https://www.miningweekly.com
R/€ = 16.62 Change: -0.04
R/$ = 13.72 Change: -0.11
Au 1877.34 $/oz Change: 0.17
Pt 1151.00 $/oz Change: 10.00
 

Legislative Environment News

High-flying Barrick Gold opens up exploration front in Japan 

By: Martin Creamer     11th August 2020 High-flying Barrick Gold has established a gold exploration joint-venture front in Japan. “Japan has opened up its mining and exploration legislation for the first time since the war,” Barrick Gold CEO Dr Mark Bristow told Mining Weekly on Tuesday. 

BLSA’s Mavuso laments lack of investment in South Africa

By: Simone Liedtke     11th August 2020 While there are talks of mobilising more investment to kickstart the South African economy post-Covid-19, Business Leadership South Africa (BLSA) CEO Busi Mavuso laments that current developments are showing the opposite, as projects and investments have either been cancelled or delayed. In her... 

Uncertain when Milnerton oil refinery will come back on stream ­ 

By: Martin Creamer     11th August 2020 Astron Energy’s oil refinery in Cape Town, where a fire broke out last month killing two people and injuring seven others, remains closed while a full investigation into the incident is carried out. The former Chevron 100 000 bbl/d Milnerton refinery – which with the Caltex brand now fall under... 

Uncertain when Milnerton oil refinery will come back on stream ­
Photo by Astron Wesbite
Cape Town refinery.

Mponeng transfer to Harmony expected soon – AngloGold 

By: Martin Creamer     11th August 2020 The transfer of Mponeng gold mine to Harmony Gold is down to Department of Minerals Resources and Energy approval under legislation relating to mine transfer, according to outgoing AngloGold Ashanti CEO Kelvin Dushnisky. Answering analysts questions following the presentation of the company’s... 

Mponeng transfer to Harmony expected soon – AngloGold
AngloGold COO Africa Sicelo Ntuli

Ferrochrome business remains solid, world still requires large amount of it – Glasenberg 

By: Martin Creamer     11th August 2020 The ferrochrome business remains solid and there is still a large amount of ferrochrome required in the world. Unfortunately, most of the production occurs in ferrochrome plants in China, while South Africa continues exporting chrome ore and moving a large amount of it to China owing to South... 

Ferrochrome business remains solid, world still requires large amount of it – Glasenberg
Ivan Glasenberg

Mine export values back but volumes need boosting – Minerals Council 

By: Martin Creamer     10th August 2020 South Africa’s mine export values have bounced back encouragingly but volumes still need boosting. June’s export value was 13% up on May. 

Mine export values back but volumes need boosting – Minerals Council
Production and export volumes compared with export values.

Exploration and mining licence management system supports junior miners in Namibia

By: Schalk Burger     7th August 2020 A new exploration and mining licence management system is helping companies operating in Namibia to manage all aspects of mine licences and regulatory requirements. The system allows companies to monitor and manage the licences, as well as receive timely warnings of missing documents or... 

Exploration and mining licence management system supports junior miners in Namibia
Minrom CEO Oscar van Antwerpen

High-flying AngloGold posts colossal free cash surge as it weathers Covid disruption  

By: Martin Creamer     7th August 2020 Gold mining company AngloGold Ashanti on Friday posted a colossal surge in half-year free cash flow generation, most of it coming in the three months to June 30. Free cash flow before growth capital, the metric on which dividends are calculated, rose 376% - or nearly fivefold - to $324-million... 

High-flying AngloGold posts colossal free cash surge as it weathers Covid disruption
Photo by Creamer Media
AngloGold CFO Christine Ramon (right) is interim CEO, with pre-Dushnisky CEO Srinivasan Venkatakrishnan. Some have speculated on Venkat's possible return.

WA hits new timeframes for PoW assessments

By: Esmarie Iannucci     7th August 2020 The Western Australian state government on Friday announced that it has successfully halved the assessment timeframes for exploration programme of work applications. The Department of Mines, Industry Regulation and Safety (DMIRS) in February announced plans to streamline the approval timeframe... 

Women representation in mining ‘getting there’

By: Mamaili Mamaila     7th August 2020 Women have definitely been taking up more opportunities in the mining sector, and this is even evident when visiting underground operations, says explosives and blasting company BME. 

