Question NW963 to the Minister of Mineral Resources and Energy
12 April 2023 - NW963
Msimang, Prof CT to ask the Minister of Mineral Resources and Energy
Whether, in view of the fact that the Republic’s mineral enrichment is not booming despite its considerable mineral wealth, but deteriorating due to the lack of a stable, predictable, user-friendly and functional regulatory regime, his department has any plans in place to introduce a mining cadastre management system to provide transparency and entice greater exploration investment; if not, why not; if so, what are the relevant details?
Reply:
Yes, the Department has commenced with the process of procuring a Mining Licensing System in collaboration with SITA with the intent to have the system operational within 1 year after procurement.