ESG

SA nears end of revised mining charter process

Summit to take place before the final product presented to cabinet

Minister of mineral resources Gwede Mantashe at the final round of mining charter community consultations

Minister of mineral resources Gwede Mantashe at the final round of mining charter community consultations

He said the next step would be to convene a summit where the Department of Mineral Resources would present a draft and allow all stakeholders to comment on the final product that came out of the process of community consultations that started in March.

The charter would then be presented to cabinet and gazetted. This is keeping with the June deadline given in May.

"This process has afforded us an opportunity to reach out to all stakeholders and receive inputs from communities that will contribute in shaping the mining charter", Mantashe said.

"We believe that with the inputs received, we will have a solid charter, which once implemented, will move our transformation objectives forward."

The extensive stakeholder engagement approach has been the complete opposite to that taken by the previous minister of mineral resources Mosebenzi Zwane, who gave stakeholders little idea of what the finished product would be until it was published and then shocked them with some drastic changes.

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