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Legislative Environment News

DMRE commits to provide final decision on Samrad system in six months 

By: Schalk Burger     3rd March 2021 The Department of Mineral Resources and Energy (DMRE) director-general Thabo Mokoena, during a follow-up briefing to the Parliamentary Portfolio Committee on Minerals and Resources on March 3, committed the department to providing a final determination on the South African Mineral Resources... 

The major challenge of the mining industry is the imperative of growth – Dr Motsepe  

By: Martin Creamer     3rd March 2021 The major challenge of the mining industry is the imperative of growth, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said on Wednesday, when the 25 000-employee ARM reported record financial results. “You’ve got to replace the orebody that you’re mining with an equally... 

African Rainbow Minerals executive chairperson Dr Patrice Motsepe.
African Rainbow Minerals interim results report by Mining Weekly’s Martin Creamer: Video: Darlene Creamer.

New exploration strategy a step closer, but questions remain

By: Donna Slater     3rd March 2021 The Minerals Council South Africa and the Council for Geoscience are said to be close to publishing their so-called new strategic Exploration Implementation Plan. Announced during the Joburg Indaba in October 2020, the new exploration strategy was then earmarked for development within three... 

African Rainbow Minerals' earnings soar 134%, interim dividend declared

By: Martin Creamer     3rd March 2021 Despite Covid-19-related global economic challenges and uncertainty, African Rainbow Minerals (ARM) on Wednesday reported record headline earnings of R5 039-million for the six months to December 31. This represented a 134% increase compared with the corresponding of 2019 and was underpinned by... 

African Rainbow Minerals executive chairperson Dr Patrice Motsepe
Photo by Creamer Media
African Rainbow Minerals executive chairperson Dr Patrice Motsepe

Super-cycling PGMs being shielded from demand-hit repeat of 2000s – Froneman  

By: Martin Creamer     2nd March 2021 Platinum group metals (PGMs) are moving into a super cycle and producers are working with end-users to prevent the metals going through a repeat of the demand-destruction phase that took place in the early 2000s, Sibanye-Stillwater CEO Neal Froneman told the BMO conference on Monday. Speaking on... 

Outlook for platinum group metals positive as they enter super cycle, says Sibanye-Stillwater.
Outlook for platinum group metals positive as they enter super cycle, says Sibanye-Stillwater.

High Court interdicts business rescue of Lily, Barbrook mines 

By: Donna Slater     1st March 2021 The Mpumalanga division of the High Court on February 26 granted an interim interdict, as applied for by bidder Arqomanzi, delaying the implementation of busines rescue plans for the Lily and Barbrook mines by former owner Vantage Goldfields. The interim interdict is valid until May 4.  

Anglo CEO talks hydrogen, recycling, Scope 3, material solutions provision  

By: Martin Creamer     1st March 2021 The surge of the hydrogen economy, the need to recycle, halving Scope 3 emissions through iron-ore-linked green steelmaking, assisting South Africa to create new industries, and becoming a one-stop material solutions provider, were among the issues discussed by Anglo American CEO Mark Cutifani in... 

Anglo American CEO Mark Cutifani
Anglo American CEO Mark Cutifani interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Mexican mining chamber warns uncertainty to bring investment cuts

By: Reuters     1st March 2021 Mexico's large mining sector will likely see some recovery this year after 2020's pandemic-induced slump, but a key industry leader said he fears rising political risk will drag down growth as companies focus new investments elsewhere. Fernando Alanis, president of Mexican mining chamber... 

Mexican mining chamber warns uncertainty to bring investment cuts

Company reduces environmental risk through greener blasts

26th February 2021 For over three decades, chemicals manufacturer Omnia Holdings’ subsidiary Bulk Mining Explosives (BME) has been incorporating used oil in its emulsion explosives, making blasting greener and reducing environmental risk. Consequently, the company is the leading consumer of used oil in the... 

Association develops new audit programme

26th February 2021 Industry association the Aggregate and Sand Producers Association of Southern Africa (Aspasa) is in the process of completely redeveloping its renowned environmental audit system, creating a robust new system that is more user friendly and better aligned with the requirements of smaller-scale... 

