The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.
Barrick Gold, the world's largest producer of bullion, cut the 2017 compensation for its top two executives to reflect a challenging "shareholder experience" and operations at some mines.
Shares in the Canadian miner declined 15% last year, even as the price of gold gained 11%. In 2017 Barrick had a third cyanide spill in 18 months at its Veladero mine, in Argentina, and struggled under an export ban for its Acacia Mining unit, in Tanzania, that is still not resolved.
Democratic Republic of Congo's mines minister rejected a proposal by mining companies on Friday to retain exemptions and scrap some taxes in exchange for higher royalties than those in a new mining code, calling the taxes "untouchable". Mines Minister Martin Kabwelulu was reacting to a proposal from mining companies under which the companies would accept higher royalty payments if the government agreed to respect ten-year exemptions for existing projects from changes to the fiscal and customs regimes and cancel certain taxes.