The Broad Based Socio Economic Empowerment Charter for the South African Industry, hereafter referred to as "the Mining Charter", is a Government instrument designed to effect sustainable growth and meaningful transformation of the mining industry. The Mining Charter seeks to achieve the following objectives:
(a) |
To promote equitable access to the nation's mineral resources to all the people of South Africa; |
(b) |
To substantially and meaningfully expand opportunities for HDSA to enter the mining and minerals industry and to benefit from the exploitation of the nation's mineral resources; |
(c) |
To utilise and expand the existing skills base for the empowerment of HDSA and to serve the community; |
(d) |
To promote employment and advance the social and economic welfare of mine communities and major labour sending areas; |
(e) |
To promote beneficiation of South Africa's mineral commodities; and |
(f) |
Promote sustainable development and growth of the mining industry. |