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South Africa to appeal court ruling on black ownership of mines

By: Bloomberg     23rd April 2018 South Africa has sought leave to appeal a court judgment earlier this month over a crucial black-ownership principle in the country’s Mining Charter, the nation’s mining lobby said. The Chamber of Mines has been notified that Mineral Resources Minister Gwede Mantashe and the Department of Mineral... 

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

Business value often missing in drive towards IoT adoption in SA

By: Schalk Burger     20th April 2018 Businesses should start implementing technology solutions with business outcomes in mind. Better alignment between the business value and the implementation of Internet of Things (IoT) systems and projects will improve digital transformation projects in companies, says information technology... 

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

Mining regulation changes in sub-Saharan Africa will continue to fuel uncertainty – BMI

By: Simone Liedtke     16th April 2018 Changes to the mining regulations in various markets across sub-Saharan Africa will continue to fuel uncertainty among investors and pose downside risks to forecasts in the region, says market researcher BMI Research. Internal political and economic considerations, as well as a more favourable... 

Afreximbank, ECIC Sign MOU, Pledge $1bn to Expand Trade Between South Africa and Other African Nations

     16th April 2018 Afreximbank President Dr. Benedict Oramah (right) and Kutoane Kutoane, Chief Executive Officer of ECIC of South Africa, exchange documents following the signing of the MOU in Cairo. The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC)... 

Radebe lauds REIPPPP, Bepa’s role in transforming the energy sector

By: Marleny Arnoldi     13th April 2018 The signing, earlier this month, of power purchase agreements for 27 independent power producer (IPP) energy projects under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) supports an increase in black participation in the industry, as well as the creation of black... 

South Africa mining production up 3.1% in February

By: Anine Kilian     12th April 2018 South Africa’s mining production increased by 3.1% year-on-year in February, bolstered by a strong contribution from diamonds and iron-ore, according to the latest figures published by Statistics South Africa (Stats SA) on Wednesday. The February production growth, which exceeded consensus... 

Macua, Wamua reject DMR’s ‘sham’ community consultation process

By: Marleny Arnoldi     11th April 2018 Community organisation Mining Affected Communities United in Action (Macua) on Wednesday said it rejected Mineral Resources Minister Gwede Mantashe’s “sham” community consultation process.  

Mining in sub-Saharan Africa region to remain riskiest globally – BMI

By: Simone Liedtke     11th April 2018 Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertainty rises in various markets across the region, says BMI Research. In addition to increasing regulatory uncertainty, the region will also witness challenges stemming from... 

Vision 2030 mining growth strategy under development ­– ­DMR

By: Martin Creamer     10th April 2018 A Vision 2030 for the mining industry, and a strategy for growth and competitiveness of the sector, are topics under development, the Department of Mineral Resources (DMR) said on Tuesday, when efforts to finalise and gazette the Mining Charter also intensified. In announcing that Mineral... 

PGMs industry sees crisis, Mantashe sees new dawn

By: Marleny Arnoldi     10th April 2018 Mineral Resources Minister Gwede Mantashe on Tuesday described the mining industry as one that is in self-doubt, believing that it is about to die, where suspicion and mistrust is at a high level. “I fail to understand why platinum is in a crisis,” he said, adding that mining stakeholders need to... 

Mantashe to engage further on 'once empowered, always empowered' ruling

By: African News Agency      10th April 2018 South African Mineral Resources Minister Gwede Mantashe on Tuesday said that his department would be engaging further with the mining industry about the contested "once empowered, always empowered" ruling. Last week, the North Gauteng High Court granted a declaratory order on the "once empowered... 

Court rules on the ‘once empowered, always empowered’ principle

     9th April 2018 On 4 April 2018, the High Court of South Africa (Gauteng Division, Pretoria) handed down its judgement in the matter between the Chamber of Mines of South Africa v Minister of Mineral Resources and Director-General, Department of Mineral Resources [case no.41661/2015], regarding the ‘once... 

