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India relaxes rules governing mining leases ahead of mineral auctions

By: Ajoy K Das     8th March 2016 In a deal sweetener ahead of mineral block auctions by Indian provinces, the federal government has relaxed rules governing mining leases and offered greater flexibility to mining investors. In a set of new rules, titled Mineral Concession Rules 2016, the government relaxations included free... 

Gold tailings, mine rejig tender out in Tanzania

By: Martin Creamer     21st September 2015 October 15 is the deadline for expressions of interest in a proposed joint venture (JV) with Tanzania’s State mining corporation for the processing of old gold tailings and the redevelopment of the Buhemba gold mine. Tanzania’s State-owned mining corporation Stamico states in a tender... 

Strong calls for incentives for South African juniors

By: Martin Creamer     3rd June 2015 Strong calls were made on Wednesday for South Africa to come into line with countries such as Canada and Australia by introducing effective incentives for its junior miners as a way of spurring mineral exploration. Addressing the Junior Indaba on funding and what South Africa could learn from... 

BHP offered partnership with domestic major to return to Indian oil, gas blocks

By: Ajoy K Das     4th December 2013 India has offered mining giant BHP Billiton a collaboration with domestic exploration and production (E&P) major ONGC Limited as an option to lure the major back to the nine oil and gas block it relinquished by in October. India’s Petroleum and Natural Gas Ministry said that an alliance between... 

Discounted subscription offer now available for new subscribers

     4th December 2013 Subscribe to the website and print editions of Mining Weekly at a 50% discounted rate. A subscription, at R440 (US$170) includes the following benefits: All Mining Weekly content Access to all search results Access to the Projects Browser The weekly editions of Mining Weekly (postage included)... 

Second Indian province mulls limiting iron-ore mining for captive use

By: Ajoy K Das     23rd July 2013 The iron-ore rich, southern Indian province of Karnataka was considering restricting the issue of fresh mining leases to allow for captive ore use by steel mills. According to an official of the provincial government of Karnataka, mining leases which had been cancelled for illegal mining... 

India plans to tap free reserves of govt companies for overseas acquisitions

By: Ajoy K Das     26th April 2013 The Indian government is exploring mechanisms for pooling the free cash reserves of government-owned mineral and mining companies to acquire mineral and energy assets overseas. The new proposal followed the government’s rejection of floating a dollar-denominated $10-billion sovereign wealth fund... 

Migration to global exchanges has hurt SA’s own exchange – Mantashe 

By: Martin Creamer     1st March 2013 Allowing South African companies to migrate to global stock exchanges has impacted negatively on South Africa’s own exchange, African National Congress (ANC) secretary-general Gwede Mantashe contends. In a guest column in the latest edition of Mining Weekly, Mantashe also criticises what he... 

Resilient South African mineworkers now ‘doin' it for themselves’

By: Martin Creamer     23rd January 2013 South Africa’s hard-pressed mineworkers – like sisters in the popular dance song – are now "doin' it for themselves", lifting themselves up by their own dusty bootstraps into a new era of affordable self-education and training. The hitherto-low-profile Mineworkers Investment Trust (MIT) – which... 

Company Announcement: Online Auctions Gain Momentum with Big Mining Houses

     6th September 2012 In wake of the recent overhaul of the auction industry at large, there is evidence of changing behaviour patterns of both buyers and sellers as they look to the CPA and international markets for guidance 

On top of the online world!

By: Terence Creamer     16th May 2008 As we were putting this edition to bed, we received the wonderful news that Engineering News Online has been independently ranked as the fastest growing news website in South Africa, for the period between March 2007 and March 2008. In fact, Creamer Media, which is the publisher of this... 

Creamer Media tops Nielsen's list of fastest growing SA websites

By: Creamer Media Reporter      7th May 2008 Independent publisher Creamer Media boasts three of South Africa's four fastest growing websites for the year to March 2008, online media measurement and analysis company Nielsen Online reports. Creamer Media's Engineering News Online claimed top spot, with Mining Weekly Online... 

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