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Precious metal refiners face new LBMA environmental standard

By: Martin Creamer 7th February 2019 The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations. →

Transnet promises to ramp up efficiency

By: Kim Cloete 6th February 2019 Transnet has promised to deal with corruption and step up efficiency around its operations, which have taken a heavy knock over the past few years. “Over the past ten years, we have injected capital of R42-billion into the network side. Yet the scale of the network is worse today than it was ten... →

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Transnet acting CEO Tau Morwe

Junior mining fund under discussion – Minerals Council

By: Martin Creamer 6th February 2019 A government-initiated fund for prospectors and developers is under discussion with the Public Investment Corporation and the Industrial Development Corporation, Minerals Council South Africa emerging mining head Grant Mitchell said on Wednesday. Speaking at a media conference at the Investment... →

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Minerals Council executive Tebello Chabana

Ethiopia finalising mining industry reforms – minister

By: Reuters 6th February 2019 Ethiopia will finalise reforms for its underdeveloped mining and oil sectors within the next two months as it seeks to encourage more foreign investors, its mines and petroleum minister said on Tuesday. The country has already cut taxes for mining companies in recent years but the government... →

Bushveld Minerals hopes to list in Johannesburg by Q3

By: Reuters 6th February 2019 London-listed Bushveld Minerals , which has vanadium mines in South Africa, said on Tuesday it planned a to list on the Johannesburg Stock Exchange by the third quarter of this year. Bushveld Minerals, which has vanadium operations in South African and coal operations in Madagascar, said the... →

Congo 2018 copper output up 12.9% to 1.2Mt – Chamber of Commerce

By: Reuters 6th February 2019 Copper production in Democratic Republic of Congo, Africa's top producer, rose 12.9% in 2018 to 1.2-million tonnes, the Chamber of Commerce said in a presentation on Wednesday. Output of cobalt, a key component of electric car batteries, rose 43.8% to 106 439 t, while gold production increased by... →

Angola's Endiama sees diamond output rising to 13.8 Mct by 2022

By: Reuters 6th February 2019 Angola's State-owned diamond firm Endiama sees production rising to 13.8-million carats in 2022 compared with 9.5-million carats forecast for this year, a senior official said on Wednesday. Production in 2018 was 9.4-million carats, Endiama's director of geology, Kapingana Mandavela, told an... →

Minerals Council’s national platinum strategy targets real potential

By: Martin Creamer 6th February 2019 Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050. Speaking at a media conference at Investing in African Mining Indaba on Wednesday, Minerals Council CEO Roger... →

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Minerals Council CEO Roger Baxter

Working together can deliver mining’s massive benefits – Friedland

By: Martin Creamer 6th February 2019 Mining can and will deliver massive benefits if all stakeholders work together, Ivanhoe Mines executive co-chairperson and founder Robert Friedland said on Wednesday Speaking on the third day of the Investing in African Mining Indaba, he outlined the huge potential of collaborative government,... →

Ivanhoe Mines executive co-chairperson and founder Robert Friedland speaks about the winds of change blowing in South Africa and the DRC and the benefits mining companies, African governments and communities can reap if all parties work together. Video and editing: Nicholas Boyd.

Minerals Council welcomes President’s statements at Mining Indaba

By: Tasneem Bulbulia 6th February 2019 The Minerals Council South Africa has welcomed the statements made by President Cyril Ramaphosa during his address at the Investing in African Mining Indaba, in Cape Town, on Tuesday. The Minerals Council said the President had, throughout his address, echoed the sentiments expressed by Mineral... →

De Beers to spend R30m on diamond exploration this year

By: Martin Creamer 6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... →

DBCM MD Phillip Barton speaks to Martin Creamer about the company's exploration programme in South Africa, as well as the company's plans for its Venetia mine. Video and editing: Nicholas Boyd.

