Page 8 - Mining Weekly News Today

Despite a plethora of significant local and international challenges facing the South African diamond industry, the 2023 Kimberley International Diamond Symposium (KIDS) will focus on finding ways of planning for the future and finding solutions together, rather than fixating on the many negatives.    The symposium, which is presented by the South African Diamond Producers Organisation (Sadpo) in collaboration with the Geological Society of South Africa (GSSA), will take place from Aug...

Chile's total copper production fell 0.8% in April to reach 416 200 t, government copper commission Cochilco announced on Friday. Chile is the world's top miner of the highly-conductive red metal.

More succinct licence processes are needed to attract exploration investment in South Africa,  Pearl Gray Equity and Research managing partner Steve Booyens said on Friday. “There are loads of investors in North America, London and the European Union that want to invest, but they're afraid of delay costs, opportunity costs and poor governance,” said Booyens, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.)

South Africans can see and feel the devastating effects of daily power cuts on their lives and livelihoods. The country’s literacy crisis, by contrast, is far less visible but its impacts are likely to be even more devastating if not addressed. The 2021 Progress in International Reading and Literacy Study shows that the percentage of Grade 4 learners, children aged either nine or ten years old, who cannot read for meaning in any language has increase to over 81%. In 2016, the figure stood ...

Lapa South-West will be developed through three wells, connected to the existing Lapa floating production storage and offloading facility.

The Trans-Caledon Tunnel Authority (TCTA) has come a long way since being established in 1986 to fund and implement the South African portion of the Lesotho Highlands Water Project (LHWP), gaining momentum on several other projects critical to South Africa’s economy. Since its original mandate – financing, building, operating and maintaining the LHWP’s Delivery Tunnel North – the TCTA has received several directives, transforming into a multiproject entity tasked with fun...

Fruitful discussions are taking place on flow-through shares to incentivise junior mining and exploration, Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell said on Thursday. In response to Mining Weekly, Mitchell said the Minerals Council was doing a lot of work to facilitate engagements between the Johannesburg Stock Exchange and its junior, emerging and exploration members and associations.

More succinct licence processes are needed to attract exploration investment in South Africa,  Pearl Gray Equity and Research managing partner Steve Booyens said on Friday. “There are loads of investors in North America, London and the European Union that want to invest, but they're afraid of delay costs, opportunity costs and poor governance,” said Booyens, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.)

Engineering News editor Terence Creamer discusses the latest updates on the actions South Africa is taking to address the electricity crisis, including positive developments on the distributed generation and trasnmission grid investment fronts, but with the immediate prognosis in terms of loadshedding remaining bleak. The country also faces the risk of making potentially extremely costly decisions as it considers options for the procurement of electricity to be generated by Karpowership.  

Mining Weekly Editor Martin Creamer discusses Anglo American's “next phase of delivery”; the JSE's hope to attract junior mining and exploration companies to list.; and Sibanye-Stillwater’s 89 MW wind energy project.