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LEKGOTLA: Exxaro's head questions relevance of SA mining charter.

Authors :
Markram, Bianca
Source :
Metal Bulletin Daily; 8/30/2013, Issue 380, p5-5, 1p
Publication Year :
2013

Abstract

The article reports on the concerns raised by South African mining company Exxaro over the relevance of the Mining Charter in 2013. Chief executive officer (CEO) Sipho Nkosi says all mining companies have done their deals. He cites a condition which stipulates that all firms must transfer 26% of equity to black economic empowerment (BEE) partners by May 2014. Uncertainty surrounds the deadline for mining firms' compliance with the stipulations of the Charter.

Details

Language :
English
ISSN :
20572379
Issue :
380
Database :
Complementary Index
Journal :
Metal Bulletin Daily
Publication Type :
Periodical
Accession number :
91675911