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Legislative Environment News

Gold capital, ARM’s growth and Implats’ Zim tax relief make headlines  

14th September 2018 This week Mining Weekly editor Martin Creamer discusses gold mining capital, African Rainbow Minerals’ growth opportunities and Implats working with the Zimbabwean government. 

Queensland ombudsman to help resolve land disputes

By: Creamer Media Reporter      14th September 2018 Queensland has appointed its first land access ombudsman to help landholders and resource companies resolve disputes over conduct and compensation agreements, as a free alternative to legal action. Jane Pires, currently the energy and water ombudsman, will take up the new position, Natural... 

First Quantum commends stability of Zambian mining policies

By: Paige Müller     14th September 2018 Global mining company First Quantum Minerals has complimented the Zambian government for the recent stability of the nation’s mining tax and royalty regime, which – if it continues – may increase investor confidence. Moreover, First Quantum head of government affairs John Gladston commends... 

First Quantum commends stability of Zambian mining policies
STABILITY CONCERNS First Quantum Minerals remains optimistic about Zambia, but is cautious over changes to the mining tax and royalties regime

Strong new collaboration with governments of South Africa, Zimbabwe – Implats 

By: Martin Creamer     13th September 2018 Platinum mining company Impala Platinum (Implats), which is collaborating closely with the South African government to preserve jobs at the heavily lossmaking Impala Rustenburg operation, is also working in very close cooperation with the government of Zimbabwe, where it has secured major tax... 

Strong new collaboration with governments of South Africa, Zimbabwe – Implats
Implats CEO Nico Muller interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer.

New Nema regulations hold advantages, disadvantages for mining industry – law firm

By: Marleny Arnoldi     13th September 2018 The mining industry is under constant pressure to demonstrate continued commitment to responsible environmental management and to the concept of sustainable development. There are currently several pieces of environmental legislation being updated or coming to the fore, which the industry will be... 

Indian mineral exploration policy and reality divergence

By: Ajoy K Das     12th September 2018 The Indian government’s ostensible policy is to double mineral exploration every year with participation of domestic and foreign private players, but foreign participation in domestic non-coal mineral exploration is on a downtrend. “We are preparing a document for increasing the participation of... 

DRDGold projects boost Ergo efficiency, lower costs

By: Martin Creamer     12th September 2018 Three major projects completed by surface gold mining company DRDGold are expected to boost the fortunes of the company’s Ergo plant on the East Rand. The three projects made up the bulk of the company’s capital spend of R125.9-million in the 12 months to June 30. 

DRDGold projects boost Ergo efficiency, lower costs
Photo by Creamer Media Chief Photographer Dylan Slater
DRDGold CFO Riaan Davel

Tanzanian integrity pledge regulations lack clarity, cause uncertainty – law firm

By: Marleny Arnoldi     12th September 2018 Multinational law firm Herbert Smith Freehills (HSF) has raised concerns around Tanzania’s new integrity pledge for mining companies, questioning whether it meets international best practice. Since July 2017, the Tanzanian government has introduced significant regulatory reforms to the mining... 

Congo Mines Minister insists no compromise on new mining code

By: Reuters     12th September 2018 Democratic Republic of Congo's mines minister said on Wednesday that a new mining code signed into law in March that hikes royalties and taxes cannot be called into question. Addressing a mining conference in the copper and cobalt-mining city of Kolwezi, Martin Kabwelulu called on industry... 

Congo Mines Minister insists no compromise on new mining code
Photo by Reuters
DRC Mines Minister Martin Kabwelulu

Collaborative conversation between govt, stakeholders needed to drive mining industry transformation 

By: Simone Liedtke     11th September 2018 Turning around the fortunes of South Africa's mining industry will require greater collaboration between industry stakeholders, Department of Trade and Industry (DTI) director Yusuf Timol said on Tuesday. Speaking at a presentation hosted by the Mining Equipment Manufacturers of South Africa... 

Manganese takes pole position in ARM’s earnings surge

By: Martin Creamer     10th September 2018 Manganese formed the backbone of the earnings performance of diversified mining company African Rainbow Minerals (ARM) in the 12 months to June 30, delivering 64% of the headline earnings, at R1.9-billion, and helping the company move into a strong net cash position by recording the best margin.... 

