MINERAL RESOURCES
Mosebenzi Zwane wants young to make use of ‘opportunities’ in mines charter
Mineral Resources Minister Mosebenzi Zwane plans to popularise the new mining charter among young people and would embark on provincial roadshows in the next two weeks "to raise awareness and take the charter to the people". Speaking in Parliament during his budget vote debate in the National Council of Provinces on Wednesday, Zwane continued his defence of the controversial latest version of the charter, saying that young people "must exploit the opportunities to be unleashed" by what he called "this instrument of change". The roadshows come as the Chamber of Mines prepares to interdict the charter and have it placed under legal review. Released last week, the charter has caused panic and fury in the industry. Among other measures, it plans to increase black economic empowerment (BEE) ownership in mines from 26% to 30% within 12 months. The chamber and various stakeholders inside and outside the ANC have accused Zwane of pushing ahead with the contentious regulations without much c...
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