https://www.miningweekly.com
R/€ = 17.34 Change: -0.04
R/$ = 14.59 Change: -0.03
Au 1814.19 $/oz Change: -1.17
Pt 1051.85 $/oz Change: -26.65
 

Legislative Environment News

Clean, green copper of N Cape will be produced at nigh zero cost – Orion 

By: Martin Creamer     3rd November 2020 The clean, green copper that Orion Minerals will mine with the help of the Northern Cape’s hot sun and prime wind will be almost free of cost, paid for by the zinc credits, Orion Minerals CEO Errol Smart said on Tuesday. “If you take it as a copper mine only, net of zinc credits, we come close to... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe  

By: Martin Creamer     3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... 

Gwede Mantashe (right) and Bernard Swanepoel.
The Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Flow-through must not only incentivise exploration but also market participation – Miller 

By: Martin Creamer     2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... 

Mining supply sales consultancy AmaranthCX director Paul Miller
Photo by Creamer Media
Mining supply sales consultancy AmaranthCX director Paul Miller

AngloGold’s free cash soars 290%, dividend payout ratio doubled 

By: Martin Creamer     2nd November 2020 Gold mining company AngloGold Ashanti on Monday delivered a near fivefold increase in free cash flow in the third quarter of 2020, which has resulted in the company’s adjusted net debt falling to its lowest level in almost a decade and supporting the decision to double its dividend payout ratio.... 

AngloGold Ashanti interim CEO Christine Ramon
AngloGold Ashanti interim CEO Christine Ramon

Mali's auditor general recommends review of mining contracts

By: Reuters     2nd November 2020 Mali's transitional government aims to review mining conventions signed with companies by the previous administrations, interim President Bah N'daw, said late on Friday following recommendations from the country's auditor general. Mali is one of Africa's largest gold producers. Companies... 

Licence management software to be aligned with South African law

By: Darren Parker     30th October 2020 Geological services company Minrom Consulting plans to expand the capacity of its new exploration and mining licensing management software (LMS) system to become fully aligned with South African legislation, although a completion date has not yet been confirmed. The LMS system currently complies... 

OSCAR VAN ANTWERPEN
Minrom Consulting would expand its licensing management software services to incorporate the national licensing database system if it were made open to all
OSCAR VAN ANTWERPEN Minrom Consulting would expand its licensing management software services to incorporate the national licensing database system if it were made open to all

Legal collaboration critical in mining project management

By: Darren Parker     30th October 2020 In-depth specialist legal expertise and analyses are often not adequately considered or invested in at the outset of mining projects, which inevitably lead to delays and project cost overruns, says Inmiso Consulting director Robert Botha. “Often the operational personnel simply want to get on... 

ROBERT BOTHA
The legal team ought to be seen as a critical contributor to the strategic side of project planning
ROBERT BOTHA The legal team ought to be seen as a critical contributor to the strategic side of project planning

Profitable circular economy concepts making future potentially bright for coal miners  

By: Martin Creamer     29th October 2020 Coal mining companies need to start looking at creating their own profitable circular economies around existing coal assets because it is possible, says African Source Markets CEO Bevan Jones. While still responsibly mining coal, coal-mining companies have an opportunity to look at creating a... 

Bevan Jones
African Source Markets CEO Bevan Jones interviewed by Mining Weekly’s Martin Creamer.

Struggling ferrochrome needs chrome export tax as interim measure – Richards Bay Alloys  

By: Martin Creamer     28th October 2020 The struggling electricity-intensive South African ferrochrome industry, which has taken significant strides to increase its efficiency and reduce its electricity consumption, needs urgent steps to be taken to enable it to restore its competitiveness. The most far-reaching of these is the... 

Richards Bay Alloys CEO Andries van Heerden advocates chrome export tax to save local ferrochrome industry.
Richards Bay Alloys CEO Andries van Heerden interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration  

By: Martin Creamer     27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... 

Errol Smart
Minerals Council South Africa Junior Miners’ Forum Chairperson Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Excitement as Sumitomo becomes AP Ventures’ latest hydrogen economy investor 

By: Martin Creamer     27th October 2020 Leading Fortune 500 global trading and business investment company Sumitomo Corporation, which has a strong focus on the hydrogen economy, has become the latest investor in partnership with venture capital company AP Ventures Fund II. Sumitomo joins cornerstone investors such as South Africa’s... 

