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Legislative Environment News

South Africans working together will find energy solutions – ARM  

By: Martin Creamer     28th February 2020 South Africans working together with confidence and enthusiasm will improve the country and find energy solutions, African Rainbow  Minerals (ARM) executive chairperson Dr Patrice Motsepe said on Friday. Presenting a 25% higher interim dividend and a 193%-better performance from ARM Platinum in... 

ARM buoyed by soaring platinum earnings, ups dividend  

By: Martin Creamer     28th February 2020 The earnings of black-owned diversified mining company African Rainbow Minerals ARM were buoyed in the six months to December 31 by soaring platinum earnings, which helped to offset lower manganese metals and thermal coal prices. ARM Platinum’s half-year headline earnings rocketed 193% to... 

ARM buoyed by soaring platinum earnings, ups dividend
Photo by Creamer Media
Patrice Motsepe

Minister skates over issues in speech

By: Tracy Hancock     28th February 2020 The various proverbial “elephants in the room” of the South African mining sector were not addressed by Mineral Resources and Energy Minister Gwede Mantashe when he delivered his speech at the 2020 Investing in African Mining Indaba earlier this month, says law firm Herbert Smith Freehills... 

Minister skates over issues in speech
GWEDE MANTASHE The Draft Upstream Petroleum Resources Development Bill has received positive comments

Angolan diamond production up, but revenues increase at significantly slower rate

By: Rebecca Campbell     28th February 2020 Last year Angola sold just over 9.44-million carats of diamonds, earning $1.299-billion, the National Diamond Commercialisation Company of Angola (Empresa Nacional de Comercialização de Angola) – better known as Sodiam – has reported. This represented a year-on-year increase of 12.3% in... 

Gold strong despite dip in demand

By: Mc'Kyla Nortje     28th February 2020 Despite gold demand declining by 1% to 4 335 t in 2019 – as reported by international association the World Gold Council (WGC) – central bank demand for gold and gold exchange traded fund (ETF) purchases remained strong, says WGC member and market relations director John Mulligan. Referencing the... 

Gold strong despite dip in demand
CUSTOMER UNCERTAINTY Rapidly rising gold prices often cause uncertainty among consumers

Producer to derisk vanadium operations

By: Tracy Hancock     28th February 2020 Energy storage solutions provider Bushveld Energy intends to secure partial self-supply of electricity at all Bushveld Minerals operations in South Africa this year to mitigate the risks associated with the potential deterioration of State-owned power utility Eskom and the national power system.... 

Producer to derisk vanadium operations
RARE ASSET Bushveld Vanadium’s Vametco plant is one of four existing primary vanadium production processing facilities in the world

Implats evaluating 200 MW solar power plant in Zimbabwe  

By: Martin Creamer     27th February 2020 Zimbabwe platinum group metals mining company Zimplats is in the midst of a feasibility study to evaluate the construction of a 200 MW solar power plant, Implats CEO Nico Muller said on Thursday. Speaking to Mining Weekly following the company’s interim dividend reinstatement and generation of... 

Implats evaluating 200 MW solar power plant in Zimbabwe
Implats CEO Nico Muller talks to Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala.

Hydrogen fuel cell technology moving at very fast pace – Implats  

By: Martin Creamer     27th February 2020 Fuel cell technology is moving at a very fast pace, Implats group executive: refining and marketing Sifiso Sibiya said on Thursday. Hydrogen gas from energy company Sasol is already piped to the Impala Platinum refinery site in Springs, on the East Rand, where Implats has donated 16 ha of land... 

Hydrogen fuel cell technology moving at very fast pace – Implats
Implats interim results covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala.

Impala Rustenburg’s stunning improvement saves 12 500 jobs   

By: Martin Creamer     27th February 2020 Platinum group metals mining and marketing company Implats has upped its game at Impala Rustenburg to such a stunning extent that the 12 500 jobs that were earmarked for loss through shaft closure have all been preserved. Once doomed shafts are now operating at the same cost at which the... 

Impala Rustenburg’s stunning improvement saves 12 500 jobs
Implats interim results covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala

India fails yet again to make Fraser Institute’s investment destination ranking

By: Ajoy K Das     27th February 2020 The Indian mining industry has squarely blamed the country’s present mining policy and adoption of mandatory auction for allocation of mineral assets as the cause of the country not featuring in Fraser Institute’s global survey gauging investment attractiveness. “The current mining policy has... 

