ANC
*ANC 4th National Policy Conference, June 2012, Recommendations* /From Part 8, Economic Transformation & Rural Development and Land Reform/ *State Intervention in the Minerals Sector*14. The SIMS report carries a number of policy recommendations concerning ownership and control that can be processed at the conference. The rest of the issues that the report raises can be dealt with at the NEC Lekgotla.
15. Commissions agreed that state intervention with a focus on beneficiation for industrialisation is urgently required in the minerals sector. In this context, the commissions engaged in robust yet comradely debate on the question of the nationalisation of mines and other sectors of the economy.
16. At the forefront of this intervention should be the strengthening of the recently created state mining company by consolidating state mining assets into a single institution. This state mining company will expand or contract depending on the balance of evidence, including by partnering with the private sector in strategic mining ventures.
17. There was also broad consensus around the following points: * Minerals belong to the people as a whole through state custodianship, and should be governed by the democratic developmental state in the interests of all South Africans. * Exploitation of minerals must optimise the developmental impact, especially job creation, across the economy. Mining must catalyse broader industrialisation through the realisation of all the potential backward and forward linkages, including much greater degree of beneficiation. * The state must capture an equitable share of mineral resource rents and deploy them in the interests of long-term economic growth, development and transformation. * Mining should create safe and decent work, and mineral extraction should not compromise local communities or the environment. * The state should develop strategies to identify and manage strategic minerals in the national interest. Instruments to support beneficiation and competitive pricing of these strategic resources include the use of targeted export taxes * Strategies should be identified to rapidly increase the supply of coal at competitive prices with the aim of containing energy costs. * There is a need to develop mineral knowledge linkages by encouraging youth to study science and engineering, and providing incentives for this including free education up to first year university level for these subjects. * We must also expand investment in research and development that contributes towards innovation that supports beneficiation. * Some of the recommendations contained in the SIMS report do not require consideration by conference but will be referred to NEC Legkotla for actioning because policy already exists. ------------------------------------------------------------------------ -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] .
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