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Legislative Environment News

New green copper play in Northern Cape expects to be cash positive from month two  

By: Martin Creamer     28th May 2021 The new green copper play in the Northern Cape expects to be cash positive from its second month of operation. Big Tree Copper, a rebrand of Cape Copper Oxide, will begin producing copper plate from July, which will be sold at the mine gate to Noble Metals. (Also watch attached Creamer Media video.) 

Newly elected Minerals Council office bearer vaccinated

By: Martin Creamer     27th May 2021 Harmony CEO Peter Steenkamp, who was elected a Minerals Council South Africa VP on Wednesday, braved Thursday’s early morning chill to receive his Covid-19 vaccination at the Medscheme Health Facility in Florida, Roodepoort. Steenkamp, 62, qualified to do so in terms of the Department of Health’s... 

Newly elected Minerals Council office bearer vaccinated
Harmony CEO Peter Steenkamp receiving his Covid-19 vaccination at the Medscheme Health Facility in Florida, Roodepoort.

Biden's EV metals import plan unlikely to match climate goals - executives

By: Reuters     27th May 2021 The Biden administration's plan to rely on ally nations for most of the metals needed to build electric vehicles (EV) ignores the complexity of modern mining and could keep the US from meeting aggressive climate goals, according to industry executives. Reuters reported on Tuesday that President... 

Biden's EV metals import plan unlikely to match climate goals - executives
Senator John Barrasso: "We have these minerals here. We should produce them and use them for American workers and consumers."

Concern over lack of JSE listings ahead of Junior Indaba  

By: Martin Creamer     27th May 2021 In anticipation of next week's Junior Indaba virtual conference, AmaranthCX director Paul Miller has updated statistics on the change in the number of listed mining companies on the JSE over time. (Also watch attached Creamer Media video.) It is not a pretty picture. (See attached chart.) 

Concern over lack of JSE listings ahead of Junior Indaba
AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Govt-Minerals Council team established to promote exploration – Mgojo  

By: Martin Creamer     26th May 2021 The Department of Mineral Resources (DMRE) and Minerals Council South Africa have established a task team to promote exploration, outgoing Minerals Council president Mxolisi Mgojo said on Wednesday. The exploration task team, Mgojo said during his address to the council’s 131st annual general... 

Govt-Minerals Council team established to promote exploration – Mgojo
Minerals Council South Africa AGM covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nolitha Fakude first woman mining industry president in 131 years 

By: Martin Creamer     26th May 2021 The board members of Minerals Council South Africa on Wednesday elected the first female president in 131 years. New president Nolitha Fakude, a former Minerals Council VP who is the chairperson of Anglo American South Africa, said she would be focusing on ensuring that mining contributes... 

Nolitha Fakude first woman mining industry president in 131 years
Top right, clockwise are Nolitha Fakude, Paul Dunne, Peter Steenkamp and Themba Mkhwanazi.

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential  

By: Martin Creamer     25th May 2021 The renowned exploration geologist linked to the colossal and still-thriving diamond discovery against all odds at the Venetia diamond mine in Limpopo, believes there is no reason why new battery and other specialist minerals cannot be discovered in South Africa, using the techniques that he... 

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential
Exploration geologist Bill McKechnie interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Atrum hoping to change minds

By: Esmarie Iannucci     25th May 2021 Coal hopeful Atrum Coal has launched an information offensive around its Elan project, in Alberta, in the hopes of swaying opinions on the proposed hard coking coal project. The ASX-listed company earlier this year announced that it would pause prefeasibility studies on the Elan project after... 

Atrum hoping to change minds

South Africans right to be very proud of country’s iron-ore – IMR  

By: Martin Creamer     24th May 2021 South Africans are well within their rights to be very proud of the iron-ore that is produced in the country. That is the view of Sedibeng Iron Ore CEO Aneesh Misra, who is also MD of IMR South Africa. (Also watch attached Creamer Media video.) 

South Africans right to be very proud of country’s iron-ore – IMR
Sedibeng Iron Ore CEO Aneesh Misra interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Arne Frandsen’s great green graphite offering debuts Monday  

By: Martin Creamer     21st May 2021 Arne Frandsen’s great green graphite offering debuts Monday when trading of the shares of Nouveau Monde Graphite begin on the New York Stock Exchange. There is no half measure with Nouveau Monde Graphite chairperson and Pallinghurst managing partner and co-founder Frandsen when it comes to... 

