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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.

Mining Charter III: Piling the pressure on small miners

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 …

LHDA

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.

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Mining Weekly | Africa

The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
  • Business outlines strategy for supporting ramp-up to daily vaccination tempo of 250 000 by September
    Business for South Africa (B4SA) has outlined its strategy for a steady upscaling of the private sector’s capacity to administer the Covid-19 vaccine and position the country’s public and private health sectors to reach a daily vaccination rate of more than 250 000 by September. B4SA health working group chair Stavros Nicolau acknowledged on Friday that public scepticism persisted over the ability of South Africa to raise its daily vaccination tempo to between the 250 000 and 300 000 being targeted during Phase 2 of the roll-out, through which government aims to vaccinate 16.6-million people between May and November.
  • Fitch Solution foresees a turn for the better in mining spend, output, profit in 2021
    Research agency Fitch Solutions expects production, capital expenditure (capex) and profitability in the mining industry to improve this year as commodity prices are soaring, while economies are recovering and vaccines are rolled out. The agency forecasts that major mining firms will raise their spending budgets for this year. Consensus is for the capex of the top 30 miners globally to grow by about 23.7% year-on-year, after having stagnated in 2020.
  • Battery supply chain market attracted $21bn of investment in 2020
    Research agency Fitch Solutions says global investment of more than $21-billion toward the electric vehicle (EV) battery supply chain shows the urgency of market expansion. With Western Europe claiming the biggest share of investment, it reflects the focus on producing EVs in the region and the growing role of carmakers in the supply chain.
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