Andrew Hinkly
Photo by Creamer Media
Andrew Hinkly

Australia mulling gas reservation policy

By: Esmarie Iannucci     27th October 2020 The federal government is considering a prospective national gas reservation scheme as part of its plan to make energy affordable for families and businesses and to support jobs as part of Australia’s recovery from the Covid-19 recession. A gas reservation issues paper has been released for... 

Australia mulling gas reservation policy

Decision soon on platinum process that can save power   

By: Martin Creamer     26th October 2020 The definitive feasibility study for the installation of a revolutionary new electricity-slashing processing plant at Pilanesberg Platinum Mine in the North West will be completed next month, in time for an investment decision from the shareholders in KellTechnology South Africa, which are... 

Keith Liddell
Kelltech’s Keith Liddell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Philippines pushes to end mining lawsuits to pave way for sale

By: Bloomberg     26th October 2020 The Philippines is forming a government task force to resolve legal cases involving its mining assets, trying to push forward with their sale, Finance Secretary Carlos Dominguez said. Lawsuits have hampered the government’s efforts to privatise the assets, Dominguez said in a statement on... 

Aspasa weighs in on corruption

23rd October 2020 Surface mining industry association the Aggregate and Sand Producers Association of Southern Africa (Aspasa) has thrown its full weight behind mining industry employers’ organisation the Minerals Council South Africa’s call for visible leadership in the eradication of corruption. 

NICO PIENAAR 
Smaller miners feel the brunt of such corruption more quickly, as they have limited resources and are often less resilient than larger mines
NICO PIENAAR Smaller miners feel the brunt of such corruption more quickly, as they have limited resources and are often less resilient than larger mines

Collision avoidance system installed, investment on track for Menar

By: Mamaili Mamaila     23rd October 2020 Mining investment firm Menar recently procured a collision avoidance system (CAS), which has been installed in all the company’s opencast mobile equipment, notes Menar chairperson Mpumelelo Mkhabela. 

A BIT OF EVERYTHING 
Menar is considering other diversification avenues while developing its coal and anthracite projects
A BIT OF EVERYTHING Menar is considering other diversification avenues while developing its coal and anthracite projects

Council continues to advance women’s agenda

By: Nadine James     23rd October 2020 Minerals Council South Africa health head Dr Thuthula Balfour believes that Covid-19 has provided a springboard to drive change within companies –  which have had to adapt to a ‘new normal’ by automating certain work processes, while enabling flexible working hours – adding that this adaptation... 

NOLITHA FAKUDE
The Minerals Council VP and Anglo American nonexecutive director chairs the Women in Mining Leadership Forum
NOLITHA FAKUDE The Minerals Council VP and Anglo American nonexecutive director chairs the Women in Mining Leadership Forum

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

ifm Australia’s Freddie Coertze and Aditya Kunder.
ifm Australia’s Freddie Coertze and Aditya Kunder.

South African Cabinet approves export tax on chrome ore 

By: Reuters     22nd October 2020 South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday. "The interventions include the proposed introduction of the export tax on chrome... 

South African Cabinet approves export tax on chrome ore

Anglo stands ready to defend itself in lawsuit over lead poisoning in Zambia  

By: Marleny Arnoldi     21st October 2020 Anglo American South Africa has noted a class action lawsuit filed against it by Mbuyisa Moleele Attorneys and Leigh Day in the Gauteng High Court, related to lead poisoning claims stemming from the Kabwe mine, in Zambia. The lawyers filed the lawsuit on behalf of a class estimated to comprise... 

Platinum well positioned in hydrogen economy’s sweet spots – WPIC  

By: Martin Creamer     21st October 2020 The upcoming platinum demand of Hyundai alone could come close to taking up the total annual production of one of South Africa’s biggest platinum mines. Hyundai has stated categorically, in a double-page advertisement in The Economist of London, that it will be making 700 000 fuel cell stacks a... 