Colliery installs filter press systems at processing plants

By: Khutso Maphatsoe     26th February 2021 Mining investment firm Menar will implement a programme comprising the installation of filter press systems at both of its Zululand Anthracite Colliery (ZAC) processing plants to maximise water reuse and recycling. The commissioning of the first filter press system is planned for next month, with... 

FRESH AND CLEAN All the water management measures implemented by ZAC will also ensure the protection of freshwater resources against pollution
FRESH AND CLEAN All the water management measures implemented by ZAC will also ensure the protection of freshwater resources against pollution

ESG principles integral to addressing carbon tax challenges

26th February 2021 Attracting new investment will increasingly depend on having a strong environmental, social and corporate governance (ESG) culture, and mines aiming to reduce their carbon footprint through capital-intensive technology programmes will thus need to implement better ESG programmes to help raise... 

BALANCING ACT 
Linking ESG priorities to operations’ short-term viability is complex, and a careful balancing act is needed for mines to attract and retain investors
Photo by Adobe
BALANCING ACT Linking ESG priorities to operations’ short-term viability is complex, and a careful balancing act is needed for mines to attract and retain investors

Environmental trend spurs green financing

By: Creamer Media Reporter      26th February 2021 The green financing market is gaining traction in South Africa, says law firm ENSafrica natural resources and environment senior associate Mihlali Sitefane. Green financing promotes the funding of projects that contribute to sustainable development by requiring the integration of social, economic... 

Implats pursuing renewables, green hydrogen, exploration, carbon neutrality  

By: Martin Creamer     25th February 2021 Platinum group metals (PGMs) mining and marketing company Implats is pursuing green hydrogen, greenfield exploration and carbon neutrality, the company made clear during question time after presenting a stellar set of high-dividend-yielding interim financial results on Thursday, which cut debt by... 

Impala Platinum's Shaft 16 in Rustenburg
Impala Platinum's Shaft 16 in Rustenburg

South Africa's mineral licensing system holding back prospecting, exploration

By: Schalk Burger     25th February 2021 Department of Mineral Resources and Energy (DMRE) director-general Thabo Mokoena has conceded that the South African Mineral Resources Administration System (Samrad), which was introduced to allow the general public and investors to view the country's mineral rights, is dysfunctional. He told a... 

South Africa's mineral licensing system holding back prospecting, exploration

Test mine study under way for Fourth Industrial Revolution try-outs  

By: Martin Creamer     24th February 2021 A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering... 

Clockwise from top left Sietse van der Woude, Ian Mackay, and Bernard Swanepoel.
Joburg Indaba Modernisation in Mining virtual event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

NAIF amendments head to Parliament

24th February 2021 Reforms to speed up investment approvals for the Northern Australia Infrastructure Facility (NAIF) has been introduced into Federal Parliament. Minister for Resources, Water and Northern Australia Keith Pitt said the reforms would extend the operations of the government’s A$5-billion NAIF for a... 

NAIF amendments head to Parliament

Harmony Gold’s hedging realises R902m net gain in six months  

By: Martin Creamer     23rd February 2021 Gold mining company Harmony Gold realised a net gain of R902-million from its hedging in the six months to December 31, Harmony Gold FD Boipelo Lekubo said on Tuesday. In presenting Harmony’s superb set of dividend-yielding half-year results of profit soaring 336% to R5.8-billion in the six... 

Harmony Gold FD Boipelo Lekubo
Harmony Gold FD Boipelo Lekubo’s financial report covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nevada and Arizona now the most attractive mining destinations 

By: Mariaan Webb     23rd February 2021 Nevada, in the US, is now the world’s number-one jurisdiction for mining investment, bumping Western Australia from the top of the chart, according to the latest Fraser Institute survey. Arizona, which ranked ninth in 2019, sailed into the second place, while Saskatchewan climbed eight spots... 

Nevada and Arizona now the most attractive mining destinations

Greenfield exploration drilling restarts at Target North gold prospect  

By: Martin Creamer     23rd February 2021 Greenfield exploration drilling has restarted at the Target North prospect in the Free State, which Covid-19 temporarily halted, Harmony Gold CEO Peter Steenkamp told Mining Weekly on Tuesday. Speaking during a Zoom interview after presenting an outstanding set of dividend-yielding  financial... 

