BEE

Orion Minerals

Insights and next steps – Mining Charter III

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: Chamber of Mines SA seeks clarity on previous BEE...

The Chamber of Mines SA has approached the High Court for a declaratory order to provide guidance on the principles applicable to the assessment...
Wescoal

Wescoal reassures market of move towards 51% BEE compliancy

  Executives of Wescoal  are engaging with shareholders to reassure the market that the process of moving towards a majority black empowerment shareholding has had...

How to overcome the Mining Charter impasse – DMR

South Africa – A consensus could not be reached on what constitutes the 26% black economic empowerment (BEE) compliance at the Department of Mineral...

Northam Platinum offers BEE shares

South Africa – Northam Platinum is proceeding with the implementation of a share offer in line with its R6.6 billion fully funded broad based...

Mining Charter: Once empowered, always empowered – or not?

By Laura Cornish. South Africa - The Department of Mineral Resources’ (DMR) minister Ngoako Ramatlhodi today announced the results on the industry’s compliance with the...

Chamber of Mines seeks solution on Charter BEE compliance

South Africa - The Chamber of Mines of South Africa has welcomed the interim statement on the state of progress in transformation in the...

Northam Platinum BEE deal approved

South Africa – The Northam Platinum BEE deal, worth R6.6-billion, was approved by an overwhelming number of shareholders on Thursday . The Northam Platinum BEE deal, in addition to a...

ENCR sells 13% stake in Northam Platinum

South Africa - Kazakhstan and Central African-focused miner Eurasian Natural Resources Corporation (ENRC) has sold 51 732 782 ordinary shares, constituting about  13.01% of...

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