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Legislative Environment News

Online format expands global presence of Joburg Indaba

By: Cameron Mackay     25th September 2020 Owing to the impact of Covid-19 and the subsequent physical distancing regulations, yearly mining conference the Joburg Indaba will be hosted as an online discussion on October 7 and 8. Event organisers Resources 4 Africa CEO Paula Munsie states that this will enable industry players, who were... 

Green hydrogen study integrating SADC ahead of trillion dollar market emergence   

By: Martin Creamer     23rd September 2020 JOHANNESBURG (miningweekly.com) – A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADC) region ahead of the projected opening up of a trillion dollar market going into the future. 

Green hydrogen study integrating SADC ahead of trillion dollar market emergence
Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Russian lawmakers support tax hike for mining companies, oil industry at first reading

By: Reuters     22nd September 2020 Russian lawmakers on Tuesday supported a plan by the finance ministry to increase taxes for some mining companies and the oil industry, in the first of three readings in the State Duma, Russia's lower house of Parliament. Moscow is trying to plug holes in its budget and announed the plan, which... 

Authorities laudably supportive of grid-tied Pan African solar project – coordinator 

By: Martin Creamer     22nd September 2020 The authorities have been laudably supportive of the R150-million grid-tied photovoltaic solar project that is to be built to supply electricity to Pan African Resources’ highly successful Elikhulu tailings retreatment plant in Evander, Mpumalanga. The nigh-10 MW solar plant, which is expected to... 

Authorities laudably supportive of grid-tied Pan African solar project – coordinator
Photo by Pan African Resources
Elikhulu tailings retreatment plant at Evander, in Mpumalanga.

AngloGold reinstates guidance on growing certainty 

By: Martin Creamer     21st September 2020 Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the... 

AngloGold reinstates guidance on growing certainty
AngloGold Ashanti acting CEO Christine Ramon

High Court ruling underscores requirement for mining right applicants to consult community

By: Donna Slater     18th September 2020 A recent High Court ruling underscores the more stringent requirements in recent amendments to the Mineral and Petroleum Resources Development Act (MPRDA) for mining right applicants to consult with community members​, says law firm Webber Wentzel. The firm points out that, on September 11, the... 

Local green methanol synthesis making headway

By: Tracy Hancock     18th September 2020 The Hydrogen South Africa (HySA) Infrastructure Centre of Competence (CoC), co-hosted at the Council for Scientific and Industrial Research (CSIR) and North-West University, is designing a multi-litre-scale green methanol production unit that will be fabricated next year. HySA Infrastructure is... 

Local green methanol synthesis making headway
PROOF OF CONCEPT HySA successfully designed and fabricated a lab-scale green methanol synthesis demonstration unit after it reviewed the techno-economics of producing the chemical

Coal can reignite SA economy

18th September 2020 The Covid-19 pandemic has had a devastating impact on the South African economy, which already had record high unemployment prior to the pandemic; however, the coal-mining sector, could aid the revival of the economy, investment company Menar MD Vuslat Bayoglu stated last month. He was speaking... 

Coal can reignite  SA economy
CANYON OF COAL The Phalanndwa mine is part of Canyon Coal's operations which is a subsidiary of Menar

Banks reluctant to fund coal in Africa

18th September 2020 Despite huge advances in clean coal technologies, an abundance of coal in the South African Development Community (SADC) region and Southern Africa’s vast energy needs, most of South Africa’s major banks, in step with those in the developed West, are assessing their willingness to fund future... 

Banks reluctant to  fund coal in Africa
AUBREY CHAUKE It is a credit to both inclusion and transformation that today 53 fully-operational coal mines exist outside the mining majors in South Africa

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African  

By: Martin Creamer     17th September 2020 What is expected to be South Africa’s least complicated underground gold mine is on the way at Evander, Mpumalanga, in the form of the Egoli gold project. Planning to bring the low-capital quick-return project to life is Pan African Resources, the London-, Johannesburg- and New York-listed... 

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African
Mining Weekly’s Martin Creamer interviews Pan African Resources CEO Cobus Loots. Video: Darlene Creamer.

Solar to provide most of gold plants’ daytime power – Pan African  

By: Martin Creamer     16th September 2020 The 10 MW solar electricity plant that Pan African Resources will construct on site at its Elikhulu gold-from-tailings plant next year at a cost of R150-million will take care of most of Elikhulu’s daytime power requirements. This is the first phase of solar power generation at Evander. Pan... 

