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MINING CHARTER

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

Posted:  Tuesday , 03 Nov 2009

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

 

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