Mining joint ventures | Insights | Mayer Brown

Mining joint ventures. January 08, 2021 Mining joint ventures. Author: Robert Hamill; Generate PDF. To read complete article visit Mining Journal (subscription required) Share. Rob Hamill examines the role of joint ventures in the growth and diversification strategy of mining companies. You can read more on this topic here. …

Morobe Mining Joint Ventures | LinkedIn

About us. Morobe Mining Joint Ventures (MMJV) is a 50-50 joint venture between Harmony Gold Mining Company Limited of South Africa and Newcrest Mining Limited of Australia. MMJV was formally established in August 2008 and encompasses current and future mining, project and exploration activities in Morobe Province, Papua New Guinea.

Are large-scale joint ventures making a …

Gold miners Gold Fields and AngloGold Ashanti have announced plans to merge their neighbouring Tarkwa and Iduapriem mines, in Ghana, under a new joint venture. Excluding the interest to be held …

Gold Fields and AngloGold Ashanti propose Ghana JV to …

Proposed Joint Venture. The Proposed Joint Venture would create the largest gold mine in Africa and one of the largest in the world, It will be a high-quality operation, supported …

Mining pioneers and top SA businessmen Lucky

Two respected South African mining aficionados have joined forces with the incorporation of their newest joint venture, Tlou Commodities, to engage and grow the local mining sector during what is certainly a volatile time in the world. This announcement highlights the latest endeavour of mining stalwarts, Lucky Kgatle and Quinton van der …

INSIDE DIAMOND MINING ICONS Joint Ventures Between …

So, at an estimated 20% of GDP about 80% of foreign earnings as well as about 60% of diamond supply and more than 50% of De Beers revenue, Debswana's impact on the economy and return on ...

Joint ventures and tax considerations | South Africa

Here we summarise some of the key tax considerations when structuring a joint venture and then managing the joint venture on an ongoing basis. Structuring the joint venture . General. One of the primary goals in structuring a joint venture is to ensure that it is set up in a tax-efficient way so as to minimise tax leakage on any profits made.

Advantages of joint ventures in mining

Joint ventures, rather than outright acquisitions, have the advantage of spreading the risks associated with complex minerals that may not provide the margins of the traditional bulk commodities. As the trend gathered pace, the world's largest listed BHP Group (BHP.AX), this month said it had spent $40 million to advance a nickel project in …

Sylvania announces chrome-PGM joint venture in South Africa

Sylvania announces chrome-PGM joint venture in South Africa - Mining Technology. News. Sylvania announces chrome-PGM joint venture in South Africa. …

Morobe Mining Joint Ventures | LinkedIn

Morobe Mining Joint Ventures (MMJV) is a 50-50 joint venture between Harmony Gold Mining Company Limited of South Africa and Newcrest Mining Limited of Australia. MMJV was formally established in ...

Form Over Substance: Structuring a Mining Joint Venture

Form Over Substance: Structuring a Mining Joint Venture. February 22, 2019. 2018 has seen a marked uptick in the use of the mining joint venture (JV) in the industry as mining companies spend more on exploration and look for strategic partners to invest in expanding projects. While the jurisdiction in which the JV will be based is the main ...

South African metals group awarded joint venture …

A diversified South African metals processing business that has expanded into Africa, on Tuesday announced that it had been awarded a copper slag project that will be executed in joint venture (JV ...

Africa's Top Mining Opportunities

Namdeb, a 50-50 joint venture between the government and De Beers that mimics a similar diamond mining model in Botswana, also represents the sector's strong company and government leadership. London based Weatherly International's $89 million investment in Namibia's first refined copper project best represents the opportunity for ...

Gold Fields & AngloGold Ashanti propose joint …

The partnership would facilitate the creation of Africa's largest gold mine. Gold Fields and AngloGold Ashanti have agreed on the essential terms of a proposed joint venture (JV) in Ghana, which will …

Majwe Mining Joint Venture – BCM, Botswana Chamber of Mines, Mining …

In Setswana, the term Majwe denotes "small stones" and Jwaneng means "place of stones". Contact details: Majwe Mining Joint Venture. Tel: + 267 580 4300. Physical Address: Majwe Mining Joint Venture. Plot 503, Jwaneng Industrial Site, Jwaneng Botswana. Postal Address: Majwe Mining Joint Venture.

Gecamines plans overhaul of mining JVs in world's top …

Gecamines also scored an $800 million settlement to end a dispute over mineral royalties and $1.2 billion in dividends over the life of the Tenke mine. The deals has prompted Gecamines' push to ...

