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Legislative Environment News
Peru's mining executives anxious as Castillo's left-wing administration begins
By: Reuters Updated 3 hours ago Peruvian mining executives are worried as they watch the rise of a new left-wing administration led by President Pedro Castillo, who was inaugurated last week following campaign promises of higher industry taxes, despite lacking a concrete framework for the sector yet. Higher taxes are "the main... →
Australia Minister laments EU's CBAM, warns of 'new wave of protectionism'
By: Esmarie Iannucci 4th August 2021 The federal government on Wednesday warned that the European Union’s (EU’s) push to impose a carbon tax on imports would be detrimental to Australia’s export industry. “At a time when liberal democracies are working together to rebuild confidence in the benefits of free and open trade, a new... →
Spatial Dimension to design Botswana's new online mining cadastre system
By: Donna Slater 3rd August 2021 Spatial Dimension South Africa, a subsidiary of hardware, software and services technology company Trimble, recently signed a contract to design and implement an online mining cadastre system for the Botswana Ministry of Mineral Resources, Green Technology and Energy Security (MMGE). The... →
Rhodium again top performer in RBPlat’s revenue basket 
By: Martin Creamer 3rd August 2021 Rhodium was once again the top performer in the revenue basket for platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat), the revenue of which was up 108.1% to R9 584.3-million in the six months to June 30. The average rhodium price for the period increased threefold to $25... →
30 MW solar study will be concluded in second quarter of 2022 – RBPlat
By: Martin Creamer 3rd August 2021 The feasibility study for the construction of the 30 MW modular photovoltaic plant for renewable energy will be concluded in the second quarter of 2022, platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) reported on Tuesday when it presented record financial results and... →
RBPlat declares R1.5bn dividend on record first-half performance
By: Martin Creamer 3rd August 2021 Platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) has declared a R1.5 billion interim dividend in addition to the R482.3 million buy-back and redemption of a portion of its convertible bonds on the back of a record performance in the six months to June 30. RBPlat... →
RBPlat CEO Steve Phiri
Southern Africa part of Germany’s platinum-boosting green hydrogen strategy
By: Martin Creamer 2nd August 2021 Green hydrogen, which can be generated and then used with the help of Southern Africa’s platinum group metals (PGMs), is a topic that has gained a lot of importance in recent months in the context of limiting global warming and meeting the world’s decarbonisation goals. In Germany, the increased... →
Fledgling Peru govt seeks 'new deal' with miners - Minister
By: Reuters 2nd August 2021 Peru will seek "a new deal" with its all-important mining sector by providing incentives for projects with "social profitability" in the world's No. 2 copper producer, new Energy and Mining Minister Ivan Merino told Reuters. In his first interview since becoming Minister on Thursday, he said... →
Anglo working towards collaborative decarbonised energy advance across South Africa
By: Martin Creamer 30th July 2021 Anglo American, which will have all of its South American operations on renewable energy by the end of next year, is working towards trying to achieve a collaborative multi-company government- and Eskom-linked decarbonised energy advance across South Africa. Speaking to Mining Weekly in a Zoom... →
How eight entrepreneurs helped shape the South African economy
30th July 2021 In this exploration of eight famous, and not so famous, South African entrepreneurs, economic historian Stefan Schirmer celebrates the dynamism, tenacity and ingenuity of these individuals, while delving into the complexities of building successful enterprises in a society so deeply scarred by... →
Anglo on trajectory towards becoming minerals solutions provider
By: Martin Creamer 29th July 2021 Diversified mining and marketing company Anglo American, which shot the lights out on Thursday with the presentation of an all-time record set of half-year results, is on its way to becoming a minerals solutions provider rather than a digger of holes. The London- and Johannesburg-listed Anglo is... →
De Beers bounces back to 2019 levels with outstanding performance
By: Martin Creamer 29th July 2021 Global consumer demand for diamonds continued to recover from the impact of Covid, supported by fiscal stimulus in the US and the roll-out of vaccines, De Beers Group said on Thursday when it was credited with helping Anglo American to achieve an all-time record half-year, a period in which De... →
World-beating Anglo reports record half-year earnings of $12.1bn
