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Public Hearings on Mineral and Petroleum Resources Development Amendment Bill

Public Hearings on Mineral and Petroleum Resources Development Amendment Bill. Sandy McGregor 18 September 2013. The South African economy is driven by the commodity prices The commodities boom of the past decade is ending. All Commodity Index ($).

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Public Hearings on Mineral and Petroleum Resources Development Amendment Bill

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  1. Public Hearings on Mineral and Petroleum Resources Development Amendment Bill Sandy McGregor 18 September 2013

  2. The South African economy is driven by the • commodity prices • The commodities boom of the past decade is • ending

  3. All Commodity Index ($) Source: Igraph, Bill (SG 160913m)

  4. South African Exports ($m per year) Source: Igraph, Bill (SG 160913m)

  5. Profitability of the mining industry has declined • significantly • Mining companies are cutting back on capital • spending • In this environment it is important to craft • investment friendly legislation

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