The Department of Mineral Resources has concluded its public engagements on the Mining Charter and has begun the process of drafting a revised charter, the department’s deputy director of legislative drafting, Mthokozisi Mtshali, said in Parliament Tuesday. Mtshali briefed Parliament’s mineral resources committee on the progress made in concluding the charter. Once the department has finalised the latest draft — by the target date of the end of June — it will be released for public comment. Mineral Resources Minister Gwede Mantashe has also indicated that a summit on the final charter is planned as part of the extended consultation process. Since April the department has been consulting with mine communities and labour sending areas on the charter’s proposals. Among the concerns of communities was the role of the Mining Transformation Development Agency; the percentage of shareholding by communities and employees; the percentage allocated to people with disabilities; ring-fenced pro...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.