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Legislative Environment News

Concern over upcoming Mining Charter review in absence of original architects

By: Martin Creamer     24th October 2008 “From an industry perspective, we no longer have major players like Bobby Godsell, Con Fauconnier, Rick Menell and Barry Davison. “Labour has lost both Gwede Mantashe and Geoff Magida. 

Draconian mine safety Bill to create ‘severe problems’ – attorney

By: Martin Creamer     24th October 2008 South Africa’s draconian new Mine Health and Safety Amendment Bill will create “severe problems” if enacted, says Brink Cohen Le Roux partner Willem Le Roux. Particularly offensive, Le Roux says, are sections relating to corporate homicide for employers and the closure of accident sites.  

New State mining company exempt from ‘application’ criteria only – DME 

By: Martin Creamer     21st October 2008 The State mining company is exempt from the “application” criteria of South Africa’s minerals legislation only, and not from the legislation’s key “granting” criteria, says Department of Minerals and Energy (DME) DDG Jacinto Rocha. Minerals and Energy Minister Buyelwa Sonjica has, in a... 

SA's draconian new mine Safety Bill will create ‘severe problems’ – attorney  

By: Martin Creamer     20th October 2008 South Africa’s draconian new Mine Health and Safety Amendment Bill will create “severe problems” if enacted in its present form, says Brink Cohen Le Roux partner Willem Le Roux. Le Roux tells Mining Weekly Online that sections relating to corporate homicide for employers and the closure of... 

Further regulatory burdens on horizon for mining industry – Peter Leon

By: Martin Creamer     17th October 2008 Recent regulatory developments in the South African mineral regime will almost certainly place further regulatory burdens on the industry at a time of declining mining production, says Webber Wentzel natural resources head Peter Leon. 

Ten-million would lose daily subsistence if South African mining ceased – Chamber

By: Martin Creamer     17th October 2008 Without mining South Africa would lose more than half of its total merchandised exports and a million people would be without their daily subsistence, Chamber of Mines of South Africa CE Zoli Diliza says.  

South Africa’s State mining company gazetting ‘concerning’ – Chamber   

By: Martin Creamer     16th October 2008 The government gazette notice relating to the new State mining company appeared to “negate the principle of equality before the law” and “we are concerned”, acting Chamber of Mines (CoM) of South Africa CE Frans Barker said on Thursday. Barker’s comment followed Wednesday’s by Webber Wentzel... 

South African Minerals Minister ‘may have acted unlawfully’ – Peter Leon 

By: Martin Creamer     15th October 2008 South Africa's Minister of Minerals and Energy might have acted unlawfully by exempting State-owned African Exploration Mining & Finance Corporation from key licensing provisions of the Mineral and Petroleum Resources Development Act (MPRDA), Webber Wentzel natural resources and regulatory... 

More than 70% of SA mining rights still have to be converted

By: Irma Venter     10th October 2008 Roughly three in ten South African mining operations have applied for new-order mining rights, and now the Department of Minerals and Energy (DME) warns that the 2008 class of converted is too small - especially since the process of changing old-order mining rights into new-order mining rights is... 

Africa is now where China was when Nixon, Kissinger predicted huge growth, says Anglo American’s Dlamini

By: Martin Creamer     10th October 2008 Africa is now at the stage where China was in the Seventies - ripe for investment and poised for attractive investment returns, says Anglo American South Africa head Kuseni Dlamini. 

State-owned South African mining company planned – DME  

By: Martin Creamer     9th October 2008 A decision had been taken to develop a State-owned mining company in South Africa, but there would not be nationalisation of the South African mining industry, Department of Minerals and Energy deputy D-G Jacinto Rocha said. Rocha told an audience at GIBS university in Johannesburg that “the... 

Rapid minerals expansion still needed to meet long-term demand – commentators 

By: Martin Creamer     7th October 2008 Rapid expansion of minerals projects was needed, not curtailment, if long-term demand for commodities was to be satisfied, Venmyn mineral industry adviser Neil Mc Kenna said on Tuesday. Mc Kenna said that the sharp drop in commodity prices had been the result of factors largely unrelated to the... 

First gold from Elandsdrift December – Simmer & Jack

By: Martin Creamer     6th October 2008 First gold from Simmer & Jack Mines (Simmers) Elandsdrift heap-leach operation was expected in December, CEO Gordon Miller said on Monday. Miller said that its Mpumalanga-based subsidiary, Transvaal Gold Mining Estates Limited (TGME), was expected to begin the heap-leaching process before the... 

