ESG

"We will finish [the SA mining charter] within three months"

New resources minister Gwede Mantashe vows to finalise charter

Staff reporter
New resources minister Gwede Mantashe vows to finalise charter

New resources minister Gwede Mantashe vows to finalise charter

"We will finish it within three months, I am putting that timeframe for myself," Mantashe told the eNCA news channel, Reuters reported.
 
Mantashe's surprise appointment to the role was welcomed this week by South Africa's Chamber of Mines, which has postponed its court action opposing the updated charter released in mid-2017.

The charter unveiled by former mining minister Mosebenzi Zwane had little industry consultation and had increased requirements for black ownership and community payments, among others.
 
The chamber has said Mantashe, previously the National Union of Mines general secretary, was a person with whom the industry had long held "a constructive and respectful relationship".
 
It had agreed to postpone its court action in mid-February on the basis of new president Cyril Ramaphosa's commitment to resolve the charter impasse and to facilitate consultation. 
 
"The chamber welcomes the opportunity the president's commitment provides, which will allow parties the space to engage and find an amicable solution," it said at the time.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.