Record gold production announced by Medusa Mining

Australian firm Medusa Mining has announced record quarterly gold production for the three months to September. The company – which operates solely in the Philippines – reported gold output of 18,054 ounces at its main Co-O mine for the quarter, compared with production of 16,009 ounces in the previous three months.The news feeds on this [...]

Laws reducing SA mining industry to ‘stunted giant’ – Peter Leon

South Africa should emulate rising star Ghana and Botswana by removing excessive discretion from its mining laws, which had turned the country’s mining industry into that of a "stunted giant", International Bar Association (IBA) mining law committee chairperson Peter Leon said in Madrid on Tuesday. Leon told the international conference that Ghana’s mining laws had [...]

South Africa’s Competition Commission uncovers mining cartel activity

South Africa’s Competition Commission on Wednesday announced the uncovering of an alleged mining-supply cartel. The findings of the commission have been referred to the Competition Tribunal, which has been asked to levy a penalty of 10% on the annual turnover of three of the four firms named. The four are Aveng Africa’s Duraset; RSC Ekusasa [...]

Independent service provider appointed for SA Mining Charter review

South Africa has appointed an independent service provider to conduct a review of the country’s Mining Charter, Mineral Resources Minister Susan Shabangu said on Thursday. Speaking at the Africa Downunder conference, in Perth, Shabangu said that the review was an important process for all stakeholders, and added that the department planned to announce the outcome [...]

NGOs helping world tribunal to uphold human rights in SA mining legislation

Four non-governmental organisations (NGOs) had joined together in seeking to assist the international arbitration tribunal in interpreting the relevant South African mining legislation in light of the country’s constitutional and international human rights obligations, Wits University’s Centre for Applied Legal Studies (CALS) said on Monday. Lodging a public-interest intervention request in the case of Piero [...]

SA mining sector expected to shed more jobs

South African mineworkers would face even harsher times over in the coming months as job losses were expected to accelerate in the next quarter, the Congress of South African Trade Unions (Cosatu) general secretary Zwelinzima Vavi warned on Thursday. Vavi, who was speaking at a National Union of Mineworkers (NUM) conference, said that the mining [...]

SA mining sector expected to shed more jobs in next quarter

South African mineworkers would face even harsher times over in the coming months as job losses were expected to accelerate in the next quarter, the Congress of South African Trade Unions (Cosatu) general secretary Zwelinzima Vavi warned on Thursday. Vavi, who was speaking at a National Union of Mineworkers (NUM) conference, said that the mining [...]

SA mining output expected to fall further this year – Fitch

The outlook for South Africa’s mining output remained dim, with a recovery in demand and market conditions for commodities not expected to occur before 2011, ratings agency Fitch Ratings reported on Friday. The agency expected the country’s mining output to decline further during 2009, as a result of the global economic downturn, saying that weak [...]

SA mining law changes may result in further mining right application delays – lawyer

The proposed changes to South Africa’s Minerals and Petroleum Resources Development Act (MPRDA), especially around community interest and environmental regulation, were likely to add to delays currently experienced in acquiring mining and exploration rights. Law firm Webber Wentzel partner Manus Booysen said that the Amendment Bill would give the country’s Minerals and Energy Minister the [...]

SA mining sector faces problems – Minister

South African Finance Minister Trevor Manuel said on Friday the mining and automobile sectors would face "enormous difficulties" but this was not unique to local industries. Manuel told reporters after returning from the G20 summit in London that South Africa’s economy was holding in the face of the crisis, and that he came away from [...]

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