The release next month of the final draft of the third iteration of the Mining Charter has pushed the Chamber of Mines’ patience to breaking point, prompting CE Roger Baxter to deliver an unusually fiery attack on the Department of Mineral Resources, exposing rifts in the sector. "The cumulative effect of all the department’s proposals, combined with existing corporate taxes and royalties, skills development levies and more, would materially affect the viability of an industry already in crisis," Baxter said on Wednesday, pointing out that South African mining companies made a loss of R37bn last year. The department’s deputy director-general for mineral policy and promotion, Mosa Mabuza, said on Wednesday the final version of the charter was "materially different" from the original draft, and that it took into account submissions made.
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