Draft broad-based socio-economic empowerment charter for the mining and mineral industry, 2018.

The Department of Mineral Resources has published the Draft broad-based socio-economic empowerment charter for the mining and mineral industry, 2018, for comment. This is a proposed revision of the 2002 Charter. "In reviewing the Mining Charter, it is recognised that competitiveness, growth and transformation are mutually re-enforcing. To this end, the reviewed Mining Charter introduces new definitions, terms and targets to harmonise with the BBBEE Act and the Dti Codes. The alignment of these policies is intended to ensure meaningful participation of Black Persons in accordance with the objects of the MPRDA and to provide for policy and regulatory certainty thereby facilitating transformation and growth of the mining industry.

The primary objective of the MPRDA is to ensure the attainment of Government objectives of redressing historical, socio-economic inequalities and to ensure broad based and meaningful participation of Black Persons in the mining and minerals industry."