R/€ = 16.77 Change: -0.01
R/$ = 15.84 Change: 0.02
Au 1847.50 $/oz Change: 34.11
Pt 971.00 $/oz Change: 42.50

Legislative Environment News

South Africa would do well to highlight its key iridium status to world that needs this very rare metal  

By: Martin Creamer     3rd May 2022 South Africa would do well to highlight its key iridium supply status to gain the full confidence of a world that requires this very rare platinum group metal (PGM) to advance the fast-moving hydrogen economy. Iridium is a potent co-roleplayer with PGM stalwart platinum when it comes to... 

Zuma replaced Ramatlhodi with inexperienced 'Gupta minister' Zwane to do their bidding – Zondo

By: News24Wire      29th April 2022 It was clear that former president Jacob Zuma replaced Ngoako Ramatlhodi as mineral resources minister because he refused to cooperate with the Gupta family’s wishes, the State Capture Inquiry has found. "... Ramatlhodi had consistently refused to have anything to do with the Guptas and was not... 

Mosebenzi Zwane
Photo by Creamer Media
Mosebenzi Zwane

Implats reports 6% lower refined production amid challenging operating landscape 

By: Martin Creamer     29th April 2022 The gross refined production of platinum group metals (PGM) mining company Implats declined by 6% to 2.35-million ounces in the nine months to March 31, when sales volumes of 2.38-million ounces were 4% lower than the prior comparable period. “The operating landscape continues to be challenging,”... 

Picture supplied.
Implats CEO Nico Muller

Glencore guides higher full-year ferrochrome output with coal marking time 

By: Martin Creamer     28th April 2022 Diversified mining and marketing company Glencore is guiding 3% higher ferrochrome performance for the whole of this year, with no change to its coal production guidance. Full-year guidance for nickel is also up by the same three percentage points but full-year 2022 zinc guidance has been reduced... 

Picture supplied.
Gary Nagle

Further delay in Haib licence court case

By: Tasneem Bulbulia     28th April 2022 TSX-V-listed Deep-South Resources reports that the legal counsel for the Namibia Ministry of Mines and Energy has been late to file its defence affidavit and has requested an extension of ten days to file its affidavit with regard to the review of the decision of the Minister to deny the renewal... 

Former Finance Minister Nene chair, Gomwe CEO of MC Mining

By: Martin Creamer     28th April 2022 The board of MC Mining has appointed former Finance Minister Nhlanhla Nene as chairperson and former Anglo Coal leading light Godfrey Gomwe as CEO of the London AIM-, Sydney ASX- and Johannesburg JSE-listed South African coal exploration, development, and mining company. The key projects of MC... 

Picture supplied.
Godfrey Gomwe, CEO of MC Mining

Zimbabwe's Mnangagwa confirms Mining Indaba attendance

By: Creamer Media Reporter      28th April 2022 Zimbabwe's President Emmerson Mnangagwa has been confirmed as an attendee at this year's Investing in African Mining Indaba to be held in Cape Town from May 9 to 12. He is the fifth African President to confirm his attendance at this year's Mining Indaba. 

Zimbabwe President Emmerson Mnangagwa
Zimbabwe President Emmerson Mnangagwa

Clean coal a ‘figment of the imagination’, says Olver

By: Darren Parker     26th April 2022 The concept of clean coal is a figment of the imagination, according to science, said Presidential Climate Commission (PCC) Secretariat executive director Dr Crispian Olver on April 26. “There is no such thing,” he said, speaking at the PCC-JSE Financial Sector Forum on Just Transition Framework... 

PCC Secretariat executive director Dr Crispian Olver
PCC Secretariat executive director Dr Crispian Olver

Petra Diamonds exploring responsible Koffiefontein exit 

By: Martin Creamer     26th April 2022 Diamond company Petra is exploring a responsible exit from its investment in the Koffiefontein diamond mining operations. The exit would be carried out together with its black economic empowerment partners Kago Diamonds and its Itumelang employee trust, the London Stock Exchange-listed company... 

Wimbledon opts for platinum to mark Queen’s jubilee, centre court centenary 

By: Martin Creamer     26th April 2022 In the year of the Queen of England’s platinum jubilee, the coins to be used in the Wimbledon ladies’ and gentlemen’s singles finals coin toss will be made of platinum for the first time in the championships’ history. This follows last month’s unveiling by the UK Royal Mint of its largest ever... 

Image supplied by WPIC
Platinum coin to be tossed at Wimbledon.

Zambia 'very close' to picking investor for Mopani copper mine -president

By: Reuters     26th April 2022 Zambia's government is close to finding a private investor for Mopani Copper Mines, President Hakainde Hichilema said on Monday, in order to ramp up production at the mine, one of the biggest in the country. Zambia took on $1.5-billion in debt to buy Mopani from Glencore in January 2021 and has... 

New Limpopo diamond mine on cards 

By: Martin Creamer     25th April 2022 An evaluation carried out by Botswana Diamonds has firmed up the possibility of a diamond mine being developed at the company’s Thorny River property in South Africa’s Limpopo province. The analysis indicates potential opencast options, the London-Aim and Botswana Stock Exchange-listed company... 

