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Legislative Environment News

QRC slams new Queensland Resources Industry Development Plan

By: Darren Parker     27th June 2022 Industry body the Queensland Resources Council (QRC) has responded with ire to the release of the Queensland Resources Industry Development Plan, which the Australian Department of Resources assisted in developing. “Unfortunately, a Queensland government 30-year plan isn’t worth the paper it’s... 

High-purity manganese facing phenomenal demand growth, PDAC hears 

By: Martin Creamer     24th June 2022 The commitment of at least six major motor companies to manganese-based batteries for battery electric vehicles (BEVs) is elevating the demand outlook for high-purity manganese phenomenally, a Prospectors & Developers Association of Canada (PDAC) conference has been told. CPM Group lead manganese... 

Creamer Media screenshot.
CPM Group lead manganese analyst Andrew Zemek.

Competition Tribunal approves Northam’s intervention in Implats/RBPlat merger

By: Darren Parker     23rd June 2022 The Competition Tribunal has issued an order granting platinum producer Northam Platinum leave to intervene in the large-scale merger between platinum miners Impala Platinum (Implats) and Royal Bafokeng Platinum (RBPlat).   The Competition Commission, which investigates large mergers before... 

Tribunal hearing mics and tables

Deeming could bring regulatory certainty to much-needed minerals investment – NSDV  

By: Martin Creamer     23rd June 2022 The detraction of the South African investment market is the uncertainty around approval timelines and the implementation of a deeming provision could change all that by treating applications as approved after the passing of a set period of time. Many want to invest in exploration and mining... 

NSDV advisory head Mark Gilbert.
NSDV Advisory Head Mark Gilbert interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Panel unpacks mining-focused manufacturing obstacles

By: Marleny Arnoldi     23rd June 2022 If South Africa is to solve its unemployment problem, about 6 000 new factories will have to be built every year over the next decade, each employing about 100 people. The incentives from government, however, do not match this scale of development, value chain strategic and engineering research... 

Mining equipment underground

Sustainability taking front seat at Harmony Gold  

By: Martin Creamer     22nd June 2022 Large South African gold miner Harmony Gold sees R500m/y savings from Phase 2 on-balance-sheet renewables projects. This means the estimated R1.5-billion cost of the planned 137 MW second phase solar power projects will be covered in three years. 

Picture supplied
Harmony Gold investor relations head interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Lawless South Africa has bulk commodity chrome pirates stripping its wealth

By: Schalk Burger     22nd June 2022 South Africa is the world’s biggest producer of chrome ore and it is estimated that about 10% of South Africa's yearly production of chrome is lost to illegal mining. There has been an emergence of a bulk commodity illegal industry in South African chrome mining, said global law enforcement... 

Zambians must benefit more from mining, minister says

By: Reuters     22nd June 2022 Zambia needs to hold a bigger stake in new mines and local communities should benefit more from the mineral values chain, mines minister Paul Kabuswe said on Wednesday. "This government is saying Zambians must be an integral part of whatever investment. We can no longer sit in the terraces and... 

WA appoints expert to review DMIRS harrassment protocols

By: Esmarie Iannucci     22nd June 2022 The Western Australian government has announced the appointment of an independent expert to review the Department of Mines, Industry Regulation and Safety's (DMIRS) protocols for responding to incidents of sexual harassment and sexual assault in the mining industry. Workplace culture expert at... 

Small diamond miners want big licence holders built in so they can grow sector together  

By: Martin Creamer     21st June 2022 Small diamond miners want to lock arms with all stakeholders through the South African Diamond Producers’ Organisation (Sadpo) to recover a large number of lost jobs and to realise the full potential value alluvial diamonds. “The role of Sadpo is to take on those big conversations and make sure... 

Picture supplied.
Sadpo CEO Yamkela Makupula interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

India’s gold recycling industry buoyed by strong demand

By: Darren Parker     21st June 2022 Market development organisation the World Gold Council (WGC) says India’s gold demand continues to outpace domestic mine supply and is showing no signs of abating, which has bolstered the country’s gold recycling capability to make up some of the shortfall. The rest of the country’s demand is met... 

indian woman with gold head dress

Building Forever has become core business at De Beers, it's in the business plan  

By: Martin Creamer     20th June 2022 It is a full year since the De Beers Group set itself a dozen far-reaching 2030 ‘Building Forever’ sustainability goals, which have as their four focus areas leading ethical practices, protecting the natural world, partnering for thriving communities and accelerating equal opportunity. In... 

Picture provided.
De Beers Group CEO Bruce Cleaver interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Guinea gives Simandou iron-ore mine developers 14-day deadline

By: Reuters     20th June 2022 Partners in Guinea's Simandou iron-ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto and Chinese-backed Winning Consortium Simandou (WCS) on Friday. Guinea has grown increasingly impatient with the companies that... 

