'Once empowered, always empowered': Mining Charter... : vima

'Once empowered, always empowered': Mining Charter...


In a nutshell, the mining industry holds that once a company has met the threshold for black ownership of 26% in previous charters or 30% for new mining right applications, that is set in stone, even if the empowerment holders subsequently sell their stake. The issue is framed in the industry as speaking of “continuing consequences”. The industry is also concerned about the difficulty of meeting some of the local procurement targets. 
“The application for the judicial review and setting aside of certain clauses of the 2018 Mining Charter, brought by the Minerals Council South Africa in March 2019, is scheduled for hearing from 3 to 6 May 2021,” the Minerals Council said in a statement. 

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South Africa , Gwede Mantashe , Mosebenzi Zwane , Minerals Council , Department Of Mineral Resources , Minerals Council South Africa , Inclusive Procurement , Mineral Resources , Energy Minister Gwede Mantashe , தாதுக்கள் சபை , துறை ஆஃப் தாது வளங்கள் , உள்ளடக்கியது ப்ரொக்யூர்மெஂட் , தாது வளங்கள் ,

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