South Africa coal, metal exporters to spend billions on rail
Organizations representing firms including Glencore and a unit of Anglo American are negotiating the terms of the pacts with Transnet.
The eight-month moratorium on granting prospecting licences is expected to be lifted on Monday with the unveiling of an online application system expected to ensure transparency and reduce turnaround times.
The Department of Mineral Resources said yesterday that the system would “make information available about areas applied for, areas granted, and areas still available for prospecting and mining rights, and mining permit applications readily and globally accessible to the general public.”
The moratorium was imposed in September last year to iron out irregularities in the awarding of exploration drilling contracts and the audit of existing exploration activities.