KAROO BASIN HIT WITH MORATORIUM

Thursday, February 17, 2011
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The Minister of Mineral Resources, Susan Shabangu, published a notice in the Government Gazette on 1 February 2011, announcing a moratorium on new applications for reconnaissance permits, technical co-operation permits, exploration rights and production rights for an indefinite period over the Karoo Basin. The moratorium will not affect the processing of applications lodged prior to 1 February 2011.

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