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Legislative Environment News

Mining firms in Mexico must face 'strict' scrutiny, says senior official

By: Reuters     17th September 2021 Mining companies in Mexico should expect tough environmental reviews given their projects' major impacts, a senior official told Reuters, insisting that a backlog of evaluations is easing despite industry claims that the opposite is true. A top-10 global producer of over a dozen minerals,... 

S Africa well positioned in green economy shift

By: Theresa Bhowan-Rajah     17th September 2021 With the global drive towards the green economy, law firm Beech Veltman tells Mining Weekly that South Africa is ideally positioned to benefit from this global trend. Owing to its having access to renewable energies and platinum-group metals (PGMs), South Africa can become an exporter of... 

Black and white image of Warren Beech
WARREN BEECH South Africa’s PGM miners have been good at creating markets for PGMs, even when global demand waned

Bush clearing, shaft rehab under way at West Wits gold revival project  

By: Martin Creamer     16th September 2021 Australia-listed West Wits Mining, which is considering a secondary listing on the JSE, has commenced bush clearing and old shaft rehabilitation west of Johannesburg, as part of its far-reaching revival plans for an area where gold mining took place as recently as 20 years ago. West Wits Mining,... 

West Wits MD Jac van Heerden. Submitted picure.
West Wits Mining MD Jac van Heerden interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Solar power set to reduce Pan African’s reliance on Eskom by 30%   

By: Martin Creamer     15th September 2021 The generation of solar power by top-performing gold mining company Pan African Resources is expected to lower reliance on power utility Eskom by 30%, Pan African CEO Cobus Loots said on Wednesday, when the London Aim- and JSE-listed company reported record profit after tax and proposed its... 

Screenshot by Creamer Media
The generation of solar power by top-performing gold mining company Pan African Resources is expected to lower reliance on power utility Eskom by 30%

Pan African reports record profit, proposes highest ever dividend  

By: Martin Creamer     15th September 2021 Gold mining company Pan African Resources on Wednesday reported record after-tax-profit, higher gold production and proposed its highest ever dividend. In the 12 months to June 30, the company, headed by CEO Cobus Loots, recorded a 12.4% increase in group gold production to 201 777 oz, a 36%... 

Creamer Media picture of Pan African CEO
Gold mining company Pan African Resources on Wednesday reported record after-tax-profit, higher gold production and proposed its highest-ever dividend.

China backs Congo's ban on six small Chinese mining companies

By: Reuters     14th September 2021 China gave its backing on Tuesday to a Congolese provincial government's order last month banning six small Chinese-owned mining companies operating illegally. The move comes as Democratic Republic of Congo's President Felix Tshisekedi increases scrutiny of Chinese mining activities, reviewing a... 

South Africa’s junior mining dearth result of unintended consequence – AmaranthCX  

By: Martin Creamer     14th September 2021 South Africa’s junior mining dearth is a result of savings no longer flowing through to primary capital raising and stock exchange listings, as the Jacobs Committee expected them to do. The unintended consequence is that there are no longer small investors for small companies. This has negatively... 

Creamer Media screenshot of AmaranthCX director Paul Miller taken during Zoom interview.
AmaranthCX director Paul Miller interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Zambia says it will restore 'sanity' to rattled mining sector

By: Reuters     14th September 2021 Zambia's newly-appointed mines minister said on Tuesday that the government will ensure stability and predictability in the mining sector, seeking to allay fears of royalty hikes. Paul Kabuswe also said the government must root out corruption in mining, which is the engine of Zambia's economy. 

ChromeSA says imposition of export tax would be high risk  

By: Martin Creamer     14th September 2021 The imposition of a tax on the export of chrome ore would be high risk and the gain from such an intervention would likely be eroded fairly quickly by the high cost of electricity, which is the real problem. Chrome SA’s Alistair McAdam and Paul Anderson of Genesis Analytics highlighted this... 

Creamer Media Screenshot taken of McAdam during zoom interview
ChromeSA representatives Alistair McAdam and Paul Anderson on chrome export tax. Video: Darlene Creamer.

