Event Details

In December 2014 the "One Environmental System" for the management of environmental impacts associated with mining operations was implemented. The implications of this management system is that the mining industry is legislated under NEMA in relation to environmental matters and the Minister of Mineral Resources and Energy is responsible for implementation. In line with these arrangements, the regulations managing the financial provisioning for rehabilitation associated with final closure and post closure of mining operations which were originally prepared under the MRPDA, were revised and promulgated under NEMA in November 2015. The NEMA Financial Provisioning Regulations were immediately applicable to new permit or right applicants with existing terrestrial mining right holders being required to comply by June 2022 and February 2024 for right holders of offshore oil and gas operations. Soon after gazetting the 2015 Regulations for implementation, the mining and petroleum industry raised concern regarding a number of provisions and a protracted and complicated amendment process ensued.

Further proposed amendments have now been prepared for public comment. This presentation will identify the amendments made and will explain the rational for the amendments.

Agenda

2 PM - 2:05 PM
2:05 PM - 2:10 PM
Introduction of Speaker
2:10 PM - 2:50 PM
New Draft Financial Provisioning Regulations
2:50 PM - 3:10 PM
Questions and Answers
3:10 PM - 3:15 PM
Closing Remarks

Speakers

  • Dr Dee Fischer (Chief Director for Integrated Environmental Management Support of Department Forestry, Fisheries & Environment (DFFE))

    Dr Dee Fischer

    Chief Director for Integrated Environmental Management Support of Department Forestry, Fisheries & Environment (DFFE)

    Dr Dee Fischer is the Chief Director for Integrated Environmental Management Support at DFFE, responsible for streamlining the environmental regulatory framework.

    Dr Dee Fischer holds a PhD in Energy Studies from the University of Johannesburg. Dee is employed as the Chief Director Environmental Management Support at the Department of Environment, Forestry and Fisheries and is responsible for among others the coordination of legislation between the NEMA and the MPRDA. In this capacity, Dee is the chair of the Interdepartmental Committee preparing proposed NEMA “Regulations Pertaining to the Exploration and Production of Onshore oil and Gas Requiring Hydraulic Fracturing”.

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  • Corné Niemandt (IAIAsa GP Branch Committee at Enviro-Insight CC)

    Corné Niemandt

    IAIAsa GP Branch Committee at Enviro-Insight CC

    IAIAsa GP Branch Committee

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  • Tania Oosthuizen (Knight Piesold)

    Tania Oosthuizen

    Knight Piesold

  • Natalie Pullen (Director of PENSU Environmental Consulting)

    Natalie Pullen

    Director of PENSU Environmental Consulting

    https://pensu.co.za/

    Gauteng Branch Chair 2012/2022
    IAIAsa 2021 Conference Entertainment portfolio lead

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Documents

Invitation IAIAsa National Mini Event Financial Provisioning.pdfdownload
Financial Provisioning Regs.pdfdownload

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