'Meeting three month deadline for new Mining Charter will be difficult'

New mining minister Gwede Mantashe says he hopes to finalise a new Mining Charter in the next three months.

The Mining Charter is expected to outline requirements for black ownership levels and other controversial targets.

Last month, the Chamber of Mines agreed to suspend court action challenging the document and return to negotiations.

LISTEN: Chamber of Mines to give negotiations a chance

Former mining minister Mosebenzi Zwane and the Chamber of Mines became embroiled in a court battle over the controversial Mining Charter last year.

Read: Suspension of Mining Charter court bid shows progress - analyst

Lawyer and mining expert Peter Leon says it may be difficult to achieve agreement on the new charter in three months, considering the new involvement mine-hosting communities.

I think the three month deadline is very optimistic on the minster's part.

 Peter Leon, lawyer and partner at Herbert Smith Freehills

The mine-affected communities would have to be involved in these negotiations and that will be another factor to take into account.

 Peter Leon, lawyer and partner at Herbert Smith Freehills

Take a listen to his expert opinion:


This article first appeared on CapeTalk : 'Meeting three month deadline for new Mining Charter will be difficult'


Recommended

by NEWSROOM AI
Read More
[LISTEN] Author Robin Emsley writes book on world of West Coast snoek fishermen

[LISTEN] Author Robin Emsley writes book on world of West Coast snoek fishermen

His book, titled 'Snoek on the Couch', is about the popular fish and about the people of the West Coast in South Africa.

Treatment for ADHD more accessible to kids in 'privileged' schools

Treatment for ADHD more accessible to kids in 'privileged' schools

Despite the known efficacy of treatment, access to health care and treatment for ADHS is limited for many children.

'Mining communities must be front and centre in mining charter review'

'Mining communities must be front and centre in mining charter review'

Attorney Wandisa Phama says Macua's protest outside court on Monday demanded that its challenge to the Mining Charter be heard.

Suspension of Mining Charter court bid shows progress - analyst

Suspension of Mining Charter court bid shows progress - analyst

Mining analyst Mamokgethi Molopyane says all parties will have to agree on the percentage of black ownership at mining companies.

[LISTEN] Chamber of Mines to give negotiations a chance

[LISTEN] Chamber of Mines to give negotiations a chance

Chamber of Mines say they are giving the mining charter negotiation process proposed by the President a chance.

Minister Zwane cannot be larger than the mining industry - NUM's Frans Baleni

Minister Zwane cannot be larger than the mining industry - NUM's Frans Baleni

The Mining Indaba comes to an end on Thursday with issues around the controversial Mining Charter still hanging in the air.

Popular articles
Evidence shows how ANC’s Danny Msiza allegedly benefited from VBS looting

Evidence shows how ANC’s Danny Msiza allegedly benefited from VBS looting

Msiza has now resigned from his position as ANC Limpopo treasurer general.

[Watch the latest adverts] Do you agree? Chicken Licken is the boss of Nando’s!

[Watch the latest adverts] Do you agree? Chicken Licken is the boss of Nando’s!

Chicken Licken’s latest ad flame-grills the most recent one by Nando’s, says Nicholas Kühne of Wunderbrand.

10 most-read 'personal finance' articles of 2018

10 most-read 'personal finance' articles of 2018

Making ends meet, investments, property, debt, financial freedom… these were the very best "your money" articles of the year.

#CyrilOn702: 'I can assure your listeners that Thursday is confirmed'

#CyrilOn702: 'I can assure your listeners that Thursday is confirmed'

Head of Presidency Zizi Kodwa confirms Xolani Gwala's exclusive interview with President Cyril Ramaphosa will go ahead.

'I am not sure why I must vote for the DA yet again'

'I am not sure why I must vote for the DA yet again'

Caller Phillip on the Eusebius McKaiser Show says he is not sure whether he should vote DA as its policies are uninspiring.

Tons of coal exported from SA not Eskom grade says expert

Tons of coal exported from SA not Eskom grade says expert

While South Africans are sitting in the dark million tons of coal is shipped to other countries like China, Japan and India.

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.