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Legislative Environment News
Completion of first phase of Kore Potash’s new starter project expected in May 
By: Martin Creamer 11th November 2020 The current strategy of Kore Potash is to focus on the Dougou Extension (DX) project, a 400 000 t/y selective solution-mining project in the Republic of Congo (RoC), rather than the considerably larger Kola underground mining project. Kola, as the first project of the AIM-, ASX- and JSE-listed... →
Platinum-linked green hydrogen economy right for Africa, says project manager
By: Martin Creamer 10th November 2020 The long value chain of green hydrogen economy has the potential to create a multiplicity of jobs and open up the market for investment possibilities for the Southern African region into what is expected to become a multi-trillion-dollar global decarbonisation market. Forschungszentrum Jülich... →
Ferrochrome commits to 750 MW self-generation, junior mining support
By: Martin Creamer 9th November 2020 South Africa’s struggling ferrochrome industry has committed itself to far-reaching efficiencies and competitiveness initiatives, including the self-generation of 750 MW of wind, solar and cogenerated power, support of junior mining development and the encouragement of local coking coal... →
Struggling South African ferrochrome industry commits to competitiveness programme.
Zambia copper explorer has exclusivity agreement with Anglo American
By: Martin Creamer 9th November 2020 Copper explorer Arc Minerals, which has done extensive exploration drilling in Zambia in its study of a near-term copper opportunity, has signed an exclusivity agreement with Anglo American, Arc Minerals executive chairperson and CEO Nick von Schirnding has reported. The UK Aim-listed Arc... →
Barrick CEO sees no big risk of Mali changing mining conventions
By: Reuters 6th November 2020 Barrick Gold does not see a big risk of Mali changing its mining conventions, its chief executive said on Thursday, after Mali's interim president said the country aimed to review mining contracts signed during previous administrations. "It's acceptable that the new government would want to query... →
Improvements in rock engineering reduce accidents
6th November 2020 Rock-related accidents have reduced significantly in recent decades, owing to incremental improvements in rock engineering practice, says independent consulting firm of engineers and scientists SRK Consulting chairperson William Joughin. He states that the company’s contribution in this field... →
Proximity alone insufficient to assure SA firms any share of Moz gas action
By: Darren Parker 6th November 2020 Much can still be done by South African business to ensure that opportunities stemming from Mozambique’s myriad large-scale liquefied natural gas (LNG) projects do not pass them by. Various LNG projects along the Mozambique coast continue to gain momentum as major oil and gas multinationals, such... →
Covid-19 measures hinder production
By: Khutso Maphatsoe 6th November 2020 Health and safety measures at Canyon Coal mines have changed drastically since the emergence of the pandemic, and this has had an impact on production, says Canyon Coal health, safety and environment manager David Masilela. He explains that employees have had to change the way they operate and... →
Tanzania finalising permit for its first rare-earth metals mine
By: Bloomberg 5th November 2020 Tanzania is in the final stages of approving a permit for the country’s first rare earths mine to Australian company Peak Resources as the government seeks a bigger share of revenue from natural resources. The State is also finalising a gold-mining license for another Australian company, OreCorp... →
Wits Basin’s shallow gold reefs to be mined as economic environment creates huge tailwind
By: Martin Creamer 4th November 2020 New mid-tier gold aspirant Shallow Reefs Gold is in the process of being built in South Africa to mine the shallow reefs of South Africa’s historic Witwatersrand Gold Basin. Shallow Reefs Gold has former Mineral Resources Minister Susan Shabangu and former Exxaro chairperson Sipho Nkosi on board... →
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... →
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
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.... →
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... →
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... →
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... →
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... →
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... →
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
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... →
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... →
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. →
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. →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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. →
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