Broad -Based Black Socio- Economic Empowerment Charter for the South African Mining and Minerals Industry, 2017

The  revised Broad -Based Black Socio- Economic Empowerment Charter for the South African Mining and Minerals Industry, 2017 "is a government instrument designed to achieve mutually symbiotic sustainable growth and broad based and meaningful transformation of the mining and minerals industry.

The Mining Charter seeks to achieve the following objectives; (a) Recognition of the internationally accepted right of the State to exercise sovereignty over all the mineral resources within the Republic; (b) Deracialising of ownership of the mining and minerals industry by redressing the imbalances of the past injustices; (c) Substantially and meaningfully expanding opportunities for Black Persons to enter the mining and minerals industry and to benefit from the exploitation of the State's mineral resources; (d) Utilising and expanding the existing skills base for the empowerment of Black Persons; (e) Advancing employment and diversifying the workforce in order to achieve competitiveness and productivity of the mining and minerals industry; (f) Enhancement of the social and economic welfare of Mine Communities and major Labour Sending Areas in order to achieve social cohesion; (g) Promotion of sustainable development and growth of the mining and minerals industry; (h) Catalysing growth and development of the local mining inputs sector by leveraging the procurement spend of the mining and minerals industry; and (i) Promoting Beneficiation of South Africa's mineral commodities by South African Based Companies."