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Auction of mining rights in June

Cape Town - Mineral Resources Minister Susan Shabangu will invite applications on revoked or lapsed mining rights in the Government Gazette with the first round of bidding due to take place before the end of June.

Presenting her budget vote speech in Parliament on Thursday, Shabangu said the rules relating to the auctioning of the revoked or lapsed rights would be detailed in the gazetted notice and that they would be in line with the Mineral and Petroleum Resources Development Act.

Shabangu first called for comments on the issue of revoked or lapsed mining rights during the February Mining Indaba.
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