Monday 13 August 2012

Platfields CEO gets seat on Mineral Resources Ministers’ Platinum Task Team


Bongani Mbindwane, CEO of Platfields Ltd was allocated a seat on the minister's platinum task team, under the auspices of MIGDETT.

The PTT is a technical working group that will develop and recommend to the Minister short, medium and long term proposals to place platinum in a growth trajectory, whilst attempting to save thousands of jobs now on the line due to the platinum slump. 

This task team is said to look into the challenges facing platinum miners with a view to instil a rescue and sustainability plan for the platinum sector.

The Honourable Minister of Mineral Resources, Susan Shabangu, expressed her heartened request to Mbindwane to join the team after the two shared various correspondences on the matter.

Mbindwane is a strong advocate of maintaining the current tax regime in mining and promoting the assistance by State of junior explorers as is in other mining economies. 

Mbindwane also came out strongly against the ANC's proposal document called SIMS, saying, "SIMS is drafted with a punitive mindset and looks at mining business as sin business needing sin taxes".


For more info contact:                                                                     
Mr Bongani Mbindwane
CEO, Platfields
bongani @ platfields.co.za
twitter @mbindwane                                            

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