Loskop dam disaster

[grok]

As we speak, the National Environmental Management Act (NEMA) has been revised many times since 2015 to make it almost impossible for any junior, medium and large company to walk away from a mine closure liability. No company will ever get a mine closure certificate (unless through corrupt measures) and new provisions now include latent risks well beyond post-closure.

Crux of the matter, everything in South Africa is for sale under the corrupt ANC..

 

[dlk001]

Crux of the matter, everything in South Africa is for sale under the corrupt ANC..

Unfortunately, that is very true. It was also happening with the previous government which lead to old mining companies not being held accountable for residual mine closure risks which are now a taxpayer's bill.