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  • Financial Provisioning Regulations, 2017 - Werksmans

    On 20 November 2015, the National Environmental Management Act No. 107 of 1998 (“NEMA“) “Financial Provisioning Regulations, 2015″ GNR1147 GG 39425 (“2015 Regulations“) were promulgated, resulting in a significant shift of thinking from the longstanding ‘simple’ Regulation 53 and 54 process, contained in the Mineral and Petroleum Resources Development Act (“MPRDA ...

  • FINANCIAL PROVISION REGULATIONS - Shangoni

    Any financial provision submitted in terms of regulations 53 and 54 of the MPRDA Regulations for which approval is pending or under review when these regulations came into effect, must be dispensed with in terms of regulations 53 and 54, as if those regulations were not repealed.

  • Financial Provision Regulations 2019- Publications ...

    Jan 08, 2019  Prior to the publication of the Financial Provision Regulations 2015, holders of mining rights were required to comply with Section 41 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002 (“MPRDA”) read with MPRDA Regulation 53 and 54.

  • MINERAL AND PETROLEUM RESOURCES DEVELOPMENT ACT

    MINERAL AND PETROLEUM RESOURCES DEVELOPMENT ACT 28 OF 2002 (Gazette No. 23922, Notice No. 1273 dated 10 October 2002. Commencement date: 1 May 2004 [Proc. No. R25, Gazette No. 26264]) MINERAL AND PETROLEUM RESOURCES DEVELOPMENT REGULATIONS Published under Government Notice R527 in Government Gazette 26275 dated 23 April 2004.

  • GUIDELINE DOCUMENT FOR THE EVALUATION OF THE

    The Mineral and Petroleum Resources Development Act (MPRDA), (Act No. 28 of 2002) and its Regulations was promulgated on 1 May 2004. Financial provision for environmental rehabilitation and closure requirements of mining operations forms an integral part of the MPRDA, as was the case with the now repealed Minerals Act, 1991 (Act 50 of 1991).

  • 文件大小: 878KB
  • Assuring your compliance to the new mine closure ...

    the MPRDA Regulations of 2004, Regulations 53 and 54, regulated the making of financial provisions and prescribed a payment method. These have now been superseded by GNR 1147. Financial Provisioning Regulation, 2015 (GNR 1147) NEMA requires the following: “Section 24P – Financial provision for remediation of environmental damage

  • Explanatory note i.t.o. the Regulations Pertaining to the ...

    Explanatory note i.t.o. the Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations ... Section 43 of the MPRDA. No provision was previously made for instances where ... and assessment of the financial provision. •Regulation 15 no longer requires approval of the plans,

  • overnment aette Staatskoerant

    3. Application of Regulations CHAPTER 2 FINANCIAL PROVISION 4. Determination of financial provision 5. Scope of financial provision 6. Method for determining financial provision 7. Availability of financial provision 8. Financial vehicles used for financial provision 9. General requirements for financial provision 10.

  • MINERALAND PETROLEUM RESOURCES DEVELOPMENT ACT

    41. Financial provision for remediation of environmental damage 42. Management of residue stockpiles and residue deposits 43. Closure certifi cate 44. Removal of buildings, structures and other objects 45. Minister’s power to recover costs in event of urgent remedial measures 46. Minister’s power to remedy environmental damage in certain ...

  • 文件大小: 172KB
  • MPRDA regulations widen the obligation to consult

    New amendments to regulations to the Mineral and Petroleum Resources Development Act (MPRDA) take the requirement for mines to consult on their environmental impacts and Social and Labour Plans one step further, to “meaningful” consultation. The amendments also introduce the long-awaited alignment with the One Environmental System and new details on the appeals process.

  • Financial Provision Regulations 20Nov2015 - Warburton

    • Financial provision that was approved in terms of the MPRDA Regulations must be regarded as approved in terms of these regulations and the holder must review and align such financial provision with the provisions of these regulations CHAPTER 5 – GENERAL MATTERS • Certain offences are identified in regulation 18.

