NEWS ANALYSIS: Final horse-trading under way for Mining Charter
Mining companies face more anxiety over the development of the third iteration of the Mining Charter as haggling and horse-trading continue over the next 60 days on creating guidelines for the document. To give mineral resources minister Gwede Mantashe his due, he beat his target of October or November for a finalised charter, a document that has consumed his time and that of his key officials since he took office in February, replacing the disastrous Mosebenzi Zwane, and trying to mend the deep divisions and bitter mistrust between the regulator and the Minerals Council SA, the former Chamber of Mines. While the responses to the charter gazetted on September 27 have been generally positive, albeit with some reservations, it is clear that Mantashe, caught between an electorate demanding a radical overhaul of the charter and the business imperatives of attracting and retaining investment in mining, has delivered a compromise document that is workable. "We believe the new charter sign...
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