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Blasts at ancient Aboriginal site expose widening ESG frontline

By: Bloomberg     3rd June 2020 Explosions that damaged a 40 000-year-old Aboriginal heritage site at a Rio Tinto Group iron-ore mine in Australia are focusing investor concern on the growing reputational risk companies face from social issues, widening the advocacy battlefront beyond climate change and governance. The world’s... 

Mining industry well prepared to tackle Covid-19 with new, existing protocols 

By: Donna Slater     29th May 2020 The South African mining industry is, generally, well prepared to deal with the return to work of a large percentage of staff as lockdown Alert Levels move from Level 4 to Level 3 on June 1, reports the Minerals Council South Africa. The council noted in its second weekly Covid-19 update... 

Katoro to consider potential funding offers

By: Tasneem Bulbulia     29th May 2020 Aim-listed Katoro Gold notes that the recent positive announcement by the Blyvoor joint venture (JV) project’s gold tailing scoping study has resulted in a significant increase in interest from potential funders who may provide the necessary financing to support the construction and development... 

Resuming operations safely post COVID-19

By: Creamer Media Reporter      27th May 2020 Worksafe steps for organisations to protect their people and avoid the legal consequences of getting it wrong As the return to the ‘new normal’ workplace starts to become the focus for many organisations as lockdown measures relax, International SOS urges businesses to make sure that the return... 

New Century takes aim at Vale Goro nickel/cobalt mine

By: Esmarie Iannucci     26th May 2020 Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia. Vale said on Tuesday that the negotiations... 

ELB shareholders vote in favour of Australian business disposal

By: Marleny Arnoldi     26th May 2020 JSE-listed capital equipment and solutions provider ELB Group will proceed with selling its Australian business, after a majority of shareholders voting in favour of the disposal. The company hosted a general meeting on May 25 for shareholders to vote on the proposed disposal of ELB Australia.  

Australia’s Fortescue ups stake in Candente Copper

By: Mariaan Webb     22nd May 2020 Australian iron-ore major Fortescue Metals has made another C$1.38-million investment in TSX-listed Candente Copper, upping its interest to 19.92%. Through wholly owned subsidiary Nascent Exploration, Fortescue has subscribed for 27.5-million at C$0.05 apiece in Candente, which owns a... 

Basto to run BHP’s Australian mines

By: Mariaan Webb     22nd May 2020 Edgar Basto has been promoted to president of mining major BHP’s entire suite of Australian operations, including iron-ore, coal, nickel and copper, with effect from July 1. The Colombia-born executive previously headed BHP’s Western Australia iron-ore business and is filling the position left... 

Applied Mineral Technologies

22nd May 2020 Established in 2001, South African materials handling systems and processing plants construction company Applied Mineral Technologies (Amtec) has come a long way from being a consultancy to a fully fledged industrial construction company. Amtec specialises in civil, structural, mechanical, piping... 

Regulatory Framework in the Indian Mining Industry: Evolution & Need for an Enduring Outlook

By: Creamer Media Reporter      18th May 2020 By: Munawwar Naseem, Partner-Dua Associates, Delhi Febin Mathew Varghese, Principal Associate- Dua Associates, Delhi 1. Regulatory regime along with geo-politics play a significant role in the mining sector. Political upheavals and consequent regulatory changes are major factors influencing... 

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