EL 3340 - 50 percent reduction requirement 3 March 2003

Abstract

A further 50% reduction was due on the 14th of May 2003, however De Beers request that the Minister waive the above requirement for a period of 12 months. A work programme was submitted and approved last year by the NLC and the traditional owners of the land. On the other hand an anthropological survey and clearance was not undertaken as planned, and exploration was therefore not allowed to commence. De Beers have permission to drill and intend to do so in July 2003. No exploration activities were undertaken during the fifth year of tenure.