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The Department of Mineral Resources and Energy is considering legislation that will give government a 20% free carry share in upstream petroleum, Parliament heard on Friday.
Some 95% of survey respondents in a social audit have not seen the social and labour plans of local mines intended to benefit them, a new report has revealed.
The minister of mineral resources has described the reviewed Mining Charter as reflecting a "consensus among stakeholders" in SA's mining sector.
The long-awaited release of the renewed charter comes a week after Minister of Communications Nomvula Mokonyane confirmed it had been signed off by Cabinet.
Only a fifth of those who could lose their jobs at South Deep mine, western Johannesburg, would be able to find other jobs.
Mineral Resources Minister Gwede Mantashe will meet with key roleplayers at the Mining Summit this weekend, ahead of the adoption of the Mining Charter.
The newly released draft Mining Charter will not promote competitiveness, investment, growth and transformation, the Minerals Council of South Africa said.
Investment in smaller mining companies could help stem the tide of job losses in the troubled sector and help speed up beneficiation, says Deputy Minister of Mineral Resources Godfrey Oliphant.
Mineral Resources Minister Gwede Mantashe says his department is on course to meet the June deadline to finalise the Mining Charter, calling it part of the “policy uncertainty” hindering business.
The Association of Mineworkers and Construction Union (AMCU) says mine safety has become a human rights issue and that legislation should be strengthened to hold mining bosses criminally accountable for failing to ensure safety at operations.
Mantashe's remarks followed strong criticism from Association of Mineworkers and Construction Union president Joseph Mathunjwa, who had called for more punitive measures in response to mining fatalities.
Mineral Resources Minister Gwede Mantashe says he has objected to a proposal of using the mining industry to fund the country's mooted sovereign wealth fund.
The minister of mineral resources has described the reviewed Mining Charter as reflecting a 'consensus among stakeholders' in SA's mining sector.
President Cyril Ramaphosa is expected to speak about the revised Charter - which has not been made public yet - when he unveils his economic stimulus plan on Friday.
The Department of Mineral Resources says an announcement of job cuts by platinum miner Implats smacks of bad faith in the midst of commitments to save jobs.
Minister of Mineral Resources Gwede Mantashe says the latest version of the Mining Charter will empower mineworkers and mining communities while shielding companies.
The draft Mining Charter has been gazetted for public comment.
Minister of Mineral Resources Gwede Mantashe has committed to presenting a draft of the reviewed Mining Charter to industry bodies at a summit before it is presented to Cabinet and gazetted.
Government intends to fast-track the exploration and exploitation of shale gas in South Africa, says Mineral Resources Minister Gwede Mantashe.
The portfolio committee on mineral resources says it will request an evidence leader for its inquiry into state capture and maladministration at the Department of Mineral Resources.
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