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Johannesburg - The Chamber of Mines of SA welcomed the mini budget delivered by Finance Minister Nhlanhla Nene on Wednesday.
"The Chamber notes the minister’s acknowledgement of the impact of the weak global economic environment as a key contributor to the lower than expected growth in the country's economy as set out in the 2014 budget in February," it said in a statement.
The organisation continued to work with government through the Mining Framework Agreement Process on measures to deal with the short and medium term constraints to the growth of the mining sector, it said.
"We acknowledge the minister’s call for a new accord between the industry tripartite partners.
"The issues he raises are subjects that have and continue to grip the focus of the chamber and senior leadership of all our member companies."
The chamber said it was working on initiatives to help unlock investment and growth, and enhance the contribution of the mining sector to the country's transformation.
* Visit Fin24's Mini Budget Special for all the news.
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