  • Financial Provision Regulations NEMLA Bill

    Financial Provision Regulations NEMLA Bill Proposed amendments as a result of the public ... 22 of the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002), ... “financial provision” means the insurance, financial guarantee,

  • Financial Provision Regulations 2019 - Environment - South ...

    Prior to the publication of the Financial Provision Regulations 2015, holders of mining rights were required to comply with Section 41 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002 ("MPRDA") read with MPRDA Regulation 53 and 54.

  • Cliffe Dekker Hofmeyr - Overhaul of financial provision ...

    The publication of the Financial Provision Regulations for Prospecting, Exploration, Mining or Production Operations by the Minister of Environmental Affairs on 20 November 2015 (2015 Regulations) was met with significant resistance, with the Chamber of Mines noting that it would have a “crippling effect” on the mining sector.

  • FINANCIAL PROVISION - SAHRIS

    1.2. MPRDA – Financial Provision Legislation According to Section 41(3) of the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002) the Department of Minerals Resources (DMR), as well as Regulations 53 and 54 promulgated in terms of the MPRDA

  • Mining 2020 Laws and Regulations South Africa ICLG

    Unlike the MPRDA and the MPRDA Regulations, the FP Regulations require that financial provision must be made for “annual rehabilitation, as reflected in the annual rehabilitation planfinal rehabilitation, decommissioning and closure of themining operations at the end of the life of operations, as reflected in the final rehabilitation ...

  • FINANCIAL PROVISIONING REGULATIONS, 2017

    Regulation 53 and 54 process, contained in the Mineral and Petroleum Resources Development Act (“MPRDA”) Regulations, 2004. The 2015 Regulations were immediately applicable to applicants financial provision to be set aside – double accounting; and for a prospecting right, mining permit, mining right, exploration

  • Minister Nomvula Mokonyane publishes amendments to ...

    May 21, 2019  These purpose of these Regulations are to make financial provision for costs associated with the remediation and rehabilitation of environmental impacts associated with mining activities. As a result of continued discussion with stakeholders, the Minister published proposed amendments to the Regulations on 10 November 2017, for public comment.

  • Transition from MPRDA 2002 to NEMA Continues Mining Law ...

    The transition from the Mineral and Petroleum Resources Development Act 2002 (MPRDA) to the National Environmental Management Act, 1998 (NEMA) continues. ... The portion of financial provision which may be required to rehabilitate residual or any other environmental impacts of the closed mine is required to be ceded to the Minister responsible ...

  • Amendments to the Mineral and Petroleum Resources ...

    The amendments also introduce regulations dealing with the lodgment of applications under section 52 and 53 of the Mineral and Petroleum Resources Development Act, 2002 (the “ MPRDA”) and ...

  • High Level Summary of the Financial Provisioning ...

    terms of a provision of these Regulations must be regarded as having been undertaken in terms of the provision of the regulations. n Financial provision submitted in terms of regulations 53 and 54 of the Mineral and Petroleum Resources Development Regulations, 2004 for which approval is pending when R1147 takes effect (20

  • Regulations - Petroleum Agency SA

    Overview Regulation Division is responsible for performing the following regulatory functions in terms of the Mineral and Petroleum Resources Development Act, 2002 (Act No.28 of 2002) (MPRDA) and the National Environmental Management Act, 1998 (Act No.107 of 1998) (NEMA): - Receive, process applications for different types of permits/rights and make recommendations to the Minister of Mineral ...

  • New financial provision regulations under NEMA

    Financial Provision Prior to these Regulations, the required quantum for financial provision was determined through reference to Regulations 53 and 54 under the MPRDA, and the Guideline Document for the Evaluation of the Quantum of Closure-Related Financial Provision Provided by a Mine, prepared by the Department of Minerals and Energy (as it ...

  • Cliffe Dekker Hofmeyr - “Crippling” 2015 Mining Financial ...

    Aug 26, 2016  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.

