Share

ConCourt to rule on mineral rights

Johannesburg - The Constitutional Court will hand down judgment on Thursday on Agri SA's claim for damages over alleged expropriation of mineral rights.

The court heard the application on November 8 last year.

Agri SA argued the Mineral and Petroleum Resources Development Act abolished the concept of privately held mineral rights.

The act, promulgated in 2004, requires owners of old-order rights to apply to have them converted into new rights.

It vests ownership of mining rights in the state. Agri SA believes this is expropriation and wants R2m compensation.

Shortly after the commencement of the act, Agri SA acquired by cession a claim for compensation from mining company Sebenza. The then minister of minerals and energy rejected the claim.

The High Court in Pretoria ruled in favour of Agri SA and awarded it R750 000 compensation.

The Supreme Court of Appeal set the ruling aside and held the act did not deprive Sebenza of property, and therefore did not amount to an expropriation, and no compensation needed to be paid.

The minister argued the act did not expropriate Sebenza's mineral rights because the "right to mine" had always been vested in the state and the state did not acquire any rights as a consequence of the alleged deprivation.



We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders