Mining Charter III to be basis of new negotiations, says Mantashe

30th March 2018 By: Anine Kilian - Contributing Editor Online

Mineral Resources Minister Gwede Mantashe last week stressed the importance of tackling key aspects of the third iteration of the Mining Charter (Mining Charter III) with urgency and speed.

Addressing the media at a press briefing, in Pretoria, he said government was not going to start the Mining Charter from scratch, despite criticism from various organisations.

Willing to Discuss

Mantashe stressed that Mining Charter III would be the basis of the negotiation of a new charter with industry, despite the expectations of key players that he would start discussions using Mining Charter II as a baseline.

“We cannot start from a clean paper; we have a Mining Charter and we are willing to discuss and amend certain aspects of it . . . The first problem, that we were not talking, has already been resolved,” he said, referring to discussions held recently with the Chamber of Mines and various stakeholders around Mining Charter III.

Mantasha noted that the meeting dealt with disagreements on Mining Charter III and considered areas of convergence and divergence regarding the charter.

He further stated that the Mining Industry Growth Development and Employment Task Team (Migdett) would be revived.

Migdett was established in 2008 to help the industry counteract the effects of the financial crisis on the mining industry.

“This revived structure will enable us, as social partners, to meet regularly and proactively deal with issues confronting the sector, instead of waiting for a crisis to bring us together,” he said.

Mantashe added that two task teams had been set up – one to focus on transformation in the sector and another to engage on issues of growth and competitiveness.

“These task teams will report back within three weeks.”

He highlighted that Mining Charter III involved transformation, specifically ownership, control, management and meaningful participation, by the black majority in the industry.

“Such transformation can occur in a growing and competitive mining industry. Our emphasis on transformation is on a mining industry that benefits producers – big and small – workers, communities and the economy of the country. “Consequently, in our view, transformation and competitiveness are not mutually exclusive. Therefore, the long-term objective must be captured in the vision for the industry,” he said.

Three-Month Timeline

Mantasha, meanwhile, also reiterated that the charter would be finalised within three months.

The Chamber of Mines, meanwhile, said the industry appreciated the “real engagement” by the Minister.

“We are aligned with the Minister’s thinking that transformation, competitiveness and growth are and should be mutually reinforcing goals. “These imperatives are not at odds with each other,” it said.

The chamber pointed out that it would participate in the two technical task teams established by the Minister, with a view to reaching an agreement that would ensure further effective progress on transformation and the sustainability of the industry.