Market News

Global Minerals Professionals Alliance undertakes International Action on Tailings

Details

Created: Monday, 04 March 2019 09:40

In light of the global challenges faced around mine waste, particularly tailings, the Global Minerals Professionals Alliance (GMPA) will be undertaking ‘Global Action on Tailings’. The initiative was announced at a recent meeting of the GMPA – a collaborative partnership between leading professional organizations for minerals around the world – held in February 2019, in Denver, Colorado in conjunction with the 2019 SME Annual Conference & Expo.

2019 is a seminal year for investor confidence in South Africa’s mining sector

Details

Created: Wednesday, 13 February 2019 10:01

2019 is a seminal year for investor confidence in South Africa’s mining sector, and international investors will be closely watching a variety of important issues as they seek the clarity they will need to commit to investments in the country.

With crucial national elections due in May, a debt crisis at state electricity utility Eskom and the country’s new mining charter still pending finalisation, Hulme Scholes, a partner at law firm Malan Scholes, said the need for accountability and transparency in the fight against corruption was critical if international investors were to commit to SA and continue unlocking the country’s vast geological potential.

Mining Charter III: Piling the pressure on small miners

Details

Created: Wednesday, 30 January 2019 12:47

By Manus Booysen and Rita Spalding, Partners and mining sector experts at Webber Wentzel

Achieving Mining Charter III’s requirements for structuring broad-based ownership, local procurement and social and labour plans is likely to present serious challenges for small scale miners in particular. It may be time to move away from a “one size fits all” approach in setting charter targets.

Several clauses in Mining Charter III, which may be challenging for large mining houses, place onerous, even impossible, responsibilities on small-scale miners.

These miners include some black-owned businesses as well as hundreds of alluvial diamond miners who are members of the South African Diamond Producers’ Organisation (SADPO) a member of the Minerals Council South Africa.

Phase II striding ahead …

Details

Created: Wednesday, 09 January 2019 10:03

Implementing large scale infrastructure projects combines ‘maths and music’: the maths of delivering multiple highly technical engineering components within a specific timeframe and budget, and the music of the softer skills of diplomacy, communication, social, environmental and community protection, while considering the interests and expectations of multiple, diverse stakeholders. The Lesotho Highlands Water Project is no exception to this and while the project is behind the timelines proposed in the Feasibility Report, given the two-year deferred start, Phase II is stepping ahead purposefully.