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Legislative Environment News

Energy transitioning countries stand to attract major FDI investment, webinar hears 

By: Martin Creamer     15th December 2021 Countries that choose to transition into clean energy stand to attract major foreign direct investment (FDI) flows, as do companies that follow a clear pathway towards decarbonisation responsibly, a global webinar event has emphasised. The timing of the clean energy leapfrog by transitioning... 

Pan African moving to acquire Blyvoor Gold surface resources for R110m 

By: Martin Creamer     15th December 2021 Gold mining company Pan African on Wednesday announced that it had entered into a conditional agreement to acquire Blyvoor Gold Operations for R110-million from Peter Skeat's Blyvoor Gold. The transaction takes in six tailings dumps containing more than 1.4-million ounces of gold, the company... 

Creamer Media photograph
Photo by Creamer Media
Cobus Loots

Exciting green ammonia export plan for Nelson Mandela Bay 

By: Martin Creamer     15th December 2021 Hive Hydrogen and Built Africa – together as Hive Hydrogen – as well as Linde plc, through its wholly owned South African subsidiary Afrox, have teamed up to establish a huge green ammonia export plant in Nelson Mandela Bay, in the Eastern Cape. The first phase is planned to go live in 2025, with... 

Picture supplied
Thulani Gcabashe (left) and Schalk Venter

WA passes Aboriginal heritage Bill

By: Esmarie Iannucci     15th December 2021 The Western Australian Parliament has passed new laws to protect the state’s Aboriginal cultural heritage. The Aboriginal Cultural Heritage Bill 2021 provides a modern framework for the recognition, protection, conservation and preservation of Aboriginal cultural heritage while recognising the... 

Peru mining chamber says tax hike proposal risks $50bn investment

By: Reuters     14th December 2021 Peru's mining chamber lambasted on Monday a government proposal to raise taxes on the sector by at least 3 percentage points, saying it would put more than $50-billion in future investments at risk in the world's second largest copper producer. Peru's Finance Minister Pedro Francke said on... 

Junior miners Strandline, Black Rock, OreCorp sign agreements with Tanzania

By: Reuters     13th December 2021 Australia's Strandline Resources, Black Rock Mining and Orecorp on Monday signed framework agreements with the government of Tanzania, a step towards the development of their mineral sands, graphite and gold projects. Details of the agreements were not immediately available. 

AMCU reports another mine fatality

By: Donna Slater     13th December 2021 The Association of Mineworkers and Construction Union (AMCU) reports that the seventy-second mining death of the year took place at Harmony Gold’s Kusasalethu operations outside Carletonville at 10:45 on December 10. In a statement, AMCU says the report it received pointed to a team leader being... 

Peru wants to raise taxes on mining sector, says Finance Minister

By: Reuters     13th December 2021 Peru's finance minister Pedro Francke said on Sunday that the government wants to increase mining sector taxes by 3 to 4 percentage points, adding that an International Monetary Fund (IMF) study had put the sector's current tax burden at 41.7%. The remarks, which came in an interview with a... 

Peru mining group says government 'erratic and biased' against industry

By: Reuters     10th December 2021 Peru's top mining lobbying group on Thursday slammed the government as "erratic and biased" against the sector as one of the country's largest copper mines faces protests and a looming production shutdown. Peru is the world's No. 2 producer of copper and sliver, and mining is a key source of tax... 

B2Gold reaches agreement with Mali govt over Menankoto exploration permit

By: Creamer Media Reporter      10th December 2021 International gold producer B2Gold has reached an agreement in principle with the government of Mali in connection with the issuance of the Menankoto exploration permit, which is located near B2Gold's Fekola mine. The government of Mali recently announced that it would grant a new exploration... 

Projects still on track to meet payback target

By: Halima Frost     10th December 2021 Despite facing challenges, such as the drawn-out licensing approval process in South Africa, ASX-listed Theta Gold Mines estimates that a payback target of 13 months for its Theta Gold Mines Expansion (TGME) projects is still attainable. TGME, which the company has coined as ‘the reawakening the... 

