The Mining Charter, which the industry has slammed as impractical, making the sector uninvestable, has been suspended pending judgment on an urgent court interdict. However, the delay in implementing the charter might offer the industry and Mineral Resources Minister Mosebenzi Zwane an opportunity to reach a compromise. ANC head of economic transformation Enoch Godongwana said on Friday there had to be "trade-offs" and "compromises" between all stakeholders before the revised Mining Charter could be implemented. "The difficulty we have is that, if they are going to spend most of their time in court, the charter is not going to be implemented. But if they could achieve consensus there would be a speedy resolution and implementation of the charter," Godongwana said. The ANC's economic transformation committee had proposed to the department, even before Zwane was appointed as minister, that the matter should not be left to the courts for technical interpretation, he said. Trade-offs wo...
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