Date first published: 10/06/2025
Key sectors: mining
Key risks: business risks; business disruptions; frustration of process
Risk development
On 29 May the government cancelled 129 mineral exploration permits, primarily focused on the gold, diamond and bauxite mining sectors. The stated reason was to facilitate a switch to a digitised system to reportedly optimise the licensing and exploration process, with all assets returned to the government. This followed the revocation of 51 mining permits from gold, bauxite, iron and other mineral operators on 15 May for reportedly underutilising concessions and failing to meet the terms in the concession agreement.
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