Minister says government has completed its review of the South African Mining charter

The ministry will now engage with the industry before completing the final document

JOHANNESBURG (Reuters)  - 

South Africa has completed a review of its Mining Charter and will engage the industry in further discussions before coming up with a final document, the country's Mines Minister Susan Shabangu said on Tuesday.

"We have completed the review of the mining charter. We will be forwarding our observations as a department to the Chamber of Mines, and we believe you (Chamber) will have an important role to play in the final conclusion of the charter," Shabangu said.

Upon taking charge of the mining department, Shabangu said her first task would be to oversee the first major review of the Mining Charter, a five-year-old agreement meant to bring more black ownership in mining, reversing decades of exclusion under white apartheid rule.

The review was meant to find out whether the Black Economic Empowerment (BEE) drive was succeeding or if it needed improvement, and also to find out how mining companies had fared in terms of their social responsibilities to communities. (Reporting by Shapi Shacinda)

© Thomson Reuters 2009 All rights reserved

SUBSCRIBE to Mineweb.com's free daily newsletter now.

SHARE THIS ARTICLE

Disclaimer

MINEWEB is an interactive publication, with rolling deadlines through each day, commencing in the Sydney morning,  and concluding, 24 hours later,  in the Vancouver evening.  If you believe your side of an issue deserves inclusion, but has failed to meet one of our deadlines, you are invited to notify the Editor in Chief in Johannesburg, and we will include you in our editing and expanding on our stories. Email him at alechogg@gmail.com

Print story      Email story      Subscribe to free newsletter

Back