By: Martin Creamer 29th July 2021 Diversified mining company Anglo American on Thursday reported a record half-year financial performance in its position as the best of the world’s top-five global mining companies. Anglo calculates that its elevated global position is poised to continue, assisted by its superior depth, breadth... →
Computing, food tech among many new PGM opportunity areas – Anglo Platinum
By: Martin Creamer 28th July 2021 The computing world is an opportunity area for platinum group metals (PGMs), along with food technology, alloy development, medical advance, waste control, battery and storage – and that is on top of the now much-celebrated and pervasive green hydrogen feedstock phenomenon. JSE-listed Anglo... →
Exuberant Kumba Iron Ore’s stakeholders receive R51bn shared value boost
By: Martin Creamer 27th July 2021 Anglo American group iron-ore mining company Kumba Iron Ore, which has achieved record half-year earnings with great exuberance, has shared a sky-high first-half R51-billion with its spread of stakeholders that take in the fiscus, local suppliers, nearby communities, employees, shareholders and... →
Anglo Platinum evaluating multiple renewable energy forms
By: Martin Creamer 26th July 2021 As a result its geographic distribution across South Africa, the Anglo American group is collectively evaluating options to access multiple forms of renewable energy, Anglo American Platinum (Amplats) CEO Natascha Viljoen said on Monday. The JSE-listed company has already completed the design and... →
High-flying Anglo Platinum’s stakeholders receive nigh-R40bn boost
By: Martin Creamer 26th July 2021 The strong operational and financial performance of platinum group metals company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits for stakeholders including the fiscus, local and doorstep suppliers and communities. In light of the impact... →
Anglo American Platinum CEO Natascha Viljoen
Metals make climate change mitigation possible – Citi Research
By: Martin Creamer 23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... →
Asia’s diverse, vast resources offer opportunity
By: Nadine Ramdass 23rd July 2021 The Asian mining and natural resources industries are multifaceted and unique to each sub region, and country. The continent’s vast natural resources have not yet been fully optimised. “Asia is the largest continent with extremely diverse geographical sub regions, and countries within those... →
Extremely strong demand for platinum bar and coin – WPIC
By: Martin Creamer 22nd July 2021 Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds (ETFs), mainly out of North America and Europe, World Platinum Investment Council (WPIC) head of research Trevor Raymond said... →
Mining boss sees fervor calming with Peru leftist to take office
By: Bloomberg 21st July 2021 Peru’s mining industry is hopeful of avoiding the kind of drastic measures that would stifle investment and future production when Pedro Castillo takes office in the world’s No. 2 copper producer. While the president-elect may have spoken of taking some extreme measures during the campaign, he... →
NSW gas plan blasted
By: Esmarie Iannucci 21st July 2021 The Australian Petroleum Production and Exploration Association (Appea) has warned that the New South Wales government’s Future of Gas Statement would effectively lock up most of the state from gas development, costing jobs and the economy. Deputy Premier John Barilaro unveiled the Future of Gas... →
Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers
By: Martin Creamer 21st July 2021 More than 14 000 South Africans now own shares in the discovery and development mining company Orion Minerals, which is reflective of retail investment that can be stimulated in South Africa to support essential local minerals exploration. What is also extremely promising is that the dual listed... →
Anglo increasingly focused on future-enabling decarbonising metals, minerals – Cutifani
By: Martin Creamer 20th July 2021 The portfolio and growth investments of diversified mining company Anglo American is increasingly focused future-enabling metals and minerals that are critical to decarbonising energy and transport and to meeting consumers' growing needs, from luxury to everyday life. This was stated by Anglo... →
Clean, green copper to be produced at Kamoa’s hydropowered DRC operation
By: Martin Creamer 16th July 2021 Clean, green copper is to be the order of the day at the Kamoa Copper operation in the Democratic Republic of Congo, where the Ivanhoe Mines-Zijin operation has secured clean, renewable hydro-generated electricity. “The upgrade of the Mwadingusha hydropower plant has been very successful. The... →
Ecuador mining sector needs clear regulations to attract investment, industry group says
