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Second Minerals Bill On Cards.

Asia Africa Intelligence Wire

| November 06, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Miningweb (South Africa) - AAGM)

Byline: David Mckay

The South African government confirmed it was preparing fresh legislation ? currently called the Precious Metals and Diamonds Bill ? as a companion piece to its recently approved Minerals and Petroleum Resources Development Act.

The bill incorporates the final chapter of a previous draft of the Minerals and Petroleum Development Act (chapter 8) and separate legislation that was being prepared by the National Treasury. The scope of the Precious Metals and Diamonds bill is mining industry beneficiation, the possible redeployment of responsibilites of South Africa's Diamond Board, as well as …

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