  • High Level Summary of the Financial Provisioning ...

    terms of a provision of these Regulations must be regarded as having been undertaken in terms of the provision of the regulations. n Financial provision submitted in terms of regulations 53 and 54 of the Mineral and Petroleum Resources Development Regulations, 2004 for which approval is pending when R1147 takes effect (20

  • Regulations - Petroleum Agency SA

    Overview Regulation Division is responsible for performing the following regulatory functions in terms of the Mineral and Petroleum Resources Development Act, 2002 (Act No.28 of 2002) (MPRDA) and the National Environmental Management Act, 1998 (Act No.107 of 1998) (NEMA): - Receive, process applications for different types of permits/rights and make recommendations to the Minister of Mineral ...

  • New financial provision regulations under NEMA

    Financial Provision Prior to these Regulations, the required quantum for financial provision was determined through reference to Regulations 53 and 54 under the MPRDA, and the Guideline Document for the Evaluation of the Quantum of Closure-Related Financial Provision Provided by a Mine, prepared by the Department of Minerals and Energy (as it ...

  • Cliffe Dekker Hofmeyr - “Crippling” 2015 Mining Financial ...

    Aug 26, 2016  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.

  • mining financial provision mprda - corsigratuitinapoli.it

    FINANCIAL PROVISION REGULATIONS Shangoni. 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 ...

  • Concerns remain around ‘much improved’ 2019 Financial ...

    Section 41 – since repealed – required the right holder to make financial provisions, in accordance with MPRDA Regulations 53 and 54, the former setting out the vehicles for provision and the ...

  • 2015 Environmental rehabilitation financial guarantee ...

    The financial provisions were regulated by the MPRDA, but in the last few years the laws have been amended to bring the regulation of financial provisions under the ambit of NEMA. The new 2015 Financial Provision Regulations published under NEMA came into effect on 20 November 2015.

  • New financial provision regulations under NEMA : Clyde ...

    Prior to these Regulations, the required quantum for financial provision was determined through reference to Regulations 53 and 54 under the MPRDA, and the Guideline Document for the Evaluation of the Quantum of Closure-Related Financial Provision Provided by a Mine, prepared by the Department of Minerals and Energy (as it then was) in 2005.

  • DEA CLARIFICATION NOTE ON FINANCIAL PROVISION REGULATIONS ...

    DEA CLARIFICATION NOTE ON FINANCIAL PROVISION REGULATIONS PUBLISHED. The Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations (GN R1147 on 20 November 2015) (“the Regulations”) were published on 20 November 2015 and the mining industry has raised its concerns regarding the implementation of these regulations.

  • SOCIO-ECONOMIC IMPACT ASSESSMENT SYSTEM (SEIAS)

    related to financial provision were provided for in the regulation themselves and not a guideline, as had been the case under the MPRDA regime. The Financial Provisioning Regulations were published under Government Notice R1147 dated 20 November 2015, in terms

  • PROPOSED REGULATIONS PERTAINING TO FOR THE

    government notice department of environmental affairs no. 2019 national environmental management act, 1998 (act no. 107 of 1998) proposed regulations pertaining to financial provisioning for the rehabilitation and remediation of environmental damage caused by

  • GUIDELINE FOR THE SUBMISSION OF A SOCIAL AND LABOUR

    FINANCIAL PROVISION ... 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 ... preparing the prescribed Social and Labour Plans specified in Part II of the Regulations of the (MPRDA).

  • Downscaling of operations and retrenchments

    Downscaling of operations and retrenchments: ... More recently, mining companies have also had to consider compliance with the Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations, 2015. ... the interpretation clause in section 4 of the MPRDA, and the provisions of MPRDA Regulation 46 ...

  • South Africa: Mining 2020 - Lexology

    Oct 17, 2019  In terms of the DME Guideline and the MPRDA Regulations, the selected financial provision must cater for the actual costs associated with the

  • Downscaling of operations and retrenchments

    Downscaling of operations and retrenchments: ... More recently, mining companies have also had to consider compliance with the Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations, 2015. ... the interpretation clause in section 4 of the MPRDA, and the provisions of MPRDA Regulation 46 ...

