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.
With a continuing upward trend in the copper price in 2017, Namibia-focussed Weatherly International narrowed its loss for the six months to December 31 to $5.9-million, compared with a loss of $11.2-million in the six months to December 2016. Revenue after royalties for the six-month period as $47.7-million, 26% higher than in the comparable period in 2016, reflecting the increase in copper price.
In-principle agreements have already been reached regarding certain changes to the third iteration of the Mining Charter, or Mining Charter 3, during negotiations held over the weekend, says trade union Solidarity. Mineral Resources Minister Gwede Mantashe and his deputy Godfrey Oliphant met with industry representatives over the weekend to discuss the charter.