The Department of Mineral Resources feels as though it has “sufficiently consulted” on the draft Mining Charter and is unlikely to extend the consultation period any further, says Deputy Minister of Mineral Resources Godfrey Oliphant.
“We’d love to stick to the deadlines so that there is certainty because we don’t want to keep the industry guessing all the time. We haven’t discussed it internally as to whether there might be an extension. It is unlikely, but if there is a need the minister can make that determination,” Oliphant told reporters on the sidelines of the Junior Mining Indaba.
The 30-day public consultation period, following the surprise gazetting of the draft Mining Charter in mid-April, drew to a close at the end of May 2016. Oliphant said the department would now require 30 days to review input and submissions from industry stakeholders. He said Mines Minister Mosebenzi Zwane is expected to publish the final charter by year-end.
The deputy minister said amendments to the Mineral and Petroleum Resources Development Act are also expected to be finalised by year-end.
“We have made a lot of progress. Parliament, and the ANC obviously, has consulted in line with what the president and the law requires, so we are targeting to finish this law by the end of this year,” he said.
While Parliament is in recess until the end of the local government elections, set to take place on August 3 2016, Oliphant said the goal remains to finalise the law in November.