Mining amendments ‘threaten investment’ The Chamber of Mines expected the government to address its concerns over planned amendments to mining laws that threatened to deter investment, it said on Friday. The portfolio committee on mineral resources held public hearings last week on planned changes to the 2002 Mineral and Petroleum Resources Development Act, which propose that the state be able to force mine operators to process some output locally and declare some minerals strategic to secure supplies. Anglo American and other mining companies say the law would affect their businesses negatively and gives the mineral resources minister too much regulatory discretion. Full story: lnkd.in/bGEAv8Z
Posted on: Mon, 16 Sep 2013 07:37:26 +0000
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