South Africa's New Mining Moratorium Announced

In a bid to provide better mining regulation and transparent functioning of government the Minerals Resources Minister of South Africa Susan Shabangu announced a new mining moratorium in Pretoria yesterday.

The new moratorium will come into effect from September 1, 2010.

Susan Shabangu said that all prospecting rights would now be issued by the head office rather than regional offices. The cases where double licenses have been granted will be resolved within the next 3 months. All information on the status of exploration and mining applications will also be made available on the department’s website.

Shabangu also mentioned that short comings had been identified in the Mineral and Petroleum Resources Development Act and amendments will soon be submitted to Parliament. The turnaround time of issuing licences for prospecting will also be reduced from six months to three. Issuing of mining licenses will also be reduced to 6 months.

The moratorium is an effort to repair the country’s mining reputation which has taken a severe beating with the demands to nationalize all mines coming from one wing of the ANC.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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