The Simandou iron-ore mine site

Green hydrogen’s business case significantly strengthened, summit hears  

By: Martin Creamer     17th June 2022 Green hydrogen, when earlier identified as a necessary clean energy source to help the world achieve net-zero emissions in the coming decades, was higher up the cost curve than fossil fuels. Now that has changed with this week’s Financial Times Hydrogen Summit emphasising that green hydrogen’s... 

Creamer Media screenshot
FT Hydrogen Summit panel discussion.

Chile tax reform, mining royalty 'priority number one,' Minister says

By: Reuters     17th June 2022 Chile's government is set to push forward its tax reform plans, including a bill on mining royalties, by the end of this month, a top cabinet member to President Gabriel Boric told Reuters, legislation that could impact the world's top copper producer. Giorgio Jackson, a former student leader... 

Moody's warns Chile constitution uncertainty could hit mining investment

By: Reuters     16th June 2022 Investment in Chile's mining sector could face gridlock if political uncertainty over a new constitution is not resolved, ratings agency Moody's said on Wednesday, a reflection of industry concerns in the world's top copper producing nation. Chile is redrafting its market-orientated constitution... 

ESG provides profitable returns from smart capital allocation – analyst

By: Martin Creamer     15th June 2022 Environmental, social and governance (ESG) frameworks not only help businesses and the communities in which they operate but can also generate positive returns as mining companies reduce operating expenses and receive favourable investor interest and cheaper finance. When it comes to ESG, the... 

Picture supplied.
Nedbank mining equity analyst Arnold van Graan.

Treasury gazettes new VAT regulations for valuable metal vendors

By: Darren Parker     14th June 2022 The National Treasury this week gazetted the Regulations on Domestic Reverse Charge Relating to Valuable Metal, which is meant to serve as an anti-abuse measure aimed at foreclosing schemes and malpractices to claim undue value-added tax (VAT) refunds from the South African Revenue Service (Sars)... 

Prieska Power Reserve partners IDC to further South Africa’s green hydrogen ambitions

By: Martin Creamer     14th June 2022 Emerging green hydrogen company Prieska Power Reserve on Tuesday announced a partnership with the State-owned Industrial Development Corporation (IDC) to advance a green hydrogen project in Prieska, in South Africa’s Northern Cape province. The Prieska Power Reserve Project is described on the... 

Picture supplied.
Prieska Power Reserve director Meta Mhlarhi.

Argentina offers tax sweeteners to encourage fledgling copper sector

By: Reuters     14th June 2022 Argentina said on Monday it would introduce a new optional tax regime for copper producers that could potentially lower export duties in an effort to jumpstart national production. The measure, announced by Economy Minister Martin Guzman at a mining forum, follows conversations with provinces... 

Canada must overcome hurdles in ‘urgent’ critical minerals push

By: Bloomberg     14th June 2022 The global clean-energy transition offers metals-rich Canada a “generational economic opportunity,” as long as the mining industry can get past some key hurdles, Natural Resources Minister Jonathan Wilkinson said. Wilkinson highlighted Canada’s resource strengths and stability at Monday’s... 

An image of Natural Resources Minister Jonathan Wilkinson
Natural Resources Minister Jonathan Wilkinson

China Moly denies Congo administrator takes over its Tenke copper-cobalt mine

By: Reuters     10th June 2022 There has been no change in control of Tenke Fungurume Mining, majority owner China Molybdenum said on Friday, contradicting a state mining company official who said a temporary administrator had taken control of the world's second-largest cobalt producer. The secretary-general of Congo's state... 

The copper processing facilities at the Tenke Fungurume operation.
The copper processing facilities at the Tenke Fungurume operation.

MCA calls for mining reforms in Victoria

By: Esmarie Iannucci     10th June 2022 The Minerals Council of Australia (MCA) has called for a ‘fundamental and urgent’ reform of the Victorian Mining Act and regulatory framework, and for mining to be recognised as a priority industry for regional development in Victoria. In its new Rediscover Victoria policy priorities platform,... 

WA makes changes to speed up mining approvals

By: Esmarie Iannucci     10th June 2022 The Western Australian government will move to accelerate exploration and mining approvals following a significant increase in applications this financial year. The Approvals Response Plan, developed by the Department of Mines, Industry Regulation and Safety, will focus on prioritising the... 

Infrastructure improvements, coherent legislation could boost industry

By: Cameron Mackay     10th June 2022 Foreign direct investment in Mozambique has been in decline since 2013, owing to political uncertainty, falling commodity prices and security concerns. Law firm Beech Veltman CEO Warren Beech says domestic investment has, however, remained steady throughout the Covid-19 pandemic, and the... 

Image of Beech Veltman CEO Warren Beech
WARREN BEECH The discovery of natural resources has become a major attraction for investment in Mozambique, which has led to a demand for a qualified mining industry

Firm offers labour solutions to mines

By: Cameron Mackay     10th June 2022 Integrated employment management solutions company Quyn will use its presence, contacts and previous experience in projects in Mozambique to supply bespoke employment management solutions to the mining sector, says Quyn Mozambique country manager Nelo Teixeira. Quyn provides a range of tailored... 

