Chamber tells ANC: Mining Charter targets are unworkable
The South African Chamber of Mines said a delegation, representing it, met with the African National Congress this week, to discuss the controversial Mining Charter put together by the Department of Mineral Resources (DMR) this month.
The Chamber of Mines feels that the process of producing this charter was flawed, adding that it took issue with some of the detail in it. Failure to get through to the DMR, has prompted the need for the Chamber to have a sit down with the top leadership of the ANC.
The ANC delegation was led by Secretary-General of the organization Gwede Mantashe.
"The Chamber office bearers conveyed to the ANC delegation their perspectives on the challenges the DMR's new mining charter presents to the industry, in terms of both the flawed process and content. They also advised on the court actions that are now being prepared for," said Chamber Chief Executive Officer Roger Baxter.
"The point was made that legal action against government of this sort is seen only as a matter of last resort and is brought only once all other avenues have failed," added Baxter. He explained that the Chamber had been given no choice in the matter.
Central to the storm, in the way of content, is the failure of the DMR to recognize the transformation achievements of the industry during the past 13 years. The contention is that the transformation targets, that are being set out in this charter, are unreasonable and potentially detrimental to the industry.
"The industry remains committed to transformation as a national imperative. We need to continue on the industry's transformation journey that has been going on in earnest since the original charter came into effect more than 13 years ago," said Baxter.
"But it needs to be based on workable targets and guidelines that enable an effective transformation process proceeding in a competitive and growing industry. As we have previously indicated, the DMR charter fails in this respect."
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