 The April 22 publication of an intention by the Department of Forestry, Fisheries and the Environment (DFFE) to again amend the transitional arrangements contained in the National Environmental Management Act (Nema) Financial Provisioning Regulations provides “more breathing room” for mining... 

Industry test mine piques interest  

By: Halima Frost     23rd April 2021 Of the initiatives and programmes implemented by the Mandela Mining Precinct, its industry test mine has garnered the most interest and positive sentiment from mining companies, universities and other interested parties. “About 40 companies have already expressed interest in using the real-life... 

Industry test mine piques interest
Mandela Mining Precinct Test Mine Manager Jurgens Visser and Advanced Orebody Knowledge manager Michelle Pienaar discusses the Mandela Mining Precincts programme and the test mine

Local procurement crucial to economic recovery

By: Halima Frost     23rd April 2021 Local procurement will be crucial if local companies are to benefit from the increased gold mining activity and the resultant increase in mine-related purchases, stresses industry body Mining Equipment Manufacturers of South Africa (Memsa). “We support the Economic Reconstruction and Recovery... 

Local procurement crucial  to economic recovery
KEEN SKILLS The promotion of relevant skills in the mining equipment sector is fundamental to its sustainability
1
2 3 4 5 6 7 8 9
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
Free daily email newsletter Register Now
Register Close