Government missing out on P16bn mining revenue

Sunday Standard Government missing out on P16bn mining revenue The government has confirmed that it does not hold equity stakes in several mining operations that generated approximately P16 billion in revenue in 2025. This is despite despite having the option under mining legislation to acquire ownership interests when licenses are granted. In response to a Sunday Standard inquiry, the Ministry of Minerals and Energy said government has no direct shareholding in Mowana Mine, Karowe Mine, Khoemacau’s Zone 5 Mine, Minergy’s Medie Mine and Motheo Mine. .ihc-locker-wrap{}There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours. Save 77% on an annual subscription. Click here to find out how. Existing subscribers can log in to keep reading here. jQuery(document).ready( function(){ jQuery('#iump_login_username').on('blur', function(){ ihcCheckLoginField('log', 'Please complete all required fields!'); }); jQuery('#iump_login_password').on('blur', function(){ ihcCheckLoginField('pwd', 'Please complete all required fields!'); }); jQuery('#ihc_login_form').on('submit', function(e){ e.preventDefault(); var u = jQuery('#ihc_login_form [name=log]').val(); var p = jQuery('#ihc_login_form [name=pwd]').val(); if (u!='' && p!=''){ jQuery('#ihc_login_form').unbind('submit').submit(); } else { ihcCheckLoginField('log', 'Please complete all required fields!'); ihcCheckLoginField('pwd', 'Please complete all required fields!'); return FALSE; } }); } ); The post Government missing out on P16bn mining revenue first appeared on Sunday Standard and is written by Thobo Motlhoka