CEL 5.77% 5.5¢ challenger gold limited

Expected a rise in SP here, page-2

  1. 4,878 Posts.
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    The problem ATM lies with the National Council of Provinces Land and Mineral Resources committee which is dragging the chain on its consultation with each of the provinces. This has been partly because of procedural issues and partly because some of the Provinces reps haven't bothered to turn up to the meetings.

    They've received a hurry up on the 17th April from the Deputy Minister for Mineral Resources and have been asked to conclude its consultation by the end of April

    "The Deputy Minister said that the Department of Mineral Resources (DMR) was concerned about the inordinately long delay in concluding the Parliamentary work on the MPRDA, and urged the Committee to do all it could to conclude it by the end of April. The Department wanted to resolve the issues related to the MPRDA and the Mining Charter within the next three months."

    The committee meets again today and hopefully all the issues can be resolved which will then clear the way for the vote to approve the Act.

    As far as I am aware despite numbers of issues being raised by individual provinces, when it comes to the vote, the committee has rejected all changes to the bill up till now.
 
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