Mining Charter should be adjusted not scrapped - mining analyst

The relationship between South Africa's Chamber of Mines and the mining ministry seems to have hit rock bottom.

CEO at Chamber of Mines, Roger Baxter says after engaging the Minister of Mineral Resources, Mosebenzi Zwane and the African National Congress (ANC) on its concerns regarding the Mining Charter, the only way resolve the matter is through the courts.

Mamokgethi Molopyane, mining analyst and MD at Creative Voodoo, says in terms of policy, the mining sector is in a crisis.

There hasn't been a time when finalising a mining policy has taken this long in post 1994 South Africa.

Mamokgethi Molopyane, mining analyst and MD at Creative Voodoo

It's not even a tit for tat anymore but a full blown battle between mining business and government.

Mamokgethi Molopyane, mining analyst and MD at Creative Voodoo

The mining charter should be adjusted because if it gets scrapped there'll always be a cloud that the business side of mining rejected transformation says Molopyane.

To hear more of this interview, listen below:


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Expert says organic carbon content in the Karoo is overcooked

Expert says organic carbon content in the Karoo is overcooked

Prof Michiel de Kock says the gas and oil have been released but they weren't preserved well and have overheated.

Chamber of Mines agrees to withdraw interdict, mining charter remains on ice

Chamber of Mines agrees to withdraw interdict, mining charter remains on ice

The Chamber of Mines has withdrawn an urgent application to interdict the implementation controversial Mining Charter.

Committee can't agree on how to proceed on state capture probe

Committee can't agree on how to proceed on state capture probe

EWN Reporter Lindsay Dentlinger reports on the meeting held by Parliament's Mineral Resources Committee on state capture probe.

OPINION: Zwane’s mining charter sinkhole

OPINION: Zwane’s mining charter sinkhole

The mineral resources minister has also been slammed for trying to damage brand South Africa.

"Politics has become the Berlin wall of SA's mining industry"

"Politics has become the Berlin wall of SA's mining industry"

Labour analyst Mamokgethi Molopyane says we are now in the face of a tit for tat between the mining ministry and business.

Report: How the Gupta's encircled Lynne Brown

Report: How the Gupta's encircled Lynne Brown

According to amaBhungane and Scorpio, Brown's PA, romantic partner and director-general have been linked to Gupta's.

[LISTEN] Mantashe slams Gungubele, says ANC will abide by August 8 decision

[LISTEN] Mantashe slams Gungubele, says ANC will abide by August 8 decision

Wednesday, August 8, is when MPs will vote for or against President Zuma.

Outa compiling court bid to propel Hawks' Prasa corruption probe

Outa compiling court bid to propel Hawks' Prasa corruption probe

The Organisation Undoing Tax Abuse says the Hawks has been dragging its feet on investigating Prasa's irregular tender deals.

OPINION: Gupta minister will destroy mining industry

OPINION: Gupta minister will destroy mining industry

Xolani Gwala shares his thoughts on Mineral Resources Minister Mosebenzi Zwane's poor handling of a struggling mining sector.

I don’t know about the Dept, but I can’t be captured - Deputy Minister Oliphant

I don’t know about the Dept, but I can’t be captured - Deputy Minister Oliphant

The Money Show’s Bruce Whitfield played a clip from his colleague Xolani Gwala, who interviewed the deputy minister.

National Union of Mineworkers slams Minister Zwane’s moratorium on mining deals

National Union of Mineworkers slams Minister Zwane’s moratorium on mining deals

The Money Show's Bruce Whitfield interviews NUM Head of Transformation Luthando Brukwe.

Popular articles
[LISTEN] Gauteng ANC accuses DA-led Tshwane administration of corruption

[LISTEN] Gauteng ANC accuses DA-led Tshwane administration of corruption

The ANC's regional leadership is expected to release more details in a press conference on Wednesday.

'Minnie understood he might become a target'

'Minnie understood he might become a target'

Marianne Thamm wrote the forward to 'The Lost Boys of Bird Island' and worked with Mark Minnie in editing the controversial book.

[WATCH] Dad dresses up as a mom so his sons don't feel left out on Mother's Day

[WATCH] Dad dresses up as a mom so his sons don't feel left out on Mother's Day

Khabazela shares Facebook posts, YouTube videos that have gone viral including one with the smartest dogs.

[LISTEN] Is your phone listening in on your conversations?

[LISTEN] Is your phone listening in on your conversations?

MD at World Wide Worx Arthur Goldstuck explains how your phone may record your voice conversations.

JHB CBD muggings - Where are the police ?

JHB CBD muggings - Where are the police ?

City of Joburg mayor Herman Mashaba says undocumented people living in the city make it difficult to combat crime.

'Black Tax'... working hard, earning well, but struggling financially

'Black Tax'... working hard, earning well, but struggling financially

Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Juan Sanchez shares stories of Fidel Castro that’ll make you re-examine everything you thought you knew about the Cuban dictator.