Govt, miners need to ‘go back to drawing board’ on Charter – Ramaphosa

June 20, 2017

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Deputy President Cyril Ramaphosa says government and the mining industry need to “go back to the drawing board” in crafting the next version of the Mining Charter, following the recent Gazetting of a third version that caused deep consternation within the industry and precipitated a major sell-off in South African mining stocks. Speaking at the Gordon Institute of Business Science in Johannesburg on Tuesday, Ramaphosa said there was “clear misalignment” between the industry, as represented by the Chamber of Mines, and Mineral Resources Minister Mosebenzi Zwane over whether consultation on the charter had been “full and complete”.

Category: General