Minerals Council CEO Roger Baxter today told delegates at the Joburg Indaba that while the South African mining industry is dealing with possibly one of the harshest environments that it has experienced in many decades, the industry is also beginning to see the first rays of a new dawn. Read More
Minerals Council CEO, Roger Baxter, told delegates at the Joburg Indaba that while the South African mining industry is dealing with possibly one of the harshest environments that it has experienced in many decades, the industry is also beginning to see the first rays of a new dawn. Read More
The Minerals Council of South Africa broadly supports the intentions and content of the new Mining Charter, but there are a few sticking points over which the council wants to engage the minister. Read More
South Africa’s mining exploration industry received a massive shot in the arm after the country’s mines minister, Gwede Mantashe, said there were no empowerment ownership targets in the newly gazetted Mining Charter order to qualify for prospecting licences. Read More
The Minerals Council SA will talk to mineral resources minister Gwede Mantashe and his team about a few issues that it is unhappy with in the recently gazetted Mining Charter 2018. Read More
The Minerals Council of South Africa said the Mining Charter gazetted last week represented “a clear and durable framework”, an acknowledgement that any potential court challenge is highly unlikely.
However, it stopped short of providing a ringing endorsement saying it was concerned about a requirement to adopt new 30% ownership target on mining right renewals.
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The Minerals Council South Africa, on behalf of its members, welcomes the publication of the Mining Charter and broadly supports its intentions and content. This new Mining Charter is the product of substantial engagement between key stakeholders and is a compromise that reflects different difficult choices that have been made. Read More
These unresolved issues include the limited applicability of continuing consequences of past transactions on the disposal of black economic empowerment shareholding, MCSA, which is led by CEO Roger Baxter, said on Wednesday. Read More
The Minerals Council South Africa said in a statement that it “remains concerned about some key issues” including the “practicality of the Inclusive Procurement provisions relating to local content targets for mining goods, the targets for services, and the turnover threshold for junior miners.” Read More
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