n Without Prejudice - Give us the rights ore else ... : deal activity
|Article Title||Give us the rights ore else ... : deal activity|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2010|
|Pages||68 - 69|
At least one encouraging development has emerged for the mining sector from the dramatic tussle between Arcelor Mittal SA (AMSA) and Kumba over the full rights to the Sishen iron ore deposit, and it's not the emergence of Duduzane Zuma (the President's son) as the country's latest and youngest mining oligarch. The frankly scandalous affair forced Mining Minister Susan Shabangu to admit in August that South Africa's central mining legislation, the Minerals and Petroleum Resources Development Act 2002 (MPRDA), is in need of a long overdue review.
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