financial provision mining

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FINANCIAL PROVISIONING REGULATIONS, 2017 | …

FINANCIAL PROVISIONING REGULATIONS, 2017. ... mining permit, mining ... The regulation 10 obligations require applicants to ensure that their financial provision is ...

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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.

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MINE CLOSURE FROlVI A LEGAL PERSPECTIVE: …

It will investigate the financial provisions ... issue of residual legal liability of a mining company once a closure certificate has been issued.

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snl.com - SNL Financial

snl.com - SNL Financial

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The challenge of mining rehabilitation - Old Mutual

The challenge of mining rehabilitation ... Proposed regulations stipulate more stringent terms around financial provision for closure and rehabilitation ...

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R30 billion is just the start of South Africa's mining ...

It also calls for improved public access to data and information on financial provisions, ... "South Africa's mining industry is the one of the largest in the ...

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IFRS and the mining industry - IAS Plus

IFRS and the mining industry ... which include a provision for profit margins. ... International Financial Reporting Standards ...

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Concepts for the Regulations Pertaining to the …

Concepts for the Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations May 2016

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Financial Provisioning Regulations related to mining ...

On 20 November 2015, the Minister of Environmental Affairs for South Africa, promulgated the Regulations for financial provision for prospecting,

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The restriction on the use of Rehabilitation Trusts for ...

The restriction on the use of Rehabilitation Trusts for Mine Closure in terms of the Financial Provision Regulations, 2015 Posted by Nick Magowan on Apr 14, 2016 in News, Uncategorized

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National environmental management act 107 of 1998 ...

National environmental management act 107 of 1998: regulations pertaining to the financial provision for prospecting, exploration, mining or production operations

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Guidance on Financial Provision for Environmental …

financial provision for environmental liabilities is important to protect the environment and also to ... Mining Waste Directive (2006/21/EC);

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Pitfalls arising from the financial provision for mining ...

Mining companies generally make financial provision for rehabilitation by virtue of rehabilitation trusts or financial guarantees through a financial…

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New Financial Provision Regulations Under NEMA ...

 · Exacting requirements for the mining industry and an alert for environmental guarantee insurers: the new financial provision regulations under the National Environmental Management Act (NEMA).

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Pitfalls arising from the financial provision for mining ...

Author: Gerdus van Zyl - Tax Advisor at ENSafrica Mining companies generally make financial provision for rehabilitation by virtue of rehabilitation trusts or financial guarantees through a financial institution or lately, insurance policies.

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Tabling of NEMA financial provision regulations imminent ...

The next draft of the proposed changes to the NEMA Financial Provision Regulations ... of NEMA financial provision regulations ... the mining industry with ...

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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.

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Green groups fight rehabilitation regulations | Fin24

Environmentalists have warned of financial risk and burden on the state should the environmental affairs department relax regulations that require mines to provide enough financial provision for rehabilitation.

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mining financial provision mprda

Closure and Rehabilitation - The EWT Mining toolkit. Ask what the closure objectives for the prospecting or mining are and how those objectives will be ...

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GUIDELINE DOCUMENT FOR THE EVALUATION OF …

i guideline document for the evaluation of the quantum of closure-related financial provision provided by a mine

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Tabling of amended NEMA financial provision regulations ...

The next and, presumably, final draft of the proposed changes to the NEMA Financial Provision Regulations are expected to be published any day now.

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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.

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Do Social and Labour Plans Belong to Communities ...

Belong to Communities? Strategies of advocacy, research and litigation Alternative Mining ... • The sufficiency of parameters determining the financial provision ...

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South Africa: New Financial Provision Regulations Under ...

Exacting requirements for the mining industry and an alert for environmental guarantee insurers: the new financial provision regulations under the National ...

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New financial provision regulations promulgated for mining ...

Recent changes to the laws on the financial provision for closure and rehabilitation of mining operations represent a major step in enhancing the principle of sustainable development and giving effect to the duty to rehabilitate environmental degradation, but are they affordable in the current climate?

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GENERAL CLAUSES AND CONDITIONS - EMITS …

Chapter 4 General financial provisions Chapter 5 Execution of work ... The following general clauses and conditions shall apply to contracts placed by the

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