Morning clouds. Mild.
The committee held a day of engagements with organised labour in the mining and energy sectors on Tuesday. The most topical issues that unions touched on were the Mining Charter, and the role of Eskom in creating a conducive environment for industry.
Sibanye Gold, the biggest producer of the metal from South African mines, is not thinking of spending new capital to grow local operations because of an uncertain investment environment.
There has been great progress within the mining sector regarding regulation and policy. But visionary thinking is required to truly take the industry into the future, writes finweek contributor David McKay.
The Alternative Mining Indaba has been running for 10 years, and its organisers believe the event has made strides in bringing forward the plight of communities affected by mining.
"Answer me and stop 'mantashing' me," Nkagisang Koni of the EFF tells Minister of Mineral Resources Gwede Mantashe during a session at Parliament.
The Minerals Council of South Africa has raised concerns over key issues in the new Mining Charter.
The Economic Freedom Fighters has hit out at the revised Mining Charter, saying that the provisions and compromises are sloped heavily in favour of mining companies.
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.
The Minerals Council South Africa has come out in support of Mineral Resources Minster Gwede Mantashe, after he suggested withdrawing the Draft Bill to amend the Mineral and Petroleum Resources Development Act.
Billions in mining royalties intended to uplift poor communities are potentially being squandered, stolen or diverted due to in-fighting and maladministration of these funds, according to a report by Corruption Watch.
If South Africa's minerals production – which is lower now than it was in 2013 – were to improve, all sorts of further opportunities would open up in the upstream supplier space, writes Terence Corrigan.
Lack of exploration, mine closures and job losses in rural areas will be inevitable if MCIII is applied to junior miners, says Gert van Niekerk.
Technology investment in the mining industry should not be a threat to workers, says Minister of Mineral Resources Gwede Mantashe.
The Mining Charter may help bring policy certainty to the mining sector, but questions remain around whether this can translate into investor confidence and improved competitiveness.
Mineral Resources Minister Gwede Mantashe issued a new Mining Charter last week, seeking to reduce uncertainty and boost investment in the sector. So what's new?
Mineral Resources Minister Gwede Mantashe has slammed allegations that his department met privately with an Australian mining company. Still, he said, while the Xolobeni community can oppose mining there, others have the right to support it.
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 mineral resources minister, speaking at a meeting of Parliament’s oversight committee on mineral resources, said the amendment bill may be withdrawn, the newspaper reports.
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