NCOP
FOR WRITTEN REPLY
QUESTION NUMBER 277
DATE OF PUBLICATION IN INTERNAL QUESTION PAPER: 19 AUGUST 2010
(INTERNAL QUESTION PAPER NUMBER 21)
277. Mr T D Harris (DA-WC) to ask the Minister of Mineral Resources:
(1) Whether the Government has calculated the cost of mining policy
uncertainty on the slow growth of the mining industry in South
Africa in comparison with the mining industry of the developing
nations; if not, why not; if so, what is the cost;
(2) Whether the proposals that the mines should be nationalised will
have a material effect on the growth in the industry; if not,
what is the position in this regard; if so, what are the
relevant details? CW356E
REPLY
1) No while other regulatory regimes are considered and referred
to during legislation drafting, the need has not arisen to
conduct such a comparison study.
2) This has not been investigated or researched since
nationalisation of mines falls outside of our legislative
framework.