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Legislative Environment News

US to review California Gold Rush-era mining law

By: Mariaan Webb     23rd February 2022 The United States has embarked on a process to review the Mining Law of 1872, which still governs hardrock mining on public lands, including gold, silver, copper, uranium, lithium and nearly all critical minerals. The law, which turns 150 years in 2022, was born out of the California Gold Rush... 

NSW bans offshore exploration and drilling

By: Esmarie Iannucci     23rd February 2022 The New South Wales government on Wednesday announced a ban on offshore exploration and mining, under a new policy introduced by the state government. Deputy Premier and Minister responsible for Resources Paul Toole announced the New South Wales government would not support commercial... 

Image shows an offshore drill rig

Kumba shares R89bn of value created in 2021 with stakeholders  

By: Martin Creamer     22nd February 2022 South Africa’s biggest iron-ore producers and marketer, Kumba Iron Ore, has shared R89-billion of the value it created in 2021 with its stakeholders, with more than R21-billion going to the government in tax revenues and mineral royalties. The Johannesburg-listed Anglo American group company... 

Creamer Media screenshot taken during presentation.
Kumba Iron Ore 2021 results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Kumba fast-tracking solar, customising green hydrogen, sees good lump premium prospects 

By: Martin Creamer     22nd February 2022 South Africa’s major iron-ore producer and marketer Kumba Iron Ore is fast-tracking solar power permitting and looking to wind energy, it is discussing the use of green hydrogen with particularly European customers, and it foresees relatively strong iron-ore prices continuing in the short term as... 

Supplied picture
Kumba Iron Ore marketing and seaborne logistics executive head Timo Smit.

Cash-flush Kumba Iron Ore reports record earnings in exceptional year of delivery

By: Martin Creamer     22nd February 2022 Iron-ore mining and marketing company Kumba Iron Ore delivered record earnings of R64.6-billion in 2021, when it accumulated 47%-higher attributable free cash flow of R30.5 billion. The average realised export price of $161/t was 18% above benchmark helped the company to achieve a 63% earnings... 

Picture supplied
Kumba Iron Ore CEO Mpumi Zikalala

Multiple renewable energy forms being evaluated across South Africa – Anglo Platinum  

By: Martin Creamer     21st February 2022 Platinum group metals (PGMs) miner and marketer Anglo American Platinum (Amplats), which on Monday reported a record 2021 financial performance, is collectively evaluating options to access multiple forms of renewable energy across South Africa, including hydro pump power and wheeling renewable... 

Picture supplied
Anglo American Platinum’s record financial results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Supreme Court orders Mexico officials to declare Almaden’s titles ineffective

By: Creamer Media Reporter      21st February 2022 The Mexican Supreme Court has ordered the Economy Ministry to declare Vancouver-headquartered explorer and developer Almaden’s mineral titles ineffective and to re-issue them once it has complied with an obligation to carry out consultations with indigenous communities. Almaden’s mineral claims... 

4 000 families, 5 000 pupils taking advantage of DRDGold’s self empowerment   

By: Martin Creamer     18th February 2022 Johannesburg has a unique history. If not for mining, there would be no city. The mines, however, did not come to the city, rather the city came to the mines. What resulted was poorly regulated urbanisation and hundreds of thousands of people living in close proximity to former mining... 

Picture supplied
DRDGold CEO Niël Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Survey places ESG at top of miners' minds

By: Esmarie Iannucci     18th February 2022 A survey by law global firm White & Case has identified environmental and social governance (ESG), resource nationalisation and climate change regulation and shareholder activism as top concerns for 2022. “The mining industry has found itself caught between two competing themes when it comes to... 

Poverty alleviation programmes, red tape delays, Mantashe pushing renewables make headlines   

18th February 2022 Mining Weekly Editor Martin Creamer unpacks DRDGold’s programmes aimed at reducing poverty in mining communities; Minerals Council South Africa notes that red tape is holding up R90-billion worth of protects that are ready to go; and Gwede Mantashe has uncharacteristically touted renewables as a... 

