Page 17 - Mining Charter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That brings the total to $25.7-billion, which is not exactly small change.  The bulk of this — $16.7-billion — was spent on procurement and capital investment. Companies constantly have to buy stuff to keep going and invest in operations that are anticipated to produce future profits. So a cynic might ask why this is included.  But there are ripple or multiplier effects from such expenditure. A number of studies have found a positive relationship between the mining industry and wider job creation and economic growth. A couple of examples can be found here and here. The mining sector is ...

3 May 2021 - Lee-Anne Bruce CALS is in the Pretoria High Court this week for a review of the 2018 Mining Charter which we believe was developed without meaningfully engaging communities This week, the High Court in Pretoria is set to hear a review of the Mining Charter first brought by the Minerals Council of South Africa. Mining community networks, individual communities and trade unions have all joined the review following a High Court order. CALS represents MACUA and WAMUA, two of the country’s largest community networks, and argues that the Charter was developed without meaningfully eng...

Daily Maverick 168 weekly newspaper. South Africa’s alluvial diamonds have the potential to create sustainable jobs, drive inclusive growth and aid our economic recovery from the Covid-19 pandemic. But that will only happen if we change the archaic, rigid diamond mining legislation strangling the junior diamond mining industry in this country. It shouldn’t cost more than half a million rand and take a year to get a permit, when the average life of an alluvial diamond concession is about 1.3 years. But it does. Alluvial diamond operators shouldn’t have to comply with 10-year social and l...

File An application for the judicial review and setting aside of certain clauses of the mining charter is being heard this week.  According to industry body, the Minerals Council of SA, Mineral Resources and Energy Minister Gwede Mantashe exceeded his powers in publishing sweeping provisions of the Mining Charter in 2018.  They want certain sections set aside, and take issue with key BEE clauses.  Mineral Resources and Energy Minister Gwede Mantashe exceeded his powers and acted irrationally in publishing the "sweeping provisions" of the 2018 Mining Charter. This is according to the Miner...

Mining Charter review application to be heard from Monday The mining charter was drawn up to facilitate meaningful participation of historically disadvantaged South Africans in the mining and minerals industry. FILE: Mineral Resources Minister Gwede Mantashe briefs media on the gazetting of the Mining Charter. Picture: GCIS 5 hours ago JOHANNESBURG - The Minerals Council South Africa on Sunday said an application for the judicial review and setting aside of certain clauses of the mining charter would be h...