A mine cart with gold ore mined by Theta Gold
GOING FOR GOLD Theta Gold is currently investing in several South African gold mining projects

Constitutional Court prevents coal mine from starting up

10th December 2021 A coalition of eight civil society organisations represented by the Centre for Environmental Rights (CER) welcomed the Constitutional Court’s decision last month to dismiss coal mining company Uthaka Energy’s leave to appeal a 2021 High Court interdict, effectively preventing the company from... 

A photo of stakeholders meeting on the proposed site for the Yzermyn coal mine near Wakkerstroom in Mpumalanga
ARRESTED DEVELOPMENT Uthaka Energy has been prevented from starting mining in a strategic water source area

Leading mining companies commit to contract transparency 

By: Martin Creamer     9th December 2021 Members of the International Council on Mining and Metals (ICMM) on Thursday announced their commitment to disclose all mineral development contracts from the start of January this year, wherever they operate, marking a significant step by about a third of the global mining and metals industry to... 

Picture supplied.
ICMM CEO Rohitesh Dhawan

Mining companies express worry over Ecuador court ruling 

By: Reuters     9th December 2021 Ecuador's mining industry is threatened by legal uncertainty, the sector's guild said on Wednesday, citing a decision by the country's top court to withdraw environmental permissions for a project in a protected forest. The Constitutional Court last week rescinded an environmental license for... 

Just transition energy projects needed now – Shell Foundation 

By: Martin Creamer     8th December 2021 Real projects on the ground, that can transition developing countries to renewable solutions justly, are what is needed now, along with the correct use of blended finance to create sustainable entrepreneurship as asset bases are repurposed, a global webinar has heard. Without a just energy... 

Creamer Media screenshot during GlobeScan webinar
Photo by Creamer Media
Shell Foundation chairperson Gail Klintworth

De Beers to explore for diamonds in north-eastern Angola

By: Creamer Media Reporter      7th December 2021 Diamond miner De Beers Group has applied to conduct exploration activities in north-eastern Angola following substantive and consistent reforms implemented by the country's government that enable the country’s diamond endowment to underpin transformative socioeconomic growth for local... 

De Beers CEO Bruce Cleaver
De Beers CEO Bruce Cleaver

Specify energy transition action now, the money’s there for it, UN climate envoy urges  

By: Martin Creamer     7th December 2021 The energy transition is woefully under specified, the United Nations special envoy on climate change action and finance Mark Carney told a global webinar, in which he described the specifying of energy transition action as being “a matter of urgency”. Such specification, the webinar heard,... 

Picture from Reuters
UN Climate Action Finance Envoy Mark Carney covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore targeting recycling step change  

By: Martin Creamer     6th December 2021 The goals of the Paris Agreement on climate change are best achieved through the circular economy, says diversified mining and marketing company Glencore, which sees recycling as being a significant means for relieving the growing burden that global decarbonisation is set to place on finite raw... 

Picture supplied by Glencore
Glencore 2021 investor update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Congo replaces head of Gecamines for first time in decade

By: Bloomberg     6th December 2021 Democratic Republic of Congo’s President Felix Tshisekedi named Alphonse Kaputo Kalubi as chairman of Gecamines, the State-controlled copper and cobalt mining company. Kalubi replaces Albert Yuma who served for more than 10 years at the helm of a company that’s key to mining in Congo, the... 

Miners welcome Indigenous Roadmap

By: Esmarie Iannucci     6th December 2021 The Minerals Council of Australia (MCA) has welcomed the release of the National Roadmap for Indigenous Skills, Jobs and Wealth Creation, saying it establishes a collaborative pathway to further unlock First Nations excellence and aspiration in the national economy. The Roadmap provides a... 

