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South Africa's archaic legislation is strangling the... - Vimarsana News

South Africa's archaic legislation is strangling the...

Daily Maverick 168 weekly newspaper. South Africa’s alluvial diamonds have the potential to create sustainable jobs, drive inclusive growth and aid our economic recovery from the Covid-19 pandemic. But that will only happen if we change the archaic, rigid diamond mining legislation strangling the junior diamond mining industry in this country. It shouldn’t cost more than half a million rand and take a year to get a permit, when the average life of an alluvial diamond concession is about 1.3 years. But it does. Alluvial diamond operators shouldn’t have to comply with 10-year social and l...