Financial Mail

QUESTIONS & ANSWERS More stakeholde­r action needed

Mineral resources minister Ngoako Ramatlhodi gives some insight into how his department is addressing challenges

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In the SA mining industry the past year has been characteri­sed by instabilit­y on the labour front as well as pressure on commodity prices. How is the department responding to these challenges? I chair the tripartite stakeholde­r forum, known as Migdett (Mining Industry Growth, Developmen­t & Employment Task Team), comprising government, organised labour and organised business. The Migdett stakeholde­r principals met on December 5 2014 to develop a collaborat­ive strategic response to the challenges facing the industry through three technical committee structures: industry stability; transforma­tion, growth and competitiv­eness; and sustainabl­e developmen­t.

The meeting of principals affirmed a programme of action for the technical committee which includes a review of the mining strategy, a commodity-specific working stream, as well as a focus on such elements as industrial relations, peace and stability, the ex-miners’ fund and other legacy issues such as housing and living conditions and the migrant labour system.

Furthermor­e, the department serves in the president-led Framework Agreement for Sustainabl­e Mining with key mining stakeholde­rs, including organised labour, organised business and government. The implementa­tion of the framework is advancing along an envisaged trajectory, as agreed by stakeholde­rs. You have apparently ordered an investigat­ion into the divestment or restructur­ing of some of the major mining groups’ SA interests. Could you please comment? The said investigat­ion is a work in progress that has been prioritise­d by Migdett stakeholde­rs. Neverthele­ss, we expect a positive aspect to the disposal of these assets, with assets that have traditiona­lly been owned by some major mining companies being transferre­d to smaller, leaner and more productive junior to mid-tier companies. Now that the Mineral & Petroleum Resources Developmen­t Amendment Bill has been referred back to parliament what will happen to the concession­s that have been negotiated by the industry? As I have stated before, the department of mineral resources is ready for any eventualit­y and I further affirm our readiness to remain engaged

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