(1) |
In addition to the rights referred to in section 5, the holder of a mining right has, subject to section 24, the exclusive right to apply for and be granted a renewal of the mining right in respect of the mineral and mining area in question. |
(2) |
The holder of a mining right must— |
(a) |
lodge such right for registration at the Mineral and Petroleum Titles Registration Office within 60 days and the right has become effective; |
[Section 25(2)(a) substituted by section 21(a) of the Mineral and Petroleum Resources Development Amendment Act, 2008]
(b) |
commence with mining operations within one year from the date on which the mining right becomes effective in terms of section 23(5) or such extended period as the Minister may authorise; |
(d) |
comply with the relevant provisions of this Act, any other relevant law and the terms and conditions of the mining right; |
(e) |
comply with the conditions of the environmental authorisation; |
[Section 25(2)(e) substituted by section 21(b) of the Mineral and Petroleum Resources Development Amendment Act, 2008]
(f) |
comply with the requirements of the prescribed social and labour plan; |
(g) |
in terms of any relevant law, pay the State royalties; and |
[Section 25(2)(g) substituted by section 21(c) of the Mineral and Petroleum Resources Development Amendment Act, 2008]
(h) |
submit the prescribed annual report, detailing the extent of the holder’s compliance with the provisions of section 2(d) and (f) the charter contemplated in section 100 and the social and labour plan. |