When preparing for mine closure two interlinked components play a role:
financial provision
Environmental Impact Assessment
Requirements for Financial Provision Financial Provision Regulations – Effective 19 June 2021 – postponed to 19 June 2022(?)
Regulations pertaining to Financial Provision for Prospecting, Exploration, Mining or Production Operations were published in GN 1147 on 20 November 2015.
According to the transitional arrangements, in Regulation 17, Right Holders that applied for the right prior to 20th November 2015 have until 19 June 2021 to comply with the 2015 Financial Provision Regulations.
According to GN 371, comments are invited for the extension of the regulations to 19 June 2022. The applicant or holder of a right or permit must ensure that the financial provision is, at any given time, equal to the sum of the actual costs of implementing the plans and report for a period of at least 10 years forthwith.
Requirements for Environmental Impact Assessment
The Minister of Environment, or an MEC with the concurrence of the Minister, may identify-activities which may not commence without environmental authorisation from the competent authority; (Listed activities)
The solution: This one-day Mine Closure Regulations workshop has been developed to assist you with the preparation for the implementation of the financial provisions. This course will help you to comply with the relevant requirements and reduce the cost of implementation.
Upon completion of the Mine Closure Regulations course, participants will be able to:
Understand the cost implications of the changes in financial provisions to your site
Develop a strategy that will effectively reduce the cost of implementation on your site
Understand the relationship between NEMA and the MPRDA and how to make the most of it.
Understand when something can be considered an offence in terms of key pieces of environmental legislation
Learn more about possible penalties / fines that may be imposed by key changes and updated pieces of environmental legislation
Develop a strategy for your mine that will enable a sustainable future.
Remediation Officers
Remediation specialists
Rehabilitation Officer
Rehabilitation specialist
Consultants
Operational Mine Accountants
Head Office Closure Specialists
Quantity Surveyors
Mine surveyor
Financial institutions
Guarantee Providers
Environmental Managers
Compliance Managers
Environmental Impact Managers
Environmental Impact Management: Senior Specialist
Environmental Scientist
Senior Managers: Waste Management
Environmental Officers
Environmental Control Officers
Operational Risk Managers
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Session 1
The framework and principles driving environmental legislation
Constitution of the RSA (Act 108 of 1996) – Section 24
The Environmental Right
If you have the right not to be poor, do you have the right to be rich?
Understanding the principles that guides all other requirements.
Session 2
MPRDA Financial Provision requirements
Understanding how the one system affects Mineral Rights
NEMA changes the reporting requirements of your Mine
The changes to auditing requirements
The updates related to the quantum calculation and the implementation there-of
Session 3
NEMA Financial Provision requirements
Navigating through offences and penalties associated with environmental legislation
NEMA S28
NEMA amendments and their implications
Implementing a compliance management mechanism
Session 4
Way forward
Summary for Financial provisions
Recommendation for implementation
Mechanism to manage legal changes
The changes to reporting requirements
Considering the new screening tool and how to make it work for your business
Implementing a compliance management mechanism