Court rules on the ‘once empowered, always empowered’ principle

     9th April 2018 On 4 April 2018, the High Court of South Africa (Gauteng Division, Pretoria) handed down its judgement in the matter between the Chamber of Mines of South Africa v Minister of Mineral Resources and Director-General, Department of Mineral Resources [case no.41661/2015], regarding the ‘once... 

Court ruling on ‘once empowered, always empowered’ principle brings certainty to the mining industry

By: Simone Liedtke     6th April 2018 The High Court’s judgment earlier this week in support of the ‘once empowered, always empowered’ principle will provide clarity for the mining industry, which will contribute to greater investor confidence, says law firm Webber Wentzel. The High Court on Wednesday ruled that mining right holders... 

Strong rand eroding South African gold mines’ margins 

By: Natasha Odendaal     6th April 2018 While the strengthening of South Africa’s rand against the dollar in recent months has been widely welcomed by many, it has somewhat dampened the outlook for exporters and mining firms reliant on a weakened currency to widen margins. For South Africa’s gold mining industry, the resultant decline... 

Solidarity welcomes High Court’s ruling on ‘once empowered, always empowered’ principle

By: Marleny Arnoldi     5th April 2018 Trade union Solidarity has welcomed the Johannesburg High Court’s ruling on the “once empowered, always empowered” principle in mining, ensuring that black economic empowerment (BEE) statuses remain unchanged even if black owners sell their shares, and historical empowerment transactions will... 

South Africa’s renewables focus shifting from costs to jobs and transformation

By: Terence Creamer     5th April 2018 The themes of transformation and employment in the renewable-energy sector have started to eclipse traditional concerns over cost and reliability following government’s highly contested, and much delayed, decision to press ahead with the signing of agreements for another 27 renewables independent... 

South African court backs 'once empowered, always empowered' principle

By: Reuters     4th April 2018 The South African High Court ruled in favour of the 'once empowered, always empowered' principle on Wednesday which entitles a company to keep its black empowerment status even if a black partner exits its stake in the mining firm. Uncertainty around the Mining Charter and ownership levels have... 

ExecuJet base in Lagos granted free trade zone status

By: Rebecca Campbell     26th March 2018 Aviation company ExecuJet announced on Monday that its maintenance, repair and overhaul (MRO) facility in Lagos, Nigeria, had been designated a free trade zone (FTZ) by the Nigerian authorities. As a result, parts and services supplied by ExecuJet to its customers in Nigeria’s commercial capital... 

Moody's announcement signals positive sentiment, says Busa

By: African News Agency      26th March 2018 The decision by Moody’s Investors Service to retain South Africa’s international and domestic credit rating at investment grade and the change in outlook to stable is a mark of greater confidence in the country, Business Unity South Africa (Busa) said on Saturday. On Friday night, Moody's said it... 

Mining Charter, sustainability and coal make this week's headlines 

     23rd March 2018 This week, ARM's Patrice Motsepe predicts a successful charter and land outcomes; Anglo commits to ambitious sustainability strategy and Exxaro’s Coal, rapid loadout projects are under construction. Mining Weekly editor Martin Creamer unpacks the headlines. 

Concerted effort needed to combat South Africa’s illegal mining scourge

By: Dylan Slater     23rd March 2018 A multipronged approach involving both the mining industry and government is required to better deal with illegal mining in South Africa, where bloody skirmishes pitting rival gangs profiting from this illicit pursuit and the illegal mineworkers themselves are a frequent occurrence, with police... 

Liquefied natural gas bunker vessel, northern Europe

By: Sheila Barradas     23rd March 2018 Total Marine Fuels Global Solutions is building a 18 600 m3 liquefied natural gas bunker vessel.  

Mantashe not intent on scrapping Mining Charter 3

By: Anine Kilian     20th March 2018 Mineral Resources Minister Gwede Mantashe on Tuesday stressed the importance of tackling key aspects of the third iteration of the Mining Charter (Mining Charter 3) with urgency and speed. Addressing media at a press briefing, in Pretoria, he said government was not going to start the Mining... 

In-principle agreement reached on some changes to Mining Charter 3 – Solidarity

By: Anine Kilian     19th March 2018 In-principle agreements have already been reached regarding certain changes to the third iteration of the Mining Charter, or Mining Charter 3, during negotiations held over the weekend, says trade union Solidarity. Mineral Resources Minister Gwede Mantashe and his deputy Godfrey Oliphant met with... 

