166-6 Mineral and Petroleum Resources Development Act 28 of 2002

Summary

The Act aims to make provision for equitable access to and sustainable development of the nation's mineral and petroleum resources and for related matters. It was amended by the Minerals and Energy Laws Amendment Act 11 of 2005 and the Mineral and Petroleum Resources Development Amendment Act 49 of 2008.

Source

Issuer

South Africa

Year

2002

Region

Africa

Issuer (type)

South African Government (Government)

Instrument type

Act

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

Restrictiveness
- High 0.96%
Restrictions on business
- Low 0.07%
ESG
- E focus: degradation, energy, environment, environmental management, environmental policy, land use, pollution, soil, waste, water, conservation
- S focus: community development, discrimination, compensation
- G focus: financial report
Sustainable Development Goals
GRI standards
Main industries targeted
- Finance, Management, Manufacturing, Mining, Public administration, Real estate