https://www.miningweekly.com
R/€ = 19.15 Change: 0.01
R/$ = 16.95 Change: 0.05
Au 1773.74 $/oz Change: -1.56
Pt 809.43 $/oz Change: -5.62
 

Legislative Environment News

'Green’ is king as ESG sweeps through mining world – DRDGold  

By: Martin Creamer     12th February 2020 Community members are being recruited to vegetate Johannesburg’s gold mine dumps as part of a dust suppression, environmental protection and ‘green’ imperative, DRDGold CEO Niël Pretorius said on Wednesday. In presenting a stupendously successful set of half-year results that saw operating profit... 

DRDGold cock-a-hoop on ‘wonderful’ gold performance  

By: Martin Creamer     12th February 2020 Surface gold-mining company DRDGold is cock-a-hoop over its half-year performance, which saw it produce 3 t of gold from waste dumps on the East Rand and the West Rand in the six months to December 31. But the company is also continuing to work intently on tracking down the gang of armed robbers... 

DRDGold cock-a-hoop on ‘wonderful’ gold performance
DRDGold CFO Riaan Davel interviewed by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala. Photographs: Donna Slater.

DRDGold hits dividend high spot

By: Martin Creamer     12th February 2020 Surface gold mining company DRD Gold has hit the dividend high spots by extending its dividend declarations to the thirteenth consecutive year. The company, headed by CEO Niël Pretorius, has declared a dividend of 25c a share for the six months ended December, which follows a six-fold increase in... 

DRDGold hits dividend high spot
Photo by Creamer Media
Niël Pretorius

Another step forward for world’s largest hydrogen truck at Mogalakwena

By: Martin Creamer     12th February 2020 Development of the world’s largest hydrogen-powered mine truck took another step forward this week. Autocar reports that Anglo American has engaged Williams Advanced Engineering to  help develop the new fuel cell electric vehicle that will be put through its paces at South Africa’s Mogalakwena... 

Another step forward for world’s largest hydrogen truck at Mogalakwena
Platinum group metals helping to fight climate change.

Harmony Gold decries attacks on gold plants  

By: Martin Creamer     11th February 2020 The spate of violent attacks on gold smelting plants is of great  concern, Harmony Gold CEO Peter Steenkamp said on Tuesday. There were 19 attacks on gold facilities last year in which two security personnel were murdered, according to Minerals Council South Africa. (Also watch attached Creamer... 

Harmony Gold decries attacks on gold plants
Harmony Gold CEO Peter Steenkamp interviewed by Mining Weekly’s Martin Creamer. Video & Video Editing: Darlene Creamer. Photograph: Donna Slater.

Harmony Gold poised to reduce debt significantly 

By: Martin Creamer     11th February 2020 Gold mining company Harmony expects to reduce debt significantly in the next 18 months to two years, outgoing financial director Frank Abbott said on Tuesday. The net debt position of the Johannesburg- and New York-listed company as at December 31 was R4 290-milllion, a decrease of R632-million... 

Harmony Gold poised to reduce debt significantly
Harmony Gold half-year presentation reported on by Mining Weekly’s Martin Creamer. Video & Video Editing: Darlene Creamer. Photograph: Donna Slater

Harmony Gold expects to have 30 MW solar plant year from now  

By: Martin Creamer     11th February 2020 Gold mining company Harmony expects to have a 30 MW solar power plant running in a year from now, provided all regulatory obstacles are removed. The company is also in discussion with Eskom to alleviate the impact of load-shedding. Harmony CEO Peter Steenkamp said during a media conference... 

Harmony Gold expects to have 30 MW solar plant year from now
Harmony Gold half-year presentation reported on by Mining Weekly’s Martin Creamer. Video & Video Editing: Darlene Creamer. Photograph: Donna Slater.

Wafi-Golpu discussions in Papua New Guinea to restart – Harmony 

By: Martin Creamer     11th February 2020 Discussions with the Papua New Guinea government on the special mining lease for the Wafi-Golpu Project are to be recommenced, Harmony Gold said on Tuesday. The resumption of the discussions comes a year after support for a memorandum of understanding (MOU), signed between the State of Papua New... 

Wafi-Golpu discussions in Papua New Guinea to restart – Harmony
Harmony Gold half-year presentation reported on by Mining Weekly’s Martin Creamer. Video & Video Editing: Darlene Creamer. Photograph: Donna Slater

Tanzanians launch human rights abuses claim against Barrick

By: Marleny Arnoldi     11th February 2020 A group of seven Tanzanian human rights victims has launched a legal claim at the British High Court against a subsidiary of Canadian mining company Barrick Gold. The claimants allege that they have been seriously abused by security forces employed at Barrick’s North Mara gold mine, in... 

