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DEPARTMENT OF MINERAL RESOURCES NO 581 15 JUNE ,

South African Mining and Minerals Industry, 2016 (Reviewed Mining Charter, 2017) for implementation The Reviewed Mining Charter shall come into operation from the date of publication of this notice in the Government Gazette A copy of the Reviewed Mining Charter, 2017 is attached hereto ebenzi Joseph Zwane, MP Minister of Mineral Resources ....

New Draft Mining Charter Released for Public Comment ,

Jun 20, 2018· The Draft Charter seeks to replace: (i) the current Broad Based Socio Economic Charter for the Mining and Minerals Industry (2010) (the Current Charter); and (ii) the previous version of the Draft Charter which was released for public comment in 2017 (the 2017 Draft Charter) Existing Prospecting and Mining Rights Holders...

Insights and next steps - the new Mining Charter III

Jun 19, 2018· The South African Minister of Mineral Resources, Gwede Mantashe, has published the revised Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry (Mining Charter III) for public comment Mining Charter III will purportedly be published under section 100(2) of the Mineral and Petroleum Resources Development Act, 2002 ()...

How the mines must racially transform - Mining Charter ,

The Mining charter shall therefore, apply to the industries administered under these Acts as follows 29 REPORTING (MONITORING AND COMPLIANCE) Every mining company must report its level of compliance with the Mining Charter annually, as provided for by Section 28(2) (c) of the MPRDA...

MINING CHARTER FINALLY GAZETTED - B-BBEE Scorecard

Oct 01, 2018· Non-compliance may result in the mining right being withdrawn; Other elements to be addressed by mining right holders in terms of the Mining Charter is Employment Equity, Procurement and Enterprise and Supplier Development, Beneficiation, Housing and Living Conditions and Human Resource Development:...

About Small Scale Mining & Beneficiation Division - MINTEK ,

The emerging political dispensation of South Africa has placed the needs of the poor squarely in the spotlight Through the Mining Charter, the government has embarked on an innovative and courageous programme of including all South Africans in the mining industry through its beneficiation programme in mining initiativ...

Draft Mining Charter III: More uncertainty amid the certainty?

Jun 26, 2018· The application of the Draft Mining Charter to prospecting rights is thus unclear The Draft Mining Charter does, potentially, provide some relief to junior miners, who can make representations to the Minister regarding the extent to which the Mining Charter elements shall apply to ,...

Mining Charter gets more small mercies in final draft ,

The draft Charter has finally elaborated on the permitted beneficiation off-set of up to eleven per cent against Black ownership, a concept which was carried through all previous versions of the Mining Charter but never implemented by the Department of Mineral Resources as it lacked a mechanism for its application The new provision permits a ....

EXXARO INTEGRATED REPORT 2012 - Mining charter scorecard

Exxaro does not benefit from incentives in the mining charter for beneficiation as the group cannot offset ownership with beneficiation initiatives; it is black-owned Exxaro is a founder member of South African Minerals to Metals Research Institute (SAMMRI) which is an industry- and government-supported academic institution...

New Mining Charter released, with new BEE requirements

New Mining Charter released, with new BEE requirements Boards must comprise 50% black South Africans, 20% of which must be black women BL PREMIUM 15 June 2018 - 17:28 Allan Seccombe...

Mining Charter 2018 - Hogan Lovells

Oct 01, 2018· A mining right holder may claim the equity equivalent up to a maximum of five percentage points of BEE entrepreneur shareholding, ie where a mining right holder is carrying out beneficiation as contemplated in the parameters of Mining Charter 2018, a mining right holder may claim a 5% equity equivalent in relation to the BEE entrepreneur ....

Mining Charter guidelines released - BusinessLIVE

The department of mineral resources has gazetted the guidelines underpinning the recently released third version of the Mining Charter After the fiasco of the June 2017 charter, which was ....

MINING CHARTER FINALLY GAZETTED - B-BBEE Scorecard

Oct 01, 2018· Non-compliance may result in the mining right being withdrawn; Other elements to be addressed by mining right holders in terms of the Mining Charter is Employment Equity, Procurement and Enterprise and Supplier Development, Beneficiation, Housing and Living Conditions and Human Resource Development:...

DEPARTMENT OF MINERAL RESOURCES NO 581 15 JUNE ,

South African Mining and Minerals Industry, 2016 (Reviewed Mining Charter, 2017) for implementation The Reviewed Mining Charter shall come into operation from the date of publication of this notice in the Government Gazette A copy of the Reviewed Mining Charter, 2017 is attached hereto ebenzi Joseph Zwane, MP Minister of Mineral Resources ....

Lessons from SA on value addition, beneficiation | The Herald

Lessons from SA on value addition, beneficiation 05 May, , for developing countries is premised on value addition and beneficiation , the beneficiation offset element of the Mining Charter;...

