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Topic - Mineral Resources
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Feb 23, 2015
The Department of Mineral Resources (DMR) will lead the investigation, together with management, unions and employees, into the cause of Sunday’s fire at the afflicted Kusasalethu mine, in Gauteng. Harmony COO Alwyn Pretorius advised that the company would fully...
Feb 18, 2015
Ngoako Ramatlhodi
The review of the Minerals and Petroleum Resources Development Act (MPRDA) Amendment Bill would be restricted to four recommendations and the focus would be on whether or not these passed constitutional and procedural muster, Mineral Resources Parliamentary Portfolio...
Feb 16, 2015
James Lorimer
Amidst apparent disagreement in his Cabinet about mining policy, President Jacob Zuma needed to step in and provide leadership so that potential mining investors had certainty about South Africa’s mining policy, Shadow Democratic Alliance (DA) Mineral Resources...
Feb 16, 2015
Jim O'Neill
The governments of resource-rich countries should base their financial planning on commodity prices that are lower than the year prior. Should actual commodity prices eventuate that are higher than those assumed, the additional revenue from the higher prices should...
Feb 12, 2015
Feb 10, 2015
Mineral Resources Minister Ngoako Ramatlhodi
Striking mineworkers who break the law will be jailed, Mineral Resources Minister Ngoako Ramatlhodi promised the Mining Indaba on Tuesday. Leaving the labour issue till last in his 20-minute opening address to the jam-packed conference, the Minister told the 7 000...
Feb 06, 2015
Feb 04, 2015
Mineral Resources Minister Ngoako Ramatlhodi
A coal task team has been established to intensify the dialogue between government, business and labour on the mineral, which suffered a R23-billion foreign exchange loss in 2014 owing to falling prices, Mineral Resources Minister Ngoako Ramatlhodi said on Wednesday....
Feb 02, 2015
Jan 30, 2015
Jan 16, 2015
Jan 13, 2015
 
 
 
Dec 12, 2014
Technip has been awarded a substantial subsea contract by PT Chevron for the Bangka development project.
Nov 18, 2014
It was a national duty to develop and implement policies and legislation that recognised the value of the lives of each one of the almost 500 000 mineworkers in South Africa, Mineral Resources Minister Ngoako Ramatlhodi said at the 2014 Mine Occupational Health and...
Nov 07, 2014
The Petroleum Agency South Africa (Pasa) has confirmed on Monday that it would proceed with the processing of pending shale-gas applications received prior to February 1, 2011. The applicants affected include Shell South Africa Upstream, Falcon Oil and Gas and...
Nov 07, 2014
Oct 28, 2014
The Democratic Alliance (DA) would continue to pursue a declaration from the State Diamond Trader (SDT) on who its biggest buyers are, DA shadow Minister of Mineral Resources James Lorimer has said. He noted in a statement that the DA had been pursuing this matter...
Oct 16, 2014
Oct 09, 2014
A total of R2.1-billion has been ring-fenced in the Department of Human Settlements’  medium-term expenditure framework period for housing projects in mining towns, with R290-million of this amount to be spent in the current financial year, Minister in the Presidency...
Oct 08, 2014
Oct 02, 2014
Sep 26, 2014
Sydney-listed energy group Challenger Energy says it is encouraged by recent indications of a “growing appreciation of the importance” of South Africa’s nascent shale gas industry and its potential beneficial impact to the broader economy, adding that momentum...
 
 
 
 
Sep 26, 2014
It has been ten years since the South African Mining Charter was first put in place, in an attempt to accelerate transformation in the South African mining industry. A top priority on the charter’s transformation list, which mining companies had to have complied with...
Sep 24, 2014
Reed, Manitoba
Difficult geology slowed ramp development at 70/30 joint venture (JV) partners HudBay Minerals and VMS Ventures’ Reed copper mine, in Northern Manitoba, in Canada, forcing operator HudBay’s engineers to alter the mine plan. Following ribbon-cutting ceremonies last...
Sep 19, 2014
Sep 04, 2014
Amendments to portions of the National Environmental Management Act (Nema) and the Minerals and Petroleum Resources Development Act (MPRDA) that govern the environmental requirements of mining companies in South Africa are expected to finally settle a legislative...
Sep 04, 2014
ASX-listed Challenger Energy was in advanced discussions regarding a possible farm-in agreement over its Cranemere shale gas project, in South Africa. “We are working on a compelling partnership,” Challenger MD Robert Willes told Mining Weekly Online on the...
Aug 29, 2014
The financial director of the Steel Authority of India Limited (SAIL) has revealed the losses currently being borne by the Benga coal operation in Mozambique’s Tete province. Anil Chaudhary reported that Benga’s production costs were $165/t while the current market...
Aug 20, 2014
The National Union of Mineworkers (NUM) has vowed to fight retrenchments at Petra Diamonds' Helam mine in North West, the union said on Tuesday. "We will fight tooth and nail to make sure that these retrenchments do not happen," chief negotiator Lekhotla Mabea said.
Aug 14, 2014
Nkosazana Dlamini-Zuma
The dominance of mining in Africa has made the industry's development a critical target under the African Union’s (AU’s) Agenda 2063, AU Commission chairperson Nkosazana Dlamini-Zuma said on Thursday. Speaking at the 2014 Mining Lekgotla, in Midrand, she pointed out...
Jul 23, 2014
East Africa would be the next major oil and gas play on the continent, professional services firm PwC Africa Oil & Gas Advisory senior manager Derek Boulware said on Wednesday. Speaking at the launch of the firm’s 2014 Africa oil and gas review titled ‘On the brink...
Jul 22, 2014
Anti-fracking lobby group Treasure the Karoo Action Group (TKAG) and social rights group AfriForum hand delivered a letter to President Jacob Zuma this week calling on him to declare a fresh moratorium on hydraulic fracturing in South Africa, or face possible legal...
 
