On 15 April 2016, the Department of Mineral Resources published
the Reviewed Broad-Based Black Economic Empowerment Charter for the
South African Mining and Minerals Industry, 2016 (Draft Mining
Charter) for public comments. In this article, we provide a brief
overview of the major changes proposed by the Draft Mining
Charter.
Introduction
The Draft Mining Charter, if passed, will replace the
Broad-Based Black Economic Empowerment Charter for the South
African Mining and Minerals Industry, 2010 (Mining Charter).
The Mining Charter is published under the Mineral and Petroleum
Resources Development Act 28 of 2002 (MPRDA) and sets out certain
targets for the active participation of historically disadvantaged
South Africans (HDSAs) in the mining industry in South Africa.