The Revised Mining Charter - Mining Law in South Africa ,

The Revised Mining Charter has been widely seen as an improvement on the discredited 2017 Mining Charter Some of the notable changes found in the Revised Mining Charter include recognition of the Historical BEE Transactions continuing consequences subject to the limitations set out in the Revised Mining Charter...

Mining Charter III: An analysis - NEWS & ANALYSIS ,

COMPREHENSIVE ANALYSIS OF MINING CHARTER III 1 Introduction , Beneficiation off-set A Holder may off-set up to 11 per cent of its Black Person ownership requirement provided that the beneficiation activities are ongoing and that the DMR has approved the proposed activiti There is still no method or manner of calculating the off-set ....

READ: Mantashe's address at announcement of new Mining Charter

Sep 27, 2018· The Mining Charter, 2010 will apply to all pending applications lodged and accepted prior to the coming into effect of the Mining Charter 2018 The right holder will be expected to increase their minimum B-BBEE shareholding to 30% within five years , To promote beneficiation in line with Government policy, a mining right holder may claim the ....

Mining Charter reporting index - Petra Diamonds

Mining Charter reporting index Item no Description , Beneficiation Has the mining company identified its current level of beneficiation? Has the mining company established its baseline level of beneficiation and indicated the extent that this will have grown in order to qualify for an offset? 9:...

MINING & MINERALS

Sep 28, 2018· Mining Charter "Beneficiation" means the transformation of a mineral (or a combination of minerals) to a higher value product, which can either be consumed locally or exported The term "beneficiation" is often used interchangeably with mineral "value-addition" or "downstream...

Lessons from SA on value addition, beneficiation | The Herald

Lessons from SA on value addition, beneficiation 05 May, , for developing countries is premised on value addition and beneficiation , the beneficiation offset element of the Mining Charter;...

Mining Charter Report: adoption | PMG

The Chairperson said that the Committee had challenged the assertion by the mining companies, as represented by the Chamber of Mines, that they supported the New Mining Charter Mr Schmidt remarked that it was not accurate to say that the mining companies appreciated the shortcomings of the old Mining Charter...

4 No 41934 GOVERNMENT GAZETTE, 27 SEPTEMBER 2018 ,

1002 Mining Charter, 2018: Publication Of The Mining Charter, 2018 For Implementation 41934 BROAD -BASED SOCIO- ECONOMIC EMPOWERMENT CHARTER FOR THE MINING AND , Mining Charter, beneficiation means the transformation, value addition or downstream processing of a mineral or mineral product (or a combination of minerals ....

Mining charter 2018 - key elements in the implementation ,

MINERAL BENEFICIATIONThe maximum of 5% offsetting for beneficiation contemplated in Mining Charter 2018 is given context in accordance with item 44 of the Implementation Guidelin A beneficiation equity equivalent plan has to be submitted to the Minister for approval within 60 days from date of submission...

Application No: APPLICATION FOR DIAMOND ,

beneficiation precious metals; (b) must have regard to the requirements of the broad-based socio-economic empowerment Charter (ie the Mining Charter) developed in term of section 100 of the Mineral and Petroleum Resources Development Act of 2002 Similar provision is made in the Diamonds Amendment Act No 29 of 2005...

MINING CHARTER 2018 - KEY ELEMENTS IN THE ,

holder can choose any of the activities specified in the Mining Charter 2018 as qualifying for beneficiation offsets as set out in item 217 of Mining Charter 2018 An example of how to calculate the equity equivalent is set out in item 444 of the Implementation Guidelines and the reporting template Table G 4 LACUNAE IN IMPLEMENTATION...

DMR BRIEFING: MINERAL BENEFICIATION

Introduction State of and the impediments to the implementation of the mining charter Transfer pricing and its impact on the economy The Implementation of the MPRDA, especially wrt Sections 26 and 100 The status of implementation of the minerals beneficiation strategy Mechanisms in place to address impediments to the minerals ....

LNP | A Mining Charter of compromise

The Mining Charter, 2018 appears to promote beneficiation To this end, percentage points (up to 5% of the equity equivalent of a BEE entrepreneur shareholding) may be claimed by a mining right holder for achieving beneficiation Such mining right holder is also required to submit a Beneficiation Equity Equivalent Plan to the Department of ....

New Draft Mining Charter Released for Public Comment ,

Jun 20, 2018· The Draft Charter seeks to replace: (i) the current Broad Based Socio Economic Charter for the Mining and Minerals Industry (2010) (the Current Charter); and (ii) the previous version of the Draft Charter which was released for public comment in 2017 (the 2017 Draft Charter) Existing Prospecting and Mining Rights Holders...

Mineral Resources: Mining Charter III - A compromise, M,

Sep 28, 2018· The new Mining Charter, released by Minister Gwede Mantashe on Thursday, has been sold as a compromise document It might plug the holes in the sinking mining ,...