SA mines can cut power by more than Eskom’s 10% – Schneider Electric 

By: Martin Creamer     3rd October 2008 South Africa's mines could cut power consumption by more than the Eskom-mandated 10%, Schneider Electric president and CEO Jean-Pascal Tricoire said on Friday. Tricoire told Mining Weekly Online in Johannesburg that Schneider was able to buffer critical equipment during power outages as well as... 

Trial mining on Central Rand gets under way

By: Leandi Kolver     3rd October 2008 Mining company Central Rand Gold (CRG) embarks on trial mining near the Johannesburg central business district this week, after it was awarded a mining licence recently.  

Adanac gets encouraging news on permitting for BC moly project

By: Liezel Hill     30th September 2008 The Canadian government has told Adanac Molybdenum that its Ruby Creek project, in northern British Columbia, will now be evaluated for a mining permit by means of a screening-level assessment, rather than through a comprehensive study, which could result in a shorter permitting process, Adanac... 

No plan for State-owned mining company ‘at the moment’ – SA Minerals Ministry  

By: Martin Creamer     29th September 2008 There was no plan “at the moment” for the creation of a State-owned mining company as the National Union of Mineworkers (NUM) proposed at South Africa’s mining summit, Minerals and Energy Ministry spokesperson Sputnik Ratau said on Monday. Ratau told Mining Weekly Online that a plan to create a... 

IDC to sell stake in Foskor to black investors, community

By: Esmarie Iannucci     26th September 2008 The State-owned development finance institution, the Industrial Development Corporation (IDC), would initiate process to introduce broad-based black economic-empowerment (BEE) shareholding to phosphate and phosphoric acid producer Foskor. The IDC, which owns 85% of Foskor, would sell and... 

Not all citizens benefiting from Africa’s minerals

By: Brindaveni Naidoo     26th September 2008 National patrimony and the sustainable use of assets are important policy objectives as mining assets and rights in host countries ultimately belong to citizens, but the challenge in Africa is ensuring that mineral resources benefits all citizens. 

‘Unusual, very attractive’ tax-free mining incentive – Gippsland 

By: Martin Creamer     23rd September 2008 The Egyptian government is incentivising mining projects in a “very unusual, but very attractive tax-free way" that includes repayment of capital expenditure with interest, Gippsland Limited reports. “First of all we have no royalty, and the whole project is set up in a free-trade zone. This... 

Don't impose enviro tax – Chamber 

By: Martin Creamer     22nd September 2008 The South African government needs to consider holding back the imposition of the 2c/kWh environmental tax until the country has worked through the energy crisis, says Chamber of Mines economist Roger Baxter. “We have been arguing, and we are going to continue arguing, that government needs... 

Distributing mining wealth fairly crucial for sustainable future

By: Guy Copans     19th September 2008 Ensuring that wealth generated from mining is distributed fairly to mineworkers is crucial to the development of South Africa, argues broad based-empowerment trusts advisory service company The Esop Shops’s Gavin Hartford. 

Mining offers hope to 'break through barriers of poverty' in Africa, says Australian High Commissioner

By: Martin Creamer     19th September 2008 Mining is the most important ‘sunrise’ industry in Africa at the moment, says the Australian High Commissioner to Africa Philip Green. Green, who addressed the Africa Downunder mining conference in Perth last week, says mining “offers as much hope as just about anything does” to break through... 

Don't hurt 'precious' mining industry in 2009 Mining Charter review, Chamber CE pleads

By: Martin Creamer     19th September 2008 South Africa’s mining sector is far too precious a national asset to have it jeopardised by investment community perceptions of uncertainty, duplicity and volatility during the upcoming review of the mining charter, says Chamber of Mines CE Zoli Diliza. Diliza, who addressed the Mining Summit in... 

DRC mining contract review nearing completion

By: Esmarie Iannucci     17th September 2008 The Democratic Republic of Congo’s (DRC’s) mining review process was in its final phase, with negotiations between the State and a number of the 61 contract holders nearing conclusion, the Ministry of Mines said this week. However, some of the contract holders still had to make “meaningful... 

Delta to contest Liberia iron-ore exclusion – CEO

By: Martin Creamer     16th September 2008 Diversified South African exploration and mining company Delta Mining Consolidated (DMC) would contest any exclusion from iron-ore development in Liberia, DMC CEO Heine van Niekerk said on Tuesday. Van Niekerk was responding to a Reuters report that the Liberian government had on Monday... 