  • PROPOSED REGULATIONS PERTAINING TO FOR THE

    government notice department of environmental affairs no. 2019 national environmental management act, 1998 (act no. 107 of 1998) proposed regulations pertaining to financial provisioning for the rehabilitation and remediation of environmental damage caused by

  • DRAFT REVISED FINANCIAL PROVISIONING

    Regulations is in fact based on the definition of “latent” as contained in the MPRDA Regulations, as set out above, the fact that latent impacts (as defined in the MPRDA Regulations) will not be covered by the Draft Regulations, is unacceptable and not supported. Furthermore, any proposed amendments to the provisions relating to prospecting,

  • GUIDELINE FOR THE SUBMISSION OF A SOCIAL AND LABOUR

    FINANCIAL PROVISION ... 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 ... preparing the prescribed Social and Labour Plans specified in Part II of the Regulations of the (MPRDA).

  • South Africa: Mining 2020 - Lexology

    Oct 17, 2019  In terms of the DME Guideline and the MPRDA Regulations, the selected financial provision must cater for the actual costs associated with the

  • South Africa Mining Environmental Law Regulations ...

    The regulations require that all Rights Holders under the MPRDA make financial provision for the management, rehabilitation and remediation of the environmental impacts of Mineral Activities. Amounts must be calculated and determined by a specialist in line with the provisions of the regulations.

  • Rehabilitation Plan and Closure Cost Estimate for the De ...

    1 It should be noted that draft Regulations dealing with the financial provision for the closure of a mine and the calculation of the quantum of that provision are currently circulating for comment. These Regulations will have a significant impact on the provision for closure but this report is based on the Regulations applicable as at 1

  • Concerns remain around ‘much improved’ 2019 Financial ...

    Section 41 – since repealed – required the right holder to make financial provisions, in accordance with MPRDA Regulations 53 and 54, the former setting out the vehicles for provision and the latter describing the methodology for determining the quantum.

  • Regulations Pertaining to the Financial Provision for ...

    financial provision to the Minister DMR as part of the application for EA information –The applicant must provide proof of payment or arrangements to provide the financial provision prior to commencing with any prospecting, exploration, mining or production operations.

  • Financial Provisioning Regulations compliance timeframe ...

    Jan 20, 2020  In terms of the extension notice, the applicable Mineral and Petroleum Resources Development Act (MPRDA) rights holders now have until 19 June 2021 to comply with the Financial Provisioning Regulations and shall, until this date, be regarded as having complied with the Financial Provisioning Regulations if compliant with the financial ...

  • South Africa: Mining 2020 - The BEE Chamber

    Oct 18, 2019  Prior to 2 September 2014, financial provisioning was regulated by section 41 of the MPRDA read with regulations 53 and 54 of the MPRDA Regulations. These sections and regulations required that a mining right applicant make financial provision for rehabilitation of negative environmental impacts arising from their mining activities.

  • SOCIO-ECONOMIC IMPACT ASSESSMENT SYSTEM (SEIAS)

    related to financial provision were provided for in the regulation themselves and not a guideline, as had been the case under the MPRDA regime. The Financial Provisioning Regulations were published under Government Notice R1147 dated 20 November 2015, in terms

  • Proposed NEMA Regs: financial provision - South Africa

    Nov 06, 2014  Existing financial provisions approved in terms of the MPRDA will need to be reviewed and aligned with the Proposed Regulations when they come into effect. A holder will have 15 months to assess, review and adjust the sum of the financial provision in accordance with Regulation 9.

  • NEMA GNR 1147 Financial Provisions Comparison against

    • Regulations 53 and 54 regulated the making of financial provisioning and the prescribed payment method. • These have now been superseded by GNR 1147 • This presentation will give an overview on the main differences from a financial point of view between MPRDA S41 financial provisioning and GNR 1147 • Points to be discussed include:

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    The materials of processing: *

    • Granite
    • Limestone
    • Basalt
    • Pebble
    • Gravel
    • Gypsum
    • Marble
    • Barite
    • Quartz
    • Dolomite
    • Gold Ore
    • Copper ore
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