Solar to provide most of gold plants’ daytime power – Pan African
Pan African Resources results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Russia considers mineral extraction tax rise, Kremlin says no decision

By: Reuters     16th September 2020 Russia is considering tripling the mineral extraction tax on metals and fertiliser producers as Moscow seeks ways to raise revenues, industry sources told Reuters on Wednesday, although the Kremlin said no decision had yet been taken. The tax rise under review, which would affect firms including... 

Pan African proposes record final dividend as headline earnings surge 

By: Martin Creamer     16th September 2020 Gold mining company Pan African on Wednesday proposed a record final dividend after headline earnings surged 93% and net cash generated by operating activities rose by 42%. Mining Weekly can report that, in the 12 months to June 30, gold produced by the London-, Johannesburg- and New York-listed... 

Pan African proposes record final dividend as headline earnings surge
Photo by Creamer Media
Pan African CEO Cobus Loots

Court order affords interested, affected persons automatic access to mining right applications  

By: Marleny Arnoldi     15th September 2020 The Department of Mineral Resources and Energy (DMRE) has welcomed an order handed down by the High Court in Pretoria related to access to information and how it may be obtained. The court declared that interested and affected parties, as contemplated by the Mineral and Petroleum Resources... 

Platinum’s new sweeter spot elicits multiplicity of optimistic analyst views 

By: Martin Creamer     14th September 2020 The new sweeter spot that platinum group metals has entered drew a multiplicity of mainly optimistic viewpoints from analysts attending the virtual PGM Industry Day. Chaired by business development manager Rand Merchant Bank Henk de Hoop, the viewpoints were provided by Standard Chartered Bank... 

Platinum’s new sweeter spot elicits multiplicity of optimistic analyst views
Photo by Creamer Media
(From left top) Simon Kendall, Patrick Mann, Mandi Dungwa. (From left bottom) Henk de Hoop, Suki Cooper.

Platinum group metals patenting their way into battery EV space 

By: Martin Creamer     14th September 2020 Platinum Group Metals CEO R Michael Jones does not let grass grow under his feet. His parting shot to moderator Bernard Swanepoel at the virtual 2020 PGMs Industry Day last Wednesday was that platinum was on its way into battery electric vehicles as a battery metal. “If you're a great EV... 

Platinum group metals patenting their way into battery EV space
Platinum Group Metals CEO R Michael Jones

Congo says it will reimburse VAT to mining companies after audit

By: Reuters     14th September 2020 Congo said on Saturday it will reimburse value-added tax payments to mining companies operating in the country following an audit to determine how much it owes them, after a backlash over an earlier decision to stop payments. Africa's top copper producer has suspended the VAT on mining imports... 

Hydrogen, platinum fund sets up shop in South Africa with dollars to invest 

By: Martin Creamer     11th September 2020 London-headquartered AP Ventures, an independent venture capital fund focussed on investing in early-stage companies that use or enable the use of platinum group metals (PGMs), has established a presence in South Africa. AP Ventures founding partner Kevin Eggers told this week’s virtual 2020 PGMs... 

Hydrogen, platinum fund sets up shop in South Africa with dollars to invest
Photo by Creamer Media
Top from left, Anton Berlin, Tim Schlick, Kevin Eggers. Bottom from left Benny Oeyen, Matthias Dohrn, Trevor Raymond.

Pandemic puts strain on Zambian mining sector

By: Mc'Kyla Nortje     11th September 2020 Amid the challenges facing the Zambian mining industry, partially because of Covid-19, government has committed to waiving penalties and interest on the late payment of taxes, explains advisory firm KPMG Zambia tax partner Michael Phiri. The Central Bank has also set aside about R9-million, which... 

Pandemic puts strain on Zambian mining sector
MICHAEL PHIRI Should the Covid-19 pandemic continue into 2021/22, a different marketing strategy using information technology solutions would need to be adopted

Complex legislation may hinder investment

By: Mc'Kyla Nortje     11th September 2020 Despite the Zambian government’s programme to diversify the economy – into such sectors as tourism and agriculture – the mining and natural resources sector, particularly the copper mines, remain the most substantial potential contributor to growth and development in Zambia, says law firm Beech... 

