'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'


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