dmr , page-34

Heres some reading material regarding Anglo's 2007 stance on compensation for expropriations....

http://www.miningweekly.com/article/anglo-won039t-lodge-sa-expropriation-claim-by-monday039s-deadline-confident-of-averting-all-future-claims-2007-04-26

"Anglo won't lodge SA expropriation claim by Monday's deadline, confident of averting all future claims

By: Matthew Hill
26th April 2007

some exerpts...
"Under the Mineral and Petroleum Resources Development Act (MPRDA), which was promulgated on May 1, 2004, the normal three-year prescription period for claims had been incorporated. However, earlier this year, the Department of Minerals and Energy (DME) committed to amending the Act and its associated regulations to defer potential claims to 2011.


This, it said, would enable the legislation to run its course, given that the first conversion deadline for mineral rights, from the old private-ownership regime to the new State-custodianship model, was only April 30, 2009. By that time, mining companies must have transferred 15% of their equity to black South Africans, as well as have met other social and corporate-transformation criteria in order to convert their licences. The second key deadline was 2014, by which time the equity ownership portion by black South Africans should have been raised to 26%." cont...............

"He added that, given the level of cooperation between government and Anglo, he was also confident that no claim would arise in future.

“We have every confidence that the conversion of mineral rights from old order to new order will be followed through in terms of the Act, and we are quite clear that there are specific requirements of us, and we will have to satisfy the Minister's officials that we have complied,” Baum said." cont..........

......"and the DME was already in the process of engaging with Anglo Platinum (Angloplat).

Baum said that Anglo was currently “in discussions” to resolve the dispute that it had with governement over nine of its prospecting licences that had been turned down."cont
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So whats happening now?
Requirements may have changed since 2007 but I found this article quite intersting and wonder what others get from it, considering our position, being shareholders of those grounds where it appears that oldorder rights were once held by others...possibly were turned down?...at which point were then awarded to new applicants...??

I also remember the Bengwenyama article stated...
http://www.iol.co.za/business/business-news/ruling-gives-chance-for-rags-to-riches-1.1009555

"Maphanga said the mineral rights lapsed after two years.

“In 2004 when the rights expired we said we want our own rights, and when they lost the rights we decided to apply.” he said.

Maphanga said the community then wrote to the department to inform it that the agreement with Anglo had ended and the rest was history." cont....

If the BENG BEE had written to end an agreement..then you would assume that prospecting licenses might get turned down?

But i am patching points together just trying to understand why the PAJA now?....if no compensation was to be applied for....still?