Harmony Gold CEO Peter Steenkamp
Harmony gold CEO Peter Steenkamp interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Harmony starts on first 10 MW of own solar, keen to pursue next 20 MW 

By: Martin Creamer     23rd February 2021 Gold mining company Harmony Gold, which is in the process of introducing 30 MW of own-generation solar power into its electricity mix, has begun the phasing in of the first 10 MW of renewable energy generation. “Generating our own power from solar power is the way to go,” Harmony Gold CEO Peter... 

Harmony Gold mineworkers underground at Masimong gold mine.
Harmony Gold mineworkers underground at Masimong gold mine.

Green hydrogen to be produced from solar power at platinum mine  

By: Martin Creamer     22nd February 2021 Although platinum group metals (PGMs) mining and marketing company Anglo American Platinum will be starting with a 75 MW solar photovoltaic powered plant at its Mogalakwena mine, planned is an eventual 320 MW of solar power generation, the excess from which will be used to produce green hydrogen.... 

Anglo American Platinum CEO Natascha Viljoen
Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Global decarbonisation rapidly upping demand for Anglo Platinum products 

By: Martin Creamer     22nd February 2021 Platinum group metals mining and marketing company Anglo American Platinum said on Monday that it was poised to deliver next phase of value for its stakeholders as decarbonisation efforts increase the long-term demand for its metals. “We are grounded in our purpose to re-imagine mining to improve... 

Anglo American Platinum's Mogalakwena platinum mine in Limpopo.
Anglo American Platinum's Mogalakwena platinum mine in Limpopo.

Namibia suspends new mining right applications

By: Mc'Kyla Nortje     19th February 2021 The Namibian Ministry of Mines and Energy (MME) will not consider or process new applications for mineral rights from November 18, 2020, to August 17, 2021,  the ministry said in a statement last year.   The reason is to enable the ministry to review requirements and procedures for right... 

BRYAN WHITE
Mining industry will grapple with the Covid-19 measures for some time, and notes that they have largely been normalised as part of mines’ work processes
BRYAN WHITE Mining industry will grapple with the Covid-19 measures for some time, and notes that they have largely been normalised as part of mines’ work processes

Uranium industry awaits price increase

By: Mc'Kyla Nortje     19th February 2021 Despite the prolonged period of low uranium prices, wrought by the Fukushima tsunami and the subsequent oversupply caused by the shutdowns of nuclear power plants, the Namibian uranium sector, unlike those in other countries, has not stagnated, states Namibian Uranium Institute executive director... 

SAFETY FIRST
Radiation Safety Working Group inspecting final product transport at the Husab Mine
SAFETY FIRST Radiation Safety Working Group inspecting final product transport at the Husab Mine

Improved tailings disposal could reduce water use

By: Mc'Kyla Nortje     19th February 2021 Namibia is a water-scarce country in most areas; therefore, minimising water consumption in ore processing is a focus area, especially for tailings disposal, which can account for over 50% of all new/fresh water used in processing, states engineering and environmental consulting firm Knight... 

FOR THE BETTER OF IT
The company assist several mining clients with water and waste management design for greenfield operations, as well as expansion plans for existing mines
FOR THE BETTER OF IT The company assist several mining clients with water and waste management design for greenfield operations, as well as expansion plans for existing mines

Having gold in your portfolio is a very solid insurance right now – Bristow 

By: Martin Creamer     18th February 2021 Having gold in your portfolio is a very solid insurance right now, as it always has been during global crises. That is the view of Barrick Gold president and CE Dr Mark Bristow, whose company on Thursday reported 91% higher fourth-quarter operating cash flow to $5.4-billion and annual free cash... 

Barrick Gold president and CE Dr Mark Bristow
Barrick Gold president and CE Dr Mark Bristow

Sibanye assessing on-site green hydrogen generation to power fuel cell mobility  

By: Martin Creamer     18th February 2021 Platinum group metals (PGM) producer Sibanye-Stillwater is assessing the generation of green hydrogen on its mine sites to power PGM-catalysed hydrogen fuel cell mobility, it said on Thursday, when the Johannesburg- and New York-listed company foresaw good exposure for itself to the hydrogen... 

