Today's Labour News

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mosebenzizwaneMiningmx reports that according to the Chamber of Mines SA (COM), the Department of Mineral Resources (DMR) has implemented a moratorium on the granting of new prospecting and mining licences.  

The industry lobby group said that this action highlighted mines minister Mosebenzi Zwane’s disregard of the crisis in the country’s mining sector.  “This moratorium will effectively freeze investment, prevent many companies from restructuring and may lead to even more job losses in the sector,” the COM said in a statement.  Zwane apparently instructed his regional offices to stop processing Section 11 new mining right or prospecting right applications by mining companies after 19 July.  The moratorium will also halt any changes of ownership of mining properties, which the COM said would “freeze investment”.  Zwane’s action was also said to subvert his own notice in the Government Gazette of 18 July which followed the COM’s application to interdict the DMR’s earlier Mining Charter redraft and which called for interested parties to lodge comments on the proposed moratorium by 4 August.  

  • Read this report by David McKay in full at Miningmx
  • Read the Chamber’s press statement at SA Labour News
  • See too, Chamber of Mines accuses department of freezing all rights applications, at BusinessLive

Get other news reports at the SA Labour News home page