This follows its comprehensive mapping of South Africa’s coal operations, which among other things showed companies with apparent mining rights adjacent to protected areas.
According to data compiled by the Minerals Council South Africa, in 2020 the output from South Africa’s regulated chrome industry was 12.2 million tons, of which 46% or about 5.6 million tons was exported. So the illicit chrome is estimated by the industry to equal more than 10% of regulated exports. Put another way, around 600,000 tons of chrome which is not subjected to things like taxation and royalties is estimated to be stolen for export each year.
South Africa also lacks a publicly accessible online mining cadastre, which typically provides information on things such as existing mining rights, including their geographical location. It emerged in the presentation that this is now a priority and is high on the agenda of Minister Gwede Mantashe. An update is expected in six months’ time.
“It is not illegal to transport, sell or process chrome ore, so the DMRE and SAPS are limited in what action they can take,” ChromeSA said. “Mining rights are normally issued according to farm boundaries – these are large and even if a legitimate company is mining a right they may not be on the full piece of land and illegal miners could also be operational without the mining right holder being aware.
In a follow-up presentation on Wednesday 3 March, the DMRE said “a team… is currently finalising a turnaround strategy for Mpumalanga” and is finalising the “recruitment process to fill critical and vacant positions”.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
BUSINESS MAVERICK 168: Scopen Africa report: Marketers foresee an improved sector for 2021 … or maybe 2023?More than half of marketers slashed their budgets over the past year, and the biggest losses were in below-the-line promotions. But they now feel hopeful to invest.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK 168: Days of wine by the barrel are drying up for South Africa’s farmers and vintersIn the past five years, the local wine industry has shrunk by 10%. This is almost expected, because the global wine industry has lost 2.5 million hectares of grape vineyards since the 1990s.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK 168 INTERVIEW: Meet Good Things Guy Brent Lindeque, the architect of the kindness movementIn a world where you can be anything, be kind. The phrase might not have been coined by Brent Lindeque, but the Good Things Guy lives by it. Love that I can listen to an article....but the woman's voice freaks me out a bit 🤦♀️😂 Love this story! Keep it up, please?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK 168: TymeBank bets big on opening the credit taps for consumers during a pandemicWith most sectors of the economy now open under eased lockdown regulations and more market watchers striking an upbeat tone about SA’s economic recovery, TymeBank is ready to revive its lending strategy. The lending market is warming up after the worst economic recession since the Great Depression. Congratulations to everyone who benefited from this platform. Your success is my priority! Trade today and earn up to..... :Registration fee: $0:00 :Daily earning: $1,000 :Weekly earning: $7,000 :Monthly: $20,000. Trust the process 💯 profit I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisacampbe But will t be fair credit or set out to destroy people credit, like what every other bank in SA offers?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK 168: Banking crisis: Close shave for commercial lendersSA’s main commercial banks all delivered results this past fortnight, and while they remain resilient, profits are down to the extent that some have passed on paying a dividend. When I was a newbie I really lost all my investment cause I was new and didn't meet the right account manager to invest with . I was at the verge of quitting till I was introduced to Mr Claw and my story changed. its worth a try I can testify on this platform CLAWLEACH0
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »