NSDV prepares for outsourcing trend in mineral rights management
Specialist mining law firm creates outsourced compliance solution for Africa’s mining industry
The global trend towards green energy and sustainable environmental management is placing almost impossible regulatory pressure on mining companies and the bodies that regulate them. South African mineral right holders operate within a highly complex legislative environment, and many are looking for credible solutions to ease the compliance and administrative burden in the mining sector.
“From the multitude of municipal bylaws to the MPRD Act, NEMA and the various 14 acts, regulations, and charters in-between, to mention a few, it’s extremely complex to navigate and that’s why we created a simple compliance solution that removes the complexity for our clients, and let’s us do what we do best” comments Lili Nupen, Director and Co-founder of NSDV.
NSDV’s Mineral Right Management service will track and monitor all reporting obligations, coordinate timeous and accurate reporting to all regulatory authorities, assess and manage legal and compliance risks, secure timeous approvals of regulatory applications, and provide full legal responses to directives, regulatory appeals, and administrative errors.
The new Mineral Rights Management service is unique in that the firm offers active management of relationships with regulators and external consultants. NSDV’s contemporary brand of law is exceptionally focused on relationship building, “we prefer people to paper” says Nupen.
With a proprietary four-phase approach, mineral rights holders can expect NSDV to manage everything from creating a mineral rights data repository in the initial phase, to regulator and stakeholder relationship strategy development and bi-annual compliance and risk reporting.
NSDV can offer this unique solution to clients by developing a regulatory engagement strategy, facilitating engagements with relevant regulatory bodies and representatives, attending meetings with clients & regulators, facilitating, and managing negotiations, preparing, and submitting responses to regulators, and assisting in expediting applications and resolving disputes on clients’ behalf.
“When a client calls with an issue, we don’t simply rely on the paper trail, any law firm can do that and most of them can do it well. We pick up the phone, WhatsApp, or drive there and chat to the officials. Our view is that people are behind transactions and the better our relationships, the better our offering to clients who rely on those relationships. Plus, it’s a more collaborative way to do business” adds Nupen.
Another unique offering being launched includes the NSDV Risk Advisory Service offering which adds risk consulting and management, obtaining mine closure certificates, and FIDIC or NEC construction risk management solutions as an outsourced service to clients.
NSDV is Africa’s first integrated law and consultancy firm, specialising in mining, construction, and the environment.
To dig deeper, visit www.nsdv.com
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