The Mineral and Petroleum Resources Development Act (MPRDA)

The Mineral and Petroleum Resources Development Act (MPRDA) is South African legislation that regulates the ownership, management, and use of the country's mineral and petroleum resources. It aims to promote socio-economic development, ensure environmentally responsible mining, and provide fair access to resources. The Act emphasizes government control over mineral rights, mandating that companies obtain permits and licenses before exploration or extraction. It also emphasizes transformation in the mining sector, encouraging participation by historically disadvantaged groups. Overall, the MPRDA balances resource development with environmental protection and social equity.