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Investor Protection: Security of tenure of mining rights ...

 · But, at a deeper level, does South Africa afford sufficient protection to foreign investors who hold mining rights or intend to acquire such rights? The attractiveness of South Africa as an investment destination of choice for mining has seen a significant drop due to a number of factors.

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mining rights in south africa - shibang-china.com

Minerals and mining | South Africa Online. Mining rights are valid for a maximum of 30 years and renewable for another ... South Africa's gold production decreased b 7.2% from 272.1 t in 2006 to 252.6 t ...

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South Africa to suspend mining rights - CNBC Africa

 · South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources ...

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Mining tax - PwC South Africa

Mining forms one of the leading industries in South Africa, playing a vital role in the economy. Due to the complexity of the South African tax laws and the impact thereof on the industry, its is necessary to have a thorough understanding of not only the tax legislation, but also the specific needs of the South African mining industry.

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How populism is making its presence felt in miningInsights ...

Africa has not been untouched by the impact of global populism, the effects of which are probably most apparent in economic sectors such as mining, where land use and rights come to the fore. A quick look at Kenya, South Africa and Tanzania shows that in the mining sphere certainly, the rights of communities are enjoying unprecedented attention.

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© EcoPartners, 2016 Applying for a Prospecting Right in ...

found in economic concentrations in South Africa. To get on the mining 'conveyor belt' starts with acquiring exploration rights. In South Africa exploration rights is called the prospecting right. To secure the prospecting right is a process that can take between 12 months and 24 months. There have been …

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5 things you should know about the new mining rights ...

5 things you should know about the new mining rights moratorium in South Africa. Mineral Resources Minister Mosebenzi Zwane proposed restrictions on mining licenses. However, South Africans fear that it would further increase unemployment in the country.

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mining rights in south africa - shibang-china.com

Minerals and mining | South Africa Online. Mining rights are valid for a maximum of 30 years and renewable for another ... South Africa's gold production decreased b 7.2% from 272.1 t in 2006 to 252.6 t ...

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South Africa Mining Production | 2019 | Data | Chart ...

Mining Production in South Africa averaged -0.08 percent from 1981 until 2019, reaching an all time high of 23.20 percent in October of 2013 and a record low of -17.40 percent in March of 2016. This page provides - South Africa Mining Production- actual values, historical data, forecast, chart, statistics, …

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Mineral property valuation in South Africa: A basket of ...

rights requires it. In South Africa a mineral right has always been regarded as an immovable property, which resulted in a need for these rights to be considered in addition to prospecting rights, mining rights or any other agreements over mineral properties Exploration properties are those over which legal rights …

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New order mining rights four years into a new mining ...

 · IntroductionrnThe Mineral and Petroleum Resources Development Act, 2002 ((MPRDAA) came into force on 1 May 2004 and ushered in a new regime for the exploitation of mineral and petroleum resources in South Africa. In line with this new regime, all rights to minerals and petroleum …

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Mineral property valuation in South Africa: A basket of ...

rights requires it. In South Africa a mineral right has always been regarded as an immovable property, which resulted in a need for these rights to be considered in addition to prospecting rights, mining rights or any other agreements over mineral properties Exploration properties are those over which legal rights have been issued in the past.

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New order mining rights four years into a new mining ...

 · IntroductionrnThe Mineral and Petroleum Resources Development Act, 2002 ((MPRDAA) came into force on 1 May 2004 and ushered in a new regime for the exploitation of mineral and petroleum resources in South Africa. In line with this new regime, all rights to minerals and petroleum resources issued under the MPRDA are suitably referred to as new order rightss. rnrn

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South Africa: Western Cape Opposes National Government's ...

 · This is because the applicant for the prospecting rights - controversial Australian mining company Mineral Commodities Ltd through its South African subsidiary Mineral Sands Resources that ...

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The South African mineral and petroleum resources royalty ...

The main purpose of the Royalty Act is to collect royalties from South African mines holding mining rights granted in terms of the Mineral and Petroleum Resources Development Act (MPRDA, 2002). The intention is to compensate the State for its custodianship over South Africa's non-renewable mineral …

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South African mining rights application process open to ...

Corruption Watch researcher Amanda Shivamba discusses the vulnerabilities in South Africa's mining rights application process that may contribute to corruption.

