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Gwede Mantashe fights back

Gwede Mantashe has hit back at mining bosses who continue to insult the state. 

The Mineral resources and energy minister said these bosses have no respect for the industry. 

“The industry must further discuss the role of business associations who also find it fashionable to insult government and the governing party, projecting them as speaking for the sector,” he said.

Impala Platinum CEO Nico Muller and Sibanye-Stillwater CEO Neal Froneman have criticised the government in the past few months.

Mantashe touched on labour relations, saying he is concerned about the industry bargaining system and what he sees as some companies “taking the industry back to the pre-1983 period where workers were treated as just assets”.

This follows his threat in parliament last week to remove the mining rights of SibanyeStillwater because the company is no longer engaged in goldmining activities while workers continue to strike.

Sibanye, the world’s largest producer of platinum group metals, is the largest employer in the mining industry, with more than 84,000 employees — most of them in SA. Business Times reported on Sunday that the company is considering legal action if Mantashe proceeds with his threat.

Minerals Council CEO Roger Baxter said in a virtual media conference afterwards that it had “constructive” talks with Mantashe and that the level of engagement was more than it has seen in 20 years, but added that “engaging is one thing, doing is another”.

Source: https://www.businesslive.co.za/bd/national/2022-05-25-mantashe-seethes-at-mining-bosses-who-insult-the-state/

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Gwede Mantashe Impala Platinum Mantashe Nico Muller Sibanye-Stillwater

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