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Draft Mining Charter seeks to clear up equity ownership confusion

JOHANNESBURG (miningweekly.com) – Mineral Resources Minister Mosebenzi Zwane’s surprise gazetting of the draft Mining Charter earlier this month without any stakeholder engagement was likely motivated by a need to shake up the industry to meet the country’s transformation targets. Many debates around the draft document, which was open for comment until May 15, centred on the more stringent ownership targets.