Cabinet welcomes mining stability framework

Thursday, February 28, 2013

Pretoria – Cabinet has welcomed the collective commitment by all stakeholders to the implementation of the Framework for Peace and Stability in the mining Industry.

Acting Cabinet spokesperson Phumla Williams on Thursday said the executive “encouraged other stakeholders to participate in this progressive process in the interests of the mining industry and the South African economy”.

“This [is] heralded as a positive step towards restoring stability in the mining industry,” said Williams in a post Cabinet briefing in Pretoria.

Earlier this week, Mineral Resources Minister Susan Shabangu met with stakeholders in the mining industry to conclude outstanding issues on stability framework, which was signed last week.

Monday’s meeting between the minister, Chamber of Mines, South African Mining Development Association and organised labour followed three engagements last week, which culminated in the signing of the Framework for Peace and Stability in the Mining Industry.

“Our work is intended to stabilise the mining industry and will position the industry along the trajectory of sustainable growth and respond to the global market conditions," said Shabangu of the agreement.

Input from parties, including the Association of Mineworkers and Construction Union (Amcu) have been worked into the agreement. Even though Amcu had not signed the framework, it promised to communicate details of the accord to its membership to garner their input for shaping the agreement. –