Obuasi mine to be an engine of growth for AngloGold, says CEO

By: Kim Cloete 6th February 2019 AngloGold Ashanti CEO Kelvin Dushnisky is very upbeat about developing its Obuasi gold mine, in Ghana, and has described it as being "in a class of its own on a number of metrics". “It will be an engine of growth for this company. You need big, chunky engines of growth which, year after year,... →

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AngloGold Ashanti CEO Kelvin Dushnisky

Sanedi ready to support the mining industry in energy efficiency

By: Kim Cloete 6th February 2019 The mining sector has been encouraged to use more renewable energy and tighten up on energy efficiency, with the support of the South African National Energy Development Institute (Sanedi). Energy Minister Jeff Radebe said the mining industry would need innovative and novel solutions to reduce... →

Ramaphosa challenges mining to take ten value-adding steps

By: Martin Creamer 5th February 2019 President Cyril Ramaphosa on Tuesday challenged the mining industry to take ten value-adding steps to hoist the industry into a potent new orbit across the entire continent. Addressing the Investing in African Mining Indaba, the president said he wished to issue a challenge against the background... →

President Cyril Ramaphosa outlines ten value-adding steps for the mining industry at the 2019 edition of the African Mining Indaba in Cape Town. Camera Work & Editing: Nicholas Boyd. Recorded: 5.2.2019.

SA mining is a sunrise industry – Ramaphosa

By: African News Agency 5th February 2019 President Cyril Ramaphosa said on Tuesday that the mining industry in South Africa is not a sunset industry, rather it is a sunrise industry. Speaking on the second day on the 25th annual Investing in African Mining Indaba in Cape Town, Ramaphosa said government recognised the important role... →

President Cyril Ramaphosa

Industry ready to improve CSI programmes in mining communities

By: African News Agency 5th February 2019 The Minerals Council South Africa said on Tuesday it was working to improve relationships between mines and communities, and to improve the developmental outcomes of companies' corporate social investment programmes. Minerals Council senior executive for public affairs and transformation, Tebello... →

Corruption over the past years crippled mining sector – Minerals Council

By: African News Agency 5th February 2019 The damage that was done to South Africa's economy over the past nine years before Cyril Ramaphosa became President has had huge impact on the investability of the mining sector, Minerals Council of South Africa CEO Roger Baxter said on Tuesday. "A year ago we arrived in Cape Town for the 2018... →

Barrick’s Bristow calls for a mindset change in the gold industry

By: Kim Cloete 5th February 2019 Mark Bristow, the president and CEO of gold producer Barrick Gold has accused mining companies, investors and host countries of succumbing to the desire of instant gratification and for not investing deeply in the industry. He called for a mindset change in an industry that has been plagued with... →

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Barrick Gold president and CEO Mark Bristow

Time to make Africa prosperous – Ghana President

By: Martin Creamer 5th February 2019 It is time for Africa to make itself and its people prosperous by making use of mineral resources and modern technology to create a new world shorn of greed and cupidity, Ghana President Nana Akufo-Addo said on Tuesday. In an opening address on the second day of the Investing in African Mining... →

Ghana President Nana Akufo-Addo tells mining companies what they can expect when investing in Ghana. Video and editing: Nicholas Boyd.

Expect some tough announcements on Eskom soon – Davies

By: News24Wire 5th February 2019 Eskom is in deep trouble financially and operationally and South Africa is facing enormous challenges in the electricity industry, Minister of Trade and Industry Rob Davies said on Tuesday. Davies was a guest speaker at a round table discussion hosted by the Department of Trade and Industry on... →

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Trade and Industry Minister Rob Davies

Ford engages the mining sector on the road to more EVs

By: Kim Cloete 5th February 2019 Ford is quickening its pace towards the mass production of electric vehicles (EVs) and researching how the mining industry can help it to achieve its goals. “There are tremendous investments taking place at every level to achieve this radical revolution in the automotive industry,” Ford energy... →

Zambia will enforce copper import tax – mining minister

By: Reuters 5th February 2019 Zambia is determined to enforce a new 5 percent copper import duty, as part of a plan to keep a greater share of mineral resource profits for the country and tackle its debt, Mining Minister Richard Musukwa said. Musukwa was speaking on the sidelines of the Indaba mining conference in Cape Town,... →

