“post-1990 gold mine” means a gold mine-

(a)     which, in the opinion of the Director-General: Mineral and Energy Affairs, is an independent workable proposition and in respect of which a mining authorisation for gold mining was issued for the first time after 14 March 1990 in terms of the Minerals Act, 1991 (Act No. 50 of 1991); or

(b)     for which a mining permit or mining right for gold mining (other than a mining permit or mining right issued on conversion of an old order mining right as defined in paragraph 1 of Schedule II to the Mineral and Petroleum Resources Development Act) was issued for the first time on or after 1 May 2004 in terms of that Act;

[Definition of “post–1990 gold mine” inserted by section 2 of Act 101 of 1990, amended by section 2 of Act 141 of 92 and substituted by section 1 of Act 43 of 2014 effective on 1 May 2004]