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Nationalisation debate a red herring

- 04 September 2011

Peter Leon and Johnathan Veeren, both partners at Webber Wentzel, were quoted in a recent article on Miningmx that looked at the progress government has made around beneficiation.

Leon and Veeren commented on remarks made by Siyabonga Ndabezitha, the DMR’s chief director of mineral promotion on the issuing of mining rights and licences. They said in a note to clients that there could be a breach of South Africa’s international law obligations under a World Trade Organisation agreement if an allocation of a percentage of production is allocated to local activities.

- Miningmx