Mining Charter
Mining Charter. The mining industry in South Africa is built on a legacy of inequality and exploitation. The Mining Charter is one of the most important mechanisms we have for addressing this legacy and promoting much-needed transformation in the sector. The most recent version of the Charter, released by the Department of Mineral …
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To promote and regulate the minerals and mining for transformation, growth, development and ensure that all South Africans derive sustainable benefit from the country's mineral wealth. The Department of Mineral Resources aim to formulate and implement policy to ensure optimum use of the country's mineral resources.
South Africa's Mining Charter must strike balance in its ESG …
The paper, Transformative Pathways in South Africa's Mining Sector: Chartering an ESG-Aligned Era, examines the Charter's achievements and failures.It recognises the substantial progress made ...
South Africa's Mining Charter: balancing transformation and …
The paper, titled Transformative Pathways in South Africa's Mining Sector: Chartering an ESG-Aligned Era, takes a look at the Charter's successes and …
Minister Mosebenzi Zwane: Release of 2017 Mining Charter
Address by the Minister of Mineral Resources, the honourable Minister Mosebenzi Zwane, MP on the occasion of the release of the Mining Charter, 2017. The mining industry has been the bedrock of the South African economy for over 100 years. The sector has made many positive contributions to the development of our economy, …
South Africa's five year Exploration Strategy, a year in
This High Court judgement affirmed the principle of "once empowered, always empowered" and set aside a raft of provisions in the Mining Charter, 2018. The minerals race is fast-paced and South Africa is only one of many mineral-rich countries in Africa vying to be the golden goose in the global mining sector.
IMPLEMENTATION GUIDELINES FOR THE MINING …
Date: 13/12/2018. IMPLEMENTATION GUIDELINES FOR THE BROAD-BASED BLACK SOCIO-ECONOMIC EMPOWERMENT CHARTER FOR THE SOUTH AFRICAN …
South Africa: What You Need To Know About The Draft Reviewed Mining Charter
On 15 April 2016, the Minister of Mineral Resources, Mosebenzi Zwane (the "Minister"), unexpectedly published the draft Reviewed Broad Based Black-Economic Empowerment Charter for the South African Mining and Minerals Industry, 2016 ("draft reviewed Mining Charter").The timing of its publication means that the fate of the Chamber of Mines' …
Mining Law: South Africa
The Broad-Based Socio-Economic Empowerment Charter for the South African Mining and Minerals Industry 2018 (the Mining Charter 2018) came into effect on 1 March 2019. Compliance was required from ...
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. The ...
South Africa mining charter | Deloitte Insights
The recently published South African 2018 Mining Charter aims to find a middle ground by instilling investor confidence while simultaneously driving transformation. Oil & Gas, Regulatory, Sustainability, Public policy, Government, Mining & Materials, Energy, Resources, & Industrials.
Mining Charter Analysis: Shaping South Africa's Future
As South Africa navigates its mining future, this balance becomes increasingly vital, shaping the sector's trajectory towards inclusive growth and …
Key elements of the Mining Charter, 2018 – Werksmans
The June 2018 charter allowed 5% of the total procurement budget on mining goods to be offset, the September 2018 Charter now allows 30% (excluding non-discretionary expenditure). This is a welcome offset and may assist with the challenges identified under Mining Goods; The offset for services remains 10%.
Once empowered, always empowered: tensions rise in South African mining
A recent high court judgement set aside key provisions relating to Black empowerment in South Africa's controversial Mining Charter III. South Africa is the world's largest producer of platinum, and has built a legacy as one of the most productive mining countries in the world, but this identity has been challenged lately.