Partnerships central to the Investing in African Mining Indaba

By: Kim Cloete 4th February 2019 Mutually beneficial partnerships are at the heart of the Investing in African Mining Indaba, in Cape Town, this year, which has grown from a conference attended by a few hundred attendees to around 4 000 in its twenty-fifth anniversary year this year. “The mining industry is in a position to make... →

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state

By: Kim Cloete 4th February 2019 Mining and metals company South32 says it is concerned about the challenges that have increasingly threatened the stability of South African power utility Eskom and needs to ensure the continuity of supply of its coal to Eskom in the long run. South32’s South Africa Energy Coal (SAEC) company... →

Globally diversified mining and metals company, South32, says it is concerned about the challenges that have increasingly threatened the stability of Eskom. Video and editing: Nicholas Boyd

Eskom lays bare its monumental challenges

By: Martin Creamer 4th February 2019 When Eskom had 32 000 employees, debt of R40-billion and an output of 40 000 MW, it was a world-beater, Eskom group CE Phakamani Hadebe said on Monday. But its current employee level of 47 000 employees, debt of R440-billion and output of only 38 000 MW are presenting major turn-around challenges. →

Mantashe calls for mining investment amid renewed regulatory certainty

By: Kim Cloete 4th February 2019 Mineral Resources Minister Gwede Mantashe has assured investors it is safe and stable to invest in the South African mining industry, with the return of regulatory certainty and a revised Mining Charter. “There was a lot of policy and regulatory uncertainty for the better part of last year. We... →

Mineral Resources Minister Gwede Mantashe says the revised Mining Charter and regulatory certainty should encourage people to invest in South Africa's mining sector. Camera work and editing: Nicholas Boyd.

Call made for better connection with mining communities, stable regulation

By: Kim Cloete 4th February 2019 Stakeholders in the mining industry have called for stable regulation and agreed that there needs to be more collaboration and communication between mining houses, communities and mineworkers. Anglo American CEO Mark Cutifani told the Investing in African Mining Indaba in Cape Town that mining... →

Innovation mining’s biggest challenge – Anglo

By: Martin Creamer 4th February 2019 The world is standing on the brink of a technological revolution that will result in transformation unlike anything human kind has experienced before, which is making innovation mining’s biggest challenge. “In the next five years, it’s about major step changes in innovation,” Anglo American CEO... →

Anglo American corporate relations director Anik Michaud discusses the group's sustainability strategy, while CEO Mark Cutifani talks about the group's plans for innovation over the next five years. Video and editing: Nicholas Boyd.

Minerals Council reports mining industry’s 2018 successes

By: Tasneem Bulbulia 4th February 2019 South Africa’s mining industry contributed R356-billion to the country’s gross domestic product (GDP) in 2018, an increase on the R335-billion contribution in 2017, the Minerals Council South Africa ‘Facts and Figures 2018 Pocketbook’ shows. The pocketbook, which was released on Monday during a... →

Mining green shoots sprouting – Minerals Council

By: Martin Creamer 4th February 2019 Green shoots are sprouting in South Africa’s mining sector, which is readying for new take off, Minerals Council South Africa CEO Roger Baxter said on Monday. In a briefing on the State of the Mining Nation on the sidelines of the opening day of the Investing in African Mining Indaba, Baxter told... →

Minerals Council CEO Roger Baxter

Mining 'walking into a brighter future' – Makwana

By: Martin Creamer 4th February 2019 Mining was walking into a brighter future and the appetite for mining investment was strengthening, attendees of the Investing in African Mining Indaba heard on Monday. Opening the 25th consecutive Investing in African Mining Indaba Cape Town, attention was drawn to stepped up investment in... →

Mining Indaba MD Alex Grose and Mining Indaba advisory board chairperson Mpho Makwana discuss trends in the mining industry and what is to be expected from this year's Mining Indaba. Video and editing: Nicholas Boyd.

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