Arne Frandsen’s great green graphite offering debuts Monday
Pallinghurst Group managing partner and cofounder Arne Frandsen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Fujimori looks to speed up projects to tap copper riches in Peru

By: Bloomberg     21st May 2021 Peruvian presidential candidate Keiko Fujimori would support energy and mining projects if elected, a campaign adviser said, drawing a stark contrast with her left-wing rival. Her government wouldn’t seek to renegotiate contracts at the Camisea gas deposit and would push for the go-ahead of the... 

Fujimori looks to speed up projects to tap copper riches in Peru
Peru Presidential candidate Keiko Fujimori

Bluejay says Greenland Minister reaffirmed support for mining

By: Creamer Media Reporter      21st May 2021 Aim-, FSE-listed and QTCQB-traded Bluejay Mining CEO Bo Stensgard said on Friday that he had held a positive meeting with Greenland’s mining Minister, who was appointed following the recent general election in that country. Housing, Infrastructure, Mineral Resources and Gender Equality Minister... 

Climate is global issue that exceeds anything seen in centuries – Anglo   

By: Martin Creamer     20th May 2021 Recent generations have defined the environment as a critical issue for humanity and climate change represents a new and sharper focus that exceeds any single global issue that we have seen in centuries, Anglo American CEO Mark Cutifani has told the Bank of America Securities Global Metals,... 

Climate is global issue that exceeds anything seen in centuries – Anglo
Mark Cutifani with chart showing thin slither at the top representing mining's 0.04% global footprint.

Hire jobless geologists to capture much-needed exploration data – LEI   

By: Martin Creamer     19th May 2021 A strong call for unemployed geology graduates to be contracted to capture historic exploration data electronically has been made by Letaba Elihle Investments (LEI) principal geology consultant Siphelele (Siphe) Ntshangase. In a Zoom interview with Mining Weekly Ntshangase also called on South... 

Hire jobless geologists to capture much-needed exploration data – LEI
LEI Principal Geology Consultant Siphelele Ntshangase interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Centerra pursuing 'all measures' after Kyrgyzstan gold mine seizure, CEO says

By: Reuters     19th May 2021 Canada's Centerra Gold is taking all measures possible to protect shareholder rights and is seeing good support from the Canadian and UK governments, CEO Scott Perry said on Tuesday, a day after Kyrgyzstan seized control of the company's Kumtor gold mine. Kyrgyzstan's Parliament voted Monday to... 

Teck sees little risk of higher taxes in copper producer Chile - CEO

By: Reuters     19th May 2021 Canada’s Teck Resources sees little risk of higher taxes in copper powerhouse Chile due to a stability agreement that shields the company's massive Quebrada Blanca Phase 2 copper project from higher levies for 15 years, CEO Don Lindsay said on Tuesday. Chile's lower house this month approved a... 

Teck sees little risk of higher taxes in copper producer Chile - CEO
Teck CEO Don Lindsay

Hydrogen providing PGM opportunity similar to 90s emissions boost – Sibanye-Stillwater 

By: Martin Creamer     18th May 2021 The advent of the hydrogen economy is providing an opportunity for platinum group metals (PGMs) similar what occurred in the 1990s when the PGM market faced a structural boost driven by stringent emissions regulations, Sibanye-Stillwater COO Richard Stewart said on Tuesday. Particularly for the... 

Hydrogen providing PGM opportunity similar to 90s emissions boost – Sibanye-Stillwater
Sibanye-Stillwater COO Richard Stewart

Asian demand for South African export coal remains strong – Seriti 

By: Martin Creamer     18th May 2021 Seriti Resources, which will take over South African Energy Coal (SAEC) from South32 on June 1, is particularly excited about the opportunity as the Seriti group to start now exporting coal in addition to continuing to support coal flows into Eskom. “We note that Asian demand for South African... 

Asian demand for South African export coal remains strong – Seriti
Doug Gain

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... 

SAEC name change to Seriti Power signals coal miner’s new broader energy vision
Seriti CEO Mike Teke interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

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.
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