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Topic - Mineral Resources
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Apr 28, 2016
Updated 5 hours ago Constructive bilateral engagement between Mineral Resources Minister Mosebenzi Zwane and the Chamber of Mines (CoM) has kicked off amid controversy surrounding the shock gazetting of the draft amended Mining Charter last month. The parties aimed to unpack “pertinent”...
Apr 26, 2016
Hundreds of workers from Gupta family-owned Oakbay Investments will on Tuesday march to the banks in an effort to save their jobs. The operations of Oakbay were thrown into jeaopardy after South Africa’s four main banks closed accounts of businesses owned by the...
Apr 25, 2016
Mineral Resources Minister Mosebenzi Zwane’s surprise gazetting of the draft Mining Charter earlier this month without any stakeholder engagement was likely motivated by a need to shake up the industry to meet the country’s transformation targets. Many debates around...
Apr 22, 2016
Mineral Resources Minister Mosebenzi Zwane
Mineral Resources Minister Mosebenzi Zwane on Friday sought to assure mining industry stakeholders concerned about certain provisions in the new broad-based black economic-empowerment Mining Charter that the draft was “just a proposal by government” and that “nothing...
Apr 21, 2016
Minister in the Presidency for Planning, monitoring and Evaluation Jeff Radebe
Minister in the Presidency for Planning, Monitoring and Evaluation Jeff Radebe has insisted that, despite the appointment of three Ministers to engage the banks that cut ties with private Gupta-linked Oakbay Investments amid allegations of State capture, government...
Apr 20, 2016
The proposed new broad-based black economic-empowerment (BBBEE) Mining Charter could mean devastating consequences for the ailing mining industry, believes trade union Solidarity, which strongly denounced the draft charter in a statement on Wednesday. The proposed...
Apr 18, 2016
The National Union of Mineworkers (NUM) on Sunday welcomed the gazetted reviewed Broad-based Black Economic Empowerment Charter for the South African mining and minerals industry by Mineral Resources Minister Mosebenzi Zwane. This was in line with section 100 of the...
Apr 15, 2016
Mosebenzi Zwane
Mineral Resources Minister Mosebenzi Zwane on Friday gazetted the draft reviewed broad-based black economic empowerment Mining Charter for public comment. The Ministry said in a release to Creamer Media’s Mining Weekly Online that the draft sought to strengthen the...
Apr 11, 2016
Mar 30, 2016
Mar 24, 2016
Mar 20, 2016
 
 
 
Mar 14, 2016
ANC policy head Jeff Radebe
ANC policy head Jeff Radebe would on Monday not discuss allegations that the politically connected Gupta family was influencing the appointment of Cabinet ministers. "My understanding is that about two weeks ago, the top six ANC officials met with the Gupta family...
Mar 11, 2016
The National Union of Mineworkers (NUM) on Friday welcomed Mineral Resources Minister Msebenzi Zwane’s constitution of a Minerals and Petroleum Board and the mandated focus on job losses. The board was appointed on Wednesday following the end of the term of office of...
Mar 11, 2016
It has generally been acknowledged among industry insiders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed in recent years, despite market challenges and the continued commodity slump impacting on the global...
Mar 10, 2016
Vantage Goldfields on Thursday announced at a media briefing that it would use a new and safer entrance route to approach the container at its Mpumalanga-based Lily mine, where three miners have been trapped underground for over a month.  The container fell prey to a...
Mar 07, 2016
The operation to rescue three miners are trapped underground for over a month at Vantage Goldfields’ Lily Mine at Barberton, Mpumalanga, have been suspended indefinitely and the mine would call another rock specialist to make a determination. The drilling of the...
Feb 29, 2016
Efforts to drill a secondary shaft at Vantage Goldfields’ Lily Mine at Barberton in Mpumalanga are on track, the mineral resources department said. Mineral Resources Minister Mosebenzi Zwane had visited the site to receive an update from mine management, the...
Feb 25, 2016
Kumtor, Republic of Kyrgyzstan.
Significant uncertainty hangs over Canadian miner Centerra Gold’s flagship Kumtor mine, in the Central Asian Republic of Kyrgyzstan, as the company’s only currently operating mine faces legal and regulatory headwinds this year. In reporting its fourth-quarter and...
Feb 24, 2016
Mineral Resources Minister Mosebenzi Zwane
Everything possible is being done to rescue the three people still trapped in the Lily Mine in Mpumalanga, Mineral Resources Minister Mosebenzi Zwane said on Wednesday. ''We are interested in a mission that will get the container out, with the people, whether living...
Feb 18, 2016
It may take up to three weeks for rescue operations to resume again at the Lily Mine in Barberton, Mpumalanga where three employees are still trapped underground, Mineral Resources Minister Mosebenzi Zwane said late on Wednesday. After discussions with rock...
Feb 15, 2016
Mineral Resources Minister Mosebenzi Zwane has called for “extraordinary measures” to be taken to ensure that the three mineworkers trapped at Lily Mine in Barberton were rescued. On Monday, Zwane said the rescue teams would be reinforced to include rock engineers...
 
