Amendments worsen SA mining's regulatory uncertainty, says Leon

The revised Mineral and Petroleum Resources Development Amendment (MPRDA) Bill of 2007 seems to have worsened South African mining's regulatory uncertainty, says International Bar Association mining law committee senior-vice chair Peter Leon.

Act discourages foreign investment – mining law specialist

Legal company Webber Wentzel Bouwer partner Peter Leon told the South African Institute for Race Relations (SAIRR) that restrictive legislation could scare off prospective investors in the country's mining industry.

Clarity lack may deter oil, gas investment, Leon warns

South Africa is attempting to grow the country�s production of oil and gas by actively seeking investment in the 2007 licensing round for a number of blocks offshore the South African coast.

Multiple factors hamper mining investment

A spectre is haunting South Africa - the impoverished ghost towns from Namaqualand to Vryheid. These monuments to mining's negative legacy have spooked government since 1994 into targeting the industry for transformation. However, its regulatory...

AS mining commodities boom, SA mining investment slumps

There is growing concern in the South African mining industry that this country is missing out on the global commodities boom, owing to government policies and concomitant inadequacies of key State-owned infrastructure companies.

SA coal eclipses gold and not far off PGMs

COAL has overtaken gold in terms of the value of total sales, making coal the second largest earner in the South African mining sector.

Regime not conducive to attracting new investors - Leon

Instead of rolling out the welcome mat to investors, South Africa�s new mining regulatory regime is spooking new mining business.

New-order mineral-rights pain

The expropriation of mineral rights under the Mineral and Petroleum Resources Development Act (MPRDA) could cost the State billions of rands.