mining financial provision mprda

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2389 Provision for mining rehabilitation

Mining companies in South Africa are required to make financial provision in terms of the Mineral and Petroleum Resources Development Act No 28 of 2002 (the MPRDA), read with the National Environmental Management Act No 107 of 1998 (NEMA), for the rehabilitation of the mining areas on which mining activities are conducted (this will in future ....

Environmental | GCS

In terms of Section 41 (3) of the MPRDA, an applicant must make the prescribed financial provision for the rehabilitation or management of negative environmental impacts GCS makes use of the Department of Mineral Resources (DMR) Guideline Document for the Evaluation of Financial Provisions made by the Mining Industry...

10 FINANCIAL PROVISION

The financial provision for the environmental rehabilitation and closure of any mine and its associated mining operations forms an integral part of the MPRDA, and is addressed in Sections 41(1), 41(2), 41(3) and 45 of the Act...

SOCIAL AND LABOUR PLAN GUIDELINES

The 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 industri 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 of mining or ....

Financial Provision Of Stone Crusher

history of crushing plant - India financial provision of stone crusher; , history of stone crusher is manufactured from Shanghai Xuanshi,It is the main mineral processing solutions...

mining financial provision mprda

mining financial provision mprda Pitfalls Arising From The Financial Provision For Mining Rehabilitation- mining financial provision mprda ,Mining companies generally make financial provision for rehabilitation by virtue of rehabilitation trusts or financial guarantees through a financial institution or lately, insurance polici Although a ,...

Downscaling of operations and retrenchments

Downscaling of operations and retrenchments: A new approach to compliance with the provisions of the Mineral and Petroleum Resources Development Act 28 of 2002 and sections 189/189A of the Labour Relations Act 66 of 1995 There have been glimmers of hope of a recovery in the mining industry, with ....

MINING & MINERALS

The Financial Provision Regulations (2015 Regulations) publication under the National Environmental Management Act 107 of 1998 (NEMA) in November 2015 was widely criticised in the media...

proposed changes to financial provisioning

The Bill - proposed changes to financial provisioning Note : Reference to a holder of a right granted in terms of the Mineral and Petroleum Resources Development Act 28 of 2002 (MPRDA) refers, among other things, to a range of mining, prospecting, exploration and production activiti...

FINANCIAL PROVISION REGULATIONS

FINANCIAL PROVISION REGULATIONS Title: , This financial instrument may also not be used by an applicant/ holder for a mining permit in terms of the Mineral and Petroleum Resources Development Act 2002 (MPRDA) , upon the issuance of the Closure Certificate in terms of the MPRDA, such financial provision must be ceded ,...

Financial Provision Regulations 20Nov2015

the Regulations Pertaining to Financial Provision for Prospecting, Mining, Exploration and Production Operations (the Financial , upon the issuance of the Closure Certificate in terms of the MPRDA, such financial provision must be ceded to the Minister , Financial Provision Regulations_20Nov2015docx...

September 2016

Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations September 2016 However, changes to environmental legislation related to mining prompted the ministers of the Department of Environmental Affairs (DEA) and the...

MINING & MINERALS

financial provision provided through financial instruments under the MPRDA with the 2015 Regulations before 20 February 2017 (Alignment Assessment) Due to the significant issues arising from the 2015 Regulations and legislative amendments required to rectify this, the DMR has conveyed that this deadline will be amended to extend...