The legal foundation for the Mining Charter lies in Section 100(2)(a) of the Minerals and Petroleum Development Act (the MPRDA) whereby the Minister of Mineral Resources: “..must … develop a broadbased socioeconomic empowerment Charter that will set the framework for targets and time table for effecting the entry into and active participation of historically disadvantaged South Africans into the mining industry, and allow such South Africans to benefit from the exploitation of the mining and mineral resources and the beneficiation of such mineral resources.” Read More
South Africa’s Chamber of Mines will turn to the courts again should the Department of Mineral Resources (DMR) record the current draft of the mining charter in the government gazette next month. Read More
The Chamber of Mines of South Africa said the 2017/18 budget demonstrates that sustaining and enhancing social good is dependent on the extent of economic growth enjoyed. Read More
The Chamber of Mines of South Africa has described Finance Minister Pravin Gordhan as having done an effective job of maintaining fiscal discipline with a budget deficit of 3.1% in these most trying of times. Read More
The Chamber of Mines, acting on behalf of gold producers AngloGold Ashanti, Harmony Gold and Sibanye Gold, has welcomed the ruling by the Constitutional Court in favour of the three gold producers. Read More
The Chamber of Mines of South Africa has welcomed President Jacob Zuma's commitment to ensuring that the mining sector remains a priority area of the economy. Read More
Chamber of Mines vice president Neal Froneman says expensive, labour-intensive mining methods could result job losses if smart new machines are not introduced. Read More
It is possible to extend the lives of existing mines, was one of the messages conveyed by Neal Froneman, vice president, Chamber of Mines, while giving a glimpse of the future of mining to the media at the Investing in African Mining Indaba in Cape Town. Read More
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