JOHANNESBURG – The National Union of Mineworkers (NUM) on Sunday welcomed the gazetted reviewed Broad-based Black Economic Empowerment Charter for the South African mining and minerals industry by Mineral Resources Minister Mosebenzi Zwane.
This was in line with section 100 of the Minerals and Petroleum Resources Development Act (MPRDA), the NUM said in a statement.
This “puts the industry well on time” to achieve its alignment process with the Broad-based Black Economic Empowerment Act and the Trade and Industry Department's codes of good practice as per the Minister of Trade and Industry exemption gazetted in 2015.
“The NUM national office bearers will be undertaking to engage Minister Zwane and the acting director-general Mr Msiza during the prescribed 30 days consultation period and hoping all stakeholders will embrace this positive development.
“We reiterate our call on the implementation of corrective actions in line with MPRDA on all mining right holders who have failed to comply with the current Mining Charter targets and this draft should pave [the] way for the withdrawal of all court processes by various parties including the Chamber of Mines,” the NUM said.
The NUM would study the draft Mining Charter and prepare a substantial contribution that would be submitted to the Mineral Resources department within the prescribed period, “with the hope of ensuring the workers benefit through employee share ownership schemes, human resources development, home ownership, and employment equity, among other elements”, the NUM said.
Edited by: African News Agency
EMAIL THIS ARTICLE SAVE THIS ARTICLE
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
