Section 37A of the ITA grants a tax deduction for payments made to a dedicated mining rehabilitation funds ("the rehabilitation fund") and requires the funds to be strictly utilised in accordance with their objects. These rehabilitation funds are typically created as companies or trusts. What happens though, when the rehabilitation fund is no longer needed, or has fulfilled its purpose and
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GDP From Mining in South Africa increased to 227400.35 ZAR Million in the fourth quarter of 2019 from 226361.45 ZAR Million in the third quarter of 2019. GDP From Mining in South Africa averaged 233666.65 ZAR Million from 1993 until 2019, reaching an all time high of 251119.50 ZAR Million in the fourth quarter of 2006 and a record low of 214553.50 ZAR Million in the first quarter of 2009.
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Mine Closure and Rehabilitation in South Africa: Moving Beyond Denial? Professor Tracy Humby CER Mine Closure Seminar Sunnyside Hotel, 5 May 2016 . One can discern the same five figures in the way our social consciousness attempts to deal with the forthcoming apocalypse. The first reaction is one of ideological denial: there is no fundamental disorder; the second is exemplified by explosions
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Mining in South Africa is recognised as a key element of economic development. However, as significant public resources are now required to deal with the legacy of mining in the Witwatersrand basins, there is growing public concern that those who profit from mining are not footing the bill for environmental damage caused by their operations.
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This section contains tender notices, project information, procurement news, procurement plans, contract awards from South Africa pertaining to Minerals and Mining sector. Click here to view the government, semi-government, PSU etc. Tender Notices according to the country sectors/categories.
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The Mineral and Petroleum Resources Development Act No. 28 of 2005 (the MPRDA), the National Environmental Management Act No. 107 of 1998 (NEMA) and the National Water Act No. 36 of 1998 (NWA) and the Regulations thereto regulate the impacts of mining operations conducted in South Africa on the environment and prescribe statutory duties in respect of, inter alia, environmental standards,
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African Sun Mining (Pty) Ltd, is a proudly South African, Black-Owned, top opencast mining contractor, established in 2011. The aim is to develop and grow African Sun Mining (Pty) Ltd to be the best hard and soft rock mining company, both in South Africa and internationally, with a commitment to Zero Tolerance on Safety.
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South Africa has, and still is, relying heavily on mining activities to generate wealth that could be translated into economic development, infrastructure and employment. Formal mining in South Africa is more than 100 years old. Early legislation focused on 'surface rehabilitation' and the primary emphasis of mining was on its economic gains.
Read moreFor its study titled "Full Disclosure: the Truth about Mining Rehabilitation in South Africa"‚ Intellidex assessed the annual financial disclosures of 11 JSE-listed coal and platinum mining
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Rehabilitation and closure in South Africa SRK Consulting discusses rehabilitation for mine closure in South Africa, and the value of knowing what can be achieved Topsoil harvesting for rehabilitation in advance of open-cast mining Asset Management > Life-cycle-end-of-life-management; 09 August 2018 comments; share. Staff reporter. EZshot EZDet (EZD) for surface blasting coming soon!
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South Africa has a long and somewhat troubled history when it comes to mine closure. Looking at the topography of the greater Johannesburg area, the remnants of the gold mining industry are evident by the many rehabilitated mine dumps which litter the skyline. Most mining operations are viable for around 30 years, depending on the mineral mined and the reserves available, but the environmental
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Rehabilitation Of Uitkyk Asbestos Mine – South Africa. Oct 22, 2018. 0. views. Deadline: 19 Nov 2018. TI Ref ID: 438809700 . Organisation Details. Organisation: MINTEK: Address: Mintek, Tender Box 002, 200 Malibongwe Drive, Randburg Contact Person:F Mahloana: Tender Details. Document Type: MINTEK: Bidding Type: Not Specified: Project Location: SOUTH AFRICA: Tender Notice No.
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Rehabilitation and Closure in South African Mining: Discussion Document on Challenges and Recommended Improvements . page 2 | WWF-SA Mining Financial Provisions ACKNOWLEDGEMENTS This report was made possible with funding from the World Wide Fund for Nature (WWF) and with appreciated guidance from its staff including Malango Mughogho and Dr Deon Nel. We would also like
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As the result of poor mine rehabilitation performances in South Africa, not one single gold mine tailings dam received a mine closure certificate according to Section 28(1) of the MPRDA, 2002
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The Nedbank South African Junior Mining and Exploration Index, established in September 2006, provides a measure of performance of all the South African listed junior mining and exploration stocks, excluding oil and gas. To meet investor demand for a tradeable entry into these shares, a derivative version of this index was launched a few months later. The Nedbank South African Junior Mining
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13.06.2019· The impact of artisanal mining on rehabilitation efforts of abandoned mine shafts in Sutherland goldfield, South Africa. Mhlongo SE(1), Amponsah-Dacosta F(1), Muzerengi C(1), Gitari WM(2), Momoh A(3). Author information: (1)Department of Mining and Environmental Geology, University of Venda, Thohoyandou, South Africa.
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The newly released Financial Provisions for Rehabilitation and Closure in South African Mining: Discussion Document on Challenges and Recommended Improvements report, commissioned by WWF-SA, recognises that Mining in South Africa is a key element of economic development. However, ongoing concerns regarding environmental degradation in mining areas, the high number of
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In South Africa, mining is encroaching on our strategic water source areas. 1 In Mpumalanga, which contains most of the countrys high yield soils, and where coal mining has dramatically reduced the availability and productivity of this land, its impacts have potential implications for our future food security. 2 Mining is also increasingly being permitted near to or in protected areas and
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14.06.2018· View the report online at https://fulldisclosure.cer.org.za
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Investment Group is a wholly owned subsidiary of Old Mutual (South Africa) Limited. Reg no 1993/003023/07. WHO WE ARE Old Mutual Investment Group's Absolute Return Investments boutique is a niche investment manager, and we have been entrusted with the management of environmental management trust assets by many mining houses. OUR CUSTOMISED
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