High Court Ruling on Mining Charter 2018: "Once Empowered …
Once empowered [is] always empowered [after all] – this is the effect of the judgment handed down by the High Court, Pretoria on 21 September 2021 in the matter between Minerals Council of South Africa vs Minister of Mineral Resources and Energy and thirteen others [Case No.20341/19] (the Judgment) in relation to the challenge to the …
The Amended Mining Charter | Energy & Resources
+27 83 604 4471. Against the backdrop of concerns around the pace of transformation in the mining and minerals industry, government has published changes …
JUDGEMENT | Key consequences of the Mining Charter III
There are key consequences of the Gauteng Division of the High Court's decision in Minerals Council of South Africa v The Minister of Mineral Resources and Energy and Thirteen Others (Case No. 20341/19) (Mining Charter III Judgment). On 21 September 2021 a full bench of the Gauteng Division of the High Court delivered a …
2018 Mining Charter | Deloitte Africa
515 KB PDF. After a period of commentary on the 2018 draft Mining Charter, the Department of Mineral Resources (DMR) has finalised and published the 2018 …
The Mining Charter and the Revised B-BBEE …
The Reviewed Broad-Based Black-Economic Empowerment Charter for the South African Mining and Minerals Industry (Charter) was published on 15 June 2017. The title of the Charter is misleading as it …
South Africa's cabinet approves new mining charter
CAPE TOWN, Sept 20 (Reuters) – South Africa's cabinet approved a long-delayed mining charter that sets out requirements for black ownership levels and backed the withdrawal of a mining bill ...
The requirement for empowerment in the South African mining …
The Broad-Based Black Socio-Economic Empowerment Charter for the South African Mining and Minerals Industry, commonly known as the Mining Charter, is a government document setting out black economic empowerment (BEE) targets and the blueprint for the transformation of the mining industry. It was first developed in 2004 (the …
The Amended Mining Charter | Energy & Resources | Deloitte South Africa
Stelio Zakkas. Manager. [email protected]. +27 83 604 4471. Against the backdrop of concerns around the pace of transformation in the mining and minerals industry, government has published changes to the Mining Charter aimed at not only strengthening its effectiveness, but with the intent of bringing about regulatory certainty.
Mining Charter Analysis: Shaping South Africa's Future
The Mining Charter has been instrumental in fostering Black ownership in the mining sector, which has impressively grown from 2% in 2004 to 39% today. This significant progress, however, is tempered by varying compliance levels and the necessity for broader participation across all industry levels. The Charter's focus extends beyond …
Tsengwa welcomes court's ruling on MPRDA and Mining Charter…
Minerals Council South Africa VP Nombasa Tsengwa has said that having no scorecard against which to measure compliance with the Mining Charter 2018, which acts as the underlying policy document of ...
Insights and next steps
The South African Minister of Mineral Resources, Gwede Mantashe, has published the revised Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry (Mining Charter III) for public comment.. Mining Charter III will purportedly be published under section 100(2) of the Mineral and …
IMPLEMENTATION GUIDELINES FOR THE MINING …
Introduction. The Mining Charter, 2018 derives from the Mineral and Petroleum Resources Development Act, 2002, (Act 28 of 2002) (MPRDA). The MPRDA's primary objective is to provide for transformation of the mining and minerals industry for the benefit of all South Africans. Section 100(2)(a) and (b) of the MPRDA mandates the Minister of Mineral ...
Mining Charter III Compliance: Here's What You Need To …
A Brief History of the Mining Charter . When South Africa became a democracy in 1994, it was clear that radical change was required in the mining industry. Mines had been previously allowed to place workers in harmful conditions without recourse, and HDSA groups received a skewed and inadequate benefit from the life of the mine. ...
Mining Charter
The mining industry in South Africa is built on a legacy of inequality and exploitation. The Mining Charter is one of the most important mechanisms we have for addressing this legacy and promoting much-needed transformation in the sector. The most recent version of the Charter, released by the Department of Mineral Resources on 15 …
South Africa mining charter | Deloitte Insights
The recently published South African 2018 Mining Charter aims to find a middle ground by instilling investor confidence while simultaneously driving transformation. Topics in this article. Oil & Gas, Regulatory, ...
