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Minerals exploration to remain in decline without sound guiding authority – Miller 

By: Donna Slater     15th February 2021 Despite the Department of Mineral Resources and Energy (DMRE) not publishing any data on mineral exploration, mining supply sales consultancy AmaranthCX director and owner Paul Miller says there is extensive financial data, some containing information about minerals exploration, that is buried... 

Biden poised to freeze oil and coal leasing on federal land

By: Bloomberg     22nd January 2021 President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about a tenth of US supplies, according to four people familiar with the matter. The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other... 

Want a fuel cell, you need platinum – analysts 

By: Martin Creamer     18th January 2021 If you want a fuel cell, you need platinum, is one of the multiplicity of points Bernstein investment company makes in a major work just released, which shows growing and ongoing demand for platinum group metals (PGMs) and provides ample reason why metals and mining matter more than ever. In the... 

The UAE warns US shale companies against pumping more oil

By: Bloomberg     13th January 2021 Any attempt by US shale and other oil producers to boost output this year will backfire and lead to lower prices, according to the energy minister of the United Arab Emirates. Oil prices have surged in the past two months with the development of coronavirus vaccines. They jumped again last week... 

Metals tycoon Agarwal eyes $10bn of India turnaround deals

By: Bloomberg     17th December 2020 Commodities tycoon Anil Agarwal is planning to invest $10-billion through a new partnership targeting government privatisations in India. The billionaire is teaming up with London-based Centricus Asset Management to seek investments in Indian companies offering substantial growth opportunities,... 

Global tender, auction houses express interest in participating in Angolan Diamond Bourse

By: Creamer Media Reporter      17th December 2020 State-owned Angolan National Diamond Trading Company (Sodiam) says it has received interest from five global tender and auction houses related to the development of these services in the soon to be established Angolan Diamond Bourse (ADB). Angola has about 14 active diamond mining sites and... 

Australian miners need to do more on emissions - report

By: Esmarie Iannucci     16th December 2020 Australia’s resources companies would need to do more in order to address downstream scope 3 emissions, despite making progress on moving their operations towards net zero by 2050, a new report has found. The report by Climateworks Australia and Monash University investigates the climate... 

Hydrogen economy presents considerable opportunities for South Africa, but social compact imperative 

By: Tasneem Bulbulia     6th November 2020 There is considerable potential for South Africa to be a supplier of green hydrogen and leverage its platinum group metals (PGM) resources; however, it is imperative that there is a social compact when building this industry, a panel of speakers noted during independent think tank, the Mapungubwe... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

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... 

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