2020-6-19 · SADC countries produce two-thirds of Africa''smineral exports by value. South Africa''smining sector is currently the largest on the continent, and largest for underground mining equipment. Imports grew from 2009 to 2018, SA imported US$ 3.5 bn of mining and machinery equipment in 2018 and SADC US$ 7.5 bn. Interventions include:

2297. Mining and prospecting

2018-2-2 · 2297. Mining and prospecting APRIL 2014 – ISSUE 175. This article deals with the taxation of mining and prospecting companies that are tax resident in South Africa and their non-tax resident shareholders. What is certain is that they are subject to taxes.

Oil and Gas Tax Guide for Africa 2017

2018-3-15 · natural gas producer in Africa. All of the country''s proven oil reserves are held onshore and there has been limited offshore exploration. The Algerian territory has been divided into Zones A, B, C and D with specified tax rates applicable in each registered Zone. Algeria aims to achieve 290 wells in 2017, against 265 in 2016.

Mining in SA

2021-12-17 · Economic activity in modern-day South Africa has been centred on mining activities, their ancillary services and supplies. The country''s stock exchange in Johannesburg was established in 1887, a decade after the first diamonds were discovered on the banks of the Orange River, and almost simultaneously with the gold rush on the world-famous Witwatersrand.


2019-2-4 · 1.1.3 Active mining Once a mining company has constructed access roads and prepared staging areas that would house project personnel and equipment, mining may commence. All types of active mining share a common aspect: the extraction and concentration (or beneficiation) of a metal from the earth. Proposed mining projects

Deloitte Africa

2021-11-21 · Benefits and Allowances Travel allowances The following table sets out the three components of the rates which may be used in determining the cost of business travel, where actual costs are not used. PAYE is withheld from 80% of travel allowances (20% is allowed in some circumstances): Value of the vehicle (incl. VAT) (R) Fixed cost (R p.a ...

Review of Investment Incentives

conservation and aerial or geographical surveys receive a 100 percent tax allowance. x Machinery and equipment for mining and agriculture is exempt from customs duties. x Organic and inorganic chemicals, rubber, steel and plastics can be imported duty-free. x Custom duty on intermediate goods is 15 percent and on finished goods, 25 percent.

Mining Law 2022 | Laws and Regulations | South Africa | ICLG

2021-9-13 · South Africa: Mining Laws and Regulations 2022. ICLG - Mining Laws and Regulations - South Africa covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions.


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Special Economic Zones

Atlantis is the home of the Greentech Special Economic Zone (SEZ). Situated on the West Coast of South Africa, just 40 kilometers from Cape Town, the Atlantis SEZ capitalises on the province''s booming renewable energy and green …


2020-6-19 · Figure 13: Contribution of mining to the South African economy 31 Figure 14: South Africa''s share of African exploration budgets 2000–2017 32 Figure 15: Junior miner licenses'' in South Africa (2017) 33 Figure 16: Mining industry health and safety performance 33 Figure 17: Global power capacity by source in the Stated Policies Scenario 36

Orezone Drilling – Mining & Drilling

Orezone Drilling has a global footprint in the mining exploration activities including Africa and South America. Exploration and mining companies have utilized our broad range of underground and surface drilling services across a diverse range of commodities, including platinum, gold, coal, copper, cobalt, nickel and uranium.

Operating Mines

This directory is an update of previous editions, and lists operating mines and quarries, agents and mineral processing plants in the Republic of South Africa. The mines are grouped according to main commodity produced. Names of mines, their owners, postal addresses, telephone and fax numbers, commodities mined, operational status, type of mine ...

PAYE and Fringe benefit

2017-12-1 · Travel allowances Fixed Travel Allowance: For example, Employer A pays Mr H a fixed monthly amount of R3 000 as an allowance for travel expenses incurred by him. Reimbursement based on actual business kilometers (Reimbursive Travel Allowance): For example, Mr N travels 25km from his office in Sunninghill to a client in on every day.

Mining Qualifications Authority (MQA) Bursary 2022 ...

2021-9-30 · The Mining Qualification Authority or MQA is an educational Sector Education and Training Authority (SETA) responsible for the skill development in the South African mining and minerals sector. It runs various skill development programmes to enhance the skill set of the students attending the programmes.

Mining Tax

Mining forms one of the leading industries in South Africa, playing a vital role in the economy. Due to the complexity of the South African tax laws and the impact thereof on the industry, its is necessary to have a thorough understanding of not …

About Us | Department of Mineral Resources

On 24 April 1891, the "Department van Mijnwezen" (Department of Mining) of the Zuid Afrikaansche Republiek (South African Republic – former Transvaal Province) issued the first "Certificaat van Bezitrecht"(Certificate of Right to Possession). The regulation of mining in Mpumalanga dates back to 1890.

What the African Continental Free ...

2019-8-27 · The African Union (AU) says that the AfCFTA will create the world''s largest free trade area estimating that its implementation will lead to around a 60% boost in intra-African trade by 2022. Launched July 2019, the AfCFTA …

Africa: Minerals and Mining

2021-12-14 · MINING. Mining has a long history in Africa. In North Africa, people have mined for iron ores and other metals for more than 2,000 years. Iron mining began in sub-Saharan Africa by around 500 B.C. and had spread through the …


2021-12-9 · usually in the form of an allowance spread over a number of years based on the cost or value of an asset. Section11( e) is one such specific provision and provides for an allowance on the value of any machinery, plant, implements, utensils and articles used by the taxpayer as owner in the carrying on of a trade. 3. The law . Section 11(e) 11.

Tax regime

Mining companies in Zambia focus on excerpting copper and uranium, as well as gold, nickel and industrial deposits, which are more limited. For companies interested in mining operations, or the opening of mining companies, in Zambia, the Zambian Ministry of Mines, under which the Chamber of Mines is located, is the first port of call.

New mining threat at Mapungubwe heritage site

2020-2-27 · A rush of coal prospecting applications raises new fears about mining around Mapungubwe National Park, a world heritage site of cultural and environmental importance. Yolandi Groenewald investigates Mining threatens the transfrontier conservation area that already has too many elephants for its shrinking space. Photo: Yolandi Groenewald At least 23 …

The Future of Conflict in Mining

2020-10-27 · The Future of Conflict in Mining. A mine in the Democratic Republic of Congo. Photo courtesy of Julien Harneis. On June 17, 2019, the Democratic Republic of Congo''s (DRC) army deployed close to 800 troops in an attack on its own citizens. The soldiers torched the small village of Kafwaya in an effort to expel more than 10,000 artisanal miners ...


2018-12-9 · MINING AND MINERALS INDUSTRY, 2018. I, Samson Gwede Mantashe, Minister of Mineral Resources, hereby in terms of section 100 (2) of the Mineral and Petroleum ... African Mining and Minerals Industry ( "Mining . Charter ") as . a . regulatory instrument. Consequently, in . 2004 the . Minister developed . the Mining . Charter . with .

(PDF) Underground mining Methods

2021-12-10 · Underground Mining Methods. Soft rock Mining Methods. Blast mining. Shortwall mining. Coal Skimming (or Sink and Fl oat) method. Hard rock Mining Methods. Stoping. 1) Room and pillar. 2) Bench and ...

Top 10 largest gold mines in Africa in 2020

2021-4-23 · 1. Kibali, DRC. 808 koz. Kibali is the biggest gold mine in Africa, located in the northeast of the Democratic Republic of Congo (DRC), approximately 220 kilometres east of the capital of the Haut Uele province, Isiro, 150 …

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