Growing African Mining Industry Through Joint Ventures …

Equity Joint Ventures ("EJV") is the more common type of JV in Africa. Compared to Contractual Joint Venture, which is basically a legal agreement without incorporating an entity, EJV is a legal agreement backed up by incorporating a JV Company as a "ProjectCo" for the purpose of mining initiatives. African mining industry has …

Gold Fields and AngloGold Ashanti Plan Joint …

March 30, 2023. Gold Fields, one of the world's largest gold mining firms, and AngloGold Ashanti, a Denver-based mining company, have announced their proposed joint venture to create the biggest gold mine …

Gold Fields and AngloGold Ashanti Propose Ghana JV to Create Africa…

The Proposed Joint Venture would create the largest gold mine in Africa and one of the largest in the world. It will be a high-quality operation, supported by a substantial mineral endowment and ...

Joint ventures in context: Expert interviews

Raj Karia and Nick Adams discuss joint ventures in the mining industry

Gold Fields, AngloGold to form JV to create Africa's largest …

Credit: AngloGold Ashanti. Gold Fields has agreed to form a joint venture (JV) with AngloGold Ashanti to create what they claim to be Africa's biggest gold mine. The JV will combine Gold Fields ' Tarkwa gold mine and AngloGold Ashanti 's adjacent Iduapriem gold mine. The two mines are located near the town of Tarkwa in Ghana's …

Africa's Top Mining Opportunities

Africa's Top Mining Opportunities. Africa is rich in resource wealth. It is estimated to contain 30 percent of the world's mineral resources, including bauxite, cobalt, copper, gold, graphite, iron ore, …

Mining arbitration in Africa | South Africa | Global law firm

Foreign investments in the mining sector in Africa often follow a pattern whereby mines are operated through a joint venture between a foreign investor and a state or state-owned entity. The latter brings or lends mining titles to the joint venture and the foreign investor provides funding, resources and the expertise necessary for both the ...

Mutamba strategically important for southern Africa

Mutamba strategically important for southern Africa. The Mutamba heavy mineral sands project, which AIM-listed diversified resources group Savannah Resources is developing in joint venture with mining major Rio Tinto, is a strategic undeveloped mineral sands deposit in Mozambique. While still in the early stages of development, the project …

Chinese Companies Announce up to $7 Billion Investment in …

KINSHASA — Chinese construction companies will invest up to $7 billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of Congo, they said on Saturday. Both parties agreed to maintain the current structure of the shareholding, while the Chinese partners ...

Joint ventures on the increase in mining finance, says …

Alexander Keepin tells GlobalData: "Mining companies tend to use a few [finance] sources. There's commodity based finance, such as royalty finance metal streams offtakes pre-payments. They use ...

Tanzania Enters Into More Joint Ventures With Mining Firms

Government yesterday signed an agreement with four mining companies to form joint ventures (JV), a move which is meant to set the stage for Tanzanians to benefit from the country's natural resources.

KEM JV Mine (Kimberley Ekapa Mining Joint …

The Kimberley Mines acquisition comprised of a number of tailings dumps in Kimberley and the high volume Central Treatment Plant, at a cost of ZAR102 million (ca. US$7.2 million). Petra and Ekapa Mining then …

Joint Ventures in Mining | Insights | Mayer Brown

Joint ventures (JVs) in the mining industry are on the rise. In 2019, Barrick and Newmont partnered to combine their assets in Nevada – creating the world's largest …

Advantages of joint ventures in mining

Advantages of joint ventures in mining. Grace Kisembo February 8, 2022 News, Tanzania Comments Off 1,643 Views. Joint ventures, rather than outright …

Developing Successful Joint Ventures in Mining | Deloitte …

Joint ventures (JVs) can be a natural solution. Yet, even when structured right, JVs often fail due to unclear decision-making processes, ineffective governance, …

Sylvania announces chrome-PGM joint venture in South Africa

South African platinum group metals producer Sylvania has announced a joint venture (JV) between its South African unit and fellow miner ChromTech's Limberg Mining for the extraction of platinum group metals (PGM). The 50/50 Thaba JV (Thaba JV) will extract platinum from historic tailings dumps and run-of-mine deposits from the …

Joint ventures: An overview | South Africa

Depending on the underlying rationale for the joint venture, its anticipated level of operating autonomy and the skill sets of the joint venture partners, goods/and or services may be provided to the JV company by one or more shareholders. Where this is the case, a number of issues should be considered.