Image shows a number of mining boots

Exploration debate highlights Nema challenge  

By: Martin Creamer     3rd December 2021 The withdrawal of a portion of the National Environmental Management Act (Nema) has created a major challenge for mineral exploration in South Africa, the Industrial Development Corporation (IDC) co-sponsored exploration webinar heard on Thursday. Taking part in the panel discussion under... 

Creamer Media image.
IDC co-sponsored webinar covered by Mining Weekly.

Peru says IMF sees leeway to hike taxes on mining sector - Finance Ministry

By: Reuters     3rd December 2021 Peru's Finance Ministry said on Thursday that International Monetary Fund officials had concluded there is leeway in the country's tax system for a reform to include higher taxes on the key mining sector. Peru is the world's No. 2 copper producer and hiking mining taxes is a cornerstone of... 

African Copperbelt a good mining destination – consultants

By: Halima Frost     3rd December 2021 The Central Africa Copperbelt is the obvious choice for miners looking to expand their copper portfolios, with the region being known for “world-class” deposits, says mining consultants The MSA Group. “Mining companies looking for a foothold in the region always focus on two things – prospective... 

Chrysocolla and malachite exposures on a rock face in Zambia both are copper ores
N PLAIN SIGHT Chrysocolla and malachite are so prevalent in the Central Africa Copperbelt it can be seen above ground in rock formations

Panel stresses need for action to save South Africa’s exploration potential 

By: Simone Liedtke     2nd December 2021 The Industrial Development Corporation (IDC) has approved and availed R100-million in funding to assist in closing the different funding model gaps in South Africa’s exploration sector. In collaboration with the Department of Mineral Resources and Energy (DMRE), it is working towards the... 

Core drilled during exploration

Minerals Council, SAAFF outline requirements to get Lebombo/Ressano Garcia border congestion resolved

By: Donna Slater     2nd December 2021 With delays at the Lebombo/Ressano Garcia border post on the Maputo corridor between South Africa and Mozambique having cost trucking companies R1.3-billion in lost revenue this year, the South African Association of Freight Forwarders (SAAFF) and the Minerals Council South Africa have requested... 

An image of freight trucks lining up for several kilometres on the N4 towards Komatipoort in South Africa
Photo by Creamer Media's Donna Slater
Freight trucks lining up for several kilometres on the N4 towards the Lebombo/Ressano Garcia border post in South Africa

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani   

By: Martin Creamer     2nd December 2021 Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up... 

Creamer Media screenshot during GlobeScan climate webinar
GlobeScan climate event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Gold Fields’ South Deep solar project now 50 MW, equivalent wind planned 

By: Martin Creamer     1st December 2021 South Deep gold mine in Gauteng, where a 40 MW solar power project was initially announced, will now have a 50 MW solar plant as a result of the procurement of more efficient solar panels. Mining Weekly can report that the construction of the R715-million solar power plant at South Deep will... 

Creamer Media screenshot taken at Gold Fields ESG online presentation
Photo by Creamer Media
Gold Fields CEO Chris Griffith

Sable to undertake rights issue at R1 a share followed by transaction at R5 a share  

By: Martin Creamer     1st December 2021 The rights issue that Johannesburg Stock Exchange-listed Sable Exploration and Mining is to undertake at R1 a share will be followed by a transaction at R5 a share, giving an immediate fivefold uplift to the shareholders of the company. This follows mining company Magni Investment Holdings... 

Creamer Media picture taken at JSE.
Sable’s James Allan interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer Media

Chile Senate advances talks over mining royalty bill

By: Reuters     1st December 2021 Chile's Senate on Tuesday pushed forward discussion over a controversial bill to increase royalty payments from mining companies that operate in the world's largest copper producer, a legislation being backed by opposition lawmakers. The Senate approved by 18 votes in favour, versus 16 against,... 