By: Reuters 16th July 2021 Ecuador needs clear nationwide industry regulations in order to attract foreign investment to its mining sector, the head of the country's industry association said, as community-led local referendums have slowed the development of mineral deposits. Citizen-led ballot measures by environmental... →
Things are very rosy in the world of AfriTin – Anthony Viljoen
By: Martin Creamer 15th July 2021 At a time of galloping global tin demand, the London Aim-listed mining company AfriTin Mining not only has one of the biggest tin resources in the world at Uis in Namibia, but it has also been lucky enough to stumble upon one of the biggest hard-rock lithium resources on the planet, at a time of... →
ENSafrica unpacks the impact of POPIA on mine health, safety
By: Marleny Arnoldi 15th July 2021 Mine and occupational health and safety executive Pieter Colyn opened a webinar on July 13 during which law firm ENSafrica unpacked the impact of the Protection of Personal Information Act (POPIA) on mine health and safety. POPIA is a South African data protection and privacy law that (largely)... →
Life in mining-dependent countries significantly improved – ICMM
By: Martin Creamer 14th July 2021 Life in mining-dependent countries has improved significantly in the 23 years leading up to 2018, with strong governance the key to improving socio-economic well-being, the International Council on Mining and Metals (ICMM) said on Wednesday. A report that analysed 41 social metrics grouped under... →
Exploration is quick foreign investment ‘no brainer’, says Minerals Council’s Smart
By: Martin Creamer 13th July 2021 Exploration is one of the quickest ways to secure foreign direct investment into South Africa for the generation of desperately needed jobs and wealth during the country's hour of need, said Minerals Council South Africa junior and emerging miners’ leadership forum chairperson Errol Smart on... →
Social impact underestimated
By: Darren Parker 9th July 2021 Many mines in Africa have underestimated their social impact and often struggle to manage this constructively, consulting engineer and scientist firm SRK Consulting partner and principal scientist Wouter Jordaan tells Mining Weekly. He says an added complication is the shift in corporate culture... →
ESG implementation improves in African mining
By: Darren Parker 9th July 2021 As environmental, social and corporate governance (ESG) reporting improves, so does the implementation of the resulting policies across the African mining industry, consulting engineer and scientist firm SRK Consulting director and principal consultant Andrew van Zyl tells Mining Weekly. He says... →
No simple solution to illegal mining in Africa
By: Darren Parker 9th July 2021 There is no “one-size-fits-all” solution to combat the rise of illegal mining and the associated artisanal and small-scale mining (ASM) industry in Africa, says diversified mining and exploration company Emiral Resource founder Boris Ivanov. ASM is a legal industry in many African countries, with... →
New security technologies increasing in Africa
By: Darren Parker 9th July 2021 Mining companies operating in Africa are increasing their investment in new security technologies, and are procuring services that help them to refine security strategies and security implementation, diversified mining and exploration company Emiral Resource founder Boris Ivanov tells Mining... →
Gold heading towards ‘refuge of choice’ status, says incoming AngloGold CEO
By: Martin Creamer 6th July 2021 Gold is poised to be a "refuge of choice" in the years ahead owing to the extent to which money is being printed and world debt is rising, AngloGold Ashanti CEO-designate Alberto Calderon said on Tuesday. Speaking to Mining Weekly in a Microsoft Teams interview ahead of taking office on September... →
Peru's indigenous hope for a voice, at last, under new President
By: Reuters 6th July 2021 Maxima Ccalla, 60, an indigenous Quechua woman, has spent her life tilling the harsh soil in Peru's Andean highlands, resigned to a fate far removed from the vast riches buried deep beneath her feet in seams of copper, zinc and gold. The Andean communities in Ccalla's home region of Puno and... →
Alberto Calderon is new AngloGold CEO
By: Martin Creamer 6th July 2021 The board of AngloGold Ashanti on Tuesday announced the appointment of Alberto Calderon as the new CEO of the gold-mining company, effective September 1. Mining Weekly can report that Calderon has more than two decades of executive leadership experience in the global mining sector. →
Yamkela Makupula clinches exciting Rockwell-linked alluvial diamond deal
By: Martin Creamer 5th July 2021 Alluvial diamond mining investor Yamkela Makupula has clinched an alluvial diamond mining transaction which makes her a 30% shareholder in three diamond assets that have a link with the former Rockwell Diamonds. Makupula, who leads the Africa growth strategy of international law firm Diaz, Reus,... →
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