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Mining Financial Provision Mprda

The Liability of Historical Mine Authorization Holders for .

THE LIABILITY OF HISTORICAL MINE AUTHORIZATION HOLDERS FOR REHABILITATION . mines has extensive financial consequences for the state and indirectly, for the . the Minerals Act 50 of 1991 (MA) and its regulations. The transitional provisions in the MPRDA provide that mining rights obtained in terms of the MA (old order rights) must be .

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Progress in the transition of the regulation of mining .

Under the One Environmental System the requirements for financial provision for the environmental impacts of mining operations is to be regulated by NEMA and no longer the MPRDA.

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A Primer – Financial Provisions for Environmental .

No prospecting or mining for minerals, or exploration or production of petroleum resources can take place unless the financial provision is in place and an environmental authorisation has been granted.

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Assuring your compliance to the new mine closure .

to the new mine closure provisioning regulations . Financial Provision for Prospecting, Exploration, Mining or Production Operations: GNR 1147 Financial . Previous financial provision requirements under MPRDA Section 41 of the MPRDA, which has subsequently been

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South Africa adds legislation | Global law firm | Norton .

South Africa adds legislation . . New financial provision regulations promulgated for mining in South Africa. . Under the regulations, an applicant or holder of a right or permit issued in terms of the MPRDA is required to make financial provision for rehabilitation and remediation, decommissioning and closure activities at the end of .

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FINANCIAL PROVISIONING REGULATIONS, 2017 | Werksmans .

FINANCIAL PROVISIONING REGULATIONS, 2017. . ("MPRDA") Regulations, 2004. . The regulation 10 obligations require applicants to ensure that their financial provision is made in line with the plans and reports set out in the Draft Regulations, and that this determination is submitted as part of the considerations in the environmental .

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Mine closure, rehabilitation and retention of financial .

• The MPRDA prescribes circumstances whena mining company must apply for a closure certificate. Many . Current situation MPRDA s.43(6) (retention of financial provision) . Retention of financial provision (and why 20 years is inappropriate (s.43(6))

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The MPRDA Amendments: Practical Implications

The MPRDA Amendments: Practical Implications ELA Annual Conference 2013 Salt Rock Hotel, Balito . Financial provision . mining operation and which is stockpiled, stored or accumulated for potential re-use, or which is disposed of, by the holder of a .

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10 FINANCIAL PROVISION - ERM

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.

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Financial Provision Regulations 20Nov2015 - Warburton

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_20Nov2015.docx

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Financial Provisions for Rehabilitation and Closure in .

4 WWF-SA Mining Financial Provisions Summary the eStIMAtIoN AND ADeqUACy oF FINANCIAL PRovISIoNS Mining companies are required under section 39 of the MPRDA to draw up an Environmental Management Plan (EMP) for approval by the Department

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Progress in the transition of the regulation of mining .

Under the One Environmental System the requirements for financial provision for the environmental impacts of mining operations is to be regulated by NEMA and no longer the MPRDA.

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12 CLOSURE, REHABILITATION AND POST MINING LANDUSE

12 CLOSURE, REHABILITATION AND POST MINING LANDUSE . Regulation 37(1) promulgated under the MPRDA requires that the quantum of the financial provision must be based on the requirements of the . quantum of the financial provision for the entire mining area as shown in . Table

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THE STRUGGLE TO ACHIEVE COOPERATIVE GOVERNANCE .

the definition of "financial provision" in the MPRDA, which only contained a general requirement for financial provision for holders of mining authorisations to undertake rehabilitation of the affected areas, has been deleted. The new provision in NEMA is more onerous.

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Cliffe Dekker Hofmeyr - "Crippling" 2015 Mining Financial .

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. The Chamber of Mines has stated that it could have a crippling effect on the mining industry.

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mining financial provision mprda - manveesingh

In terms of the Mineral and Petroleum Resources Development Act (Act 28 of 2002 as amended), the Minister must grant a prospecting or mining right if among others the mining "will not result in unacceptable pollution, ecological degradation or damage to the environment".

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Proposed NEMA Regs: financial provision - South Africa

The Proposed Regulations, which apply to a holder under the Mineral and Petroleum Resources Development Act, 28 of 2002 (the "MPRDA"), will regulate the "method for determining and making financial provision for the costs associated with the management of environmental impacts" caused by mining activities and operations.

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Proposed mining financial provisioning regs will .

The Proposed Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations, designed to completely overhaul the National Environmental Management .

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Proposed Regulations pertaining to the Financial .

financial provision has remained and will have significant cost implications for mining companies. Whereas under the MPRDA financial guarantees related to closure were for the most part calculated internally and reviewed by external specialists, reviewed

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The National Environmental Management Act 107 of .

Article by Bronwyn Parker Objective The National Environmental Management Act (NEMA) has undergone numerous amendments in the preceding years, with these amendments primarily focused on encompassing mining activities under the regulations of the Act. Many of the amendments consist of a transfer of certain provisions from the Mineral and Petroleum Resources Development Act ("MPRDA.

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Ms F C Bikani, MP - Centre for Environmental Rights

Ms F C Bikani, MP Acting Chairperson of the Portfolio Committee on Mineral Resources . Submission to Portfolio Committee on Mineral Resources on the MPRDA Amendment Bill: Closure, rehabilitation and financial provision (section 43 of the . adequacy of financial provisions made by mining .

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mining financial provision mprda – Grinding Mill China

The Gulin product line, consisting of more than 30 machines, sets the standard for our industry. We plan to help you meet your needs with our equipment, with our distribution and product support system, and the continual introduction and updating of products.

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"One Environmental System" state of readiness; Mine .

"One Environmental System" state of readiness; Mine Closure Financial Provisioning Regulations . and latent impacts manifesting post closure. The intention is to allow the financial provision sum related to latent defects to be ceded to the Department of Mineral Resources (DMR) to allow for closure of mines and wrapping up of boards and .

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Mining | Global law firm | Norton Rose Fulbright

The potential environmental liability of the mine must be assessed annually and the financial provision must be increased to the satisfaction of the Minister of Mineral Resources. . however, is governed by the MPRDA and guided by the Mining Charter published in terms of the MPRDA (Mining Charter), a revised version of which was published on .

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proposed changes to financial provisioning - Webber Wentzel

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 activities.

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One Environmental System - ELA

mining activities were regulated in terms of the MPRDA •Notwithstanding, some construction activities related to . through one environmental system which is the principal Act . • DEA develops regulations for mining • Financial provision regulations are more comprehensive – identified the

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Financial Provisioning Regulations related to mining .

Section 41 of the MPRDA, which has subsequently been deleted, required an applicant for a prospecting right, mining right or mining permit to make a prescribed financial provision for the .

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Mineral and Petroleum Resources Development Bill

In Mining Alert 2/2013 and 3/2013 we discussed the Cabinet approval of the Mineral and Petroleum Resources Development Bill 2012, at the end of May 2013, for tabling in Parliament, and some of the more important proposed amendments.In this Alert, we highlight the amendments in the Mineral and Petroleum Resources Development Bill (MPRDA .

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Pitfalls arising from the financial provision for mining .

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 .

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Mining Closure and Rehabilitation Plan - IDM .

Mining Closure and Rehabilitation Plan . The applicant for a mining permit/right must make prescribed financial provision for the rehabilitation or . As with NEMA and NWA, there is a provision in the MPRDA (Section 45) for the DMR to direct an operation to investigate, evaluate, assess and report on the impact of any pollution or .

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