Permission from Stelzer via his colleague James Campbell to use this picrtue.
Photo by Botswana Diamonds
Botswana Diamonds MD James Campbell

Chile Constitutional assembly knocks back ambitious environmental proposals

By: Reuters     22nd April 2022 - Chile's constitutional convention rejected on Thursday night a set of proposals focused on expanding environmental protections, especially around the major mining sector, a blow to reformers which will push the articles back to committees to be reworked. "Regretfully, our commission's [full... 

Local industry waiting for regulatory certainty

22nd April 2022 The local industry is cautiously anticipating the content of the amendments to the Mineral and Petroleum Resources Development Act (MPRDA), which were alluded to by the Department of Mineral Resources and Energy (DMRE) following the judicial review and setting aside of certain provisions of the... 

Image of ENSafrica natural resources and environment department head Ntsiki Adonisi-Kgame
NTSIKI ADONISI-KGAME The firm’s exposure at the Indaba will ensure that legal practitioners specialising in mining are enriched with specialised views about prevailing topics of concern in mining

Tackling bottlenecks, energy transition vital for African mining

By: Cameron Mackay     22nd April 2022 While mining in Africa is back in “full swing” as commodity markets are booming, the sector is still hampered by several factors that result in various bottlenecks, states commodities market analyst Core Consultants MD Lara Smith. These factors include logistical bottlenecks caused by railway and... 

Image of Core Consultants MD Lara Smith
LARA SMITH Intra-African trade will be a key way for Africa to support itself. There needs to be progress before neighbouring countries can do business with one another

Miners gather amid surging demand for critical minerals and fiercely rising ESG demands

By: Cameron Mackay     22nd April 2022 Amid the global transition to renewable energies and the effects of strong commodity prices and supply crunches, there is a scramble to ensure security of supply of critical and battery minerals in Africa. These factors heighten the importance of African mining and the role of the Investing in... 

Engineering News and Mining Weekly cover image

Chaarat Gold looking forward to ‘very green’ production out of Kyrgyz Republic  

By: Martin Creamer     21st April 2022 London Aim-quoted gold mining company Chaarat Gold is looking forward to “very green and sustainable gold production” coming out of the Kyrgyz Republic, where it is developing two gold projects. The of these first is Tulkubash, a near-term opencast heap leach project, and the second a far larger,... 

Picture supplied.
Chaarat Gold CEO Mike Fraser interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Mexican president urges energy, lithium firms to talk to government

By: Reuters     21st April 2022 Mexican President Andres Manuel Lopez Obrador on Wednesday urged companies to consult their lawyers and talk to the government following decisions in support of his efforts to tighten state control of Mexico's energy market and natural resources. Speaking at a regular government news... 

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

Picture supplied.
President Cyril Ramaphosa.

Geopolitical support for hydrogen evolution positive for platinum group metals 

By: Martin Creamer     19th April 2022 The overall geopolitical situation is lending strong support to the hydrogen evolution, which in turn continues to drive the demand for platinum group metals (PGMs). Hydrogen Europe and the European Clean Hydrogen Alliance are now calculating that 2030 will see the generation of 320 GW to 400 GW... 

Picture supplied.
Heraeus Precious Metals Executive VP New Business Development Dr Philipp Walter

Mexican president sees 'treason' behind power bill defeat, businesses relieved

By: Reuters     19th April 2022 Mexico's President on Monday excoriated opposition lawmakers for voting down a major electricity reform, though business groups were cheered by Sunday's vote, which lifted some of the investor uncertainty clouding the country's energy market. President Andres Manuel Lopez Obrador decried the... 

Experts can simplify compliance challenges

By: Nadine Ramdass     15th April 2022 Mining houses need to be aware of tax legislation and compliance requirements to ensure that they are protected, and the most effective and efficient way of doing so is to use tax advisory specialists who are aware of any potential pitfalls in legislative requirements, particularly when procuring... 

Anglo positioning itself as favoured iron-ore supplier to green steelmakers  

By: Martin Creamer     14th April 2022 Diversified mining company Anglo American is taking steps to position itself as a favoured iron-ore supplier to green steel producers. 

Creamer Media picture.
Anglo American sustainability presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Minerals Council to study exploration strategy, implementation plan

By: Creamer Media Reporter      13th April 2022 The Minerals Council South Africa has welcomed the publication of the Exploration Strategy and the Exploration Implementation Plan documents by the Department of Mineral Resources and Energy (DMRE). The council will study both documents to analyse and understand what the DMRE has changed since... 

Image of a drilling rig

Mexico president signs initiative to change mining law, eyeing power bill vote

By: Reuters     13th April 2022 Mexican President Andres Manuel Lopez Obrador said on Wednesday he had signed an initiative to change the country's mining law in case he needs to send it to Congress if lawmakers fail to pass separate legislation he is prioritising. Lopez Obrador said he will on Monday submit a mining bill to... 

Greater fuel cell adoption would be a massive boost for South Africa’s platinum group metals  

By: Martin Creamer     13th April 2022 The enactment by more governments of policies to enable greater hydrogen fuel cell mobility would be a massive boost for South Africa’s platinum group metals (PGMs) sector, Mining Weekly can today report. Adoption of hydrogen fuel cell mobility has already been significantly enabled by the German... 