Hydrogen fuel cell technology key to achieving green economy – Plug Power 

By: Martin Creamer     26th February 2020 The only way to achieve a ‘green’ economy, fight climate change and prevent the destruction that the world has seen in recent years is to ensure that conversations turn to the adoption of the hydrogen economy and interest in fuel cell deployment lives beyond the initial hype. That is the view of... 

Hydrogen fuel cell technology key to achieving green economy – Plug Power
Andy Marsh

South Africa surpasses Botswana in attractiveness as a mining investment destination

By: Marleny Arnoldi     26th February 2020 South Africa last year surpassed Botswana as the most attractive mining investment destination on the African continent, the Fraser Institute’s latest ‘Annual Survey of Mining Companies’ shows. Guinea topped the list of African countries included in the institute’s Investment Attractiveness... 

South Africa surpasses Botswana in attractiveness as a mining investment destination

DMIRS cuts exploration application times

By: Esmarie Iannucci     26th February 2020 The Western Australian Department of Mines Industry Regulation and Safety (DMIRS) will cut its assessment timeframes in half for exploration applications from July 1. The new timeframe meant DMIRS would reduce its target for programme of works (PoW) applications for exploration activities from... 

WA tops mining investment list, Qld drop a 'wake up call'

By: Esmarie Iannucci     26th February 2020 Western Australia has emerged as the most attractive jurisdiction for mining investment in the world, while South Australia ranked sixth within the top ten jurisdictions in Canadian think tank Fraser Institute’s annual survey of mining companies. The Northern Territory came in at number 13,... 

WA tops mining investment list, Qld drop a 'wake up call'

Aspasa reiterates call to members to report illegal mining activity

By: Marleny Arnoldi     26th February 2020 Representative association, the Aggregate and Sand Producers Association of Southern Africa (Aspasa), is working closely with its members and authorities to identify and clamp down on illegal mining – from small borrow pits to well organised, large-scale mining undertaken by syndicates. The... 

Aspasa reiterates call to members to report illegal mining activity
Aspasa director Nico Pienaar

Canada falls out of top ten attractive places for mining investment 

By: Mariaan Webb     25th February 2020 For the first time in a decade, no Canadian jurisdiction ranks in the top ten for ‘investment attractiveness', according to the latest survey released by the Fraser Institute. Australian, US and European jurisdictions dominate the top ten. 

Canada falls out of top ten attractive places for mining investment

Ecuadorean court denies public vote on halting mining projects

By: Reuters     24th February 2020 Ecuador's Constitutional Court late on Friday denied for a second time a request by activists to hold a public vote on whether to ban mining in the Andean country's mineral-rich Azuay province, where several mining projects are in development. Azuay's prefect, Yaku Perez, who submitted the... 

Solar power for mines under consideration – Assore 

By: Martin Creamer     21st February 2020 A scoping study is under way into the self-generation of electricity for Assmang’s mines – but not its smelters, Assore CEO Charles Walters said on Friday, when the company reported interim results that were negatively affected by weaker chrome and manganese prices, and lower shipments of... 

Solar power for mines under consideration – Assore
Photo by Assore
Assore's mines and logisitcs routes

Policy review could improve investor confidence

By: Darren Parker     21st February 2020 Mining consulting firm The MSA Group is hoping that the review of Namibia’s Minerals (Prospecting and Mining) Act will enhance the country’s “friendliness” toward mining investors. The MSA Group principal consultant Mike Robertson says the 1992 legislation has been under review since 2018.... 

Policy review could improve investor confidence
DRIVING INVESTMENT Namibia’s reliable transport infrastructure, despite the remote nature of many sites of mineral interest, is attractive to investors

Namibian policy uncertainty a concern

By: Darren Parker     21st February 2020 A key issue creating uncertainty among Namibia’s mining investors is the non-deductibility of royalties and export levies for non-diamond mining, which was announced during the Namibian 2019/20 Budget Speech by Namibian Finance Minister Calle Schlettwein, presented to Namibia’s Parliament in... 