 
 
 
Feb 09, 2016
With rescue teams only 12 m away from where the Lily Mine workers in Mpumalanga are trapped, it's now only a matter of drilling through rocks to reach the three. The mine's operations director, Mike Begg, said all efforts on Tuesday would be aimed at breaking through...
Feb 08, 2016
Mineral Resources Minister Mosebenzi Zwane on Monday announced that his department had served the Lily Mine in Barberton, Mpumalanga, with a Section 54 notice for a mine closure while the operations to rescue three trapped workers continued. The management at the...
Feb 08, 2016
Mosebenzi Zwane
The completion of the amendments to South Africa’s Mineral and Petroleum Resources Development Act (MPRDA) was being treated as a matter of urgency, Mineral Resources Minister Mosebenzi Zwane said on Monday. Delivering the keynote address at the opening of Investing...
Feb 08, 2016
Mineral Resources Minister Mosebenzi Zwane
The 2016 Investing in African Mining Indaba – currently the world’s largest mining investment event and Africa’s largest mining event – starts in Cape Town on Monday at a time when the South African mining industry is under a cloud following a spate of fatal...
Feb 05, 2016
Mineral Resources Minister Mosebenzi Zwane
With thousands of mining jobs on the line in South Africa, potential job losses in a pressurised mining sector had become a critical topic at Mineral Resources Minister Mosebenzi Zwane’s first real engagement with the public on Friday. Zwane, appointed Minister late...
Jan 29, 2016
Democratic Alliance shadow Minister James Lorimer says he will question Mineral Resources Minister Mosebenzi Zwane in Parliament as to whether the Minister has made interventions on behalf of mining industry participants. This comes as the DA alleged that Zwane had...
Jan 28, 2016
Mineral Resources Minister Mosebenzi Zwane
In 2015 South Africa recorded its lowest-ever number of mine fatalities - 77, down from 84 the year before, Mineral Resources Minister Mosebenzi Zwane revealed on Thursday. Gold mines reported 33 fatalities in 2015 – an improvement on the 44 fatalities the year...
Jan 25, 2016
The Department of Mineral Resources (DMR) has initiated an investigation after an underground fire at Impala Platinum’s (Implats’) Shaft 14, in Rustenburg, resulted in the death of four mineworkers over the weekend. Implats on Friday initiated search and rescue...
Jan 15, 2016
Over the last few years, South Africa’s mining industry has staggered into the new year increasingly the worse for wear, having been ravaged by a myriad of challenges over the course of the previous year, including mineral policy uncertainty, labour-management...
Jan 13, 2016
The National Union of Mineworkers (NUM) on Wednesday vowed to fight the possible retrenchment of some 700 employees at the ASA Dilokong chrome mine, in Limpopo, amid restructuring efforts. In response to ASA’s issue of Section 189 notices to the NUM this week, the...
 
