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Not all doom and gloom for mining industry

The South African mining sector is facing many challenges, but regulatory certainty and President Cyril Ramaphosa’s administration could spell a new dawn for the industry.

While it has been the main driver of the South African economy for many decades, the mining sector is under increasing pressure from rising costs, regulatory uncertainty and waning investor confidence, but there is hope that President Cyril Ramaphosa’s government will usher in a new dawn for the industry.

Another move up world rankings for Wits School of Mining Engineering

13 March 2019 – Johannesburg: The global standing of the School of Mining Engineering at Wits University has been boosted by another step up in the QS World University Rankings – to 13th place in 2019.

Last year, the school had also moved upward in these rankings, reaching the number 15 spot from its 22nd place in 2017. The latest achievement allows it to retain its position as the highest ranked school at Wits University; it is also the only mining school on the African continent to feature in the top 50 mining schools worldwide.

Global Minerals Professionals Alliance undertakes International Action on Tailings

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

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.

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Other mining news

Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • AfriTin secures £4.7m to bring Uis Phase 1 into production
    Aim-listed AfriTin Mining has secured additional financing that will enable it to bring the Phase 1 pilot plant at its flagship Uis tin mine, in Namibia, into production. The company raised about £3-million through the issue of 99.61-million ordinary shares.
  • Minerals Council welcomes Merafe Resources CEO as VP
    The Minerals Council South Africa has added Merafe Resources CEO Zanela Matlala as a VP. This was announced at the council’s annual general meeting, on Wednesday, during which it was confirmed that Anglo American South Africa executive head Andile Sangqu and Sibanye-Stillwater CEO Neal Froneman would retain their positions as VPs.
  • Zimbabwe mine output subdued in first quarter as dollar crunch bites
    Zimbabwe's mining sector was subdued in the first quarter due to a severe dollar crunch that affected production, with gold the most hit, the mining chamber said, adding some bullion miners had experienced recently introduced power cuts. Mining generates most of the export earnings for the southern African nation, which faces a severe shortage of dollars that has led to a scarcity of fuel and medicines.