Photo of Martin Creamer
Poverty alleviation programmes, red tape delays, Mantashe pushing renewables make headlines

No one-size-fits-all for mine decarbonisation – engineering firm

By: Nadine Ramdass     18th February 2022 Mining operations are energy intensive, with energy representing one of the sector’s biggest operational costs. Fossil fuels remain the primary feedstock, which leaves miners exposed to volatile gas, oil and coal prices. Consequently, an overarching challenge is decarbonisation, explains... 

An image of a vehicle being filled with fuel
FUELING THE FUTURE Miners can create zero-emission mobile equipment through a combination of EVs and alternative fuels

Hybrid PDAC allows for more stakeholder engagement

By: Cameron Mackay     18th February 2022 The decision to postpone the Prospectors & Developers Association of Canada’s (PDAC’s) convention, from March to June, offers “the best chance of success for all of our stakeholders” to engage in the event, states PDAC president Alex Christopher. He explains that capacity limits for indoor... 

Image of PDAC president Alex Christopher
ALEX CHRISTOPHER There are stakeholders all over the world who want access to the forum offered by the PDAC convention, be it online or in person

DRDGold building initial 20 MW solar, 100 MW storage at Ergo gold operation  

By: Martin Creamer     17th February 2022 With a view to reducing its carbon footprint as well as addressing the uncertainty of the supply and cost of electricity, surface gold mining company DRDGold has taken a decision to construct a solar power plant and a power storage facility at Ergo, the gold from mine waste operation on the East... 

Creamer Media screenshot taken during online results presnetation.
DRDGold CEO Niël Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

DRDGold has 41 programmes to take mine communities out of poverty  

By: Martin Creamer     16th February 2022 Surface gold recovery company DRDGold, which on Wednesday continued its uninterrupted 15-year run of dividend paying, highlighted its R100-milllion-plus half-year contribution to the fiscus in income tax as an important current underpin of social systems that are helping the country to avoid... 

Screenshot taken by Creamer Media during presentation
DRDGold results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Chile starts debate of new Constitution amid jitters over mining, Congress plans

By: Reuters     16th February 2022 Chile's constituent assembly began formally debating on Tuesday motions for a new Constitution to replace a market-focused one dating back to the dictatorship of General Augusto Pinochet, a text that could reshape the world's top copper-producing nation. Embryonic plans to nationalize mining,... 

Cash-flush DRDGold declares interim dividend on higher gold recoveries, prices

By: Martin Creamer     16th February 2022 Debt-free surface gold mining company DRDGold on Wednesday declared an interim dividend of 20 c a share for the six months to end December. The strong finish was attributed mainly to an increase in gold recoveries and a higher average gold price compared with the first three months of the period... 

From Creamer Media picture files.
DRDGold CEO Niël Pretorius

It’s records all round for Glencore in ‘terrific’ 2021  

By: Martin Creamer     15th February 2022 2021 was a terrific year for the company, Glencore CEO Gary Nagle said on Tuesday, when he reported record earnings before interest tax depreciation and amortisation (Ebitda) of $21.3-billion, a record marketing performance Ebit of $3.7-bilion, and a record industrial business performance of... 

Screenshot taken by Creamer Media during Glencore's presentation of results.
Glencore’s record financial results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Creecy extends deadline for registration of EAPs

By: Tasneem Bulbulia     15th February 2022 Forestry, Fisheries and the Environment Minister Barbara Creecy has extended the public consultation period for comment on the proposed amendment to the Section 24H Registration Authority Regulations to February 21. She has also granted a six-month extension to the compulsory deadline for the... 

Glencore’s earnings rocket 84% to $21.3bn

By: Martin Creamer     15th February 2022 Diversified mining and marketing company Glencore on Tuesday announced 84% higher financial results for the year, with earnings before interest tax depreciation and amortisation (Ebitda) rising to $21.3-billion. Looking forward, Glencore CEO Gary Nagle said the company remained focused on its... 