Women representation in mining ‘getting there’
ONWARDS AND UPWARDS BME has a promising representation of women in its ranks, from operator level to mining engineers, including the company’s logistics and central services

Women representation agenda is at even odds – WiMSA

By: Mamaili Mamaila     7th August 2020 The South African mining sector has improved significantly in terms of the representation of women, compared with the situation ten years ago, says mining industry organisation Women in Mining South Africa (WiMSA). 

Women representation agenda is at even  odds – WiMSA
THABILE MAKGALA One positive that may emerge from the Covid-19 pandemic may be an accelerated modernisation of work, which will make careers in mining not only more accessible to women but also more fulfilling and productive for men and women

Women forge ahead on level playing field

By: Mamaili Mamaila     7th August 2020 While the mining, construction, manufacturing, and health and safety sectors were once male-dominated, the women heading global solutions company SafetySA’s business units have upended the stereotypes, proving that South Africa’s women need nothing more than a level playing field to forge ahead.  

Women forge ahead on level playing field
PALESA GAASENWE While sectors, such as mining, may have initially had reservations about young women training their mainly male staff, for example, those reservations are not as prevalent today

Forums advancing women representation

By: Mamaili Mamaila     7th August 2020 Specialty chemicals company Clariant – which is focused on sustainability and innovation – strongly believes in diversity and inclusion within the company. 

Forums advancing women representation
LINDA MAHLANGU The metallurgical sector does not struggle to attract women as much as it struggles to retain them

Minerals Council welcomes new global tailings management standard

By: Simone Liedtke     6th August 2020 The Minerals Council South Africa has welcomed the publication of the new Global Industry Standard on Tailings Management. The Global Tailings Review (GTR) on August 5 launched the Global Industry Standard on Tailings Management, which aims to ensure tailings dam failures are a thing of the past. 

Platinum continuing to attract strong investor interest – WPIC  

By: Martin Creamer     5th August 2020 The interest in platinum group metals (PGMs) is high at the moment, World Platinum Investment Council (WPIC) research director Trevor Raymond said on Wednesday. Speaking to Mining Weekly from London in a Zoom interview, Raymond said: “As you know, the WPIC doesn’t forecast price but one of our... 

Platinum continuing to attract strong investor interest – WPIC
World Platinum Investment Council research director Trevor Raymond talks to Mining Weekly’s Martin Creamer. (Video: Darlene Creamer)

Global Industry Standard on Tailings Management puts communities at the forefront   

By: Marleny Arnoldi     5th August 2020 The Global Tailings Review (GTR) on August 5 launched the Global Industry Standard on Tailings Management, which aims to ensure tailings dam failures are a thing of the past. The GTR was co-convened by the United Nations Environment Programme (UNEP), the Principles for Responsible Investment... 

Global Industry Standard on Tailings Management puts communities at the forefront
The Corrego do Feijao tailings dam collapse, in Brumadinho, left the nearby river polluted

Exploration, cheaper inputs, solid laws and better logistics key to mining sector's growth

By: Marleny Arnoldi     4th August 2020 Even before Covid-19 hit South African shores, the mining industry was already in a structural decline and, without significant intervention to alter this trajectory, the sector's output, employment and economic contribution will continue to decline. Business for South Africa (B4SA) risk work... 

High-flying, dividend-talking RBPlat going into second half with tailwinds  

By: Martin Creamer     4th August 2020 High-flying platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) is going into the second half of this Covid-hit year well-positioned with stockpile, upper group two (UG2), lower capital and gold-streaming tailwinds. RBPlat CEO Steve Phiri told a half-year results... 

High-flying, dividend-talking RBPlat going into second half with tailwinds
Royal Bafokeng Platinum CEO Steve Phiri interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Congo to suspend value-added tax exemption for mining imports

By: Reuters     4th August 2020 Democratic Republic of Congo is suspending the value-added tax (VAT) exemption on imports by mining companies in an effort to bolster state revenue, the budget minister said. Jean-Baudouin Mayo told the finance minister to implement the government's decision to suspend the exemption after... 

RBPlat reports sky-rocketed first-half earnings on lower Covid-hit output 

By: Martin Creamer     4th August 2020 Mid-tier platinum group metals producer Royal Bafokeng Holdings on Tuesday reported sky-rocketed earnings on lower Covid-19-impacted half-year production. The JSE-listed company’s earnings before interest tax depreciation and amortisation in the six months to June 30 soared 297.2% to more than... 

