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President’s message for the New Year...

At the beginning of a brand new year, one automatically reflects on the past year, and contemplates what 2009 will bring. I am sure you will agree that 2008 was a very eventful year for our industry, which started with the South African power crisis in January, and ended with the global financial crisis that resulted in an economic slowdown, currency volatility, a sharp pull-back in commodity prices and rising unemployment. Economists predict that 2009 will be a tough year, that we need to tighten our belts, and that we will have our fair share of challenges. Fortunately the majority of economists remain optimistic about the resilience of our economy, and some even predict that by the end of 2009 the South African economy might be stronger than is considered possible at present.

My wishes for us who work in the mining and metallurgical industry for 2009 is therefore that we will seize the opportunities and challenges that lie ahead, that we will persevere, strive towards excellence, capitalize on positive news and celebrate our achievements, notwithstanding the hardships. And on a more personal note: my wishes for you for 2009 are that you and your loved ones will enjoy good health, that you will find inspiration, meaning and happiness in your lives, and that you will savour the good times! May 2009 pleasantly surprise us! A.M. Garbers-Craig President

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Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • South African court rules in favour of Vedanta in dispute with Zambian State
    Mumbai-listed diversified miner Vedanta Resources on Friday provided an update in its pursuit of international arbitration, amid a court matter between the miner and State-owned Zambian miner ZCCM, in Zambia, related to their jointly owned Konkola Copper Mines. Justice LR Adams of the High Court in Gauteng, South Africa, on Friday denied ZCCM leave to appeal his July 23 judgment dismissing the application with costs.
  • Kodal lodges Esia for Bougouni project
    Kodal Minerals has completed and lodged an environmental- and social-impact assessment (Esia) for the proposed openpit mining and processing operation at its Bougouni lithium project, in southern Mali. “The submission of the Esia signals the achievement of another significant milestone for Kodal as we continue to focus on the development of the Bougouni lithium project,” CEO Bernard Aylward said in a statement issued on Friday.
  • Zambian communities to launch class action against Anglo American South Africa
    A legal class action case is being prepared against Anglo American South Africa on behalf of Zambian communities living in the vicinity of the Kabwe lead mine. London-based law firm Leigh Day noted in a statement issued on Friday that the community members are suffering from lead poisoning.