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New mining charter will be a 'disaster' for industry – DAThe DA said the charter, which raises the target for black ownership for new mining rights holders to 30%, would only benefit ruling party "cronies". Full story | ||||||||||||||||||||
Chamber of Mines to challenge new charter in courtThe Chamber of Mines rejected the 2017 Mining Charter, saying it would approach the courts to halt its implementation.. Full story | ||||||||||||||||||||
Disappointing growth may force SA to cut spendingSouth Africa is likely to miss its 1.3 percent growth target this year and may have to curb spending to stick to its budget framework. Full story | ||||||||||||||||||||
South Africa Raises black-ownership requirement for minesSouth Africa plans to introduce rules requiring all local mines be 30 percent black-owned, regardless of whether they have previously sold shares or assets to black investors that later divested. Full story | ||||||||||||||||||||
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