PGMs to play ever increasing roles in greener, cleaner world – Anglo Platinum 

By: Martin Creamer     10th February 2020 Platinum group metals (PGMs) mining company Anglo American Platinum is convinced that PGMs are poised to play increasingly significant roles in a greener, cleaner world, driven by favourable new opportunities presented by societal megatrends. Anglo American Platinum CEO Chris Griffith, who... 

PGMs to play ever increasing roles in greener, cleaner world – Anglo Platinum
The number of indirect jobs totals 90 000

De Beers Group’s ‘make life brilliant’ fostering best-in-class mining 

By: Martin Creamer     7th February 2020 De Beers Group Managed Operations MD responsible for South Africa and Canada, Nompumelelo (Mpumi) Zikalala, spoke to Mining Weekly this week about the highlights and one lowlight of her first nine months in office. 

De Beers Group’s ‘make life brilliant’ fostering best-in-class mining
Photo by Creamer Media
Nompumelelo (Mpumi) Zikalala,

Implats focuses on diversity, debt reduction

By: Cameron Mackay     7th February 2020 Platinum-group metals (PGMs) miner Impala Platinum Holdings Limited (Implats) is focused on mitigating the challenges of a constrained local economy through the diversification of its portfolio, debt reduction and investment in market development, as well as increasing community support. “The... 

Implats focuses on diversity, debt reduction
IDEAL SUPPLY ACQUISITION Implats’ ore from the Merensky and UG2 Reefs and the Great Dyke Reef will now be supplemented with strong palladium exposure from Impala Canada

Budget deficit reflects mining decline in DRC

By: Halima Frost     7th February 2020 Macroeconomic researcher Fitch Solutions expects that the Congolese budget deficit will widen from an estimated 0.7% of gross domestic product in 2019 to 1.1% in 2020, owing to declining revenues from the mining sector. The Congolese mining sector has a major bearing on government revenues,... 

Budget deficit reflects mining decline in DRC
DARK DAYS The mining industry in the Democratic Republic of Congo has experienced some dark times over the last few years

Microjobbing platform allows for direct mining community development

By: Schalk Burger     7th February 2020 Microjobbing platform Money4Jam (M4Jam) has enabled a mine to more deeply and substantively engage with its surrounding communities by providing them with direct employment opportunities and helping to develop local suppliers, says M4Jam CEO Georgie Midgley. The impact of the six-month trial is... 

Microjobbing platform allows for direct mining community development
GEORGIE MIDGLEY M4Jam provides work opportunities and experience, and bridges the gap between small and large businesses

Cobalt demand drives illegal trade

By: Halima Frost     7th February 2020 Increased global demand for cobalt is spurring mining activity in the Democratic Republic of Congo (DRC), specifically illegal and artisanal operations. The southern point of the DRC is reported to contain about two-thirds of the world’s natural cobalt reserves. 

Cobalt demand drives illegal trade
IN THE TRENCHES Dire living and working conditions found in the Democratic Republic of Congo drive the artisanal and illegal mining sector

Land agreement in motion for cobalt producer

By: Halima Frost     7th February 2020 Katanga Mining, the Glencore subsidiary that operates in the Democratic Republic of Congo (DRC) has, as reported by Mining Weekly Online last month, reached an agreement to acquire land where it could build a new long-term tailings facility for its 75%-owned Kamoto Copper Company (KCC) operation.... 

Palladium, rhodium prospects strong

By: Cameron Mackay     7th February 2020 While palladium and rhodium prices increased last year and continue to do so this year, prices are expected to stabilise and decrease once political factors and tension in the global economy decline. Despite this, international commodities consultancy Core Consultants MD Lara Smith notes that the... 

Palladium, rhodium prospects strong
SUPPLY CONSTRAINTS The main local PGM supply risk comes from Eskom’s power supply shortages, and mine closures on the Bushveld Complex where shafts have reached their end-of-life

Video: Venkat, Bristow enourage miners, govts to take a long-term view 

By: Creamer Media Reporter      6th February 2020 Mining companies and host governments have been urged to take a long-term view when investing in the natural resources sector in Africa. In a panel discussion on why investors should consider investing in Africa, Vedanta Resources CEO Srinivasan Venkatakrishnan (Venkat) highlighted the... 

