ResearchMoz.us include new market research report " South Africas Mining Fiscal Regime Industry, H2 2014: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
The Department of Mineral Resources is the main body that formulates and regulates mining policy for the exploration, development, utilization, processing and management of the country’s mineral resources. The Department of Energy, the National Nuclear Regulator and the Mine Health and Safety Council are the other governing bodies involved in the development of the country’s mining industry.
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The report outlines South Africa’s governing bodies, laws, mining licenses, mining rights and obligations and key fiscal terms which includes Royalties, Depreciation, Corporate Tax, Capital Gain Tax, Dividend Tax, Real Property Tax, Withholding Tax, Branch Profit Tax, Loss Carry Forward and Value Added Tax, VAT.
Sample of Table of Contents:-
1 Executive Summary
2 The South African Mining Industry – Governing Bodies
2.1 Department of Mineral Resources (DMR)
2.1.1 Council for Geo-science
2.1.2 Council for Mineral Technology (Mintek)
2.1.3 Mining Qualifications Authority
2.1.4 South African Diamond and Precious Metals Regulator
2.1.5 State Diamond Trader
2.2 Department of Energy
2.3 National Nuclear Regulator (NNR)
2.4 The Mine Health and Safety Council
3 The South African Mining Industry – Governing Laws
3.1 Minerals and Petroleum Resources Development Act
3.2 Mineral and Energy Laws Rationalisation Act, 1994
3.3 Precious Metals Act, 2005
3.4 Nuclear Energy Act, 1999 (Act No.46 of 1999)
3.5 National Nuclear Regulator Act, 1999 (Act No. 47 of 1999) (NNR)
3.6 Mine Health and Safety Act, 1996 (Act No. 29 of 1996)
3.7 Diamond Export Levy (Administration) Act, 2007...................
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Key highlights:-
- The Department of Mineral Resources (DMR) formulates and implements mining policy, and ensures the exploration, development, utilization, processing and management of the country’s mineral resources.
- The Council for Geo-sciences, which was introduced through the Geo-science Act 1993, No 100 of 1993, is the national agency for expertise in providing earth science information, and is responsible for providing services for the proper management of natural resources, as well as the methodical development and maintenance of the country’s geo-science knowledge for South Africa’s onshore and offshore environments.
- The Department of Energy is responsible for overseeing the exploration, development, utilization, processing and management of South Africa’s energy resources.
- The Minerals and Petroleum Resources Development Act (MPRD Act No. 28 of 2002) which came into operation on May 1, 2004 is the current governing law, having replaced the Minerals Act, 1991 (Act No. 50 of 1991).
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