After careful consideration, the Department of Mineral Resources has approached the Supreme Court of Appeal (SCA) to appeal the judgment handed down by the High Court of South Africa, Gauteng Division, Pretoria, in respect of the application for declaratory orders in relation to the original Mining Charter in 2004 and the revised Mining Charter in 2010.
The Department of Mineral Resources is concerned by the implications of the majority judgment on the attainment of the objective to sustainably transform South Africa’s mining industry by bringing in new entrants and empowering workers and communities in mining towns.
The judgment has dire implications for the economic transformation imperatives of the Constitution, the mining sector and South Africa at large. It further has the potential of extending regulatory and policy uncertainty, and sterilisation of our mineral resources, with grave economic growth and employment implications.
Read the article online at: https://www.globalminingreview.com/mining/30042018/department-of-mineral-resources-appeals-high-court-ruling/