sounds like oil and gas legislation will be split from the...

sounds like oil and gas legislation will be split from the mprda. Robert Willes was saying in his interview that this would be favourable for Challenger.

Mineral Resources Minister Ngoako Ramatlhodi said last month, during a visit to the Electra Mining Africa exhib- ition, that he had met with President Jacob Zuma concerning the Mineral and Petroleum Resources Development Act Amendment Bill and was “certain that the President will make an announcement on it in the next few weeks”.
During an exclusive interview with Mining Weekly at the exhibition, the Minister further said the six-week think-tank exercise, or ‘lab’ work, on potential oil and gas legislation had been completed and had resulted in government looking at drafting legislation that regulates oil and gas separately to the law that currently regulates minerals.
“We are certainly looking at decoupling the two.”
When asked about the importance of foreign investment into South Africa’s mining industry, he said that, without investment, minerals would not be extracted.

http://www.miningweekly.com/article...announcement-imminent---ramatlhodi-2014-10-03