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Legislative Environment News

Scorecard handed to mining industry

By: Martin Czernowalow     21st January 2003 The South African Department of Minerals and Energy (DME) confirmed yesterday that the Mining Charter ‘scorecard’ has been released to the mining industry, but would not be made public until a later stage. 

Scorecard to be signed off today

20th January 2003 Mining firms will not be tied to rigid deadlines as they implement a new charter that aims to give blacks a bigger stake in the white-owned industry, South Africa's mining minister said on Friday. 

PGM leader well on way to meet its BEE target

By: Joanne Delaurentis     13th December 2002 Platinum giant Anglo Platinum’s CEO Barry Davidson says that with current impending black economic empowerment (BEE) deals, the company is already close to meeting the five-year equity ownership target of 15%, set out in the new Mineral and Petroleum Resources Development Bill. 

Harmony – Mintek join forces to create new beneficiation group

12th December 2002 The world’s fifth-largest gold producer, Harmony Gold Mining Company, and Mintek, the leader in minerals and metals technology in South Africa, yesterday announced that the parties had signed a memorandum of understanding to create Musuku Beneficiation Systems, an integrated manufacturing... 

Canadian miners see great opportunity in South Africa

By: Keith Campbell     9th December 2002 Canadian companies see South Africa’s new mining dispensation as reason for optimism and not pessimism. 

IDC ponders mining empowerment role

By: Terence Creamer     6th December 2002 The State-owned Industrial Development Corporation (IDC) is pondering a strategic directive that will guide its response to an anticipated rise in deal flow that is likely as a result of changes to South Africa’s mining legislation. 

Canada sees great opportunities in South Africa’s mining sector

By: Keith Campbell     6th December 2002 Canadian companies see South Africa’s new mining dispensation as reason for optimism and not pessimism. 

Minerals law road show hits Perth

By: Kenneth Creamer     4th December 2002 The South African government continued its extensive global road-show which aims to communicate the intentions and implications of the country’s new mining laws in Perth, Australia, earlier this week. 

SA officials to attend Aussie gem gathering

26th November 2002 A high-profile team from the South African government, led by Minerals and Energy Affairs Deputy Minister Susan Shabangu, will give international diamond seekers a progress report on South Africa’s new Minerals Bill at the Australian Diamond Conference early next month. 

Mining firms to get charter report in December

19th November 2002 South Africa's big mining companies are likely to know next month how they should implement a new charter that aims to give blacks a bigger stake in the white-owned industry, a key negotiator said today. 

Mining law in place by June 2003

15th November 2002 South African legislation to change the white-dominated industry will be up and running by June next year, a senior government official said this week. 

Minister explains equity-beneficiation offset

15th November 2002 Companies which struggle to hit targets set in South Africa's mining charter to give blacks a higher stake in the industry could compensate by adding value in manufacturing projects, the mining minister said last week. 

Roadshow to garner global interest in mine fund

By: Joanne Delaurentis     15th November 2002 The roadshow to fully capitalise the New Africa Mining Fund (NAMF), launched last month, is expected to set off early next year. 

State, miners must honour agreements – Davison

14th November 2002 The recently-announced broad base socio-economic charter could be implemented successfully within the South African mining industry, provided that the scorecard reduces uncertainty of value leakage and bankability. 

Competition body positive about minerals law

6th November 2002 The “use it or lose it” provisions of the new Minerals and Energy Bill are a legislative attempt to avert the potentially "stifling effect" of joint ventures in the South African mining industry. 

SA mineral sales rise to record levels

By: Martin Czernowalow     6th November 2002 South Africa’s total primary mineral sales rose by slightly more than 18% last year, to a new record level of R116,2-billion, while total exports increased by 19% to more than R90-billion, said Chamber of Mines president Barry Davison yesterday. 

SA sees capital inflow after mining roadshow

5th November 2002 South Africa's Minerals Minister said yesterday she was confident of accelerated capital inflow after a London roadshow to ease investor fears over a charter to give blacks a higher stake in the mining sector. 

Mine charter scorecard ready soon – official

4th November 2002 A scorecard, to chart the progress of South Africa's mining industry to give blacks a bigger stake in the sector, would be ready within two months, an official at the Minerals and Energy Department said on Friday. 

Association calls for industry-wide health and safety evaluations

By: candice haase     1st November 2002 As the mining industry awaits the implementation the Mineral and Petroleum Resources Development Act, Aggregate and Stone Producers Association of South Africa director Nico Pienaar has faith in the Department of Minerals and energy and the government’s efforts in this regard. 

New skills unit standards by 2004

By: candice haase     1st November 2002 With the recent furore over the financial elements of the leaked Mining Charter, it seems that the public lost focus of one of the critical elements in the industry. 