World Platinum Investment Council director of research Trevor Raymond.
World Platinum Investment Council research director Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

40 MW solar power application making good progress ­– Gold Fields  

By: Martin Creamer     20th October 2020 The application for the establishment of a 40 MW solar power plant at the South Deep gold mine in western Gauteng is in process and making good progress, Gold Fields CEO Nick Holland said on Monday. Responding to Mining Weekly during the Johannesburg- and New York-listed company’s virtual... 

Gold Fields ESG-linked Tarkwa-to-Damang mine road opening in Ghana.
Gold Fields ESG presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

BC needs a carbon tax that protects environment and jobs – mining association

By: Creamer Media Reporter      20th October 2020 Miners in British Columbia – a large steelmaking coal producer – have called for changes to the province’s carbon tax, arguing that playing field has to be levelled to aid final investment decisions and help the provincial economy recover and grow. The Mining Association of British Columbia... 

BC needs a carbon tax that protects environment and jobs – mining association

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

Jonathan Metcalfe
PwC Hydrogen Report 2020 covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hydrogen fast-tracking will be much quicker than imagined – Sibanye-Stillwater  

By: Martin Creamer     19th October 2020 The fast-tracking of the hydrogen economy will be much quicker than most people have imagined, Sibanye-Stillwater CEO Neal Froneman said at the Financial Times (FT) Commodities Mining Summit, where he was part of a panel that included Anglo American Platinum CEO Natasha Viljoen and South32 CEO... 

Top from left, Henry Sanderson and Neal Froneman. Bottom from left, Graham Kerr and Natascha Viljoen.
Financial Times Commodities Mining Summit covered by Mining Weekly’s Martin Creamer.

Coal mine disposal exacerbating carbon emissions problem – Glencore  

By: Martin Creamer     16th October 2020 The disposal of thermal coal mines in response to environmental, social and governance (ESG) investors is not lowering carbon dioxide (CO2) emissions but exacerbating the problem, Glencore CEO Ivan Glasenberg pointed out on Friday. Questioned by Financial Times (FT) natural resources editor Neil... 

From left clockwise, Neil Hume, Mark Cutifani and Ivan Glasenberg.
Financial Times Commodities Mining Summit covered by Mining Weekly’s Martin Creamer.

Minerals Council bemoans lack of competiveness focus in economic recovery plan 

By: Marleny Arnoldi     16th October 2020 The Minerals Council South Africa says the Economic Reconstruction and Recovery Plan – unveiled by President Cyril Ramaphosa on October 15 to a joint hybrid sitting of Parliament – does not go far enough in addressing areas where South Africa can improve its global competitiveness. While the... 

Covid-19 mining regulations affect exploration

By: Theresa Bhowan     16th October 2020 While there were no exploration-specific regulatory changes because of Covid-19, the regulations applied to the mining industry ultimately affected exploration projects. 

JONATHAN VEERAN 
Hinderances have arisen from the pandemic, the primary hinderance being that timelines have been pushed back
JONATHAN VEERAN Hinderances have arisen from the pandemic, the primary hinderance being that timelines have been pushed back

Walkabout projects on course in Tanzania

By: Cameron Mackay     16th October 2020 In spite of the 2017 Tanzanian Mining Act Amendments, Tanzania remains a “premium mining investment destination” for Australian energy minerals developer Walkabout Resources, says Walkabout Resources director Allan Mulligan. “Our relations with government and ministries in Tanzania is excellent,... 

FULLY PERMITTED EXPLORATION
Front-end construction and manufacturing for the Lindo Jumbo graphite project is imminent. The project’s expected on-stream date is December next year
FULLY PERMITTED EXPLORATION Front-end construction and manufacturing for the Lindo Jumbo graphite project is imminent. The project’s expected on-stream date is December next year

High demand for TES in blasting sector

By: Tracy Hancock     16th October 2020 The use of temporary employment services (TES) is common among South African blasting companies, and demand for this service is high, says TES provider Workforce Staffing area manager Hendri Poolman. The scarcity of skills in the field presents a challenge for blasting companies. 

