Business In The News South Africa

Num ‘notes’ setting aside of controversial mining charter by minister

JOHANNESBURG, September 14 – The National Union of Mineworkers (NUM) on Thursday said it “notes” the undertaking by Mineral Resources Minister Mosebenzi Zwane to the Chamber of Mines not to implement or apply the provisions of recently gazetted mining charter until the judgement of the review application set down. The review will be heard between 13 and 14 […]

Business In The News South Africa

Zwane undertakes to halt Charter implementation until judgement on industry’s interdict

JOHANNESBURG, September 13 – The Chamber of Mines said on Wednesday that it has reached an agreement with the Minister of Mineral Resources Mosebenzi Zwane that he will not implement the controversial 2017 Reviewed Mining Charter until judgement has been handed down in the Chamber’s urgent interdict. The Chamber said it had met with legal counsel representing Zwane […]

Africa Business In The News South Africa

Chamber of Mines says it has lost confidence in Zwane’s leadership

JOHANNESBURG, September 8 – The Chamber of Mines on Friday said that its members have lost confidence in the Minister of Mineral Resources, Mosebenzi Zwane, and his leadership, saying that the department’s failures have had material costs in the industry. The Chamber’s chief executive, Roger Baxter, said that key governance and policy challenges in South […]

Business In The News South Africa

NUM women’s structure to march to Chamber of Mines, Eskom and Safcec

JOHANNESBURG, August 24–  The National Union of Mineworkers’ (NUM) Women Structure will embark on a national march to the Chamber of Mines, Eskom and South African Federation of Civil Engineering Contractors (Safcec) on Saturday. The NUM Women Structure on Thursday said it will hand over a memorandum of grievances related to transformation and women empowerment at […]

Business In The News South Africa

Chamber files replying affidavit in Mining Charter interdict application

JOHANNESBURG, August 18 – The Chamber of Mines filed its replying affidavit in the North Gauteng High Court on Friday, to support its interdict application which seeks to prevent government from implementing the 2017 Reviewed Mining Charter. This comes after mineral resources minister, Mosebenzi Zwane, last week filed his answering affidavit to oppose the Chamber’s application. […]

Business In The News South Africa

Regulatory uncertainty and strong rand impact on mining production, says Chamber of Mines

JOHANNESBURG, August 11 – The Chamber of Mines has pointed to commodity prices and the strengthening of the rand exchange rate as the reason for the year-on-year decline in mining production for June. Statistics South Africa said on Thursday that mining production had decreased by 2.6 percent year-on-year in June compared to the same period last year, with the platinum […]

Business In The News South Africa

Chamber of Mines dismisses Zwane’s response to High Court challenge on Mining Charter

 JOHANNESBURG, August 8 – The Chamber of Mines on Tuesday came out strongly against the Department of Mineral Resources (DMR) following its answering affidavit submitted to the High Court in response to the Chamber’s urgent application to interdict the implementation of the Reviewed Mining Charter. The Chamber filed an application to have the Mining Charter reviewed and set […]