Barclays’ analysts back Glencore coal strategy  

By: Martin Creamer     1st December 2021 Glencore’s coal strategy favours a Paris-compliant coal runoff, which increases investability, say Barclays’ equity research analysts in a note. Analysts Ian Rossouw, Amos Fletcher and Tom Zang see little value to unlock in the current coal market environment and question whether a coal business... 

Screenshot of Barclays, Glencore and Bloomberg research
Photo by Barclays
Coal, copper and diversified index

Carbon-neutral nickel launch showcased by South Africa-linked chairperson  

By: Martin Creamer     30th November 2021 South Africa-linked Gareth Penny on Monday heralded the launch of a carbon-neutral nickel with a difference in that it steers completely clear of any reliance on third-party carbon credits. Penny did so in his capacity as nonexecutive chairperson of Nornickel of Russia – and put sharper focus on... 

Creamer Media screenshot taken during Nornickel capital markets day 2021
Nornickel capital markets day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Two rescued, three bodies recovered as mud rush rescue operations conclude

By: Martin Creamer     30th November 2021 Two mineworkers have been rescued and the bodies of three have been recovered at Impala Rustenburg 6 Shaft, which suffered an underground mud-rush incident. Search and rescue operations continued around the clock following the incident took place on Sunday, November 28. 

Supplied picture
Shaft 16 at Impala Rustenburg, where fatality occurred on Saturday, November 27.

Search under way at Impala Rustenburg after mud rush traps five

By: Martin Creamer     29th November 2021 A search and rescue operation was under way at Impala Rustenburg after a mud rush at 6 Shaft on Monday. All operations at Impala Rustenburg's 6 Shaft and 16 Shaft complexes have been suspended until a full and comprehensive report is available. 

Supplied picture
All operations at Impala Rustenburg's 6 Shaft and 16 Shaft complexes have been suspended. Shown here is 16 Shaft.

RBPlat bid embodies socioeconomic boost for greater Rustenburg region – Implats  

By: Martin Creamer     29th November 2021 The bid by Impala Platinum Holdings Limited (Implats) for a majority shareholding in Royal Bafokeng Platinum (RBPlat) presents an opportunity to create sizeable Western Limb production base with socioeconomic benefits for the region, platinum group metals (PGM) mining company Implats said on... 

Supplied picture
Implats’ offer to Royal Bafokeng Platinum covered by Mining Weekly’s Martin Creamer: Video: Darlene Creamer.

Guinea Junta leader names Savane to top mining ministry post

By: Bloomberg     29th November 2021 Guinea’s interim President Colonel Mamadi Doumbouya appointed Mohamed Lamine Sy Savane as secretary general of the Ministry of Mines and Geology, state-broadcaster Radio Television Guineenne said late Saturday. Savane previously served as managing director of the ministry’s mining promotion and... 

Froneman tells world of Sibanye’s confidence in hydrogen economy  

By: Martin Creamer     26th November 2021 Platinum group metals (PGMs) are poised to be a very significant underpin in the green hydrogen economy and Sibanye-Stillwater is intent on ensuring that the supply of PGMs is sustainable and that the company is part of the global climate change solution, Sibanye CEO Neal Froneman told a global... 

Creamer Media screenshot
Sibanye-Stillwater hydrogen presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Peru communities resolute on mine shutdowns despite government shift 

By: Reuters     26th November 2021 Communities in Peru's Ayacucho region say they will resume protests against the mining sector if the government of leftist President Pedro Castillo breaches what they call a signed agreement to shutter mines, local leaders told Reuters. Prime Minister Mirtha Vasquez said last week that the... 

Coal deemed relevant despite encouragement to move towards renewables

By: Nadine Ramdass     26th November 2021 A key trend at the 2021 twenty-sixth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), has been pledges from many countries to reduce emissions and move towards more renewable energy. Moving away from fossil fuels, such as coal, towards... 

AN image of Thungela CEO July Ndlovu
JULY NDLOVU Focus should be on pushing new technology rather than phasing out any fuel source
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