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LOCAL MINING NEEDS URGENT POLICY ATTENTION

25th August 2017

By: Martin Creamer

Creamer Media Editor

     

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It is very sad that the mining industry is receiving toxic Mining Charter Three and mineral rights moratorium treatment at a time when the South African economy is in desperate need of stimulation. Even after more than a century of mining, it remains core to defining the entire South African economy. Positive attention to it is being rightfully demanded by the National Union of Mineworkers and the African National Congress. Earlier this year, Mineral Resources Minister Mosebenzi Zwane had to be whisked away from a crowd closing in on him at a community meeting in Mpumalanga, which means that not even communities like what they see in Mining Charter Three. A major irony, given the extent to which Mining Charter Three penalises foreign investment and foreign supplies, was the attendance of LatAm Mining Cumbre in Chile, as well as grapevine talk that he will also be attending the Africa Downunder conference, in Perth.

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