We will have to eyeball each other, says Chamber of Mines president Mxolisi Mgojo
The Chamber of Mines has taken a stance against corruption and bad government in its decision on how to deal with Mineral Resources Minister Mosebenzi Zwane, but realises it needs to "eyeball and wrestle" all stakeholders around a table to thrash out good mining policies and regulations. Speaking at the Jo’burg Indaba mining conference, chamber president Mxolisi Mgojo said the chamber was not waiting for the outcome of the two court challenges it had mounted against Zwane and his department around the Mining Charter, and was seriously working on what a good charter would look like. The enormously damaging changes to the Mining Charter that Zwane introduced in June, along with pending amendments to the Mineral and Petroleum Resources Development Act, which have been a work in progress for five years, coupled with rampant corruption in the government, political uncertainty, and the difficulty of doing business in SA, have made the country a no-go zone for some investors. Confirming an...
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