NATIONAL NEWS - South Africa intends to suspend the granting and processing of applications for new prospecting and mining rights and any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.
“The moratorium would ensure that any applications ...are concluded in terms of the 2017 Mining Charter,” Zwane said in a statement.
The Chamber of Mines applied to the High Court to prevent implementation of the mining charter, which includes raising the level of shares blacks should own in mining firms.
Earlier this month, the government suspended the implementation of the controversial Mining Charter.
The Chamber of Mines says that the charter has been put on ice pending judgment in an urgent interdict application by the industry.