Pictue supplied
Glencore CEO Gary Nagle

Exceptionally good working relationship with Kyrgyz govt – Fraser  

By: Martin Creamer     14th February 2022 The London Aim-quoted Chaarat Gold has an exceptionally good working relationship with the government of the Kyrgyz Republic, says CEO Mike Fraser, who is well known in South Africa as the former COO of South32. Chaarat is developing two gold projects in the Kyrgyz Republic. The first is... 

Picture supplied by company.
Chaarat Gold CEO Mike Fraser interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Red tape delaying R90bn investment in ready-to-go projects – Minerals Council 

By: Martin Creamer     14th February 2022 Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs and to stimulate economic growth. Projects worth R30-billion would be able to proceed if the 4... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Green hydrogen strategy supporting development of R270bn Northern Cape pipeline 

By: Martin Creamer     11th February 2022 Over the past year, the South African government has built on its successful hydrogen strategy to make major strides in positioning the country as a global leader in the green hydrogen market, President Cyril Ramaphosa stated during his State of the Nation Address. This positioning included the... 

Supplied picture
President Cyril Ramaphosa

New jobs, Glencore, climate change liability make headlines   

11th February 2022 This week Mining Weekly Editor Martin Creamer talks about the just energy transition providing South Africa with significant opportunities for new jobs; Glencore’s new global marketing relationship with United States Strategic Metals; and Webber Wentzel's warning that mining and energy directors... 

Photo of Martin Creamer
New jobs, Glencore, climate change liability make headlines

Renault and US carmaker Rivian back moratorium on deep-sea mining

By: Reuters     11th February 2022 France's Renault and US carmaker Rivian have backed a moratorium on deep-sea mining and will exclude seabed metals from their supply chains in a blow to an industry that aims to capitalise on demand from electric vehicle and other industries. French President Emmanuel Macron has said deep seabed... 

FCA gains ground despite setbacks

By: Sabrina Jardim     11th February 2022 Despite the challenges of the Covid-19 pandemic and a change of government, the Fair Cobalt Alliance (FCA) has continued to develop initiatives to support the livelihoods of community members in the Democratic Republic of the Congo (DRC), says David Sturmes, programme and business development... 

Dr Assheton Carter of The Impact Facility
DR ASSHETON CARTER The FCA is gaining momentum owing to the rise for a greener economy

Initiative aims to quash child labour

By: Sabrina Jardim     11th February 2022 Multistakeholder action platform the Fair Cobalt Alliance (FCA) is setting up a localised child labour remediation system in the Democratic Republic of Congo (DRC), explains The Impact Facility programme and business development director David Sturmes. “The FCA focuses on setting up a case... 

David Sturmes, director of programme and business development of The Impact Facility
DAVID STURMES The FCA continues its efforts in supporting initiatives for children's rights

Law firm optimistic about DRC mining in 2022

By: Sabrina Jardim     11th February 2022 The Covid-19 pandemic has negatively impacted on the mining and natural resources sectors of most African countries, as well as the artisanal and small mining (ASM) subsector of the Democratic Republic of the Congo (DRC), despite the drastic changes in the country’s political landscape, says law... 

Warren Beech, CEO of Beech Veltman
WARREN BEECH Given the mineral wealth in the DRC, the DRC government should focus on local beneficiation

DRC gov makes progress in ASM industry

By: Sabrina Jardim     11th February 2022 The Democratic Republic of the Congo (DRC) government faces challenges regarding the artisanal and small-scale mining (ASM) industry but has begun to create positive changes in the industry, says law firm Beech Veltman CEO Warren Beech. “The DRC government has made good strides in transforming... 

