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Minister publishes amendments to financial provisioning regulations for mine closure

By: Nadine James Updated 4 hours ago Environmental Affairs Minster Nomvula Mokonyane has gazetted additional amendments to the Financial Provisioning Regulations for the rehabilitation and remediation of environmental damage caused by exploration and/or mining activity. The regulations stipulate the manner in which mining... →

ARA to host workshop to discuss maritime regulation changes

By: Marleny Arnoldi 17th May 2019 The African Refiners and Distributors Association (ARA), together with the Egyptian General Petroleum Company, will in mid-June host an interactive workshop on the impact of the International Maritime Organisation’s changes to regulation around the sulphur content of ship bunker fuel across... →

Rebranded Minerals Council reflects the promise of the future

By: Nadine James 17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines – officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... →

East African company Société Pétrolière expands LPG business

By: Simone Liedtke 14th May 2019 East African Société Pétrolière (SP) has, through the installation of eight liquified petroleum gas (LPG) storage and cylinder filling plants, doubled Rwanda’s LPG storage and filling capacity. Each of these facilities has a storage capacity of 20 m3 and is capable of filling about 1 000 bottles... →

BHP admits to ‘over-investing’ in Canada mine, but says Jansen remains attractive

By: Esmarie Iannucci 14th May 2019 Diversified miner BHP on Tuesday admitted to an overspend at the Jansen potash mine, in Canada, but CEO Andrew Mackenzie has argued that the project remains an attractive asset. The mining giant has already spent $2.7-billion on the potash project, east of Saskatoon, Saskatchwan, and will have... →

Platinum market set to move into deficit this year – Johnson Matthey

By: Marleny Arnoldi 13th May 2019 The platinum market is expected to move into deficit this year, with a resurgence in investor activity to outweigh modest falls in industrial and jewellery demand, says Johnson Matthey in its latest platinum group metals market report. The science multinational company expects a tentative... →

Anadarko says to supply Mozambique LNG to Japan's JERA, Taiwan's CPC

By: Reuters 13th May 2019 Anadarko Petroleum said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural gas to Japan's JERA and Taiwan's CPC. This is its first long-term deal to be announced since the US independent energy group said late last week... →

Study shows job potential of Bluejay’s Dundas mine

By: Mariaan Webb 10th May 2019 The Dundas ilmenite project that Bluejay Mining is advancing will bring significant employment opportunities and economic development to the region and Greenland in general, the Aim- and FSE-listed company reported on Friday. Announcing the completion and submission of the social impact... →

March manufacturing output better than expected

By: Mariaan Webb 9th May 2019 South Africa’s manufacturing output is continuing on a positive trend, with March output increasing by 1.2% year-on-year, beating market expectations of a contraction of 0.2%. The largest positive contributions were made by energy-intensive industries, which commentators say is surprising, given... →

Indian crude oil import dependency surges to 84%

By: Ajoy K Das 9th May 2019 Rising consumption and falling domestic production has increased India’s crude oil import dependency to 83.7% during 2018/19, compared with 82.9% during previous financial year, data from Petroleum and Natural Gas Ministry has showed. Despite Prime Minister Narendra Modi’s ostensible target to... →

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