Manganese takes pole position in ARM’s earnings surge
Photo by Creamer Media Chief Photographer Dylan Slater
African Rainbow Minerals CEO Mike Schmidt

Unprotected strike halts production at Vametco vanadium mine

By: Tasneem Bulbulia     7th September 2018 Production has been temporarily stopped at the Vametco vanadium mine, near Brits, in the North West, owing to unprotected industrial action, Aim-listed Bushveld Minerals reported on Friday. The industrial action, which started on September 5, is in relation to historic legacy issues and... 

ARM mulling ‘very exciting’ growth opportunities – Motsepe

By: Martin Creamer     7th September 2018 Diversified mining company African Rainbow Minerals (ARM) is right now looking at some very exciting growth opportunities, its executive chairperson Patrice Motsepe said on Friday. After announcing the delivery of 51% higher headline earnings of R4 814-million in the 12 months to June 30... 

ARM mulling ‘very exciting’ growth opportunities – Motsepe
Photo by Creamer Media Chief Photographer Dylan Slater
African Rainbow Minerals executive chairperson Patrice Motsepe (right) with Mining Weekly Online's Martin Creamer at Friday's presentation of results

Peru Minister proposes making tax benefit for miners permanent

By: Reuters     7th September 2018 Peruvian Energy and Mines Minister Francisco Ismodes on Thursday proposed making a temporary tax benefit for mining companies part of the country's permanent tax code in order to reduce investment uncertainty in the world's No. 2 copper producer. Miners in Peru have enjoyed refunds on an 18%... 

R2.7bn approved for Gloria project – Assore

By: Martin Creamer     7th September 2018 Capital expenditure (capex) of R2.7-billion has been approved for the modernisation and optimisation of Assmang’s Gloria Manganese Mine at Black Rock in the Northern Cape, Assore CEO Charles Walters told Mining Weekly Online on Thursday. Assore owns 50% of Assmang, which it controls jointly with... 

R2.7bn approved for Gloria project – Assore
Black Rock Manganese Mine in Northern Cape.

Mooted MPRDA Amendment Bill withdrawal an indication govt wants to end regulatory uncertainty, says lawyer

By: Nadine James     7th September 2018 Minerals Resources Minister Gwede Mantashe’s recommendation to withdraw the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill is likely because government wants to remove regulatory uncertainty affecting the mining sector, and in so doing, foster a more attractive investor... 

Accelerate processes to ensure timeous recovery of mining sector – govt urged

By: Nadine James     7th September 2018 Integrated infrastructure delivery company AECOM is well-poised to make inroads into the mining industry, says AECOM Africa strategy and growth director Fadzai Nyamasve. She tells Mining Weekly that  although there  is still uncertainty in the market regarding the Mining Charter, AECOM expects... 

Accelerate processes to ensure timeous  recovery of mining sector – govt urged
FADZAI NYAMASVE Regulatory uncertainty is being addressed and there is a deliberate campaign to attract investors, so the pressing challenge is ensuring the industry recovers in a timeous manner

Early adoption of Mining Charter supplier requirements will be a competitive advantage – lawyer

By: Simone Liedtke     6th September 2018 Being an empowered vendor of services and goods to the mining industry will offer significant leverage in supply negotiations, once the draft Mining Charter is promulgated, says law firm Strata Legal MD Brandon Irsigler. The Mining Charter, which Mineral Resource Minister Gwede Mantashe said... 

Early adoption of Mining Charter supplier requirements will be a competitive advantage – lawyer
(Left to Right) Small Business Institute chairperson Bernard Swanepoel, specialist construction and engineering attorney Adine Abro and Strata Legal MD Brandon Irsigler

Zambia seen considering higher mine taxes to trim Budget gap

By: Bloomberg     6th September 2018 Zambia plans to trim its fiscal deficit next year even as Africa’s second-biggest copper producer boosts spending. It may be considering raising mine taxes to achieve that, according to analysts. The Finance Ministry is targeting a budget shortfall of 6.5% of gross domestic product next year,... 