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Apply for a mining permit | South African Government

The Minister of Mineral Resources will issue a mining permit if all the requirements have been met. How long does it take. The South African Mineral Resources Administration System will inform you immediately if your application has been accepted (this means you have met all the requirements). How much does it cost

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Mining and minerals in South Africa

Prospecting and mining rights in South Africa are granted in terms of the Mineral and Petroleum Resources Development Act No 28 of 2002 for a fixed duration.Prospecting rights are granted for a maximum period of 5 years renewable for a further single period not exceeding 3 years, and mining rights are granted for a maximum period of 30 years renewable for further 30 year periods.

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© EcoPartners, 2016 Applying for a Prospecting Right in ...

found in economic concentrations in South Africa. To get on the mining 'conveyor belt' starts with acquiring exploration rights. In South Africa exploration rights is called the prospecting right. To secure the prospecting right is a process that can take between 12 months and 24 months. There have been reports that prospecting

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Mining News

A Vital Industry The mining industry in Africa is an important source of earnings for the continent. For many African countries mineral exploration and production for export is the key to economic stability and growth. The industry provides innumerable jobs and supports thousands of local families.

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South African mining rights application process open to ...

Nonprofit organisation Corruption Watch says it has identified vulnerabilities in the mining rights application process that gives rise to corruption between mining companies, government authorities and community leaders. A new report 'Mining for Sustainable Development', which was released in …

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South Africa: Activists in Mining Areas Harassed | Human ...

 · (Johannesburg) – Community activists in mining areas in South Africa face harassment, intimidation, and violence, the Centre for Environmental Rights, groundWork, Earthjustice, and Human Rights ...

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Cliffe Dekker Hofmeyr - Mine dumps in South Africa: an ...

The South African landscape is filled with mine dumps bearing testament to South Africa's rich mining heritage. In laymen's terms the phrase 'mine dump' refers to an area where excess material containing forms of mineral(s) were left (either valuable or of no value to the miner) by the person who won the minerals from the earth in accordance with his/her right or entitlement to mine.

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South Africa - The Mining Law Review - Edition 5 - The Law ...

Nevertheless, foreign investors continue to hold the majority of mining interests in South Africa, including large mining projects owned by Anglo American, AngloGold Ashanti, BHP Billiton and the like. A number of smaller mining companies, especially Canadian and Australian, are also developing new projects in South Africa. II LEGAL FRAMEWORK

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Hundreds rally behind Xolobeni community in mining rights ...

 · Communities affected by mining across South Africa have rallied behind a legal battle to grant residents the power to refuse companies mining rights. On Tuesday, lawyers in …

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South Africa: How Mining Damages Communities and the ...

 · Mining-affected communities across South Africa have said that mining needs to respect the customary rights of the people who have lived on the land for generations, even if …

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South Africa: Mining Charter calls for 30% black ownership ...

 · Swift legal action is expected against the contentious charter released by SA minister of Mineral Resources Mosebenzi Zwane. There was no backing away from the newly gazetted third iteration of the Mining Charter, which increased black ownership levels to 30% for mining rights, and 50% …

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Corporate Social Responsibility in South Africa's Mining ...

Corporate Social Responsibility in South Africa's Mining Industry: Redressing the Legacy of Apartheid Madeleine Busacca Claremont McKenna College This Open Access Senior Thesis is brought to you by [email protected] It has been accepted for inclusion in …

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The top ten deepest mines in the world - Mining Technology

 · Eight of the ten deepest mines in the world reside in a particular region of South Africa, while the remaining two - Kidd Creek and Creighton - are both located in Ontario, Canada. Mining-technology.com profiles the top ten deepest mines in the world. AngloGold Ashanti's Mponeng gold …

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CONTRADICTIONS IN LEGISLATION ON MINING AND ITS …

LEGISLATION ON MINING AND ITS COMMUNITY BENEFITS February 2015 WHAT'S IN IT FOR SOUTH AFRICA? Mining in the Economy: South Africa has nearly 90% of the world's known platinum reserves and more than 40% of the gold still in the ground; Mining accounts for about R260-billion or 8.3% of total annual production in South Africa.

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AngloGold Plans to Sell Last South Africa Mine as Era ...

 · AngloGold Ashanti Ltd. plans to sell its last South African mine, marking the exit of Anglo American Plc and the companies it spawned from the industry that created Africa's biggest economy.

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Mining Rights versus Community Rights – SAIIA

In September 2008, the committee challenged the legality of the awarding of mining rights to the Australian company Mineral Resource Commodities through its South African subsidiary, Transworld Energy and Mineral Resources. The challenge was based on the concern that the mining …

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Mineral resources | South African Government

Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.