'Transform now or else', deputy minister warns mining industry


The 2018 Investing in African Mining Indaba at the Cape Town International Convention Centre, is the worlds largest mining event in Africa.

CAPE TOWN - South Africa&39;s mining industry should speed up transformation in the sector to let more black players in, or face pressure from the population, deputy mineral resources minister Godfrey Oliphant warned on Thursday.

"The message to the mining industry is that... the time for transformation in a meaningful way is actually now," Oliphant said on the last day of the industry&39;s annual "mining indaba" in Cape Town.

"If we don’t rise up to the challenges of transformation we might be put under pressure by society to do things which we might regret," he added.


Oliphant said he met with the Chamber of Mines last week, to discuss ongoing concerns around the controversial mining charter