BusinessLive reports that the Chamber of Mines says it will apply for an urgent interdict to stop the implementation of the newly released Mining Charter by next Monday.
This came as the Commission for Conciliation, Mediation and Arbitration (CCMA) warned of a jobs bloodbath in the mining industry that would be exacerbated by the contentious charter. The CCMA held a first of its kind forum with mining stakeholders, including the Department of Mineral Resources, in Magaliesburg on Thursday to analyse the state of the industry. While speakers tried to steer clear of the charter released by Mineral Resources Minister Mosebenzi Zwane last Thursday, some projected that its consequences would be catastrophic. The Chamber’s Elize Strydom said they planned to challenge the rationality of the charter among other legal issues they found problematic in it. She also said the upward trend in jobs witnessed in the mining sector last quarter was likely to take a dive as the charter, if it succeeded, would put the industry under severe pressure.
- Read this report by Theto Mahlakoana in full at BusinessLive
- Read too, Mining sector faces unrest and other woes, at Business Report
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