RBPlat reports sky-rocketed first-half earnings on lower Covid-hit output
Photo by Creamer Media
Royal Bafokeng Platinum CEO Steve Phiri.

Exchange control lifting sends strong growth message – Anglo 

By: Martin Creamer     4th August 2020 The lifting of exchange control by South Africa sends a really strong message about the country’s desire to promote investment and growth, says Anglo American finance director Stephen Pearce. He gave South Africa a pat on the back during Anglo’s virtual presentation of half-year results last... 

Exchange control lifting sends strong growth message – Anglo
Anglo American finance director Stephen Pearce

Crop nutrients have double potential of coal being exited – Anglo 

By: Martin Creamer     3rd August 2020 Covid-19 notwithstanding, diversified mining company Anglo American will this year be spending the $300-million that it forecast on the Woodsmith polyhalite project in the UK, which gives it entry into the crop nutrients business at a time when fertilising is being hailed a godsend to ease global... 

Crop nutrients have double potential of coal being exited – Anglo
Photo by Anglo American
Anglo American's Woodsmith polyhalite mining shaft under construction.

WA promises reforms to boost economy

By: Esmarie Iannucci     31st July 2020 The Association of Mining and Exploration Companies (Amec) has welcomed the Western Australian government’s decision to turbocharge regulatory reforms in order to boost economic recovery. The state government on Friday announced that state laws would be amended to further streamline mining and... 

Glencore’s strong first-half positions it for top-end marketing earnings 

By: Martin Creamer     31st July 2020 Diversified mining and marketing company Glencore has delivered an overall strong  first-half operating performance amid the unprecedented challenges presented by  Covid-19. “This reflects both the ability and dedication of our teams to adapt to these difficult conditions,” said Glencore CEO Ivan... 

Glencore’s strong first-half positions it for top-end marketing earnings

GroundWork approaches court over IRP 

By: Marleny Arnoldi     31st July 2020 Environmental organisation GroundWork has launched new court proceedings against the Mineral Resources and Energy Minister Gwede Mantashe and the National Energy Regulator of South Africa (Nersa). GroundWork stresses that decisions about South Africa’s energy future must be made in a... 

Lockdown highlights importance of data governance in mining

By: Cameron Mackay     31st July 2020 Covid-19 and the subsequent national lockdown have driven the demand for digital technologies, which has highlighted the importance of data management, governance and quality in the mining industry, notes digital solutions provider Master Data Management MD Gary Allemann.   “People working from... 

Lockdown highlights importance of data governance in mining
GARY ALLEMANN We’re looking more at mines where there’s an economy of scale, and therefore making some investments in data makes sense

World’s seeing widespread investment plans in hydrogen – Anglo 

By: Martin Creamer     30th July 2020 The broader portfolio of diversified mining and marketing company Anglo American is positioned to contribute an environmental-led new materials demand in a world that is seeing widespread investment plans in hydrogen, Anglo CEO Mark Cutifani said on Thursday. “We’ve seen the early evolution of... 

World’s seeing widespread investment plans in hydrogen – Anglo
Photo by Anglo American
Anglo says hydrogen is a clean and abundant fuel with applications using PGMs

Operational agility underpins Anglo’s $3.4bn half-year earnings 

By: Martin Creamer     30th July 2020 The first half of 2020 has tested society to its limits, Anglo American CEO Mark Cutifani said on Monday, when the company reported 39%-lower $3.4-billion half-year earnings before interest, taxes, depreciation and amortisation (Ebitda). The interim dividend of $0.28 a share declared by Anglo is... 

Operational agility underpins Anglo’s $3.4bn half-year earnings
Photo by Anglo American
Profit attributable to equity shareholders of $0.5bn compared with last half-year’s $1.9-bn.

Flight to quality favours South Africa – Kumba Iron Ore 

By: Martin Creamer     29th July 2020 The flight to iron-ore quality, driven by environmental concerns and the need for cleaner production and less air pollution, is a demand trend that favours South Africa’s high quality iron-ore. That is the view of Kumba Iron Ore executive head marketing and seaborne logistics Timo Smit, who was... 

Flight to quality favours South Africa – Kumba Iron Ore
Illustrated is Kumba Iron Ore's pit-to-port performance in the six months to June 30.

