Mantashe publishes changes to Minerals Bill
On June 9, Mineral and Petroleum Resources Minister Gwede Mantashe gazetted an erratum to the Mineral Resources Development Bill, initially published for public comment on May 20.
The correction removes the requirement for Ministerial consent on changes of control in listed companies, and eliminates the controversial empowerment clause relating to prospecting rights.
These changes directly address key concerns raised by stakeholders in the June 13 cover story of Engineering News & Mining Weekly. The erratum was gazetted after we went to print, and is therefore not reflected in the print version of that edition’s article.
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