Video: Venkat, Bristow enourage miners, govts to take a long-term view
Mining executives discuss the benefits of investing in Africa's mining sector and the impediments holding back the success of projects. Video and editing: Nicholas Boyd.

Canada’s $97bn mining industry has room for improvement, MAC says

By: Mariaan Webb     5th February 2020 While the prospects for Canadian investment and the attractiveness for new mine investment are brighter, certain competitiveness metrics remain depressed, highlighting the need for improvements if the country’s mining industry is to reach its full potential. The Mining Association of Canada (MAC)... 

Canada’s $97bn mining industry has room for improvement, MAC says

Speedier Brazil exploration approvals to draw capital - mining lobby

By: Reuters     5th February 2020 Brazilian mining lobby group Ibram on Tuesday praised a government decision to speed up approvals for mining exploration, saying it would bring more investment to the sector. Brazil's National Mining Agency (ANM) on Monday published new rules that set deadlines for carrying out a variety of... 

Government promises to cut red tape for investors  

By: Kim Cloete     4th February 2020 The South African government has promised investors that it is fully committed to making it easier and cheaper to do business through streamlining processes and licence applications. Dr Kgosientso Ramokgopa, who heads up South Africa’s new Investment Infrastructure Office, said he was advocating... 

Government promises to cut red tape for investors
Dr Kgosientso Ramokgopa

Mining execs could face manslaughter charges in Queensland

By: Esmarie Iannucci     4th February 2020 Queensland Mines Minister Dr Anthony Lynham on Tuesday introduced legislation into Parliament that could see mining executive face up to 20 years in jail if Queensland mine and quarry workers die as a result of criminal negligence. “It is totally unacceptable that workers continue to die in our... 

Mining execs could face manslaughter charges in Queensland

Minister keen to get generation outside of Eskom going soonest  

By: Martin Creamer     3rd February 2020 Mineral Resources and Energy Minister Gwede Mantashe is keen to get electricity generation going outside of Eskom as fast as possible with a view to creating a competitive environment that will lower the cost of electricity. Speaking at a media conference at the Investing in African Mining... 

Minister keen to get generation outside of Eskom going soonest
Photo by Creamer Media's Dylan Slater
Mineral Resources and Energy Minister Gwede Mantashe

Video: Minerals Council chairperson Mgojo talks about electricity self-generation 

By: Creamer Media Reporter      3rd February 2020 Minerals Council South Africa chairperson Mxolisi Mgojo on Monday told delegates and media attending the Investing in African Mining Indaba 2020, in Cape Town, that the council had been speaking to the National Energy Regulator of South Africa, the Department of Mineral Resources and Energy and... 

Video: Minerals Council chairperson Mgojo talks about electricity self-generation
Minerals Council South Africa chairperson Mxolisi Mgojo discusses electricity self-generation at the 2010 Investing in African Mining Indaba. Video and editing: Creamer Media's Nicholas Boyd.

Video: Baxter discusses mining industry's electricity self-generation plan 

By: Creamer Media Reporter      3rd February 2020 Minerals Council South Africa CEO Roger Baxter on Monday stressed that the reliability of electricity supply was critical for the mining industry. This followed an announcement by Mineral Resources and Energy Minister Gwede Mantashe earlier in the day that government would make it easier for... 

Video: Baxter discusses mining industry's electricity self-generation plan
During a media briefing held at the Investing in African Mining Indaba 2020, in Cape Town, on Monday, Minerals Council South Africa CEO Roger Baxter spoke about how mining companies were seeking reliable electricity supply. Video and editing: Nicholas Boyd.

Mantashe eases constraints on mining companies' ability to generate own electricity   

By: Kim Cloete     3rd February 2020 Mineral Resources and Energy Minister Gwede Mantashe has assured mining companies in South Africa they will be able to generate their own energy to counter severe energy constraints. He also on Monday announced that government would be talking to investors about establishing a generating company... 

Mantashe eases constraints on mining companies' ability to generate own electricity
Minister of Mineral Resources and Energy, Gwede Mantashe, says mining companies will be able to generate their own energy in the light of severe energy constraints. The announcement was received with great applause by thousands of delegates to the Investing in African Mining Indaba in Cape Town. Video and editing: Nicholas Boyd.

EU conflict minerals legislation set to strengthen

By: Simone Liedtke     3rd February 2020 The European Union’s (EU’s) new conflict minerals regulation is due to come into force on January 1, 2021, almost four years after the text of the legislation was initially published in May 2017. Law firm Fieldfisher partners Laurent Ruessman, Jonathan Brooks and Andrew Hood say the new... 

