Mantashe: Ponder mining proposals
2012-12-16 20:42
Bloemfontein - ANC delegates at the party's national conference had to apply their minds to the proposals made on mining, secretary-general Gwede Mantashe said.
He said the party acknowledged the resolution of the ANC Youth League to nationalise mines and a decision by the national general council (NGC) to research the matter.
"Here is another opportunity to apply your minds and improve [the proposal]," Mantashe told the ANC's national conference in Mangaung.
At the African National Congress policy conference earlier this year "wholesale" nationalisation was rejected.
Strategic nationalisation was proposed, which included more state intervention. The ANC also called for more state intervention.
Mantashe said a state mining company was developed after its 2007 elective conference in Polokwane.
Delegates had to remember that state-owned company could not make a profit, he said.
- SAPA