Complex legislation may hinder investment
INVESTOR CONVIDENCE The primary concerns for investors in Zambia are the complexities surrounding mining law, constrained infrastructure, as well as unreliable electricity supply

Watch out lithium, platinum's eyeing your battery space, says PTM 

By: Martin Creamer     10th September 2020 Electric vehicles (EVs) are synonymous with lithium and fuel cell electric vehicles (FCEV) are synonymous with platinum group metals (PGMs), but will the twain meet? They certainly will if Toronto- and New York-listed Platinum Group Metals (PTM) CEO R Michael Jones has anything to do with it.... 

Watch out lithium, platinum's eyeing your battery space, says PTM
Photo by Creamer Media
Sandra du Toit and R Michael Jones (top) and Bernard Swanepoel (below).

Platinum has potential to be three-times-bigger $35bn-a-year industry – Minerals Council  

By: Martin Creamer     9th September 2020 Instead of being the $11-billion-a -year type industry that it is today, the platinum business has the potential to be a $35-billion-a-year industry by 2050, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Baxter made this statement in response to a question put to him during a... 

Platinum has potential to be three-times-bigger $35bn-a-year industry – Minerals Council
Minerals Council South Africa CEO Roger Baxter address to PGM Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Promoting hydrogen economy should be No1 priority – RBPlat’s Phiri 

By: Martin Creamer     9th September 2020 Promoting the hydrogen economy should be South Africa’s number one priority, Royal Bafokeng Platinum CEO Steve Phiri said on Wednesday. Speaking during a panel discussion on the current state of the platinum group metals industry at the virtual 2020 PGMs Industry Day, Phiri said that this... 

Promoting hydrogen economy should be No1 priority – RBPlat’s Phiri
Photo by Creamer Media
Steve Phiri, Andries Rossouw (from left top) and Natascha Viljoen, Nico Muller (from left bottom)

Prize potentially large in platinum fuel cell and hydrogen growth – prof   

By: Martin Creamer     8th September 2020 Significant growth in fuel cells and hydrogen is now almost certain and the prize for South Africa remains potentially large. That is the view of E4tech director Professor Dr David Hart of Switzerland, expressed in an address to a fuel cell webinar hosted by Nedbank CIB on Tuesday. (Also watch... 

Prize potentially large in platinum fuel cell and hydrogen growth – prof
Nedbank CIB fuel cell webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Hydrogen economy elevating platinum as store-of-value precious metal – WPIC

By: Martin Creamer     8th September 2020 The hydrogen economy is elevating platinum as a precious metal with long-term store of value, the World Platinum Investment Council (WPIC) said today. The latest edition of WPIC’s Platinum Quarterly states that an evolving global sea-change in the environment debate may also be at play in... 

Hydrogen economy elevating platinum as store-of-value precious metal – WPIC
Green hydrogen in approved country strategies.

Low-priced platinum outperforming gold as investor sentiment turns positive – WPIC

By: Martin Creamer     8th September 2020 Gold grabs the headlines and platinum less so but it is interesting to note that the platinum price has surged by a far bigger percentage than gold. Increased global risk due to the Covid-19 pandemic has driven strong investor demand for gold as a risk hedge, with gold ETF holdings up over 20%,... 

Low-priced platinum outperforming gold as investor sentiment turns positive – WPIC
WPIC's Trevor Raymond

Qld's mining amendments take effect

By: Esmarie Iannucci     7th September 2020 The Queensland government has announced new mining reforms aimed at encouraging investment in the sector. Mines Minister Dr Anthony Lynham on Monday said that under the Mineral and Energy Resources and Other Legislation Amendment Act 2020, the government has introduced measures to strengthen the... 

Implats ups capex guidance to R6bn-plus for new financial year 

By: Martin Creamer     4th September 2020 Platinum group metals mining and marketing company Implats, which generated free cash flow of R14.4-billion in the 12 months to June30, is forecasting capital expenditure (capex) of between R6-billion and R6.8-billion in the new 2021 financial year. This is well up on the capex of R4.5-billion in... 

Implats ups capex guidance to R6bn-plus for new financial year
Impala Platinum 16 Shaft prioritised for ramp up.

QRC calls for royalty stability

4th September 2020 The Queensland Resources Council (QRC) has again called on the state government to commit to a decade of royalty rate stability in order to foster investment in the sector post Covid-19. The industry has also called on the government to “dramatically improve” its regulatory processes and cut... 