 Zambia seen considering higher mine taxes to trim Budget gap

Appea blasts South Australian decision

By: Esmarie Iannucci     5th September 2018 The Australian Petroleum Production and Exploration Association (Appea) has condemned the South Australian government’s decision to support a bill to legislate a decade-long moratorium on hydraulic fracturing (fracking) in the state’s Limestone Coast region. “It is disappointing to see the state... 

DRDGold shares leap on higher-grade fillip 

By: Martin Creamer     5th September 2018 A 10% increase in gold production provided an important fillip for surface gold mining company DRDGold, which benefitted from high-grade sand material in the 12 months to June 30. The Johannesburg- and New York-listed company, which saw its share price rise by 6.09% in early morning trade,... 

DRDGold shares leap on higher-grade fillip
DRDGold CFO Riaan Davel talks to Mining Weekly Online’s Martin Creamer. Video: Creamer Media’s Nicholas Boyd. Photographs: Creamer Media’s Dylan Slater.

Master Drilling acquires Atlantis

By: Martin Creamer     5th September 2018 The strengthening of diversified geographic footprint of mining technology company Master Drilling is continuing with the announcement on Wednesday that the Johannesburg Stock Exchange company had entered into agreements to acquire the businesses of the Atlantis Group, a South African... 

Master Drilling acquires Atlantis
Photo by Creamer Media Chief Photographer Dylan Slater
Master Drilling CEO Danie Pretorius

Treasury must abandon carbon tax plan in light of IRP

By: Martin Creamer     4th September 2018 National Treasury must abandon its plans to introduce carbon tax, which will result in the closure of smelters at a time of desperate need for job retention and export promotion. This is the consensus of opinion canvassed by Mining Weekly Online following last Friday’s release of the Integrated... 

Treasury must abandon carbon tax plan in light of IRP

Mantashe pleased with mining contribution to GDP

By: African News Agency      4th September 2018 The mining and quarrying sector contribution to the gross domestic product (GDP) bode well for the sector and indicated a commodity boom may be imminent, Mineral Resources Minister, Gwede Mantashe, said on Tuesday. Statistics South Africa said on Tuesday that mining and quarrying industry... 

Mantashe pleased with mining contribution to GDP
Photo by Creamer Media
Mineral Resources Minister Gwede Mantashe

D-Day for public comments submissions on draft Mining Charter

By: African News Agency      31st August 2018 Friday marks the last day for the department of mineral resources to receive written submissions on a draft mining charter which was gazetted for public comment in June. This follows over three months of consultations with stakeholders, including organised labour, organised business and... 

Mining could attract additional R122bn investment over next four years, if policy improves – MCSA

By: Nadine James     31st August 2018 The mining sector could attract an additional R122-billion worth of investment if the policy perception and environment improved to the top quarter of the Fraser Institute’s Policy Perception Index, rather than its current position in the lower quartile, Minerals Council South Africa (MCSA)... 

Mining could attract additional R122bn investment over next four years, if policy improves – MCSA
Photo by Creamer Media
Tebello Chabana

Economic slowdown impacts on modular building demand

By: Paige Müller     31st August 2018 The local modular building industry has been feeling the pinch for the past three months, owing to a slowdown in economic activity in the sectors it serves, states prefabricated modular buildings supplier Kwikspace Modular Buildings. Kwikspace international executive Liam Cafferty is concerned... 

Economic slowdown impacts  on modular building demand
ANTICIPATING GROWTH Kwikspace is anticipating an increase in modular building projects throughout Southern Africa for the rest of the third quarter

Platinum-using fuel cells making more headway

By: Martin Creamer     29th August 2018 Last month’s initial public offering (IPO) on the New York Stock Exchange of Bloom Energy suggests a second, much larger market may be emerging for fuel cells, Greentech Media reported this week in an article recording the deployment of Bloom’s technology at 25 Fortune 100 companies. The... 

Platinum-using fuel cells making more headway
Photo by NYSE
Bloom Energy CEO and founder KR Sridhar ringing bell at New York Stock Exchange

South Africa’s Mantashe promises policy certainty by Nov

By: Esmarie Iannucci     29th August 2018 South Africa’s Mineral Resources Minister Gwede Mantashe has made a case for future mining investment in South Africa, telling delegates at this year’s Africa Downunder conference in Perth, Australia, that the country was working towards policy certainty by November this year. Mantashe said on... 