ARM's Motsepe predicts successful charter, land outcomes 

By: Martin Creamer     16th March 2018 The executive chairperson of diversified black-controlled mining company African Rainbow Minerals (ARM), Patrice Motsepe, on Friday expressed the firm conviction that South Africa was in the process of reinforcing its position as a competitive mining destination through a positive Mining Charter... 

R2.1bn top-up deal takes PPC SA BEE shareholding to 30%

By: Schalk Burger     15th March 2018 Cement producer PPC on Thursday announced details of its R2.1-billion top-up black economic empowerment (BEE) scheme that, together with the BEE shareholding from two previous transactions, will result in an effective 30% BEE shareholding at the PPC South Africa level. The PPC Phakama... 

Oliphant talks up Mantashe's mining pedigree in Toronto

By: Henry Lazenby     15th March 2018 South Africa's Deputy Mineral Resources Minister Godfrey Oliphant talked up the mining pedigree of newly installed Minister Gwede Mantashe during the recent Prospectors and Developers Association of Canada's annual convention, held in Toronto. "His previous mining experience is an advantage for... 

Energy company launches new product, expands operation

By: Jessica Oosthuizen     9th March 2018 Independent energy company SA Oil made its new brand of fuel, Accelerate Special Gasoline, available to the market last month. This follows the response to a product trial, which ran between 2016 and 2017, where it was made available in limited quantities and “enthusiastically accepted among... 

Exxaro negotiating new business opportunities beyond mining 

By: Martin Creamer     8th March 2018 While retaining coal as its bedrock, Exxaro Resources has begun taking steps that will take the company beyond coal and even beyond mining, Exxaro CEO Mxolisi Mgojo said on Thursday. But this is all taking place while Exxaro continues to invest heavily in its long-term coal-mining business, which... 

Anglo American renews shipping contract with Vuka Marine

By: Megan van Wyngaardt     8th March 2018 Global miner Anglo American has renewed its various full-time ocean freight contracts with local maritime company Vuka Marine. Under these freight contracts, Anglo American will transport bulk iron-ore and coal products, primarily from the Saldanha Bay port to its customers around the world. 

Ramaphosa meets Moody's, says land reform will not affect economic growth

By: African News Agency      8th March 2018 President Cyril Ramaphosa on Wednesday, held discussions with Moody’s Investors Service on the various initiatives underway to accelerate economic growth, create jobs, and he also reaffirmed that land reform would unfold within clear legal framework and would not affect economic growth, the... 

SANDF revises presidential flight procedures after Ramaphosa's Moti flight

By: News24Wire      8th March 2018 Internal processes around the procurement of private aircraft for presidential flights have been revised following news reports that President Cyril Ramaphosa flew on an aircraft owned by the Moti company. Defence Minister Nosiviwe Mapisa-Nqakula was grilled in the National Assembly on Wednesday... 

South Africa's future 'just got a lot more positive', Anglo American CEO says

By: Reuters     7th March 2018 South Africa's future is looking "a lot more positive" since President Cyril Ramaphosa succeeded scandal-plagued Jacob Zuma last month, Anglo American's Chief Executive Mark Cutifani said on Wednesday. Mining companies and South Africa's government have been at loggerheads for years over... 

Kazakh miner ERG revives sale of Congo copper mine – sources

By: Reuters     7th March 2018 Debt-laden Kazakh miner Eurasian Resources Group (ERG) has revived efforts to sell its Frontier copper mine in Democratic Republic of Congo (DRC) despite a drop in valuation to about $400-million, two banking sources said. The company, which is working with VTB Capital and Rothschild to spin off... 

Building trust between miners, host governments a prerequisite to foster economic prosperity

By: Henry Lazenby     6th March 2018 Endemic mistrust between private sector miners and African jurisdictions belies the spirit and objectives set out in the African Union's African Mining Vision, an audience attending the eighth MineAfrica panel discussion at the Prospectors and Developers Association of Canada conference heard on... 

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