Mining Commission Calls For Mining Licence Holders To Submit Local Content Compliance Plan

The Mining Commission issued a public notice on 17 July 2018, calling for mining licence holders to submit their local content plans to the Mining Commission. The call is in line with the requirements of the Mining (Local Content) Regulations, 2018 (the "Regulations").

Licence holders are obliged, under the Mining Act, 2010 and the Regulations, to ensure that local content is a component of their mining activities and are required to prepare and submit a local content plan for approval by the Mining Commission. In terms of the Regulations, the local content plan is required to have sub-plans relating to procurement of goods and services, employment and training, research and development and technology transfer. In addition, licence holders are, after commencement of mining activities, obliged to submit to the Mining Commission an annual local content performance report, within 45 days of the beginning of each year.