Company patents extraction method

4th September 2020 Canadian-listed rare earth clean technologies developer Geomega Resources’ patent application US15/578,498 titled, ‘A system and a method for metallurgical extraction of rare earth elements (REE) and niobium’, was approved by the United States Patent and Trademark Office in June. 

Company patents extraction method
IT IS CHEMICAL A total of 58 kg of regenerated HCl is to be used per metric ton of ore to extract REE and niobium

Challenges remain as industry forges ahead with transformation

By: Mamaili Mamaila     4th September 2020 It is important to acknowledge that the regulatory environment for local mining companies has been instrumental in progressing transformation and inclusion of women in the mining sector, integrated resources business Lurco Group says. 

Challenges remain as industry forges ahead with transformation
Photo by Lurco Group
LEE STOKES It is important for us to note that there still are industry barriers that affect the advancement of women in mining

Lagging platinum being actively promoted – Implats  

By: Martin Creamer     3rd September 2020 Demand for platinum, the price laggard of the high-flying platinum group metals basket, is being actively promoted on several fronts, Implats reported on Thursday. Following the company’s presentation of stellar cash-generating and dividend-yielding financial results, which featured a gross... 

Lagging platinum being actively promoted – Implats
Implats virtual results presentation covered by Mining Weekly’s Martin Creamer. Video: Kelly Creamer and Darlene Creamer.

Gross profit of cash-gushing Implats soars 240%, cash dividend declared

By: Martin Creamer     3rd September 2020 Platinum group metals (PGMs) mining and marketing company Implats on Thursday posted record headline earnings on the back of solid operational performances and record sales revenues – despite the considerable impact of Covid-19 – for its full year to June 30. The group, headed by CEO Nico... 

Gross profit of cash-gushing Implats soars 240%, cash dividend declared
Implats CEO Nico Muller

Bushveld advances electrolyte, solar, mini-grid projects 

By: Martin Creamer     2nd September 2020 London-listed integrated primary vanadium producer and energy storage provider, Bushveld Minerals, the owner of assets in South Africa, on Wednesday reported progress with the group’s electrolyte plant, solar and mini-grid power project. Bushveld Energy intends devising self-generation options... 

Bushveld advances electrolyte, solar, mini-grid projects
Photo by Creamer Media
Bushveld Minerals CEO Fortune Mojapelo

South Africa’s green revolution gathering momentum 

2nd September 2020 The Covid-19 pandemic has presented countries around the world with immense challenges, as the impact of the virus has affected every aspect of everyday life as we know it, write Dr Cosmas Chiteme, Dr Rebecca Maserumule and Prof Dmitri Bessarabov. (Chiteme and Maserumule are senior managers at... 

South Africa’s green revolution gathering momentum
Hydrogen fuel and containerised fuel cell installations at One Military Hospital in Pretoria.

Joburg’s political legacy mine dumps should come down to cut commute time – DRDGold  

By: Martin Creamer     1st September 2020 South Africa Inc should be doing much more to incentivise the recovery of precious metals from tailings dams for sound societal and environmental reasons that could free Johannesburg of its artificial ‘Berlin Wall’-type political legacy barriers that tilt commute times unfairly and block new-era... 

Joburg’s political legacy mine dumps should come down to cut commute time – DRDGold
DRDGold CEO Niël Pretorius talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Cash-gushing DRDGold declares dividend on fourfold rise in operating profit 

By: Martin Creamer     1st September 2020 Surface gold mining company DRDGold on Tuesday declared its thirteenth successive-year dividend distribution on a fourfold-plus increase in group operating profit of R1 562.1-million, a sevenfold-plus headline earnings surge and rocketing market capitalisation. Free cashflow was R926.4-million... 

Cash-gushing DRDGold declares dividend on fourfold rise in operating profit
DRDGold CEO Niël Pretorius

South Africa must link tax laws to job creation, says ARM’s Motsepe   

By: Martin Creamer     31st August 2020 The private sector worldwide is the engine for job creation, in partnership with trade union organisations, government and communities, and South Africa must link its tax legislation to job creation. That is the view African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe... 

South Africa must link tax laws to job creation, says ARM’s Motsepe
African Rainbow Minerals executive chairperson Dr Patrice Motsepe responds to Mining Weekly’s Martin Creamer on attracting mining investment. Video: Darlene Creamer.
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