“The Minerals Council South Africa, the mining sector’s main industry body, has been embroiled in legal proceedings with the Department of Mineral Resources and Energy (DMRE) over aspects of the 2018 Mining Charter. The Minerals Council has been seeking to have several of its provisions set aside…
…what it boils down to is this: the mining industry has argued that once a company has met the threshold for black ownership of 26% as laid out in previous charters, or 30% for new mining right applications, that holds – even if the empowerment-holders subsequently sell their stake.”
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https://www.dailymaverick.co.za/article/2021-09-21-high-court-sets-aside-key-aspects-of-mining-charter-in-setback-for-mineral-resources-department/