FINDING FLEXIBILITY
Temporary staffing services can address the fluctuating staffing requirements of blasting companies
FINDING FLEXIBILITY Temporary staffing services can address the fluctuating staffing requirements of blasting companies

Mining committed to doing all it takes to improve worker health – Matlala 

By: Martin Creamer     15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... 

Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

National Treasury postpones proposed mining tax amendments  

By: Tasneem Bulbulia     15th October 2020 The National Treasury has agreed to postpone the proposed amendments to the 2020 Draft Taxation Laws Amendment Bill (TLAB) and the 2020 Draft Tax Administration Laws Amendment Bill (TALAB), to allow for more investigation and detailed consultation with the mining industry and related stakeholders... 

Hydrogen-linked Platinum Valley Corridor Project under way – Nzimande 

By: Martin Creamer     15th October 2020 A Platinum Valley Corridor Project being developed as part of South Africa’s economic recovery was outlined by Higher Education, Science and Innovation Minister Dr Blade Nzimande on Wednesday. Taking part in the third Hydrogen Energy Ministerial meeting held virtually, Nzimande described the... 

Higher Education, Science and Innovation Minister Dr Blade Nzimande
Photo by Creamer Media
Higher Education, Science and Innovation Minister Dr Blade Nzimande

Southern Africa’s green hydrogen buy-in exceeding expectations – Sacreee  

By: Martin Creamer     14th October 2020 Southern Africa’s buy-in into the green hydrogen economy concept is exceeding expectations, Southern African Development Community (SADC) Centre for Renewable Energy & Energy Efficiency (Sacreee) executive director Kudakwashe Ndhlukula said on Tuesday. Green hydrogen is a clean form of hydrogen... 

Southern African Development Community SADC Centre for Renewable Energy & Energy Efficiency executive director Kudakwashe Ndhlukula
Sacreee executive director Kudakwashe Ndhlukula discusses green hydrogen with Mining Weekly’s Martin Creamer.

New venture capital incubation fund targeting small-scale mining space  

By: Martin Creamer     13th October 2020 Venture capital incubation fund initiator Pearl Gray Equity Partners is targeting South Africa’s small-scale gold mining space. Pearl Gray, a reform of the Gray Family trust created in the late 1990s, is a family investment firm based in Pretoria, with activities in Delaware, in the US. (Also... 

Pearl Gray Equity Partners managing partner Steve Booyens
Pearl Gray Equity managing partner Steve Booyens outlines mining fund to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nigeria incentivises new mining investment

By: Halima Frost     9th October 2020 Nigerian Mines and Steel Development Minister Olamilekan Adagbite highlighted the incentives being offered to investors in Nigeria’s mining sector during a webinar on Driving Investment in the Nigerian Mining Industry in a Pandemic Situation, held in August. Government intends to reignite... 

GOING FOR GOLD
Nigeria's government looks to reignite flames under the mining investment banner to draw attention to its vast mineral and metal resources
GOING FOR GOLD Nigeria's government looks to reignite flames under the mining investment banner to draw attention to its vast mineral and metal resources

Study paves way for engaging artisanal miners

By: Halima Frost     9th October 2020 Environmental consulting firm Digby Wells Environmental Mali country manager Mamadou Dembele says a dearth of opportunities drives the artisanal mining sector in Mali, and in West Africa. He tells Mining Weekly that a study conducted in June 2019 in the region by Digby Wells Environmental, which... 

LEGITIMATE OPPORTUNITY 
While considered illegitimate trade, artisanal mining space is well organised and financially fruitful
LEGITIMATE OPPORTUNITY While considered illegitimate trade, artisanal mining space is well organised and financially fruitful

Company notes West African mining potential  

By: Halima Frost     9th October 2020 West Africa holds notable mining potential, with exploration and mining consulting services provider The MSA Group principal consultant Mike Robertson noting the company’s short- to medium-term goal of expanding further into the jurisdiction. “MSA sees West Africa as an increasingly appealing... 

TRIAL RUN
One of many sample plants set up in Mali has revealed the great potential the gold mining sector holds in the country
MSA Group principal consultant Mike Robertson discusses the company’s investment in West Africa and the challenges faced in doing so.
7 8 9 10
11
12 13 14 15

Latest News

more

Latest Videos

more

Research Reports

 
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