Colombia not liable to pay $736m to miner Eco Oro - govt

By: Reuters     13th September 2021 Colombia's government said on Friday a World Bank tribunal has ruled it is currently not liable to pay $736-million in damages to Eco Oro Minerals after the Canadian mining company alleged that the Andean nation's prohibition on mining in high-altitude wetlands constituted an indirect... 

National collaboration essential to win share of green hydrogen market, say debaters  

By: Martin Creamer     13th September 2021 South Africa’s early mover advantage in green hydrogen would fade and become ineffective over time without a collaborative, collective and holistic national approach that assures the export of green hydrogen over and above its domestic use. That was the strong message that came across in the... 

Screenshot taken by Creamer Media during debate on green hydrogen.
Hydrogen Economy Discussion covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Zambian President promises to cut deficit, review mining policies

By: Reuters     10th September 2021 Zambian President Hakainde Hichilema said on Friday his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies. In his first address to a new session of parliament since his election in August, Hichilema said officials would also... 

Broadening ESG has provided clear paths to economic benefit – Sibanye-Stillwater  

By: Martin Creamer     10th September 2021 Sustainability is not a function of compliance but rather a strategic imperative to change the role that mining plays in society and in economies, says Sibanye-Stillwater senior vice-president and head of sustainability Loyiso Ndlovu. “We do this by sticking to the knitting in being miners, and... 

Sibanye Investor Day 2021
Sibanye-Stillwater Investor Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Election result ignites opportunity to participate in supercycle

By: Claire O'Reilly     10th September 2021 With copper in the midst of a supercycle, and the recent ousting of Zambian President Edgar Lungu and the election of President elect Hakainde Hichilema, the potential for rapid reform to increase production and “seize what remains of the super cycle, should not be overlooked”, says law firm... 

Plans unfolding to rail manganese more efficiently – ARM 

By: Martin Creamer     9th September 2021 Diversified mining company African Rainbow Minerals (ARM) is looking to upgrading its private rail siding from 60 t to 100 t rail wagons so that it can transport manganese ore to the Port of Saldanha in a much more efficient way. Currently, the private rail siding at the Black Rock mine in the... 

Screenshot of Andre Jourbert of ARM taken during presentation of FY2021 results.
Photo by Creamer Media
ARM Ferrous CE Andre Joubert

Platinum demand strengthening – WPIC  

By: Martin Creamer     9th September 2021 Platinum demand appears to be strengthening on increased loadings, particularly in China’s strong-selling heavy-duty vehicles, more substitution of palladium by platinum, and greater investor interest, particularly with platinum’s links to the hydrogen economy. That is an overall outlook summary... 

Pic of WpIC research head
Platinum demand strengthening – WPIC

Botswana copper miner Khoemacau giving attention to ESG silver lining  

By: Martin Creamer     7th September 2021 Khoemacau Copper Mining of Botswana, which is ramping up to nameplate throughput of 3.65-million tonnes a year, is also giving attention to environmental social and governance (ESG) matters that include considerable renewable energy generation and promising community development initiatives. In... 

Picture from Cupric Canyon Capital and Khoemacau Copper Mining CEO Johan Ferreira
Cupric Canyon Capital CEO Johan Ferreira interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

WA unveils resources strategy

By: Esmarie Iannucci     7th September 2021 The resources sector has welcomed the Western Australian government’s release of its Resources Development Strategy, which outlined six priorities and focuses on policy to streamline approval processes, promote investment opportunities, and a commitment to continuing to support the successful... 

Image shows an openpit mining operation

Mexican miners warn of 'major delays' from environment, water rules

By: Reuters     6th September 2021 Mexican mining companies face "major delays" with environmental and water permits, the head of sector chamber Camimex said on Monday, as the metals sector seeks to boost operations in the one of the country's biggest industries. Camimex President Fernando Alanis told reporters during a webcast... 

