The avoidance of taxes involved in mining operations in many African countries, on its own, is claiming a growing proportion of affected states' income, says the IMF. According to an IMF report on the problem, Sub-Saharan countries are losing from $450 to $730 million a year in corporate income tax revenues shifted to other lower-tax ...
Mining has played a major role in the history of South Africa. It accelerated technological development and created infrastructure in remote areas in South Africa. Many small towns in South Africa started because of mining activity in the area. It also created a demand for roads and railways to be built.
Contemporary Migration to South Africa: A Regional Development Issue (2011) ... Mining in Africa: Are Local Communities Better Off? (2017) by Punam Chuhan-Pole, Andrew L. Dabalen, and Bryan Christopher Land ... Remote Sensing and Economic Activity 148 Data 151 Growth Model and Results 154 Conclusions 165 x CONTENTS.
The Extractive Industries and Society 2 (1). DOI: 10.1016/j.exis.2014.07.003. Kgothatso Nhlengetwa / Kim Andrea Annafrida Hein. Abstract. In the Durban Deep/Roodepoort area (Johannesburg), near to the site of the first gold discoveries in the 1880s, Zama-Zama (illegal) miners are widespread.
Implementing the global minimum corporate tax. This proposes that from 1 January 2024, South African multinationals with annual revenue exceeding €750 million will have an effective tax rate of at least 15%, regardless of where the profits are earned. This is in line with the OECD's base erosion and profit-sharing framework.
1. Introduction. In a global context, artisanal and small-scale mining (ASM) is critical in poverty reduction. The ASM sector is a viable pathway for creating sustainable livelihoods and poverty alleviation initiatives, specifically in sub-Saharan Africa (SSA) (Osumanu, 2020, p. 209; Mhangara et al., 2020).According to estimations, at least 40 …
Mining Matters to South Africa and its people. The mining industry continues to make an important contribution to the lives of employees, communities and the country through its contribution to the fiscus, taxes and royalties, by providing jobs and benefits, education and training and by investing in social projects and infrastructure.
Venetia is synonymous with the South African diamond mining industry. Located in Limpopo, it started production in 1992. Until it ceased open-pit operations at the end of 2022, it contributed 40 % of the country's annual diamond production. In 2013, De Beers announced that it would invest US$2.3 billion dollars in VUP, marking the single ...
A mining permit is a legal document issued by the government of South Africa that allows individuals or companies to engage in mining activities in the country. It grants the holder the right to extract minerals or other valuable resources from the land within the specified area.
Mining, however, necessitates the use of vast areas of land that could otherwise be used for agricultural cultivation. For example, Tsebe (2018) reported that a substantial proportion (92.6 percent) of respondents lost agricultural land (mostly grazing pasture) due to increased mining activity in Tubatse, South Africa. Because of the …
In South Africa these two are by far the largest sources of soil and water pollution, particularly PTE pollution, in the country. This is very serious because they are both concentrated in the largest staple food production areas of the country. This paper deals only with the impacts of gold mining activities in South Africa.
the National Heritage Resources Act, No. 25 of 1999; and. the National Environmental Management Air Quality Act, No. 39 of 2004. There are dramatic changes ahead for the environmental regulatory ...
This trend would characterise later generations of South African mining. Coal mining continued to expand until the turn of the 20th century, with deposits at Vereeniging and Witbank exploited from 1879 and 1895, respectively fuelling the region's growing industries. In the 1860s, two notable diamonds were unearthed; The 21-carat …
Mineral exploration, a critical phase in the mining industry, involves a multifaceted process to identify and evaluate potential mineral deposit sites. Combining geoscience with advanced technology, this process is the foundation for future mining operations, assessing its feasibility and impact. In South Africa, a country with vast …
Apply online. Pay the prescribed, non-refundable fee. The application will be accepted by the system once all requirements have been met. Who to contact: Department of Mineral Resources and Energy. E-mail: [email protected]. Tags. Department of Mineral Resources & Energy. Energy Council of South Africa.
In South Africa for example, the Mining industry has been the major driving force behind the economic success of the country with up to eight percent (8%) of the South African GDP contributed by ...
The global. demand for gold has triggered a surge in illegal. mining in various parts of the world, including. Indonesia, Venezuela (where 91% of gold. is produced illegally), Colombia (80%) and ...
As a result, not much consideration is given to how previously marginalized black communities continue to be dispossessed by coal-mining activities in democratic South Africa. In a paper that ...
The mining industry will be facing an even more complex environmental regulatory and legal framework once NEMLAB4, which was assented to and published as the National Environmental Management Laws ...
February 9, 2022. Mining stakeholders have a key role to play in ensuring a brighter future for mining communities. The communities surrounding mines have a critical role to play, not only in the feasibility of a mine, but in the long-term viability of the area after mining resources have dried up. Mining organisations have both a legal and ...
South Africa is the world's second largest producer of ilmenite (1.17 Mt), rutile (130 000 t) and zirconium (370 000 t). SA's biggest mining earners as recorded in June 2019 (Statistics SA): Coal: R 11 636 100 000 (26.02%) PGMs: R 11 481 900 000 (25.67%) Iron ore: R 6 172 800 000 (13.80%)
1. INTRODUCTION. This document is the report on the proceedings of an investigation undertaken by the South African Human Rights Commission (Commission or SAHRC) into issues and challenges relating to unregulated artisanal underground and above ground mining activities in South Africa.
Artisanal and small-scale mining (ASM) activities have contributed, in most cases, to the rural development of some African countries. Practically, these activities have influenced the ...
A brief overview of the primary environmental regulations applicable to mining activities in South Africa, including environmental review, permitting and remediation.
the National Environmental Management Air Quality Act 39 of 2004. The DME is the competent authority for approving environmental authorisations for prospecting and mining activities and activities ...
For decades South Africa's mining sector has been profiteering while neglecting mining communities' development needs. Most of these communities now have social problems. Recently, forces outside the sector – globalisation, the government, the communities themselves – have pressured the mining organisations to become …
When the country's mining industry collapsed, a criminal economy grew in its place, with thousands of men climbing into some of the deepest shafts in the world, searching for leftover gold. By ...
1. Introduction. In post-apartheid South Africa, communal land which falls under the former 'homeland' 1 areas has increasingly become a focal point of mineral development strategy. This emanates from the country's geological advantage: specifically, the existence of the Bushveld Complex, an enormous multi-layered, ore-bearing, …
South Africa's mining industry is the fifth largest globally in terms of gross domestic product (GDP). The mining sector contributed R356bn or 7.3% to South Africa's GDP and accounted for 25% of the country's total export earnings. Platinum, coal and gold are the three largest mining exports. In 2018, the mining industry contributed R93bn ...
The mining activities in Mpumalanga contribute significantly to the country's revenue through taxes, royalties, and export earnings. The extraction and export of minerals, such as coal, gold, platinum, chrome, and manganese, strengthen South Africa's position in the global market, attracting foreign investments and fostering …
South Africa has many artisanal and small-scale mining (ASM) activities that some are registered and others informal and illegal. This paper presents an overview of ASM operations in the vicinity ...
As a result, not much consideration is given to how previously marginalised black communities continue to be dispossessed by coal-mining activities in democratic South Africa. In a paper that ...
