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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