Coal of Africa Limited is pleased to advise that the suspension of the Integrated Water Use Licence (IWUL) for the Makhado Project has been lifted by Nomvula Mokonyane, South African Minister of Water and Sanitation.
In April 2016, an appeal was lodged against the decision by the DWS to grant an IWUL to Baobab Mining and Exploration for Makhado in terms of Section 41 of the South African National Water Act.
Following representation by the company in May 2016 and February 2017, the Minister exercised her discretion and lifted the suspension in terms of Section 148 (2) (B) of the Act.
The IWUL is now executable. The appellants have the opportunity to voice their concerns through the Water Tribunal.
The lifting of the appeal by the Minister and the recently announced finance facility by the IDC are key steps in the advancing of the Makhado Project.
“The lifting of the suspension of the IWUL by the Minister is welcomed as this decision completes the suite of regulatory authorisations required for the Makhado Project. It further confirms government’s support for the Makhado Project and its potential to drive sustainable socio-economic transformation. We will continue to work with all parties to ensure that the matter is completed satisfactorily, and furthermore to secure the remaining surface rights,” says David Brown, CoAL Chief Executive officer.