The meeting between the Department of Mineral Resources minister, Susan Shabangu; the Chamber of Mines and the South African Mining Development Association, as well as organised labour, took place on 25 February 2013 and has been lauded by Cabinet.

Engagements among stakeholders resulted in the signing of the Framework for Peace and Stability in the Mining Industry, which was welcomed by South Africa’s ministers.

Cabinet has welcomed the collective commitment by all stakeholders to the implementation of the Framework for Peace and Stability in the Mining Industry, government said in a statement.

Acting Cabinet spokesperson Phumla Williams said the executive encouraged other stakeholders to participate in this progressive process in the interests of the mining industry and the South African economy.

This is heralded as a positive step towards restoring stability in the mining industry, added Williams during a post-Cabinet briefing in Pretoria.

Earlier this week, Shabangu met with stakeholders in the mining industry to conclude outstanding issues on the stability framework.

Our work is intended to stabilise the mining industry and will position the industry along a trajectory of sustainable growth and respond to the global market conditions,” said Shabangu of the agreement.

Input from parties, including the Association of Mineworkers and Construction Union (AMCU), have been worked into the agreement. Although AMCU has not signed the framework, it promised to communicate details of the accord to its membership to garner their input for shaping the agreement.

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