Creamer Media picture
PGMs Industry Day webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Renewables projects, mining licence transparency and exploration incentives make headlines  

By: Creamer Media Reporter      13th April 2022 Mining Weekly Editor Martin Creamer talks about a pipeline of renewable energy projects Nedbank clients plan to close this year; how full mining licence transparency is needed to revive exploration in South Africa; and the need for National Treasury to urgently incentivise mining exploration. 

Photo of Martin Creamer
Renewables projects, mining licence transparency and exploration incentives make headlines

South Africa sets $900m yearly mineral exploration target

By: Bloomberg     13th April 2022 South Africa, home to the world’s biggest deposits of a number of minerals, has set an annual target of attracting $900-million of mining exploration expenditure annually by 2025. The target, equivalent to 5% of the annual spend on exploration globally, is expected to kick start a mining... 

A photo of a drilling rig

Glencore, GM enter multi-year cobalt supply agreement 

By: Martin Creamer     12th April 2022 Diversified mining and marketing company Glencore and General Motors (GM) on Tuesday announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. The agreement represents initial strategic collaboration between the two... 

Picture from Glencore website.
Photo by Glencore
The Murrin Murrin operation in Australia.

Western Australia overtakes Nevada as top mining destination, Zimbabwe ranks last

By: Mariaan Webb     12th April 2022 Western Australia is now the number-one address for mining investments, according to the latest Fraser Institute’s Survey of Mining Companies. Western Australia has moved up from fourth place and has dethroned the US state of Nevada, which last year topped the rankings. The results of the latest... 

An image of mining headgear

Clients planning to close many renewable energy project deals this year – Nedbank CIB  

By: Martin Creamer     11th April 2022 While Africa is blessed with great natural sun and wind resources, it has about 600-million people living without access to electricity, which is one of the biggest impediments to the continent’s economic growth. Renewable energy is available to put an end to this impediment, as it can provide... 

Picture supplied
Nedbank CIB Group Managing Executive Anél Bosman interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Guinea gives bauxite miners May deadline for alumina plant plans 

By: Bloomberg     11th April 2022 Guinea’s ruling military junta leader set a deadline of May for bauxite mining companies considering building alumina refineries in the West African country to submit timelines for their development. Mamadi Doumbouya gave the instruction during a meeting with miners, saying the policy is intended... 

Mexico president flags mining law change, eyeing possible defeat on power bill

By: Reuters     11th April 2022 Mexican President Andres Manuel Lopez Obrador on Friday said he would seek to change mining law to secure the country's lithium for the nation if his constitutional reform to boost state control of the power market fails to pass Congress next week. The president had earmarked lithium as part of... 

Hydrogen economy ‘incredibly exciting opportunity’, says Minerals Council’s Baxter 

By: Martin Creamer     8th April 2022 Mobility in mining is perfectly suited to kickstarting the domestic hydrogen adoption process, according to Minerals Council South Africa CEO Roger Baxter, who drew attention during the PGMs Industry Day conference to several mining companies that had already played a leadership role in the... 

Picture supplied.
Minerals Council South Africa CEO Roger Baxter.

Power provider grows West Africa market share

By: Halima Frost     8th April 2022 Power plant designer and manufacturer USP&E Global says the West Africa region currently contributes about 20% to 30% of its yearly revenue. “This figure should continue to grow, owing to an increase in modern solutions being delivered to the region,” USP&E Europe, Middle East and Africa MD Johan... 

The sun setting in Mali behind a large generator installation alongside tanks, storage and other structures that comprise a minerals processing plant
WEST IS BEST USP&E says that the West African region currently represents a growing portion of the company's African portfolio

Retaining refining capacity could pose long-term risks for South Africa

By: Darren Parker     8th April 2022 South Africa’s oil refining capacity has always been rather small when considered on a global scale, but there was some sense of national pride and of security in knowing that the country could deliver – even if most of the crude input had to be imported. While local refineries were never able to... 

Engineering News and Mining Weekly cover image

Canada offers carbon capture tax credit to help cut emissions

By: Bloomberg     8th April 2022 Prime Minister Justin Trudeau is rolling out one of Canada’s largest single industrial tax incentives to fund carbon capture projects as his government tries to deliver on ambitious climate goals by offsetting emissions from the country’s energy sector. In a federal budget unveiled on Thursday,... 

Canada PM Justin Trudeau
Photo by Bloomberg
Canada PM Justin Trudeau

Training provider opening centre in Ghana 

By: Halima Frost     8th April 2022 Specialist mining training provider Prisma Training Solutions is finalising its applications to open a formal training centre in Accra, Ghana together with a local partner. Prisma offers customised and sustainable education, training and organisational development solutions to the African mining... 

A picture fo Prisma Training MD Jacques Farmer Looking out onto an Open cast mine wearing PPE
Prisma Training Solutions MD Jacques Farmer discusses its plans to offer training and upskilling services to the West Africa mining sector. Camerawork: Kutlwano Matlala. Editing: Nicholas Boyd.
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