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IPMI and Industry News: Industry News

South Africa Mining in Crisis

Monday, June 19, 2017  
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SA mining in crisis as CoM takes Govt’s Mining Charter to court

SOUTH Africa’s mining sector as represented by the Chamber of Mines (CoM) is to turn to the courts in order to contest elements of a Mining Charter redraft published in the Parliament gazette earlier today. “There are huge implications for the mining sector. You are putting it into total disarray.” Equipment manufacturers, banks, and even government-owned institutions, such as Transnet, which rely on transportation of commodities, would be negatively affected by the Mining Charter redraft. - Miningmx 06/19/2017

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