surface of land during and after prospecting and mining operations; and to provide for matters therewith. (Afrikaans text signed by the State President.) (Assented to 15 May 1991. ) E IT ENACTED by the State President and the Parliament of the Republic of South Africa, as follows:— ARRANGEMENT OF ACT CHAPTER 1 INTRODUCTION I. Definitions CHAPTER 11
Get More50. Minister may investigate occurrence, nature and extent of mineral resources 51. Optimal mining of mineral resources 52. Notice of profi tability and curtailment of mining operations affecting employ-ment 53. Use of land surface rights contrary to objects of Act 54. Compensation payable under certain circumstances 55
Get MoreThe Mineral and Petroleum Resources Development Act 28 of 2002 intends: to make provision for equitable access to and sustainable development of the nation's mineral and petroleum resources; and; to provide for matters connected therewith. Amends. Deeds Registries Act 47 of 1937; General Law Amendment Act 50 of 1956; Mine Health and Safety Act 29 of 1996
Get MoreDec 20, 1991 7.58 MB. 50 of 1991. The repealed Minerals Act 50 of 1991 intended: to regulate the prospecting for and the optimal exploitation, processing and utilization of minerals; to provide for the safety and health of persons concerned in mines and works; to regulate the orderly utilization and the rehabiJitatlon of the surface of land during and after prospecting and mining operations; and
Get MoreSize. act-30-1989.pdf. 1.48 MB. 30 of 1989. The Mineral Technology Act 30 of 1989 intends: to provide for the continued existence of the Council for Mineral Technology and for the management thereof by a Board; and. for matters connected therewith
Get MoreThe purpose of the Mineral and Petroleum Resources Development Act, 2002, (Act No 28 of 2002) (MPRDA) is amongst others to transform the mining and production industries in South Africa. In order to ensure effective transformation in this regard, the Act requires the submission of the Social and Labour Plan as a pre-requisite for the granting
Get MoreMinerals and Energy Laws Amendment Act, No. 11 of 2005 Mineral and Petroleum Resources Development Amendment Act, No. 49 of 2008 ... REAFFIRMING the State's commitment to reform to bring about equitable access to South Africa's mineral and ... Board means the Minerals and Mining Development Board established by section 57;
Get MoreMining and mineral beneficiation plays a pivotal part in South Africa’s economy. The country’s mineral reserves are among the most valuable in the world. South Africa has the world’s largest reserves of platinum group metals (PGMs) and manganese, and some of the largest gold, diamonds, chromite ore and vanadium deposits
Get MoreMINERAL AND PETROLEUM RESOURCES ROYALTY ACT: THE IMPACT ON THE FISCAL AND MINING INDUSTRY IN SOUTH AFRICA . by . JOLANDIE GROBLER . Student number: 04387775 . Submitted in partial fulfilment of the requirements for the degree . Magister Commercii in Taxation . in the . FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES . at the . UNIVERSITY OF
Get MoreWe are involved in a ground-breaking and complex multi-stakeholder facilitation including Anglo American South Africa Ltd, AngloGold Ashanti Ltd, Harmony Gold Mining Company Ltd, Gold Fields Ltd, Sibanye Gold Ltd, and African Rainbow Minerals Ltd, seeking resolution to a class action, and to establish future legal frameworks which are fair to
Get MoreThe imposition of mineral and petroleum royalties (“mining royalties”) in South Africa commenced on 1 March 2010 1 The Mineral and Petroleum Resources Royalty Act 28 of 2008 (the “Royalty Act”) regulates the imposition and calculation of mining royalties. Mining royalties are deductible for
Get MoreSep 13, 2019 To bring South Africa in line with prevailing international norms, the Department of Minerals and Energy promulgated the Mineral and Petroleum Resources Development Act, 2002 (MPRDA) in terms of which these resources are recognised as the common heritage of all the people of South Africa with the State as custodian thereof for the benefit of
Get Moreprincipal legislation governing mineral rights in South Africa was the Minerals Act, 19. which came in to effect in 1991. The MPRDA is amongst others to transform the mining and production industries in South African mineral resources. 20. 1.2 The problem stated. There is a general trend for mining companies not to contribute enough to the
Get MoreThe Mineral and Petroleum Resources Development Act 28 of 2002 (MPRDA) specifically prohibits mining without the required statutory authorisation (Section 5(4)). In South Africa, it is illegal to be in possession of unwrought precious metal ore, platinum group metals (PGMs), gold-bearing material and rough diamonds without the required
Get MoreThe Mineral and Petroleum Resources Development Act of 2002 has opened the doors to meaningful participation of black people in the exploration and exploitation of mineral resources. The Act enshrines equal access to mineral resources, irrespective of race, gender or creed. When the Act was passed, there was only one junior mining company
Get Morethe Mineral and Petroleum Resources Development Act, 2002, (Act No. 28 of 2002), after consultation with the Minister of Human Settlements, ... Strategy for Sustainable Growth and Meaningful Transformation of South Africa's Mining and Minerals Industry, 2010. 5 10 No. 42326 GOVERNMENT GAZETTE, 20 MARCH 2019. 1
Get Morethe Constitution of the Republic of South Africa, in inter alia section 9 on equality (and unfair discrimination) in the Bill of Rights; • The policy objective stated in the Mineral and Petroleum Resources Development Act to expand opportunities for historically disadvantaged persons to enter the mining and minerals industry or benefit from the
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