Last week Thursday evening, we kicked off our Johannesburg Business Briefings by having acclaimed mining lawyer Peter Leon from Herbert Smith Freehills, address attendees on the topic: The Future of Mining in South Africa. The evening was kindly sponsored by Henley Business School.
Peter took us back in time to the earliest mining charters which circumscribed mining and mineral rights in South Africa. In light of the current controversy surrounding the proposed mining charter put forward by Minister of Minerals and Natural Resources, Mosebenzi Zwane, Peter gave valuable insight into the factors affecting the mining industry today and its chances of success in the future, which will hinge greatly on the specifications set forth in the mining charter.
Not only is there a lot to talk about in the area of mining, but also our new president Cyril Ramaphosa’s view on the topic and how that might affect the industry going forward.
A lot remains to be seen but Peter explained some reasons to be positive, and as we have again seen, things can change very quickly in South Africa!
Want to read more on what Peter had to say? Follow this link to an article in The Times
Location: Inanda Club, Forrest Road, Sandton, South Africa