South Africa’s Mantashe promises policy certainty by Nov
South African Mineral Resources Minister Gwede Mantashe

Global mining showing interest in Master Drilling’s new technology  

By: Martin Creamer     28th August 2018 The mining industry is showing strong interest in the new blast-free mobile tunnel boring machine that South African company Master Drilling will launch in Italy next month. This interest is exemplified by 32 mining executives from mining jurisdictions across the world making themselves available... 

Global mining showing interest in Master Drilling’s new technology
Master Drilling CEO Danie Pretorius interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer. Photographs: Dylan Slater

Sibanye expects Lonmin competition finality October 

By: Martin Creamer     27th August 2018 Precious metals mining company Sibanye-Stillwater expects Competition Commission finality on its proposed acquisition of platinum company Lonmin in October, following the closure of its transaction with surface gold mining company DRDGold, which is expected to make a positive contribution to... 

Sibanye expects Lonmin competition finality October
Sibanye-Stillwater CEO Neal Froneman’s update on Lonmin covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing. Nicholas Boyd.

Kremlin aide wants top firms to invest more rather than pay windfall tax

By: Reuters     24th August 2018 Kremlin aide Andrei Belousov said on Friday he would like major Russian firms to invest in social projects rather than pay higher taxes, weeks after he proposed raising 500-billion roubles ($7.5-billion) a year from metal and mining firms. President Vladimir Putin ordered the government to... 

Miners call for stable govt as Turnbull is replaced by Morrison

By: Esmarie Iannucci     24th August 2018 The Australian mining sector has called for a stable government following a leadership spill in the Liberal Party, which will see Treasurer Scott Morrison take over as Prime Minister from Malcolm Turnbull. Turnbull himself disposed of previous Prime Minister Tony Abbott in a similar manner in 2015. 

Miners call for stable govt as Turnbull is replaced by Morrison
Photo by Bloomberg
Prime Minister Scott Morrison

Alternative energy, efficiency augment fossil fuels

By: Erin Steenhoff-Snethlage     24th August 2018 Alternative energy resources, such as natural gas, solar photovoltaic (PV), wind, biomass and energy storage, will play an increasingly important role in Africa’s energy future and particularly for mines, states global engineering, procurement, construction and consulting company Black & Veatch.... 

Alternative energy, efficiency augment fossil fuels
RENEWABLE PROLIFERATION Renewable-energy sources could transform electricity supply for mines in Africa

Rising oil prices fuelling renewables

By: Erin Steenhoff-Snethlage     24th August 2018 The key drivers of an increased uptake of renewable and alternative energy sources by mines in Africa are an increasing oil price and the steadily decreasing price of renewable technologies, claims renewable energy supply company juwi Renewable Energies. This drive for renewable energy... 

Rising oil prices  fuelling renewables
GREG AUSTIN Redeployable solar power solutions can be reused, justifying investment in multiple applications on mines

MCSA deems withdrawal of MPRDA Amendment Bill ‘appropriate’

By: Marleny Arnoldi     23rd August 2018 The Minerals Council South Africa (MCSA) says Mineral Resources Minister Gwede Mantashe’s announcement in Parliament on Wednesday that the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill should be scrapped, appears to be sensible, given the underlying reasons for the... 

Miners establish industry body to engage DRC govt on mining code, industry issues

By: Marleny Arnoldi     23rd August 2018 Mining companies active in the Democratic Republic of Congo (DRC) have established a new industry body, the Mining Promotion Initiative (MPI), to engage with government on industry concerns about the country’s new mining code and any other material issue concerning the mining industry in the DRC.... 

Solidarity welcomes Mantashe’s proposal to withdraw MPRDA Amendment Bill

By: Marleny Arnoldi     22nd August 2018 Trade union Solidarity on Wednesday said the mining sector’s quest for policy certainty will receive a huge boost if Mineral Resources Minister Gwede Mantashe’s proposal to withdraw the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill is implemented. Business Day reported... 

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