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State intervention in mining urgent: Zuma

June 29 2012 at 08:48pm
By SAPA

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SAPA

President Jacob Zuma is seen with ANC stalwarts Tokyo Sexwale and Winnie Madikizela-Mandela during the opening of the party's national policy conference in Midrand. Picture: Werner Beukes/SAPA

Johannesburg -

ANC members have agreed that state intervention in the minerals and mining sector is “urgently required”, President Jacob Zuma said on Friday.

“(The) conference has agreed that the state intervention with the focus on... industrialisation is urgently required in the minerals sector,” Zuma told African National Congress delegates at the close of the party's policy conference in Midrand, Johannesburg.

“At the forefront of this intervention should be strengthening of the recently created state mining company by consolidating state mining assets into a single institution.” - Sapa


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