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...

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
LISTEN: Febe Potgieter-Gqubule says SABC finances a priority for new board

LISTEN: Febe Potgieter-Gqubule says SABC finances a priority for new board

New SABC deputy chair Potgieter-Gqubule says SABC finances, staff morale, and editorial independence are top priorities.

LISTEN: Mahlobo says President gave him clear mandate to ensure energy security

LISTEN: Mahlobo says President gave him clear mandate to ensure energy security

The appointment has heightened speculation that Zuma is trying to push through the nuclear deal with Russia.

 ‘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: Gerrie Nel on why he's persuing prosecution against Duduzane Zuma

LISTEN: Gerrie Nel on why he's persuing prosecution against Duduzane Zuma

AfriForum will prosecute Duduzane Zuma after NPA declined to do so in 2015 following a 2014 accident where a woman died.

How we invented the modern concept of sleep

How we invented the modern concept of sleep

Dr Bodhisattva Kar reveals how industrial capitalism influenced the world's current sleep patterns.

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).

Kloof Street residents living in fear as crime multiplies

Kloof Street residents living in fear as crime multiplies

A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.