It was a single comment at a recent junior mining conference that put into context a major part of the problems besetting SA’s mining sector and it ties into the government’s inability to comprehend regulatory stability as the basis for investment decisions.

Peter Leon, a veteran mining lawyer now with Herbert Smith Freehills, said that when the first Mining Charter was agreed and implemented from 2004 the document was taken on a joint roadshow by officials from the then-Chamber of Mines and from the then-department of minerals and energy...

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