Image of the Mocuba solar energy project
BESPOKE EMPLOYMENT MANAGEMENT SOLUTIONS Quyn will use its experience in providing labour for infrastructure projects in the country to assist the country’s mining sector

Small remaining equity needed for restart of rich old copper mine in Northern Cape 

By: Martin Creamer     9th June 2022 A mine that produced some of South Africa’s best copper and zinc concentrates back in the day is capable of being brought back into production in 19 months after reconstruction go-ahead. Only a very little portion of equity is still required for the restart of the Prieska copper/zinc mine, which... 

Creamer Media screenshot
Where Orion Minerals is developing mines.

JSE recounts rousing tent-to-tech journey as Southern Palladium turns listing tide  

By: Martin Creamer     8th June 2022 The first in-person listing of the Johannesburg Stock Exchange since covid heard the African kudu horn serenade an opening bid of R6.90 a share for platinum group metals (PGMs) company Southern Palladium, which on Wednesday took its place on the JSE’s main board as a secondary listing under the... 

Creamer Mdedia screenshot.
Southern Palladium’s JSE listing covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Increased efficiency cuts carbon, advances net-zero path, research finds  

By: Martin Creamer     8th June 2022 Like all other key industries, mining is having to advance along a net-zero path as part of the global decarbonisation drive. Gone are the days when innovation and financial improvement can be sold on their own without a carbon advantage. (Also watch attached Creamer Media video.) 

Creamer Media screenshot.
Rocsole CEO Mika Tienhaara interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Rare earths mining marking time amid prospecting bid to explore on same site 

By: Martin Creamer     7th June 2022 A rare earths development is marking time owing to a prospecting right appeal to explore where a mining right has already been granted, Steenkampskraal chairperson Trevor Blench disclosed at last week’s Junior Indaba. The Steenkampskraal mine contains all fifteen rare earths, including those that... 

Picture supplied
Steenkampskraal chairperson Trevor Blench.

Argentine mining companies condemn lithium export price set by government

By: Reuters     6th June 2022 The price for lithium exports set by Argentina's government earlier this week could limit the country's ability to profit from the increasingly hot market for the crucial electric vehicle battery material, an industry group said Friday. Argentina's customs agency set a reference price of $53 per... 

Circular economy prompting steel, oil, carbon recovery from end-of-life mine truck tyres  

By: Martin Creamer     6th June 2022 Highest and best use of ultra-large end-of-life mine truck tyres is being brought about by a change to the model in which resources are mined, made into products, and then become waste. Just one of these giant tyres can weigh 4.5 t and stand 14 feet tall. Put five of the 63-inch variety into a... 

Picture supplied.
Kal Tire’s Dan Allan speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Junior explorer scores big in Namibian gold belt where mining majors failed  

By: Martin Creamer     2nd June 2022 If you want to raise real risk capital for exploration, you need Canadian-style investors to provide it, the 2022 Junior Indaba heard on Thursday. While it was acknowledged that South Africa has the money, it was also reiterated that the country is just not channeling it into exploration, where... 

Osino Resources CEO Heye Daun
Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

WoodMac’s Maade expects economy to bounce back in 3 years if risks are mitigated

By: Darren Parker     2nd June 2022 Despite the most aggressive policy tightening cycle in decades, research and consulting firm Wood Mackenzie (WoodMac) metals and mining markets head Derryn Maade has said the global economy is expected to manage a “soft landing pace of growth”, easing back to pre-Covid-19 trends within the next... 

Cadastral system indefinitely delayed because it would expose corruption, says DA's Lorimer

By: Darren Parker     2nd June 2022 The glacial pace at which the Department of Mineral Resources and Energy (DMRE) has been moving on the implementation of a national minerals rights cadastral system is a reflection of the fact that there is so much corruption to hide, opposition party Democratic Alliance minerals shadow minister... 

DA minerals shadow minister James Lorimer
DA minerals shadow minister James Lorimer

Arbitration hearing set for January in Vedanta-Zambia dispute

By: Reuters     2nd June 2022 Zambia's decision three years ago to take control of a copper mine in the country's north will be subject to an arbitration hearing in January in London, the country's mines minister said on Wednesday, amid a lengthy dispute over the mine's ownership. Zambia in May 2019 handed control of Konkola... 

DMRE agrees to adopt amended African Regional Cooperative Agreement for Research

By: Donna Slater     2nd June 2022 The Portfolio Committee on Mineral Resources and Energy, on May 31, unanimously voted to adopt the amended African Regional Cooperative Agreement for Research (AFRA) as presented by the Department of Mineral Resources and Energy (DMRE). Although South Africa has been signatory to the AFRA since... 

Far-reaching JSE reforms highlighted at exploration-focused Junior Indaba 

By: Martin Creamer     1st June 2022 The June 1 launch of the JSE’s new Cutting Red Tape initiative to make listing on the JSE considerably easier, faster and more sustainable is twinning with JSE’s recent private placements inventiveness that provides for the raising of capital in the private market for minerals exploration and the... 

Picture supplied by JSE.
JSE head of origination and deals Sam Mokorosi.
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