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Policy and Regulatory Framework for South Africa's Mining ...

Feb 07, 2019· There's never been a more pertinent time to reflect on the current landscape of the mining industry in South Africa than now. The year 2018 was …

4th Edition - Werksmans

mining industry. The mining industry in South Africa is also affected by the law of contract. The terms and conditions applicable to a prospecting right and mining right are those agreed between the Minister and the holder of the right in a notarially executed prospecting right and mining right. Furthermore, often mining companies enter into

Mining in South Africa - Lexology

Jul 18, 2018· Companies wishing to raise financing for mining activities are able to look to both domestic banks as well as various international financial institutions which have a …

Companies Act: Regulations | South African Government

South African Government Let's grow South Africa together

Department of Mineral Resources - Last day for Mining ...

South Africa is open for business and the country has vast mineral resources and government is committed to support investors and grow junior miners to be at a level of big mining companies. The partnership between the two department brought over 50 Junior miners in response to the launch of the Junior Miners Program in 2017.

State of Mining in Africa In the spotlight

mining community and media scrutiny. Over the past 12 months, we have seen mining companies seeking to restructure their African interests either through changes in investment intent or through seeking to ring-fence African assets into separate entities to realise more value in those assets of their broader portfolio.

Legal: Recent developments in the regulation of the mining ...

1 Department of Mineral Resources, Republic of South Africa, "Amendment of The Broad-Based Socio-Economic Empowerment Charter for the South African Mining and Minerals Industry", September, 2010. 2 The Amended Charter defines a "BEE entity" as an entity of which a minimum of 25% + 1 vote of share capital is directly owned by HDSAs.

MANAGING ENVIRONMENTAL COMPLIANCE FOR THE …

Mining companies operating within the South African environmental sphere have an obligation to adhere to the legal obligations, norms, standards, principles and guidelines as contained in South Africa's multifaceted network of environmental legislation. Stemming from the vast array of environmental legislation that companies have to contend ...

SA Mine 9th edition - 2017 - PwC South Africa

and how South Africa's uncertain regulatory environment will be shaped in future. Scope Our findings are based on the financial results of mining companies with a primary listing on the Johannesburg Stock Exchange (JSE), as well as those with a secondary listing on …

Mining Charter III - Deloitte

Sale of South African Mining Assets A maximum of 11% offsetting is permissible through investing and ... mining companies towards the Mining Transformation and Development Agency 1% 3% Samples Measure Target Score ... Africa Energy & Resources Leader Direct: +27 (0)11 517 4221

A Minerals and Mining Policy for South Africa

ii. Mining is an international business and South Africa has to compete against developed and developing countries to attract both foreign and local investment. Many mining projects in South Africa have tended to be unusually large and long term, requiring massive capital and entailing a …

WHEN MINES BREAK ENVIRONMENTAL LAWS

When a mining company mines or uses water without a licence or does not obey the terms of the licence, the company is breaking the laws contained in the MPRDA, the NEMA and/or the NWA. These are the most important pieces of legislation determining when …

Mine Closure and Rehabilitation in South Africa: Moving ...

May 05, 2016· May 05, 2016· insurance products –many companies now offer mining rehabilitation guarantees Insurance seen as a more cost-effective way of making financial provision, although requires collateral But premiums not tax deductible (s 23L, ITA) Recommendations of Davis Tax Committee: Intergovernmental Task Team to look at tax

Mining Law 2022 | Laws and Regulations | South Africa | ICLG

Sep 13, 2021· South Africa: Mining Laws and Regulations 2022. ICLG - Mining Laws and Regulations - South Africa covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, …

THE SOUTH AFRICAN LEGISLATIVE FRAME ViORK FOR …

Mining does in general have a substantial impact on the environment, and has unfortunately left South Africa with an enormous economic, social and environmental legacy. Prior to the enactment of the Minerals Act, 1991 (Act 50 of 1991), mining companies used irresponsible