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Market Research Report
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1035192

South Africa's Mining Fiscal Regime 2021

Published: | GlobalData | 31 Pages | Delivery time: 1-2 business days

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South Africa's Mining Fiscal Regime 2021
Published: November 1, 2021
GlobalData
Content info: 31 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

GlobalData's "South Africa's Mining Fiscal Regime 2021" provides a comprehensive coverage on South Africa's mining fiscal regime. The report provides country's overview with macroeconomic performance, ease of doing business, corruption index and mineral overview. It also provides a comprehensive coverage on the country's mining regulatory bodies, laws, rights, and obligations, as well as current and future tax-related proposals.

South Africa is well known for its abundance of mineral resources. It has extensive mineral deposits, including gold, platinum group metals (PGM), manganese, iron ore, copper, nickel, diamond and coal. The report covers the country's governing bodies, laws, rights, and obligations, as well as current and future tax-related proposals. The Department of Mineral Resources and Energy (DMRE) was established in June 2019 by the merger of the Department of Energy and the Department of Mineral Resources. The department is responsible for the mining industry of South Africa, exploitation of the country's mineral resources and the energy industry. National Nuclear Regulator (NNR), Mine Health and Safety Council (MHSC) and the Department of Environmental Affairs are the other government departments and regulatory bodies in the country.

Scope

  • The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory.

Reasons to Buy

  • Enhance your decision-making capability in a more rapid and time sensitive manner
  • Find out South Africa's governing bodies, major laws in the industry
  • Identify various mineral licenses and fees
  • To understand various taxes and royalties practiced in South Africa's mining industry
Product Code: GDMMFR0199MR

Table of Contents

Table of Contents

1 Executive Summary

2 Country Overview

  • 2.1 Macroeconomic Performance
  • 2.2 Ease of Doing Business
  • 2.3 Corruption Index

3 Governing Bodies

  • 3.1 Department of Mineral Resources and Energy (DMRE)
  • 3.2 Council for Geoscience (CGS)
  • 3.3 Council for Mineral Technology (Mintek)
  • 3.4 Mining Qualifications Authority (MQA)
  • 3.5 South African Diamond and Precious Metals Regulator (SADPMR)
  • 3.6 Diamond Exchange and Export Centre (DEEC)
  • 3.7 State Diamond Trader (SDT)
  • 3.8 Mine Health and Safety Council (MHSC)
  • 3.9 National Nuclear Regulator (NNR)
  • 3.10 Department of Environmental Affairs

4 Mining Laws, Licenses and Permits

  • 4.1 Minerals and Petroleum Resources Development Act
  • 4.2 Mineral and Petroleum Resources Royalty Act
  • 4.3 Precious Metals Act
  • 4.4 Precious Metals Licenses and Permits
  • 4.5 Nuclear Energy Act
  • 4.6 National Nuclear Regulatory Act
  • 4.7 Mine Health and Safety Act
  • 4.8 Diamond Export Levy (Administration) Act
  • 4.9 Broad-Based Black Economic Empowerment Amendment Act

5 Prospecting and Mining Rights

  • 5.1 Application for a Prospecting Right or a Mining Right
  • 5.2 Prospecting Rights
  • 5.3 Mining Rights
  • 5.4 Prospecting and Mining Obligations

6 Taxes and Royalties

  • 6.1 Royalties
  • 6.2 Depreciation
  • 6.3 Corporate Income Tax (CIT)
  • 6.4 Withholding Tax
  • 6.5 Value-Added Tax (VAT)
  • 6.6 Diamond Export Levy
  • 6.7 Carbon Tax

7 Appendix

  • 7.1 Abbreviations
  • 7.2 Methodology
  • 7.3 Coverage
  • 7.4 Secondary Research
  • Contact Us

List of Tables

List of Tables

  • Table 1: South Africa's Mining Fiscal Regime - DMRE Programmes, 2021
  • Table 2: South Africa's Mining Fiscal Regime - MHSC Committees, 2020
  • Table 3: South Africa's Mining Fiscal Regime - Depreciation Write-off Period (Years), 2021

List of Figures

List of Figures

  • Figure 1: South Africa's Mining Fiscal Regime - Country Overview, 2021
  • Figure 2: South Africa's Mining Fiscal Regime - Nominal GDP (US$ Billion) and Real GDP Growth Rate (%), 2001-2021
  • Figure 3: South Africa's Mining Fiscal Regime - Total Foreign Direct Inflow (FDI), 2015-2019
  • Figure 4: South Africa's Mining Fiscal Regime - Ease of Doing Business in South Africa, Global Ranking, 2029 - 2020
  • Figure 5: South Africa's Mining Fiscal Regime - Corruption Perception Index, 2016-2020