Chamber of mines welcomes decision to suspend implementation of mining charter

The application for an urgent interdict by the Chamber of Mines to prevent the implementation of the controversial Mining Charter will be heard in September.

On Friday the chamber announced the implementation of the law which increases the minimum threshold for black ownership of mining companies to 30%, has been put on ice by government pending judgment in the case.

READ: Chamber to seek court interdict against new mining charter

ALSO READ: Chamber of Mines cries foul over new Mining Charter

The two sides have agreed that the chamber’s case will now be heard in September after it was originally scheduled for 18 July.

Xolani Gwala spoke to the Chamber of Mines CEO , Roger Baxter.

The Minister has given a written undertaking to suspend the implementation of the charter pending the judgment in the urgent interdict application that we brought, which was due to be held on Tuesday which is a good first step,

Roger Baxter, Chamber of Mines CEO

We want the charter to be taken on a full review because this is not our charter, it is really designed to benefit a select few to the disadvantage of all citizens.

Roger Baxter, Chamber of Mines CEO

Click on the link below to listen to the full audio...

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