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.

  • grootrot.vanzyl - 2012-12-16 20:46

    But ACSA and Eskom make profits?

      Kganetsi Gusteau - 2012-12-16 22:29

      who does mantashe think is fouling he is so dump he must @least ask Gigaba abt transnet its making bilions p.a in profit

  • michael.kleber.376 - 2012-12-16 21:03

    Nationalise Aurora , there is a start see how it goes , if it works then talk again

  • mzondistanley - 2012-12-16 21:14

    The Road Map Policy articulations

  • debduplessis - 2012-12-16 22:17

    The beginning of the end! why should business believe in this drivel??

      en.gineer.359 - 2012-12-16 23:45

      This end had been beginning since 1990....or is this the final final end?

  • sandy.sutherland.58 - 2012-12-17 08:40

    they mean to say "how to apply their minds to the best way to steal and plunder the mining industry" - big money to be stolen er.....made......

  • Yandisa Rwaai - 2012-12-17 10:29

    whatever it takes to bridge the inequality gap as these people think because they inherited wealth they are somehow better than their natives....Nationalise! Izobuya iAfrica!!

  • jacqui.daanevanrensburg - 2012-12-17 11:32

    Apply your minds?. I'm not so sure if that is a wise idea.

  • maurice.maluks - 2012-12-17 21:59

    is a good idea

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