On Thursday, 15 June 2017, the Minister of Mineral Resources,
Mosebenzi Zwane (the "Minister")
gazetted the Broad-Based Black Socio-Economic Empowerment Charter
for the South African Mining and Minerals industry, 2017 (the
"2017 Mining Charter"), which comes into
effect on the date of publication.
Within hours of the gazetting of the 2017 Mining Charter, the
Chamber of Mines of South Africa (the
"Chamber") issued a public statement
confirming that it rejects the unilateral development and
imposition of the 2017 Mining Charter on the industry, and is of
the view that the process that was followed by the Department of
Mineral Resources (the "DMR") in
developing its version of the 2017 Mining Charter has been
seriously flawed. The Chamber also confirmed that it will seek an
interdict to suspend the implementation of the 2017 Mining Charter
and further, to take it on review.