Royalty moratorium for SA's existing miners

31st October 2002 South Africa's existing mining companies will not be liable to a proposed mining levy until they convert their mining rights to so-called new-order licences, Finance Ministry officials said on Tuesday. 

Mining's development deficit needs attention

By: Martin Zhuwakinyu     28th October 2002 The World Summit on Sustainable Development (WSSD) has come and gone, but its repercussions will be felt in several fields of human endeavour for many years to come. 

Region must put spotlight on mining's development deficit – MMSD

By: Martin Zhuwakinyu     25th October 2002 The World Summit on Sustainable Development has come and gone, but its repercussions will be felt in several fields of human endeavour for many years to come. 

Ferronickel plant plan

18th October 2002 Name of the project and location Ferronickel plant plan, South Africa. Project description Mintek is investigating the construction of a local ferronickel plant to smelt nickel ore brought in from abroad. About three million tons of fine nickel laterite ore containing about two percent nickel,... 

Rush to value mineral rights, licences

By: Deborah Spicer     18th October 2002 Increasing numbers of companies are getting their mineral rights and licences valued as a result of the Mineral and Petroleum Resources Development Bill and proposed new accounting requirements which will stipulate that firms need to have these assets valued as part of corporate-compliance... 

Mineral law may scupper exploration

By: Terence Creamer     18th October 2002 A leading mining lawyer has raised a concern that South Africa’s new mining legislation may have the unintended consequence of discouraging prospecting due to a lack of clarity on the role that black economic empowerment (BBE) should play within that phase. 

Ferronickel plant plan for SA

By: Joanne Delaurentis     15th October 2002 South Africa requires about 80 000 t of nickel a year for its stainless-steel production. However, the country currently only produces about 35 000 t/y – resulting in a deficit of some 45 000 t of nickel a year. 

Ferronickel plant plan for South Africa

By: Joanne Delaurentis     11th October 2002 South Africa requires about 80 000 t of nickel a year for its stainless-steel production, however, the country currently only produces about 35 000 t/y – resulting in a deficit of some 45 000 t of nickel a year. 

Saleable products from discarded coal slurries are made possible

By: marisa rodrigues     13th September 2002 The collaborative research programme set up to address the specific needs of the coal mining industry in South Africa, Coaltech 2020, has achieved some exceptional results. 

Royalties and the Minerals Bill

By: Hulme Scholes     13th September 2002 It is apparent from draft 15D of the Mineral and Petroleum Resources Development Bill, that the legislature intends to cancel financial considerations payable by mining companies to mineral right holders, pursuant to commercial transactions concluded prior to the promulgation date of the Bill,... 

Small miners call for mentorship

By: Joanne Delaurentis     13th September 2002 Despite initiatives by the Chamber of Mines, the Department of Minerals and Energy (DME), research institutions and parts of the private mining sector to help foster growth in the local small-scale mining sector, these initiatives need to go further to include hands on mentorship and marketing... 

New mining cadaster developed, South Africa to be re-explored

By: candice haase     6th September 2002 In the wake of the introduction of the Mineral Resources and Petroleum Development Bill, the Council for Geoscience has assisted the Department of Minerals and Energy (DME) in the development of a new mining cadaster for South Africa. 

Research group delves into valuation of mineral properties

6th September 2002 Two years ago, as part of the Deepmine Research initiative, The University of the Witwatersrand (Wits) Mining School started an extensive research programme on how government policies, taxes and laws impact on mineral investments. 

SA mining company is ready for a new mining-rights era

By: Keith Campbell     23rd August 2002 SOUTH African mining company Randgold & Exploration plans to use its existing mineral rights either as a basis for joint ventures (JV), particularly with black economic empowerment (BEE) companies, or sell them outright, again preferrably to BEE miners, Mining Weekly can report. 

Industry, State forge common vision on charter

22nd August 2002 South Africa's mining industry said on Wednesday a meeting to forge details of a controversial charter had yielded a "common vision" on boosting black participation in the white-dominated industry. 

State, industry tight lipped on charter talks

By: Martin Czernowalow     21st August 2002 Negotiations around the empowerment charter for South Africa’s mining industry will push on until a positive outcome is reached, the head of communications at the Department of Minerals and Energy (DME) told Mining Weekly Online yesterday. 

New mining law likely to be delayed until 2003

20th August 2002 South Africa's government said on Monday the enactment of a controversial new mining law was likely to be delayed by negotiations on a related money bill to set mining royalties. 

Bill fails to deal with complexities of mining mixed minerals in SA

By: Hulme Scholes     16th August 2002 A colleague recently wrote with respect to the Minerals and Petroleum Resources Development Bill 2002, that the objectives of the Bill are laudible, but the “devil is in the detail”. 

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