Chamber of mines welcomes decision to suspend implementation of mining charter

The application for an urgent interdict by the Chamber of Mines to prevent the implementation of the controversial Mining Charter will be heard in September.

On Friday the chamber announced the implementation of the law which increases the minimum threshold for black ownership of mining companies to 30%, has been put on ice by government pending judgment in the case.

READ: Chamber to seek court interdict against new mining charter

ALSO READ: Chamber of Mines cries foul over new Mining Charter

The two sides have agreed that the chamber’s case will now be heard in September after it was originally scheduled for 18 July.

Xolani Gwala spoke to the Chamber of Mines CEO , Roger Baxter.

The Minister has given a written undertaking to suspend the implementation of the charter pending the judgment in the urgent interdict application that we brought, which was due to be held on Tuesday which is a good first step,

Roger Baxter, Chamber of Mines CEO

We want the charter to be taken on a full review because this is not our charter, it is really designed to benefit a select few to the disadvantage of all citizens.

Roger Baxter, Chamber of Mines CEO

Click on the link below to listen to the full audio...


This article first appeared on 702 : Chamber of mines welcomes decision to suspend implementation of mining charter


Recommended

by NEWSROOM AI
Read More
No certainty if strange stone originates from outside the solar system

No certainty if strange stone originates from outside the solar system

In 2013 researchers announced the 'Hypatia' stone found in the south-west of Egypt, was most certainly not from Earth.

[LISTEN] ANC's proposed land expropriation explained

[LISTEN] ANC's proposed land expropriation explained

The Institute of Race Relations explains the confusion around the proposed amendment to Section 25 and how this affects property.

 ‘Mining Charter is populism on steroids'

‘Mining Charter is populism on steroids'

The Money Show’s Bruce Whitfield interviews Chamber of Mines CEO Roger Baxter.

"Transformation is non-negotiable but we must mitigate against negative impact"

"Transformation is non-negotiable but we must mitigate against negative impact"

Zizi Kodwa was part of the ANC delegation that met with the Chamber of Mines on Tuesday over the new controversial mining charter.

Chamber of mines says new Mining Charter "improperly negotiated"

Chamber of mines says new Mining Charter "improperly negotiated"

The Chamber of Mines has met with an African National Congress (ANC) delegation to discuss its concerns around the Mining Charter.

'ANC was clearly not involved in Mining Charter. But Dubai probably was'

'ANC was clearly not involved in Mining Charter. But Dubai probably was'

The Money Show’s Bruce Whitfield interviews Joburg Indaba Chairperson Bernard Swanepoel.

Popular articles
[LISTEN] New Visa regulations could change the face of South African tourism

[LISTEN] New Visa regulations could change the face of South African tourism

Lecturer at TUT's Dept of Tourism, Unathi Henama says that the tourism sector is at the center of the economic policies in SA.

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

Is biology putting the brakes on your sexuality? Callers share their experiences of sex and growing older.

'Some weed plants with high levels of chemicals have been linked to psychosis'

'Some weed plants with high levels of chemicals have been linked to psychosis'

Naked Scientist, Chris Smith shares his insights on some of the risks associated with smoking marijuana.

DStv Premium on a downward spiral, warns tech guru

DStv Premium on a downward spiral, warns tech guru

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.

Hits from the bong (it’s legal!)… then off to work I go?

Hits from the bong (it’s legal!)… then off to work I go?

The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.

17-year-old learner killed teacher for not allowing him to jump the food queue

17-year-old learner killed teacher for not allowing him to jump the food queue

Spokesperson for Education department says the fact that this learner is still in Grade 10 at 17 may indicate there is a problem.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.