MINING IMPASSE
Cyril Ramaphosa to tackle Mining Charter impasse
Deputy President Cyril Ramaphosa on Thursday said he was ready to take on another seemingly intractable problem: the impasse in the mining sector between producers and the Department of Mineral Resources over the new Mining Charter. Speaking at a media conference at the World Economic Forum in Davos, Switzerland, Ramaphosa spoke confidently about SA’s "new era" but also indicated that urgent action was needed to resolve the two-year impasse over the Mining Charter. The Chamber of Mines has applied for a judicial review of the document, arguing that Mineral Resources Minister Mosebenzi Zwane overstepped his powers and ignored the mining industry’s objections to the new charter. The charter has been suspended pending the outcome of a judicial review. In an interview, Finance Minister Malusi Gigaba strongly endorsed Ramaphosa’s decision, saying he was glad the deputy president had come out so strongly on the issue. Gigaba has himself been involved in behind-the-scenes discussions with ...
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