Mining Charter definition

Mining Charter means the broad-based socio-economic empowerment Charter for the South African Mining and Minerals Industry;

Mining Charter has the meaning given to it in Clause 22.9 (Creditors’ Process).

Mining Charter means this broad-based black socio-economic empowerment charter for the South African mining and minerals industry, 2017, developed in terms of section 100 (2) (a) of the MPRDA;

Examples of Mining Charter in a sentence

• In September 2021, the full bench of the High Court (Gauteng Division, Pretoria) in South Africa ruled that the Mining Charter 2018 is a policy document and not law.

• Accordingly, the clauses of the Mining Charter, which were challenged by the Minerals Council of South Africa were reviewed and set aside.

• The objective of a social and labour plan is to align the Company's social and labour principles with the related requirements established under Mining Charter 2018.

• The judgment removes the clauses from the Mining Charter which compelled companies to top up their BEE shareholdings to 2018 Charter levels in respect of the renewal of existing mining rights and the transfer of mining rights.

• In association with the new Act, the Mining Charter sets out a target of 26% ownership and participation in the mineral industry by “Historically Disadvantaged Persons” within ten years, but the mechanisms to fully affect this objective are still evolving.

More Definitions of Mining Charter

Mining Charter means the Broad-Based Socio-Economic Empowerment Charter for the South African Mining Industry, developed in terms of section 100 of the MPRDA, as amended from time to time.

Mining Charter has the meaning given to it in Clause 22.8 (Creditors' process); Month means a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month, except that: 1.

Mining Charter means the Broad-Based Socio-Economic Empowerment Charter for the Mining and Mineral Industry developed in terms of section 100 of the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

Mining Charter means the Broad-based Socio-economic Empowerment Charter for the South African Mining Industry, dated 11 October 2002;

Mining Charter. - means the broad- based socio-economic empowerment charter for the mining and minerals industry, as gazetted from time to time;

Mining Charter means the Broad Based Socio-Economic Empowerment Charter for the South African mining industry, signed by the DMR and the South African Chamber of Mine, amongst others, on October 11, 2002;

Mining Charter means the broad-based socio-economic empowerment charter, as amended, revised and/or restated and shall include the Broad-Based Socio-Economic Empowerment for the South African Mining and Minerals Industry, 2018, gazetted by the Minister of Mineral Resources on 27 September 2018.