mining charter south africa

The new and improved mining charter in South Africa

Dec 14, 2018· The final version of the revised Socio-economic Empowerment Charter for the Mining and Minerals Industry, 2018 (Mining Charter III) was released in June and published for implementation in the Government Gazette by South Africa's Minister of Mineral Resources Mr Mantashe on 27 September 2018. Both the Mining Charter III and the appointment of Mr Mantashe as minister in …

SOUTH AFRICA'S MINING CHARTER III; CERTAINTY AT WHAT …

Mar 12, 2019· The significant effect which the earlier drafts and published version of Mining Charter III had on South Africa's mining sector becomes even more pronounced if regard is had to the country's rankings on the Fraser Institute's Annual Survey of Mining Companies's (Survey) "Policy Perception Index". 12 Prior to the publication of the ...

The final shape of South Africa's new mining charter

Dec 17, 2018· The South African Government has finally approved its much-delayed mining charter. While it is designed to boost black ownership of projects, some observers have argued that it could leave local communities even further out of the loop than before.

Here's a look at South Africa's revised Mining Charter

The gazetting of the Mining Charter 2018 is a step towards creating regulatory and policy certainty in South Africa's mining industry, says Mineral Resources Minister Gwede Mantashe.

Zwane's radical Mining Charter in the firing line

Jun 16, 2017· Zwane's radical Mining Charter in the firing line. ... "This Mining Charter we present to you today is a key instrument for radical change, designed to address many of the inequalities in the ...

South Africa's new mining charter

Sep 14, 2010· 14 September 2010 South Africa has launched a new charter to facilitate the sustainable transformation and development of its mining industry, with emphasis on a target of 26% black ownership of the country's mining assets by 2014.

The Draft 2018 Mining Charter - Published for public ...

On 15 June 2018, exactly one year to the day after the publication of the previous draft, the new South African Minister of Mineral Resources, Gwede Mantashe (the "minister"), published for public comment the Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, 2018 (the "Draft 2018 Mining Charter").

Mining Charter III explained: The nitty-gritty according ...

Jun 19, 2018· The latest version of the Mining Charter is an overall improvement on the June 2017 version, but there are far-reaching changes – and the compliance obligations are more onerous and stringent than those stipulated in the 2010 Mining Charter. This is according to mining experts at Webber Wentzel ...

Full text of Mining Charter - Mining Weekly

Attached is the full text of the "Proposed Broad-Based Socio-Economic Empowerment Charter for the South African Mining Industry", which was released by government on October 9 2002.

New Mining Charter released, with new BEE requirements

Boards must comprise 50% black South Africans, 20% of which must be black women — and then there's trickle dividends

Home - Minerals Council South Africa

May 22, 2019· The Minerals Council South Africa established MOSH in 2003 to focus on the adoption of leading practices aimed at addressing health and safety concerns and accelerating the progress towards achieving Zero Harm. To experience our fresh new website, please visit

South African Mining Charter Challenge Dents Ramaphosa Plans

Mar 27, 2019· (Bloomberg) -- South African mining companies are challenging parts of a government charter aimed at redistributing the country's mineral wealth, saying it will deter new investment in the industry. The charter is in breach of a court order issued last …

The Latest Mining Charter | Industry News | SA Oil

May 31, 2019· Mining Charter III. The Broad-Based Black Socio-Economic Empowerment Charter for the South African Mining and Minerals Industry, or the Mining Charter, was first introduced in 2002 and has since had three amendments, with Mining Charter III being the latest.

Mining industry of South Africa - Wikipedia

Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.

New Mining Charter proposes 30% black ownership within 5 ...

Jun 16, 2018· South Africa plans to raise black ownership at permit-holding mining companies to 30% from 26% within five years, the latest draft of a hotly-contested new industry charter showed on Friday.

Mining Charter, 2018 | South African Government

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South Africa suspends contentious mining charter ...

Jul 14, 2017· South Africa's government has suspended a contentious new charter for the country's beleaguered mining industry, less than a month after it was introduced. Mosebenzi Zwane, mining …

BBBEE Mining Charter, Mining Charter 2017, New Mining ...

By David McKay - March 29, 2019 SOUTH Africa's mines minister, Gwede Mantashe, said a decision by the Minerals Council South Africa to seek a judicial review on the Mining Charter was a pretext…

South African mining industry blindsided by Mining Charter ...

Much controversy has surrounded the Reviewed Broad-Based Black Economic Empowerment Charter for the South African Mining Industry (" Mining Charter III "). Since a draft was published for public comment in April last year questions have arisen as to the lack of meaningful consultation by the Department of Mineral Resources (" DMR ") with the organised mining industry and other ...

South Africa's mining charter to be finalized in three ...

JOHANNESBURG, Feb 28 (Reuters) – South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which lays out requirements for ...

SA mining charter a 'living document' – Zwane - Moneyweb

Oct 04, 2017· SA mining charter a 'living document' – Zwane ... South Africa's government should reopen negotiations with the mining industry on much-criticized new …

Mining Charter gets more small mercies in final draft ...

(Bloomberg) – South Africa will give mining companies credit for past black-empowerment deals even when the investors later sold their shares to whites or foreigners, removing a major concern for the industry. The country's new Mining Charter, which is aimed at distributing South Africa's ...

South Africa: The 2018 Mining Charter - mondaq.com

Oct 08, 2018· On 27 September 2018, the South African Minister of Mineral Resources, Gwede Mantashe (the "Minister"), published the Broad-Based Socio-Economic Empowerment Charter for the South African Mining and Minerals Industry, 2018 (the "2018 Mining Charter").It is indicated that "implementation guidelines" are to be published in the near future.

South Africa's Latest Mining Charter: What's New and Who ...

Oct 02, 2018· South African Mineral Resources Minister Gwede Mantashe issued a new Mining Charter last week, seeking to reduce uncertainty and boost investment in …

Deep trouble South African mining is in crisis - economist.com

Whereas South Africa's first-ever mining charter, introduced in 2004 and revised six years later, was the product of extensive talks with the industry, the new rules were simply handed down.

The mining charter and social responsibility - Werksmans ...

May 23, 2011· South Africa's economic development is rooted in mining and the industry plays a pivotal role in creating transformation where it is most needed. ... The charter requires mining companies to declare the community projects that they will undertake and warns that these financial investments must be proportional to the size of the mining investment.

Broad-Based Socio-Economic Empowerment Charter for …

Broad-Based Socio-Economic Empowerment Charter for the South African Mining Industry VISION All the actions and commitments set out below are in the pursuit of a shared vision of a globally competitive mining industry that draws on the human and financial resources of all South Africa's people and offers real benefits to all South Africans.

Dentons - South African Mining Charter 2017

Introduction. The Mineral and Petroleum Resources Development Act 28 of 2002 (MPRDA) provides for the Minister of Mineral Resources to develop a broad-based socio-economic empowerment charter (the Mining Charter) that sets out targets for the participation of historically disadvantaged South Africans (HDSAs) in the South African mining industry.

South Africa mining charter | Deloitte Insights

May 15, 2019· The recently published South African 2018 Mining Charter aims to find a middle ground by instilling investor confidence while simultaneously driving transformation.

South Africa's New Mining Charter to Credit Past Black ...

Jun 15, 2018· South Africa will give mining companies credit for past black-empowerment deals even when the investors later sold their shares to whites or foreigners, removing a major concern for …