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Mosebenzi Zwane calls for shared prosperity in mining sector

The mineral resources minister says all South Africans should enjoy the benefits of its natural resources.

Mineral Resources Minister Mosebenzi Zwane (C) addresses the media on 6 February 2017 during the annual mining sector indaba in Cape Town. Picture: Ilze-Marie le Roux/EWN.

CAPE TOWN – Mineral Resources Minister Mosebenzi Zwane says all South Africans should enjoy the benefits of its natural resources.

He delivered the welcoming address at the first day of the Mining Indaba in Cape Town on Monday morning.

More than 6,000 delegates are expected to attend the annual four-day event.

Zwane has called on the mining sector to work with government in addressing some of the country’s biggest concerns.

“We must remain committed to the principle of shared prosperity and responsible investment in the mining sector. We ask the investment community to seize the opportunity to partner with black people, communities and work meaningfully in their operations.”

He’s promised the revised Mining Charter, which has been at the centre of investment uncertainty, will be gazetted soon.

“The final Mining Charter will be gazetted by March 2017.”

Zwane says there will be a greater focus on smaller and medium entities and their potential to create jobs this year.

(Edited by Shimoney Regter)