Mining Land & Surface Rights

Rustenburg and the surrounding areas of Brits, Mooi Nooi, Marikana, Northam and Boshoek are situated on the western limb of the Merensky Reef, and mining activities predominate. Surface rights are sometimes required for ventilation shafts, slimes dams or shaft infrastructure and may be purchased or leased. In almost all mining areas, a unique “mining use” value has been established where prices are two to three times that of pure agricultural land in the same area. Generally speaking it can be said that where ‘mining use’ prices are being paid, the quality of the land should not be taken into account because the land is being valued in terms of its highest and best use which is mining.