 
 
 
Jul 18, 2014
ASX-listed Mineral Resources (MinRes) has reported record iron-ore sales for its full year ended June, with the company increasing export volumes by 88% on the 2013 figures, to 10.4-million tonnes. During the quarter ended June, iron-ore exports increased by 14%, to...
Jul 17, 2014
Jul 15, 2014
Mineral Resources Minister Ngoako Ramatlhodi
Mineral Resources Minister Ngoako Ramatlhodi has focused sharply on plans to speed up transformation in South Africa’s mining sector and enforce compliance with the Mining Charter. During his budget vote on Tuesday, he told the National Assembly that he was prepared...
Jul 04, 2014
Newly appointed Mineral Resources Minister Ngoako Ramatlhodi has inherited a challenging portfolio from former Minister Susan Shabangu, with several critical issues that will have to be addressed soon if he is to return South Africa’s mining industry to being the...
Jul 03, 2014
Ngoako Ramatlhodi
Following the resolution of the five-month strike in the platinum sector, the Department of Mineral Resources (DMR) would now focus its attention on “full implementation” of the Mining Charter, Mineral Resources Minister Ngoako Ramatlhodi said on Thursday. The DMR...
Jul 03, 2014
China’s steel giant Baosteel and its business partner Aurizon Operations have gained control of diversified miner Aquila Resources. Aquila on Thursday signed a bid implementation agreement with the two companies, which allowed for an accelerated payment of the...
Jun 27, 2014
Mineral Resources Minister Ngoako Ramatlhodi
Mineral Resources Minister Ngoako Ramatlhodi has mining interests in certain companies, as reported, but a process is under way for him to resign. He held the mining interests before he was appointed to the portfolio, Ramatlhodi's spokesperson Mahlodi Muofhe said on...
Jun 24, 2014
Mineral Resources Minister Ngoako Ramatlhodi on Monday warned communities to refrain from illegal mining activities after the bodies of eight illegal miners were found at a gold mine in Benoni. "It is not only dangerous, but can lead to incidents such as this one,"...
Jun 20, 2014
Meetings between platinum producers and the Association of Mineworkers and Construction Union (AMCU) aimed at ending the five-month-old strike in the sector were continuing on Friday. "There have been meetings yesterday [Thursday] between Amcu and the producers and...
Jun 18, 2014
The board of takeover target Aquila Resources has urged shareholders to accept the joint offer by China’s Baosteel and freight transporter Aurizon Holdings, after the company was unable to negotiate a deal with fellow-listed Mineral Resources. The diversified...
 
 
 
 
Jun 16, 2014
Speculation arose on Monday that ASX-listed takeover target Aquila Resources and fellow-listed Mineral Resources were on the cusp of a corporate deal after both companies went into a trading halt. Aquila was currently the target of a A$1.4-billion joint bid by...
Jun 13, 2014
Government would remain committed to maintaining fiscal sustainability and keeping its debt within manageable levels, the National Treasury stressed on Friday following ratings agency Fitch’s revision of South Africa’s outlook from stable to negative. “Indeed, fiscal...
Jun 12, 2014
ASX-listed Mineral Resources on Thursday confirmed that it had acquired more than 52.6-million shares in takeover target Aquila Resources, saying it had been investigating a development plan for Aquila’s West Pilbara iron-ore project since before the Baosteel-Aurizon...
Jun 10, 2014
Ngoako Ramatlhodi
As government’s bid to end the 21-week strike crippling the platinum sector fails, new Mineral Resources Minister Advocate Ngoako Ramatlhodi on Tuesday stressed that his decision to exit the wage talks at a critical juncture was a move meant to pressurise...
Jun 09, 2014
Ngoako Ramatlhodi
The last effort by new Mineral Resources Minister Ngoako Ramatlhodi to bring an end to the 21-week strike by Association of Mineworkers and Construction Union members in South Africa's platinum mining sector has failed, with the platinum producers announcing on...
 
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