EU conflict minerals legislation set to strengthen

Indian mining leases too small to be sustainable – FIMI

By: Ajoy K Das     31st January 2020 The size distribution of mining leases in India are so small that these neither sustainable, nor mined scientifically, according to Federation of Indian Mineral Industries (FIMI). According to data provided in a FIMI report, on March 31, 2017, there were 4 128 mining leases of major minerals... 

Seabed mining faces major challenges

By: Rebecca Campbell     31st January 2020 Data analytics and consultancy company GlobalData has warned that deep ocean mining faces serious difficulties. In a report it issued recently, it warned that attempts to mine the seabed at such depths were both technically difficult and controversial.  

Mines required to provide suitable housing for mineworkers

31st January 2020 Surface mining industry body Aggregate and Sand Producers Association of South Africa (Aspasa) has called for further engagement with the Department of Mineral Resources and Energy (DMRE) following last year’s release of the Draft Review of Housing and Living Conditions Standard, which requires... 

Mines required to provide suitable housing for mineworkers
CHALLENGING TIMES Smaller mines with turnovers of between R2-million and R150-million are challenged in meeting housing demands by their financial position

Defunct mines prompt government to address mine closure

By: Khutso Maphatsoe     31st January 2020 Of the numerous mines in South Africa that have closed down, those which are now ownerless have become the responsibility of the State. This means that the State is responsible for the environmental- and other closure- related liabilities, says law firm Eversheds Sutherland Mining and... 

Defunct mines prompt government to address mine closure
Photo by Bloomberg
The State is responsible for the environmental- and other closure- related liabilities for ownerless mines

Minister publishes Draft Mine Community Resettlement Guidelines 2019

31st January 2020 Mineral Resources and Energy Minister Gwede Mantashe published the 2019 Draft Mine Community Resettlement Guidelines (Draft Resettlement Guidelines) for public comment on December 4. As the public comment period ran over the festive season, the closing date for submission of written... 

Resettlement guidelines aim to instil formal processes, consistency

By: Khutso Maphatsoe     31st January 2020 Companies and industry stakeholders have until January 31, 2020, to submit commentary on the Draft Mine Community Resettlement Guidelines (Draft Resettlement Guidelines), which were published for public comment on December 4, 2019, by Mineral Resources and Energy Minister Gwede Mantashe. While... 

Resettlement guidelines aim to instil formal processes, consistency
Photo by Bloomberg
REDRESS FOR COMMUNITIES The guidelines outline the processes that must be adhere to, if the mining right results in physical resettlement of landowners, holders of informal and communal land rights, and other affected parties

Policy certainty, load-shedding and illegal mining top of mind ahead of the Mining Indaba

By: Simone Liedtke     30th January 2020 With mining considered to be in an endless state of uncertainty in South Africa, EY Africa director and partner Khethiwe Cebekulu has named four key areas that need to be addressed by the Mineral Resources and Energy Minister Gwede Mantashe at the Investing in African Mining Indaba next week.... 

Renewed call for artisanal mining in South Africa to be formalised  

By: Simone Liedtke     30th January 2020 There has been a renewed call for government to support formalising the country’s artisanal mining sector in efforts to address challenges including unemployment, as well as health and environmental challenges experienced in former and current mining areas. This was expressed in a report, titled... 

Renewed call for artisanal mining in South Africa to be formalised

Ministry pushes for uniform natural gas tax regime in Indian Budget

By: Ajoy K Das     30th January 2020 India’s Petroleum and Natural Gas Ministry is making a renewed bid to get natural gas, petroleum and allied products included in goods and services tax (GST) in the national Budget to be placed by the Finance Ministry before Parliament on February 1. When GST was introduced in July 2017, 17... 

Investors urge drillers, miners not to take advantage of Trump environmental rollbacks

By: Reuters     29th January 2020 A group of US institutional investors urged energy, timber and mining companies on Wednesday not to take advantage of Trump administration rollbacks of environmental regulations, such as moving operations into public lands that are being opened up. The investors representing nearly $113-billion... 

Congolese demand compensation in UK corruption investigation

By: Bloomberg     29th January 2020 A group of Democratic Republic of Congo citizens asked the UK’s Serious Fraud Office (SFO) to recognise them as victims in its investigation of alleged corruption by Kazakh mining company Eurasian Natural Resources Corporation (ENRC). The 16 Congolese say they lost jobs, healthcare and community... 

6 7 8 9
10
11 12 13 14

Latest News

more

Latest Videos

more

 

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now