Minister rescinds appeal against integrated water use

Coal of Africa LimitedJOHANNESBURG, (CAJ News) -Coal of Africa Limited (“CoAL”  has announced the suspension of the Integrated Water Use Licence (“IWUL”) for the Makhado Project has been lifted by the South African Minister of the Department of Water and Sanitation (“DWS”), Ms Nomvula Mokonyane.

In April 2016, an appeal was lodged against the decision by the DWS to grant an IWUL to Baobab Mining and Exploration (Pty) Ltd (‘Baobab”) for Makhado in terms of Section 41 of the South African National Water Act (Act 36 of 1998) (‘the Act’).
Following representation by the company in May 2016 and February 2017, the Minister exercised her discretion and lifted the suspension in terms of Section 148 (2) (B) of the Act. The IWUL is now executable. The appellants have the opportunity to voice their concerns through the Water Tribunal.
The lifting of the appeal by the Minister and the recently announced finance facility by the IDC are key steps in the advancing of the Makhado Project. Chief Executive officer of CoAL said,
“The lifting of the suspension of the IWUL by the Minister is welcomed as this decision completes the suite of regulatory authorisations required for the Makhado Project. It further confirms government’s support for the Makhado Project and its potential to drive sustainable socio-economic transformation. We will continue to work with all parties to ensure that the matter is completed satisfactorily, and furthermore to secure the remaining surface rights.”
CAJ News

Short URL: http://cajnewsafrica.com/?p=20151

Posted by on May 29 2017. Filed under Africa & World, Coal, Energy, Featured, Finance, Mining, Mining & Engineering, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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