 
 
 
Dec 11, 2015
Various commentators, who lament the slow pace of change in the occupational culture in mining, say constitutional obligations need to be revisited to accommodate women who are adversely affected when working in the mining environment in South Africa. There are still...
Dec 11, 2015
BATHOPELE CENTRAL SHAFT In September Sibanye bought the Bathopele, Siphumelele and Thembelani mining operations from Anglo American Platinum
With the bottom seemingly having fallen out of the commodities market, South Africa’s mining industry appears to be at an all-time low. However, international law firm Hogan Lovells partner and mining head Warren Beech argues that the opportunity for corporate...
Nov 20, 2015
ASX-listed Mineral Resources (MinRes) this week announced it would buy back of up to 10% of its fully paid ordinary shares over the next 12 months. The company would spend about A$40-million on a capital management package, which would include a A$10-million interim...
Nov 11, 2015
Mineral Resources Minister Mosebenzi Zwane on Wednesday urged mining companies to tighten up health and safety initiatives after a fatality at a Randfontein mine this week. The Department of Mineral Resources said in a statement that a winch operator had been fatally...
Oct 22, 2015
Mineral Resources Minister Mosebenzi Zwane on Thursday called on mining companies to offer more bursaries to students in need. Speaking at a housing project, launched by mining company Exxaro, Zwane appealed for the sector to contribute more toward funding education...
Oct 06, 2015
Mineral Resources Minister Mosebenzi Zwane has urged stakeholders in the mining industry to work together to resolve labour disputes as speedily as possible. “Mineral Resources Minister Mosebenzi Zwane has appealed to stakeholders in the mining industry to work...
Oct 01, 2015
Mineral Resources Minister Mosebenzi Zwane
Mineral Resources Minister Mosebenzi Zwane will in the next few days hold a meeting with stakeholders in the mining sector to discuss challenges and opportunities available in the industry. “I am well aware of the critical role that this sector plays in the economy,...
Sep 23, 2015
Ngoako Ramatlhodi
Mineral Resources Minister Ngoako Ramatlhodi will replace the late Collins Chabane as public service and administration minister, President Jacob Zuma said on Tuesday. Chabane was killed in a car accident on the N1 outside Polokwane on March 15.
Sep 22, 2015
ASX-listed Mineral Resources has increased the resource estimate at its Mt Marion lithium project, in Western Australia, by 66%. The project is now estimated to host an indicated and inferred resource of 23.24-million tonnes, at 1.39% lithium oxide and 1.43% iron...
Sep 11, 2015
Neal Froneman
Gold and uranium producer and platinum-mining aspirant Sibanye wants to be the new South African mining champion that the South African government and ruling African National Congress (ANC) have been calling for. “We’ve basically put up our hand to say we’d like...
 
 
 
 
Aug 31, 2015
Several trade unions, representatives of the Department of Mineral Resources and leaders from the Chamber of Mines (CoM) have committed to embarking on a ten-point action plan aimed at stemming the deluge of jobs in the buckling sector, on Monday signing a...
Aug 28, 2015
Mineral Resources Minister Ngoako Ramatlhodi
Aquila Resources‚ a subsidiary of China’s state-owned Baosteel‚ which has had a long-running battle with the Department of Mineral Resources over a manganese deposit‚ is poised to approach the courts to seek a judicial review if a resolution is not reached‚ Business...
Aug 18, 2015
Malan Scholes director Hulme Scholes
In a fresh challenge to SA’s mining regime‚ lawyer Hulme Scholes and his firm have gone to court to set aside the Mining Charters of 2004 and 2010‚ arguing that they are unconstitutional‚ vague and contradictory‚ allowing for abuse by the mineral resources minister...
Aug 13, 2015
International Ferro Metals’ (IFM’s) financial performance and cash flows will likely remain under pressure unless there is a “sustained improvement” in the ferrochrome price, which has been hovering at the same level for three consecutive quarters. The European...
Aug 12, 2015
Sipho Nkosi
Black-owned mining company Exxaro, which has succeeded in negotiating a $210-million cut in the purchase price of Total Coal South Africa, continues to be statutorily obliged to find a black economic-empowerment (BEE) partner as a government condition for the...
 
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