Guinea bauxite prices rise on political turmoil

By: Reuters     6th September 2021 Prices for aluminium ore bauxite from Guinea hit their highest in almost 18 months in top metals consumer China on Monday, as buyers fretted about supply after a coup in the West African country. Guinea is the world's second-biggest producer of the raw material, which is refined into alumina, a... 

A ship carrying bauxite from Guinea is unloaded at a port.
A ship carrying bauxite from Guinea is unloaded at a port.

ARM earnings soar 136%, dividend up double plus

By: Martin Creamer     6th September 2021 The headline earnings of diversified mining company African Rainbow Minerals (ARM) soared 136% to a record R13-billion in the 12 months to June 30. The JSE-listed company, headed by executive chairperson Dr Patrice Motsepe, declared a final dividend of R20 a share, totalling R4 489-million. This... 

Creamer Media picture of the executive chairperson of African Rainbow Minerals.
Photo by Creamer Media
ARM executive chairperson Dr Patrice Motsepe

Implats studying three new projects as three approved projects get under way  

By: Martin Creamer     3rd September 2021 Platinum group metals mining and marketing company Implats is studying three new projects at the same time as three already approved projects get under way at a combined capital expenditure of close to R12-billion, Implats CEO Nico Muller has announced. During this week’s presentation of record... 

Picture of Implats CEO Nico Muller provided by Implats
Implats record financial results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Mining reform can alter bleak economic outlook

By: Theresa Bhowan-Rajah     3rd September 2021 The short- to medium-term outlook for Zimbabwe’s mining and natural resources sector is bleak and can be mitigated only if urgent reforms – such as taking a hard stance against criminal activity and a general overhaul of the paper-based cadastre system – are undertaken, says Beech Veltman CEO... 

Black and white image of Warren Beech
WARREN BEECH If Zimbabwe is serious about being open for business, urgent reform is required

PGMs create opportunity for Zim

By: Theresa Bhowan-Rajah     3rd September 2021 Mining consultancy company the MSA Group says platinum group metals (PGMs) price recovery has benefited mining operations in Zimbabwe, in that the price recovery has been largely towards palladium rather than platinum, consequently resulting in renewed focus on the industry. Palladium has been... 

A graph depicting the comparison of platinum and palladium prices
BUMPY ROAD Palladium has been more valuable than platinum since 2018

Implats contributes R13bn in taxes, royalties to South African government  

By: Martin Creamer     2nd September 2021 Platinum group metals (PGMs) mining and marketing company Implats has contributed about R13-billion in taxes and royalties to the South African government for the 12 months to June 30, Implats CFO Meroonisha Kerber said on Thursday. In total, the participation in value of the government,... 

Picture of Implats CFO  Meroonisha Kerber
Implats full-year results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Implats reports record financial results

By: Martin Creamer     2nd September 2021 Platinum group metals (PGMs) company Implats on Thursday reported record financial results for the 12 months to June 30, driven by higher volumes sold into a strong PGMs pricing environment. A final dividend of R12 a share was declared, bringing the total dividend for the full year ended June 30... 

Picture of Nico Muller, the CEO of Implats, a producer of PGMs
Implats CEO Nico Muller

Harmony planning further 73 MW of green electricity generation  

By: Martin Creamer     1st September 2021 Like everybody else, we’re on the verge of now starting to build our renewable energy plants. That is the latest news on the decarbonisation front from Harmony Gold CEO Peter Steenkamp, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.) 

Screenshot of Peter Steenkamp of Harmony during one-on-one Zoom interview
Harmony Gold CEO Peter Steenkamp interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Chile outlines plans for mining to increase traceability, use less water

By: Reuters     1st September 2021 Chile has outlined plans to require miners in the country to increase traceability, slash water use amid a prolonged drought, and bolster the diversity of their leadership in a mining policy blueprint published on Tuesday. The world's largest copper producer aims to retain its current 28% market... 