500 Aussies do job of 3 000 South Africans – Chamber of Mines

By: Martin Creamer     10th September 2008 Five hundred Australian mine workers were able to do what it took 3 000 South African mine workers to do on comparable surface operations, Chamber of Mines vice-president Robbie Lazare said on Wednesday in response to National Union of Mineworkers general secretary Frans Baleni asserting that... 

1 000-MW power proposal to Eskom on Wednesday – Aviva

By: Martin Creamer     5th September 2008 Australia- and Botswana-listed energy coal company Aviva would be submitting a proposal to Eskom on Wednesday for the supply of 1 000 MW of additional power into the South African electricity grid, Aviva CEO Lindsay Reed said on Friday. Reed told the Africa Downunder conference in Perth that... 

Liquidity-hit London Aim companies looking at SA dual listings – JSE

By: Martin Creamer     5th September 2008 Liquidity-deprived London Alternative Investment Market (Aim) companies were looking to listing on the JSE in South Africa to enhance liquidity, JSE Limited GM Noah Greenhill said on Friday. Greenhill told the Africa Downunder conference in Perth that the JSE was a viable alternative... 

Implats can be ‘very instrumental’ in Zimbabwe’s economic reconstruction, says CEO David Brown

By: Martin Creamer     5th September 2008 The world’s second-largest platinum company Impala Platinum can be “very instrumental” in any economic reconstruction of Zimbabwe, where the company touches the lives of 50 000 people and where it is currently investing an additional R2,3-billion, says Implats CEO David Brown. Brown says that... 

Mining law amendment will ‘destroy consultation between mines and communities’, argues NGO

By: Dennis Ndaba     5th September 2008 The intentions of the Department of Mines and Energy (DME) to amend the Minerals and Petroleum Resources Development Act (MPRDA) has been strongly criticised by the Bench Marks Foundation, monitoring corporate performance, which feels the move will “effectively destroy the consultation process... 

Explorers 'really suffering', miners decry low share valuations

By: Martin Creamer     4th September 2008 Resources exploration companies were “really suffering” and the gap between midcap mining companies and explorers was “widening”, African Lion Funds manager Tim Markwell said on Thursday. Markwell, who described his fund as an early-stage resource investment fund, was one of several presenters... 

Australian aid to Africa poised to treble to A$8bn – High Commissioner

By: Martin Creamer     4th September 2008 Australia’s aid to Africa was set to more than treble to A$8-billion by 2015 on the back of the Australian mining industry’s current A$40-billion investment in the Sub-Saharan resources sector, the Australian High Commissioner to South Africa Philip Green said on Thursday. Green told the Africa... 

Botswana negotiating ‘far earlier, accelerated power’ – Minerals Minister

By: Martin Creamer     4th September 2008 Botswana was negotiating an “accelerated” power programme to deliver more electricity “far earlier”, Botswana Minerals, Energy and Resources Minister Ponatshego Kedikilwe said on Thursday. Kedikilwe told the Africa Downunder conference in Australia that he would “pat himself on the back” if he... 

Major miners resisting self-generation, but juniors stepping up to the power plate

By: Leandi Kolver     29th August 2008 Major South African deep-level miners want to stick to mining and avoid generating their own electricity - except when it comes to emergency power. However, emerging miners are taking self-generation in their stride, examples being South Africa’s Wesizwe Platinum and Australia’s Braemore... 

Alaskans keep the door open to mining industry

By: Liezel Hill     27th August 2008 Voters in Alaska this week appear to have voted against a clean-water initiative that could have threatened the future of the mining industry in the US's most northerly state. According to unofficial figures available on Wednesday, 57% of voters voted “no”to the measure, which proposed to block... 

JCI insists merger with R&E still possible

By: Liezel Hill     27th August 2008 The fact that fraud-riddled South African companies JCI and Randgold & Exploration (R&E) had not met a self-imposed deadline to settle back-and-forth claims between the two firms, did not rule out the possibility of a merger, as originally recommended by mediators last year, JCI said on... 

Kyrgyz court dismisses case against Centerra project

By: Liezel Hill     27th August 2008 An interdistrict court in the Kyrgyz Republic has dismissed a lawsuit filed by the country's vice-speaker of Parliament against agreements between the government and Toronto-based Centerra Gold, the company said in a statement. The lawsuit challenged agreements which gave the company the right... 

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