MINING SECTOR
Chamber of Mines spurns Gigaba’s overture to avoid court battle
The chamber says it will talk to Malusi Gigaba and the Treasury on the Mining Charter and investment, but it will not back away from its legal challenge
For a second time in October the Chamber of Mines has spurned an overture from senior government and ANC figures to find solutions out of court to resolve the pending legal battle to review and set aside the third iteration of the Mining Charter. On Wednesday, Finance Minister Malusi Gigaba made an appeal to the chamber for negotiations to end the “impasse”. This followed an earlier offer by ANC treasurer-general Zweli Mkhize to facilitate talks with Mineral Resources Minister Mosebenzi Zwane to find an alternative resolution to avoid a court-driven one. During his maiden medium-term budget policy statement in Parliament, Gigaba implored the mining industry and the Department of Mineral Resources to tackle the “impasse”. “Slow progress and poor co-operation has given rise to a lack of trust between stakeholders and policy contestation that has compromised the economy and confidence,” Gigaba said. “It is critical that we resolve the impasse in the mining sector … “Government and busi...
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