https://newsletter.en.creamermedia.com
Exploration|Flow|Mining|Flow
Exploration|Flow|Mining|Flow
exploration|flow-company|mining|flow-industry-term

Treasury must be instructed to incentivise mining exploration as a matter of urgency

15th April 2022

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

Former Finance Minister Trevor Manuel once promised to introduce a flow-through scheme to incentivise mineral exploration but instead gazetted a scheme that finance boutiques seemed to like.

Not a single mining company took it up. Many efforts were made to communicate that other countries had perfected exploration incentivisation and that there was no need for Treasury to try and reinvent the wheel. But getting through to Treasury proved impossible. Treasury must now be instructed by those able to do so to go about exploration incentivisation in the right way.

Treasury must be made to acknowledge that without mining’s massive recent tax contribution, it would have been up the creek without a paddle. It must also be made to realise that without exploration, mining will cease to exist, and if mining ceases to exist, there will be no economic bail-out next time the South African economy runs aground.

To watch Creamer Media's latest video reports, click here
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (25/07/2025)
Updated 4 hours ago By: Martin Creamer

Showroom

Graduate School Of Technology Management (GSTM)
Graduate School Of Technology Management (GSTM)

Advancing leadership in technology, innovation, and project management excellence

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 18 July 2025
Magazine round up | 18 July 2025
18th July 2025
Lanseria to get several major upgrades
Lanseria to get several major upgrades
16th July 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.155 0.251s - 173pq - 2rq
Subscribe Now