Artisanal miners at a cobalt mine-pit in Tulwizembe, Katanga province, DRC
DRC GOVERNMENT MAKES PROGRESS Despite challenges, the DRC government has been making positive changes regarding the ASM industry

Foreseen renewables demand providing opportunity for job creation, just energy transition 

By: Martin Creamer     10th February 2022 Demand already foreseen is providing South Africa with the far-reaching and very welcome opportunity to create sufficient new jobs – “and then some” – to ensure a just energy transition away from the country’s current climate-threatening carbon intensity, Mining Weekly can report. South Africa’s... 

Screenshot by Creamer Media during Creamer Media webinar
Photo by Creamer Media
From left, clockwise, Paul O’Flaherty, Dr Tsakani Mthombeni, Hein Reyneke, and Andre de Ruyter

Glencore clinches marketing relationship with US metals business 

By: Martin Creamer     9th February 2022 Diversified mining and marketing company Glencore has entered a strategic global marketing relationship with United States Strategic Metals, formerly Missouri Cobalt. Involved is a long-term offtake agreement for 100% of the US company’s products, which include cobalt and nickel sulphates,... 

Screenshot image on website of US Strategic Metals
Cobalt processing plant.

Anglo starts up new metallurgical coal mine 

By: Martin Creamer     9th February 2022 Diversified mining company Anglo American announced on Wednesday that its new Aquila mine has achieved its first longwall shear of steelmaking metallurgical coal on schedule and on budget, marking the project’s final stages of construction and commissioning. The new mine, which will have a total... 

Supplied picture
Anglo American Bulk Commodities CEO Themba Mkhwanazi

High Court dismisses Vantage’s leave for appeal in business rescue case

By: Donna Slater     8th February 2022 Vantage Goldfields’ application for leave to appeal the case for the business rescue of the Lily and Barbrook mines, in Mpumalanga, was dismissed with costs to the miner on February 3 by Judge President Francis Legodi in the High Court in Mbombela. The opposing company seeking the business... 

Metals, engineering need govt support to ensure sustainable economic recovery

By: Martin Creamer     8th February 2022 South African businesses in the metals and engineering sector have faced enormous challenges over the past few years, with the Covid-19 pandemic compounding an already difficult situation, Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. Seifsa is a... 

Picture supplied
Seifsa CEO Lucio Trentini

Fifteen banks now steering clear of East African oil project, says Just Share

By: Martin Creamer     8th February 2022 Four out of five of South Africa’s largest lenders have confirmed that they will not be involved in the financing of the East African Crude Oil Pipeline project, taking the total number of non-participating commercial banks globally to 15. Shareholder activism organisation Just Share stated in a... 

Directors face potential liability for climate change risks – Webber Wentzel 

By: Martin Creamer     8th February 2022 Directors face potential liability if they fail to carry out their fiduciary duties to curb climate change risks and do not make complete disclosures about climate-related risks, Webber Wentzel partner Merlita Kennedy and associate Tobia Serongoane stated on Tuesday. In a release to Mining... 

Creamer Media montage
Webber Wentzel associate Tobia Serongoane (left) and partner Merlita Kennedy.

Marine phosphate project being progressed in line with court ruling 

By: Martin Creamer     8th February 2022 Steps are being taken to progress the Sandpiper marine phosphate project offshore of Namibia in compliance with last year’s High Court ruling, Namibian Marine Phosphate stated on Tuesday. The High Court confirmed the ongoing validity of Namibia Marine’s mining licence on June 30, 2021, and an... 

Creamer Media screenshot
Project development phases to be completed.

Zimbabwe makes U-turn on mining royalties to halt currency slide

By: Bloomberg     4th February 2022 Zimbabwe’s finance minister requested mining companies pay up to half of their royalties in local currency, as part of measures to stem a decline in the unit that has been fanning inflation. The order reverses a 2020 decision requiring mining companies to pay the tax only in foreign currency. 

Chile committee votes to scrap water rights for mines and farms

By: Bloomberg     4th February 2022 A proposal to annul water rights granted to Chile’s private sector over the past four decades was approved in an initial vote by an environmental committee as part of the process to draft a new constitution. The plan would require mines, agribusinesses and utilities to seek temporary permits to... 

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