All-female exploration crew drilling for iron-ore in Northern Cape 

By: Martin Creamer     29th July 2020 An all-female exploration crew has commenced drilling activities on two new prospecting sites in the Northern Cape, where Kumba Iron Ore, with its drilling partner Rosond, is rolling out a fleet of next-generation exploration rigs that incorporate completely automated rod handling and are... 

All-female exploration crew drilling for iron-ore in Northern Cape
Photo by Kumba Iron Ore
All-female exploration crew drilling for iron-ore in Northern Cape

Risky business for Australian miners

By: Esmarie Iannucci     28th July 2020 Climate change and natural disasters, as well as commodity price risks were topping the list of concerns for Australian miners, a new report by KPMG has found. KPMG partner and mining risk specialist Caron Sugars said on Tuesday that profound changes had occurred since KPMG conducted its 2020... 

Risky business for Australian miners

PGM prices expected to remain robust in the short term   

By: Martin Creamer     27th July 2020 Platinum group metals (PGMs) prices are expected to remain robust in the short term, with demand and supply starting to balance. Covid notwithstanding, the average realised dollar basket price of Anglo American Platinum (Amplats) in the six-month to June 30 was 56% higher year-on-year at $1 956 a... 

PGM prices expected to remain robust in the short term
Anglo American Platinum CEO Natascha Viljoen is interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Fatality-free Amplats delivers higher earnings, declares dividend

By: Martin Creamer     27th July 2020 Platinum group metals (PGM) mining and marketing company Anglo American Platinum (Amplats) on Monday reported a robust set of financial results and a strong safety performance, illustrating the resilience of the business despite significant headwinds. The JSE-listed company delivered 6%-higher... 

Fatality-free Amplats delivers higher earnings, declares dividend
Anglo American Platinum CEO Natascha Viljoen.

Australia's Cabinet approves single-touch approvals for major projects

By: Esmarie Iannucci     24th July 2020 The National Cabinet on Friday agreed to move to single-touch environmental approvals underpinned by national environmental standards for Commonwealth environmental matters. Prime Minister Scott Morrison said the government was also hoping to cut excessive waiting time for project approvals,... 

Australia's Cabinet approves single-touch approvals for major projects
Photo by Bloomberg
Australia PM Scott Morrison

Sacred site destruction demonstrates industry's need to improve corporate citizenship

By: Mamaili Mamaila     24th July 2020 Diversified miner Rio Tinto's destruction of a 46 000-year-old sacred Aboriginal site in the Juukan Gorge in the Pilbara – which occurred in last month following a misunderstanding during the extension of the Brockman 4 iron-ore mine – demonstrates the adverse environmental and cultural impact... 

Sacred site destruction demonstrates industry's need to improve corporate citizenship
Photo by Reuters
IN THE SPOTLIGHT Devastation left in the wake of a tailings dam burst owned by Vale and BHP Billiton in Mariana, Brazil

Iron-ore-rich Guinea shows much potential

By: Mamaili Mamaila     24th July 2020 With Guinea not being a producer of iron-ore as yet, the major challenge for its projects – which are under consideration, owing to changing supply-and-demand dynamics – pertains to the evolution of investors’ commitments in response to the iron-ore price. 

Iron-ore-rich Guinea shows much potential
Photo by Bloomberg
WEST SIDE LOOKING UP Guinea is likely to increase its revenue gained from mining more rapidly than from other economic activities

Africa’s iron-ore sector largely unexplored – consultant

By: Mamaili Mamaila     24th July 2020 Mining projects in Africa, particularly those in the iron-ore sector, require deep pockets, lengthy feasibility studies and complementary infrastructure assets, such as efficient logistics channels, to get products from mine to markets. 

Africa’s iron-ore sector largely unexplored – consultant
Photo by Kumba Iron Ore
LOCAL IS LEKKER China imports some of its iron-ore for its steel manufacturing and construction industries from producers in the Northern Cape, such as Kumba Iron Ore

Menar’s R250m cash-funded solar-served East Manganese project is under way  

By: Martin Creamer     23rd July 2020 Initial project activities are under way at the R250-million cash-funded East Manganese project in Hotazel, Northern Cape, where the hot sun will be harvested to provide solar power to the mine’s infrastructure. The development forms part of the company’s strategy of building a manganese... 

Menar’s R250m cash-funded solar-served East Manganese project is under way
Menar MD and co-founder discusses manganese project with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
9 10 11 12
13
14 15 16 17

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