Despite challenges, the South African mining industry continues to demonstrate resilience. We remain committed to promoting investment in the mining and petroleum sectors by creating an enabling policy and regulatory environment. #DMPRBudgetVote
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The phased rollout of the new mining licensing system is progressing steadily. The migration from the old system to the new platform has been completed in the Western Cape, and the implementation is now progressing towards other regions. #DMPRBudgetVote
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Despite prevailing global economic pressures, the South African mining industry continues to demonstrate resilience. Mining export revenue from primary minerals reached R649 billion, increasing from R586 billion in 2024. #DMPRBudgetVote
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We are in the NCOP, @ParliamentofRSA, to table the #DMPRBudgetVote for the 2026/27 financial year. Although constrained, the budget represents our commitment to securing SA’s energy future, strengthening economic resilience against external shocks, & protecting livelihoods.
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May 19
Although 2024 & 2025 did not record disaster-type accidents, we cannot ignore the recent accidents. Investigations regarding the Ekapa disaster are already underway, & we will ensure that no stone is left unturned in uncovering the facts surrounding the disaster. #DMPRBudgetVote
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May 19
Notwithstanding the ongoing review of the policies, it is encouraging that the sector is already making strides towards attaining the goal of zero harm, as evidenced by a historic 41 fatalities recorded in the 2025. #DMPRBudgetVote
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May 19
The strategy further requires us to harmonise and modernise our policy and regulatory framework. As committed last year, we continue to strengthen the mining and petroleum legislative framework to unlock greater economic participation. #DMPRBudgetVote
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May 19
The 2nd pillar of the strategy requires us to build robust beneficiation & manufacturing capabilities to ensure value addition closer to the point of production. However, this ambition continues to be undermined by the high cost of electricity. #DMPRBudgetVote
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May 19
Building on the momentum of the JMEF, we are significantly scaling our efforts through the landmark R1,35 billion commitment made by the PIC for exploration activities. We have agreed that this allocation will serve as a Continuation Fund #DMPRBudgetVote
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May 19
We are also pleased to share that this government-led programme has sparked great interest from industry stakeholders with Anglo American being the first to pledge R600 million into the fund, taking the fund size to R1 billion. #DMPRBudgetVote
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May 19
The second project in Giyani, targeting copper, nickel, and gold, is also nearing completion. This is a clear demonstration of a government actively driving the re-industrialisation and renewal of mining activity in South Africa. #DMPRBudgetVote
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May 19
The first site in Bothaville in the Free State, targeting rare earth elements and associated minerals, has been drilled and completed. The results are now advanced towards interpretation and 3D-modelling. #DMPRBudgetVote
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May 19
We can report that through its Integrated and Multi-Disciplinary Geoscience Mapping programme, the CGS has increased national onshore mapping coverage from below 5% in 2019 to a cumulative 20% in the 2025/26 financial year. #DMPRBudgetVote
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May 19
A key pillar of our strategy is geoscience mapping and exploration. Through the Council for Geoscience (CGS), government continues to invest in high-resolution geoscientific data aimed at derisking exploration and attracting investment. #DMPRBudgetVote
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May 19
We are happy to share with you that the era of passive policy is over. We have moved decisively from blueprint to battlefield, aggressively actioning the framework to secure a seat at the head of the global critical minerals dialogue and transactions. #DMPRBudgetVote
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May 19
We must also acknowledge the challenges confronting the sector. Rising electricity tariffs continue to place severe operational pressure on mining companies, particularly deep-level gold and Platinum Group Metal (PGM) operations. #DMPRBudgetVote
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May 19
Mining royalties collected into the fiscus totalled approximately R11.8 billion in 2025, marking an increase of 11% from the R10.6 billion recorded in 2024. #DMPRBudgetVote
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May 19
It is imperative that we accelerate processing of the SANPC Bill to enable the full operationalisation of the SANPC as a strategic state-owned entity to enable meaningful & strategic state participation in the oil and gas sectors. #DMPRBudgetVote
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May 19
We are in the National Assembly, @ParliamentofRSA, to table the #DMPRBudgetVote. We are tabling this Budget Vote during a time when conflict rages in the Middle East with its tremors felt far beyond its frontlines. Watch the live proceedings here: youtube.com/live/MZHnngr-79Q…
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The Minister of Mineral & Petroleum Resources, Mr Gwede Mantashe and the Deputy Minister, Ms Phumzile Mgcina are in the Good Hope Chamber, in the National Assembly, to table the #DMPRBudgetVote
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