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Mineral Resources and Energy
Mineral and Petroleum Resources Development Amendment Bill [B15B-2013]: legal opinion on President’s reservation about its constitutionality
18 Feb 2015
A parliamentary legal advisor gave a briefing on the four grounds of reservation which had seen the President not appending his signature to the Mineral and Petroleum Resources Development Amendment Bill [B15B-2013]. These grounds in brief were: the potential unconstitutionality of empowering the Minister to amend the codes, charter and ...
Mineral Resources and Energy
Transfer Pricing and Corporate Tax: briefing by National Treasury & South African Revenue Services
19 Nov 2014
The Portfolio Committee on Mineral Resources held a joint meeting with the Standing Committee on Finance to receive a briefing by the National Treasury and the South African Revenue Services (SARS) on transfer pricing and corporate tax.
The National Treasury said that South Africa ran a twin deficit and ...
Mineral Resources and Energy
Derelict and Ownerless Mines; One Environmental System for mining: update by Department of Mineral Resources
12 Nov 2014
The Department of Mineral Resources (DMR) briefed the Committee on the One Environmental System and the progress made in dealing with derelict and ownerless mines. The strategy for sustainable growth and competitiveness identified the fragmented system as a constraint to attracting investment. Various mining related licences were issued by different ...
Mineral Resources and Energy
Pamodzi / Aurora liquidation: Joint Provisional Liquidators briefing
5 Nov 2014
The Portfolio Committee on Mineral Resources said it wanted to see justice done in the matter of Aurora liquidation so that workers can receive their compensation. The Committee was of the firm view that this liquidation matter must be settled and justice served.
The Committee received two reports from Mr ...
Mineral Resources and Energy
Pamodzi / Aurora liquidation: Master of High Court briefing
29 Oct 2014
The Chief Master’s Office on the Pamodzi/Aurora liquidation, said that the Pamodzi Gold companies consisted of three mines: Orkney, Welkom and Grootvlei. The Pamodzi Gold Orkney and Pamdodzi Gold Free State were placed under judicial management in January 2009. The holding company, Pamodzi Gold was ultimately liquidated in October 2009. ...
Mineral Resources and Energy
Mineral Resources Budget Review and Recommendations Report
24 Oct 2014
Committee Members, through the Chairperson, deliberated on the Budgetary Review and Recommendations Report citing the need for some amendments. The Committee made some recommendations to the draft BRRR. These recommendations included the need for the Department of Mines to come up with informative reports the motivation being to ensure transparency ...
Mineral Resources and Energy
State Diamond Trader & South African Diamond and Precious Metals Regulator on their 2013/14 Annual Reports
22 Oct 2014
The South African Diamond and Precious Metals Regulator (SADPMR) and the State Diamond Trader (SDT) briefed the Committee on their 2013/14 Annual Reports. The SADPMR reported that it had received an unqualified audit, but with matters of emphasis that related to restatement of figures from previous financial years. It outlined ...
Mineral Resources and Energy
AGSA on audit outcomes for Department of Mineral Resources for 2013/2014 financial year
15 Oct 2014
The meeting focused on three presentations on the audit outcomes for 2013/2014 of the Department of Mineral Resources (DMR). The presentations were made by the Auditor-General South Africa (AGSA), the Committee Researcher, and a presentation from the Department of Mineral Resources on the Mine Health and Safety Inspectorate’s annual report. ...
Mineral Resources and Energy
Auditor-General on use of Audit Reports as an Oversight Tool; Financial & Fiscal Commission on Department of Mineral Resource's past performance & future projections
17 Sep 2014
The Portfolio Committee on Mineral Resources received a briefing from the Auditor General of South Africa (AGSA) on the use of Audit Reports as an oversight tool. The purpose of the presentation was to provide Members with the necessary information and guidance with regard to the role of AGSA, and ...
Mineral Resources and Energy
Development of Ikhwezi Quarry Mine in Libode and Civil and General CC in Queenstown: Department of Mineral Resources briefing
10 Sep 2014
The Department of Mineral Resources briefed the Committee on the development of the Ikhwezi Quarry Mine in Libode and Civil and General CC in Queenstown. The DMR was tasked with providing the Committee with a progress report which emanated from the previous Committee’s site visit and interactions with the two ...