Namibian policy uncertainty a concern
VESTON MALANGO The effect of the non-deductibility of royalties is double taxation, which erodes project viability for new mines or planned expansion of activities

Copperbelt spells opportunity for firm 

By: Darren Parker     21st February 2020 Superior, modern exploration techniques have resulted in a surge of interest in the Kalahari Copperbelt in recent years, with the uptick in the 2019 year-end copper price spurring exploration activity. The Kalahari Copperbelt, which is regarded as one of the world’s most promising underexplored... 

Copperbelt spells opportunity for firm
BELT OF POTENTIAL The 1 000 km long Kalahari Copperbelt Is regarded as one of the world’s most promising underexplored copper provinces

Uranium sector improving

By: Darren Parker     21st February 2020 The Namibian uranium sector is under pressure, but Namibian Uranium Institute (NUI) executive director Dr Gabi Schneider believes that it is improving. “The sector is negatively impacted on by the low uranium price, but as the world builds new nuclear power plants, and with the realisation that... 

Uranium sector improving
Photo by Bloomberg
YELLOW FEVER The targets of the Paris climate accord cannot be met without nuclear power generation, which means that the uranium demand is expected to rise

Leaders must adapt to seize opportunities

By: Khutso Maphatsoe     21st February 2020 Africa’s status as a continent of abundant resources crucial to global development has prompted foreign investors to increase their presence in Africa to capitalise on growth opportunities, says Project Management South Africa (PMSA) director Robert Best, adding that project leaders need to focus... 

Leaders must adapt to seize opportunities
ROBERT BEST Project managers need to focus on a success-building mindset in the mining sector

Anglo’s earnings margins poised to strengthen – Cutifani 

By: Martin Creamer     20th February 2020 The strong 2019 earnings margins of Anglo American are poised to strengthen further in 2020, CEO Mark Cutifani said on Thursday. The 2019 earnings before interest, taxes, depreciation and amortisation (Ebitda) margins of the London- and Johannesburg-listed diversified mining company ranged from... 

Anglo’s earnings margins poised to strengthen – Cutifani
Photo by Anglo American
Anglo American calculates that these earnings margins will increase in 2020.

Anglo’s hydrogen fuel truck ‘a great initiative’ – Cutifani 

By: Martin Creamer     20th February 2020 Anglo American CEO Mark Cutifani on Thursday described the building of the world’s largest hydrogen fuel cell haul truck in Limpopo as a great initiative that would in time be rolled out across the platinum group metals (PGMs), diamonds, copper and iron-ore mining company. Hydrogen fuel cell... 

Anglo’s hydrogen fuel truck ‘a great initiative’ – Cutifani
Photo by Anglo American
Four-part forward thrust.

South Africa could use mining royalties to set up sovereign fund – Minister

By: Reuters     20th February 2020 South Africa could use mining royalties to set up a proposed sovereign wealth fund, Mineral Resources and Energy Minister Gwede Mantashe said on Wednesday. President Cyril Ramaphosa said in an annual address to parliament last week the government had decided to establish a sovereign fund, but he... 

Price-spiking palladium must be substituted with platinum – Sibanye-Stillwater 

By: Martin Creamer     19th February 2020 It is incumbent on the end users to help platinum group metals mining companies to a position where the platinum price will not be destroyed, Sibanye-Stillwater CEO Neal Froneman said on Wednesday. Speaking during the presentation of superlative results, Froneman said the industry could not... 

Price-spiking palladium must be substituted with platinum – Sibanye-Stillwater
Photo by Creamer Media's Donna Slater
Neal Froneman

Very Proudly South African Sibanye-Stillwater set to take on world – Froneman 

By: Martin Creamer     19th February 2020 An upbeat Neal Froneman said on Wednesday that world would see his “very Proudly South African’ precious metals mining company Sibanya-Stillwater take on global companies across the world. Speaking after the relisting of the platinum group metals (PGM) and gold mining company at the Johannesburg... 

Very Proudly South African Sibanye-Stillwater set to take on world – Froneman
Photo by Creamer Media's Donna Slater
JSE CEO Dr Leila Fourie (left) and Sibanye-Stillwater CEO Neal Froneman.

Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater  

By: Martin Creamer     19th February 2020 The next big disruptive technology will be hydrogen fuel cell technology, which is platinum rich, Sibanye-Stillwater CEO Neal Froneman said on Wednesday. Speaking ahead of half-year results of a 44% increase in revenue to R73-billion and a R432-million profit for 2019, Froneman stated that this... 

Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer. Photographs: Donna Slater.

Sibanye-Stillwater delivers phenomenal 260% return – JSE 

By: Martin Creamer     19th February 2020 Top-performing Sibanye-Stillwater delivered a phenomenal return of 260% on the Johannesburg Stock Exchange in 2019, JSE CEO Dr Leila Fourie stated on Wednesday when the company relisted to the accompaniment of a rapid 5.3% early-afternoon soaring of its share price. From a Gold Fields spinoff... 

Sibanye-Stillwater delivers phenomenal 260% return – JSE
Photo by Creamer Media's Donna Slater
Sibanye-Stillwater's ceremony at JSE

Zimbabwe threatens to withdraw mining licences over unpaid fees

By: Reuters     19th February 2020 Zimbabwe has given holders of mining concessions up to the end of April to pay $11-million in outstanding annual fees or risk losing their licences, the mines minister said on Tuesday. Mining is the biggest earner of foreign exchange in the southern African nation, which hopes the sector will... 

South Africa’s Astron ‘a nice short to have for the trading business’ – Glencore 

By: Martin Creamer     18th February 2020 Glencore CEO Ivan Glasenberg on Tuesday described his company’s investment in Astron Energy oil refinery and fuel distribution station business in South Africa as “a nice short to have for the trading business”. The Chevron oil refinery in Cape Town and the Caltex brand now fall under Astron... 

Climate-friendly copper, cobalt, nickel steal limelight as Glencore depletes coal reserve 

By: Martin Creamer     18th February 2020 Climate-friendly energy transition metals, copper, cobalt and nickel, stole the limelight during Glencore’s presentation of 2019 results on Tuesday, when the company revealed that it would be depleting its coal reserves in line with the global move towards a low-carbon economy. Presenting... 

Climate-friendly copper, cobalt, nickel steal limelight as Glencore depletes coal reserve
Photo by Bloomberg
Ivan Glasenberg

Glencore provides update on its transition to low-carbon economy

By: Martin Creamer     18th February 2020 JOHANNESBURG (miningweekly.com) – Diversified mining and marketing company Glencore on Tuesday published an update on its performance in transitioning towards a low-carbon economy. This follows its climate change position statement of February 2019. 

Glencore provides update on its transition to low-carbon economy
Photo by Bloomberg
Ivan Glasenderg

Controversial Act reducing investment in US

By: Tracy Hancock     18th February 2020 While the US scores high in terms of its steady economic and political systems, lack of government corruption and currency stability, it has a low ranking for permitting delays, with the necessary government authorisations taking about seven to ten years to secure, says the American Exploration &... 

Controversial Act reducing investment in US
ENVIRONMENTAL ACT ASSESMENT The National Environmental Policy Act is being misused in ways that delay a whole array of desirable projects that create jobs

Substitution outlook intensifies with platinum at half palladium price ­– Amplats 

By: Martin Creamer     17th February 2020 With the price of platinum at half of the palladium price, the concept of replacing palladium with platinum in some gasoline catalyst convertors is increasingly likely to occur – but not in the very short term, outgoing Anglo American Platinum (Amplats) CEO Chris Griffith said on Monday.... 

Substitution outlook intensifies with platinum at half palladium price ­– Amplats
Mining Weekly’s Martin Creamer on Anglo American Platinum’s results. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

Hydrogen fuel cell mining set to cut Amplats’ greenhouse gas emissions – Griffith  

By: Martin Creamer     17th February 2020 The introduction of hydrogen fuel cell mining in response to climate change is poised to cut the greenhouse gas emissions of platinum group metals mining company Anglo American Platinum by 30%. A large enabler of this significant reduction is the introduction of hydrogen fuel cell mining trucks,... 

Hydrogen fuel cell mining set to cut Amplats’ greenhouse gas emissions – Griffith
Mining Weekly’s Martin Creamer on Anglo American Platinum’s results. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

Record-performing Amplats applying for 75 MW solar power at Mogalakwena

By: Martin Creamer     17th February 2020 Platinum group metals (PGMs) mining company Anglo American, which has reported record safety, record financials and the highest dividend in 15 years, has submitted an application to be allowed to self-generate 75 MW of solar power at its Mogalakwena mine where the world’s largest hydrogen fuel... 

Record-performing Amplats applying for 75 MW solar power at Mogalakwena
Photo by Creamer Media's Donna Slater
Chris Griffith
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