Chile outlines plans for mining to increase traceability, use less water

Copper royalty bill clears another hurdle in Chile

By: Bloomberg     1st September 2021 A bill that would create the heaviest tax burden among major copper-producing nations was approved by a Chilean senate mining committee on Tuesday. The royalty proposal passed by three votes to two and now goes to the senate floor for debate, with modifications likely to be presented in a bid to... 

Copper royalty bill clears another hurdle in Chile

Harmony Gold realises R1bn gain from hedge  

By: Martin Creamer     31st August 2021 Gold mining company Harmony Gold realised a R1-billion gain on derivatives in the 12 months to June 30. “This confirms that our more definitive hedging programme is yielding positive results, and we’ll still see that in future,” said Harmony Gold FD Boipelo Lekubo on Tuesday, in presenting what... 

Screenshot taken by Creamer Media of Harmony FD during August 2021 presentation.
Harmony Gold financial year results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Harmony profits 66% up on 26% higher production

By: Martin Creamer     31st August 2021 Gold mining company Harmony Gold on Tuesday reported a 66% increase in profits to R12-billion for the 12 months to June 30. The Johannesburg- and New York-listed company, headed by CEO Peter Steenkamp, increased gold production in the period to a 26%-higher 1 535 352 oz. 

Pic of Harmony CEO Steenkamp
Peter Steenkamp

Zulti South project delay is already having negative impact – RBM 

By: Martin Creamer     30th August 2021 The fact that the Zulti South mineral sands project is not being developed is already having a real impact, says Richards Bay Minerals (RMB) MD Werner Duvenhage. This is because RMB is already unable to fully utilise its smelting complex from a capacity perspective because ore grades in Zulti... 

Pic of RBM furnaces
Richards Bay Minerals smelting facility.

DRC reviewing $6bn mining deal with Chinese investors – Finance Minister

By: Reuters     27th August 2021 The Democratic Republic of Congo's (DRC's) government is reviewing its $6-billion "infrastructure-for-minerals" deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters. President Felix Tshisekedi said in May that some mining... 

Microgeneration, the future of green stable power

By: Claire O'Reilly     27th August 2021 Amid growing interest in the adoption of hybrid energy solutions and South African mines’ aiming to invest in on-site standalone or microgrid hybrid solutions, engineering services consulting firm WSP suggests that microgeneration and hybrid solutions are the future for local industries and mines.  

Overlapping image of wind power and solar panels to symbolize the hybridization of some micro-grids
TAKING THE POWER BACK African mines are investing in on-site standalone or microgrid hybrid solutions

Multinational oil company promotes EALs growth

By: Claire O'Reilly     27th August 2021 Biodegradable, environmentally acceptable lubricants (EALs) offer companies a solution to balance productivity and environmental protection, with performance levels comparable with those of conventional fluids, says multinational oil and gas company Shell.  

Metallurgical tests prove profitable

27th August 2021 Gold mining company African Gold Group in July announced the final metallurgical test results from its comprehensive sulphide testwork programme, which incorporated variability testing to determine the optimal process route of the ore across the extent of the orebody at its Kobada mine in Mali.... 

Gold nuggets on wooden table Shutterstock image
GOING FOR GOLD New results have reported a better than predicted recovery at the Kobada gold mine

Peru will seek to tax miners more when prices high - Peruvian PM

By: Reuters     26th August 2021 Peruvian Prime Minister Guido Bellido asked Congress on Thursday for legislative powers for the executive on tax matters as he seeks a first vote of confidence for the new cabinet of leftist president Pedro Castillo. Bellido said that the government also plans to tap the excess profits of mining... 

New horizons for uranium as a green metal – Sibanye-Stillwater  

By: Martin Creamer     26th August 2021 Precious and green metals portfolio company Sibanye-Stillwater on Thursday presented new horizons for uranium, which it described as a significant element in its green metals portfolio. Speaking after the company shot the lights out with record dividend-rich financial results, Sibanye-Stillwater... 

Creamer Media picure of Neal Froneman
Precious and green metals portfolio company Sibanye-Stillwater on Thursday presented new horizons for uranium.
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