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An Assessment of the Efficacy of South Africa¿̐ưs Legal Framework in Addressing Key Challenges Related to Liability for Mine Closure and Rehabilitation

2019
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Release : 2019
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Book Synopsis An Assessment of the Efficacy of South Africa¿̐ưs Legal Framework in Addressing Key Challenges Related to Liability for Mine Closure and Rehabilitation by : Mmathapelo Lehutso

Download or read book An Assessment of the Efficacy of South Africa¿̐ưs Legal Framework in Addressing Key Challenges Related to Liability for Mine Closure and Rehabilitation written by Mmathapelo Lehutso. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: Similar to most jurisdictions with a long history of mining, the South African government and ultimately the citizens are bearing the financial brand and associated problems of past mining activities. It is trite that the mining industry has the ability to potentially translate non-renewable natural resources of a nation into mineral wealth through exploration and exploitation, making a significant contribution towards sustainable economic and social development. Metaphorically comparable to a double-edged sword, the same industry can disruptively impose adverse social and economic impacts while dramatically degrading the environment. The aim of this study is to assess the efficacy of South Africa¿̐ưs legal framework in addressing rehabilitation and mine closure liability. The dissertation will focus on three key challenges, namely, socio-economic aspects, financial provision as well as cumulative and integrated impacts. Mine-affected communities continue to suffer from the adverse environmental impacts harmful to their health and wellbeing as a result of mining operations. When a mine closes, communities are often left socially and economically devastated due to loss of employment and other socio-economic benefits that mines provided. The shortcomings and implications of the financial provision requirement for rehabilitation will be assessed as well as the lack of closure strategies to address cumulative and integrated impacts that lead to long lasting negative social, economic and environmental impacts. Overarching, the study intends to contribute to the current discourse on the regulation of rehabilitation and mine closure liability and recommend solutions that can be viable in mitigating the challenges and risks associated with this process in South Africa.

South Africa

2015-09-08 Business & Economics
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Release : 2015-09-08
Genre : Business & Economics
Kind : eBook
Book Rating : 806/5 ( reviews)

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Book Synopsis South Africa by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book South Africa written by International Monetary Fund. Fiscal Affairs Dept.. This book was released on 2015-09-08. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Assistance report reviews South Africa’s tax system and also examines the fiscal regime with a view to generating a sustainable revenue contribution from mining and petroleum in future. Mining has historically been the mainstay of the South African economy. Mineral exports remain the principal contributor to foreign exchange earnings on the current account. South Africa is not yet a significant producer of crude oil or natural gas. Oil and gas exploration nevertheless shows promise. Taxation is far from top of the list in current challenges facing the development of extractive industries in South Africa. The national goal of economic and social transformation in favor of Historically Disadvantaged South Africans has major impact on the mining sector.

Mining for Closure

2005 Political Science
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Release : 2005
Genre : Political Science
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Book Synopsis Mining for Closure by : Philip Peck

Download or read book Mining for Closure written by Philip Peck. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: This report is intended as a checklist and guidebook on best practices related to mining. It aims to present a basis for action within South Eastern Europe and the Tisza River Basin towards the development of regulatory frameworks and governance guidelines suitable for the support of a modern mining industry in the region. In particular, the report seeks to present a number of options and ideas that can be applied to address the funding and execution of mine closure and mine rehabilitation while still achieving social and economic conditions suitable for new and ongoing mining activities.

Mining Royalties

2006-01-01 Technology & Engineering
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Release : 2006-01-01
Genre : Technology & Engineering
Kind : eBook
Book Rating : 037/5 ( reviews)

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Book Synopsis Mining Royalties by :

Download or read book Mining Royalties written by . This book was released on 2006-01-01. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a wealth of information and analysis relating to mineral royalties. Primary information includes royalty legislation from over forty nations. Analysis is comprehensive and addresses issues of importance to diverse stakeholders including government policymakers, tax administrators, society, local communities and mining companies. Extensive footnotes and citations provide a valuable resource for researchers.

Mine Closure

2008-09-01 Science
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Release : 2008-09-01
Genre : Science
Kind : eBook
Book Rating : 184/5 ( reviews)

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Book Synopsis Mine Closure by : N.C. Saxena

Download or read book Mine Closure written by N.C. Saxena. This book was released on 2008-09-01. Available in PDF, EPUB and Kindle. Book excerpt: Mining is basically an intermediate use of land and it causes various impacts on all the components of environment. In most situations the impacts on land are severe and may cause the land to become useless for any economic use after mining. Since, the mining companies take land areas which have been in various uses before the onset of mining activities it should have been obligatory for the companies to develop the land areas for uses most suitable for the economic activities after mining. Though this was known right from the inception of the mining activities the efforts towards developing the land after mining were negligible. This has resulted in devastation of mined out land in many locations in the country. Keeping in view the importance and the necessity of development of land areas legislation have been formulated for mine closure. The legislation are recent not many mines have been closed in accordance with the provisions therein. A lot of work is still required to be done to make mine closure really effective. All over the world the importance of the mine closure is being realized due mainly to the following reasons. Closure planning at all the stages in a mine's life is important to the economics of a mine and such a planning results in a large cost savings. In this book the following aspects of mine closure planning and implementation in the opencast and underground mines, with special reference to the mining situations in the India, have been outlined. 1. Impacts of mining on environmental components and their roles in mine closure planning; 2. Legal, social and economic necessity of mine closure; 3. Land use planning as a tool for mine closure planning and implementation; 4. How to incorporate mine closure in mine planning; 5. Mine closure planning in underground and opencast mines; 6. Implications of mine fires in mine closure; 7. Mine closure planning for small mines; 8. Taking care of the abandoned mines, i.e., closure of abandoned mines; 9. Economics of mine closure; 10. Management of ecology during mine closure. The book is expected to be useful to the practical mining engineers and environmen- talists in mine planning and design. It should also be useful to the researchers and students of mining and environment.

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