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Mining legislation. STATE BEGINS TO REALISE IT'S NOT JUST A MINER PROBLEM.

Asia Africa Intelligence Wire

| September 30, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Financial Mail)

Byline: Brendan Ryan

Mining legislation STATE BEGINS TO REALISE IT'S NOT JUST A MINER PROBLEM Government admits that its mining laws are slowing investment The department of minerals & energy (DME) finally appears to have recognised the growing level of discontent in the mining sector over implementation of the country's new legislation. This is happening after the first legal challenge in the SA courts to the new legislation by Canadian group SouthernEra Diamonds and the threat of international legal action from Italian investors who control SA's major granite producers. DME director-general Sandile Nogxina acknowledges the difficulties in getting prospecting permits and new-order mining rights in SA and says he has heard of …

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