[miningmx.com] – PROPOSED amendments to the Minerals & Petroleum Resources Development Act (MPRDA) may be held over until after national elections in South Africa which have been scheduled to take place on May 7.
Faith Bikani, acting chairperson of parliament’s mineral resources committee, told Bloomberg News: “Quite frankly if it means taking the law over to the next Parliament, let it be rather than just passing it without deeply looking into the issues.’ This was after the committee adjorned deliberations on the law until next week.
“It looks like the law’s being kicked into touch, which is a good thing given how bad it is,’ said Peter Leon, head of Africa mining and energy projects at law firm Webber Wentzel.
“While it will prolong uncertainty for the mining and oil industries, it will give them more time to consider its implications,’ he said.
Click here to read the full article
