Question NW1651 to the Minister of Mineral Resources and Energy

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05 August 2021 - NW1651

Profile picture: Van Dyk, Ms V

Van Dyk, Ms V to ask the Minister of Mineral Resources and Energy

1) What total amount was set aside by West Coast Resources at Koingnaas for rehabilitation; 2) Whether the specified amount was paid over to his department; if not, why not; if so, what are the relevant details; 3) In light of West Coast Resources, under Lower Orange River, being in business rescue, (a) what is the name of the (i) person and/or (ii) institution who will be performing the rehabilitation and (b) on what date? NW1858E

Reply:

(1) An amount of R1,253,386,427.00

(2) Yes, the mentioned amount is held by the Department.

(3) (a) (i) West coast Resources is still the holder.

(ii) West Coast Resources.

(b) The date cannot be confirmed as the business rescue process is still underway.

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