Mining Mirror September 2018 | Page 28

Mining in focus Mines, communities, and ownership Ownership and transformation are hot topics in the mining industry at the moment, writes Dineo Phoshoko. [26] MINING MIRROR SEPTEMBER 2018 D ebates and discussions about mine companies and how they accommodate communities regarding ownership have always been around. In an article, “Mining, land, and community in communal areas I — what could be achieved and why it is not”, for the Helen Suzman Foundation, Tamara Jewett discussed the structure of mineral rights in South Africa — where private land owners were prevented from blocking mining development that could potentially be beneficial to the country as a whole. Jewett highlighted that a major disadvantage of the structure was that in practice, it produced negotiations that put rural black communities at a disadvantage. “The days where one exploits a region for the benefit of investors halfway around the world without any gain to the local community is over. Not only is it over, it is wrong. If you take, you need to give back,” says SHiP CEO, Shirley Hayes. According to the proposed Mining Charter III, mining companies are required to have 30% black ownership for mining rights. This includes economic interest and a corresponding percentage of voting right in a mine right or company. The 30% will be divided among employees of the mine (8%), the community (8%), and BEE entrepreneurs (14%). “What worries me as a South African, is why are the majority of the people in the country turned