Sibanye-Stillwater CEO Neal Froneman.
Sibanye-Stillwater results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

First Quantum sees no 'contagion' risk in Zambia after Mopani deal – COO

By: Reuters     18th February 2021 First Quantum Minerals sees no risk of nationalization in Zambia following the sale last month of Mopani Copper Mines to the country's mining investment arm ZCCM-IH, the Canadian miner's chief operating officer, Tristan Pascall, said on Wednesday. “We don’t see any contagion or any element or... 

Governments from Mongolia to Mali seek to reopen mining deals

By: Reuters     18th February 2021 Some resource-rich developing countries are seeking to rewrite mining contracts and accelerate dividend payouts, which can take years to materialize under deals that experts said are tilted in companies' favor. Any move to renegotiate agreements will trigger pushback by miners wary of threats to... 

Minister welcomes export inquiry

By: Esmarie Iannucci     18th February 2021 Federal Resources Minister Keith Pitt has welcomed the Trade and Investment Growth Committee’s inquiry into the financial sector’s treatment of Australia’s export industries. The Joint Standing Committee on Trade and Investment Growth this week announced that it had started an inquiry into the... 

Glencore ferrochrome business evaluating clean energy projects 

By: Martin Creamer     17th February 2021 The ferrochrome business of diversified mining and marketing company Glencore, which uses a substantial amount of electricity, is evaluating various clean energy projects, Glencore ferroalloys head Japie Fullard said during this week’s Glencore a media conference. The media conference followed... 

Glencore Alloys CEO Japie Fullard
Glencore Alloys CEO Japie Fullard

Coal to China set to continue while Asian giant not buying from Australia – Glencore 

By: Martin Creamer     17th February 2021 The export of South African coal to China is poised to continue while China decides not to buy Australian coal, Glencore CEO Ivan Glasenberg said during this week’s Glencore media conference. “China still imports round about 185-million tons to 190-million tons of seaborne coal. They like to... 

Glencore heading for a future without any coal production.
Photo by Bloomberg
Glencore heading for a future without any coal production.

Nagle expresses firm belief in Glencore’s coal-depleting climate change strategy 

By: Martin Creamer     16th February 2021 Firm belief in the climate change strategy being embarked upon by diversified mining and marketing company Glencore was expressed on Tuesday by incoming Glencore CEO Gary Nagle, Outgoing Glencore CEO Ivan Glasenberg announced in December that he would be handing over the reins of the global... 

Gary Nagle
Gary Nagle

DRDGold flies sky high on numbers never seen before  

By: Martin Creamer     16th February 2021 Surface gold recovery company DRDGold flew sky high in the six months to the end of December on financial returns never seen before. “We’ve never seen numbers like this. I mean the cash operating profit was R1.4-billion and earnings R950-million. These are numbers over a six-month period. It’s... 

Recovering gold at the Far West Gold Recoveries operation.
DRDGold CEO Niël Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore ready to support transition to low-carbon economy – Glasenberg 

By: Martin Creamer     16th February 2021 Diversified mining and marketing company Glencore is ready to support the transition to a low-carbon economy, CEO Ivan Glasenberg said on Tuesday when the company reported finishing 2020 with earnings before interest tax depreciation and amortisation (Ebitda) of $11.6-billion, Covid-19... 

Glencore CEO Ivan Glasenberg
Glencore CEO Ivan Glasenberg

DRDGold declares 60%-higher dividend on soaring earnings

By: Martin Creamer     16th February 2021 Surface gold recovery company DRDGold has declared an interim cash dividend on soaring six-month earnings. The operating profits of the Johannesburg- and New York-listed company, headed by CEO Niël Pretorius, rose by 100% to R1.4-billion in the six months to the end of December. 

DRDGold CEO Niël Pretorius
DRDGold CEO Niël Pretorius

London listing on way as mining company strives to become green gold producer  

By: Martin Creamer     15th February 2021 A Kenyan gold asset with expansion, exploration and green status upside is scheduled to reverse list on the London Stock Exchange in March. The Kilimapesa gold mine, with a declared Joint Ore Reserves Committee resource of 670 000 oz, is an operating three-adit asset with fairly extensive... 

Mayflower Capital Investments adviser Gerard Kisbey-Green
Mayflower Capital executive Gerard Kisbey-Green interviewed by Mining Weekly ‘s Martin Creamer on the Kilimapesa gold-mining opportunity. Video: Darlene Creamer.
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