https://newsletter.mw.creamermedia.com
Exploration|Flow|Mining|Flow
Exploration|Flow|Mining|Flow
exploration|flow-company|mining|flow-industry-term

Treasury must be instructed to incentivise mining exploration as a matter of urgency

15th April 2022

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

Former Finance Minister Trevor Manuel once promised to introduce a flow-through scheme to incentivise mineral exploration but instead gazetted a scheme that finance boutiques seemed to like.

Not a single mining company took it up. Many efforts were made to communicate that other countries had perfected exploration incentivisation and that there was no need for Treasury to try and reinvent the wheel. But getting through to Treasury proved impossible. Treasury must now be instructed by those able to do so to go about exploration incentivisation in the right way.

Treasury must be made to acknowledge that without mining’s massive recent tax contribution, it would have been up the creek without a paddle. It must also be made to realise that without exploration, mining will cease to exist, and if mining ceases to exist, there will be no economic bail-out next time the South African economy runs aground.

To watch Creamer Media's latest video reports, click here
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ALBIS FLANGES (Pty) Ltd
ALBIS FLANGES (Pty) Ltd

ALBIS FLANGES — founded in 1965 — is a petro-chemical approved manufacturer of flanges and fittings in most grades of steel, listed with Sasol,...

VISIT SHOWROOM 
Lilak Aluminium
Lilak Aluminium

For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 20 February 2026
Magazine round up | 20 February 2026
20th February 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.129 0.228s - 128pq - 2rq
Subscribe Now