Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Mining Sector Charter

Scorecard for the Broad Based Socio-Economic Empowerment Charter for the South African Mining Industry

3. Objectives
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The objectives of this charter are to:

 

•Promote equitable access to the nation’s mineral resources to all the people of South Africa;

 

•Substantially and meaningfully expand opportunities for HDSA’s including women, to enter the mining and minerals industry and to benefit from the exploitation of the nation’s mineral resources;

 

•Utilise the existing skills base for the empowerment of HDSA’s;

 

•Expand the skills base of HDSA’s in order to serve the community;

 

•Promote employment and advance the social and economic welfare of mining communities and the major labour sending areas; and

 

•Promote beneficiation of South Africa’s mineral commodities.