SIX THINGS YOU NEED TO KNOW ABOUT MINING CHARTER III

On 27 September 2018, the Minister of Mineral Resources (Minister) published the long-awaited Mining Charter III for implementation. Therefore, Mining Charter III is now applicable to the minerals industry and has replaced/repealed both the Mining Charter II and the ill-fated 2017 Mining Charter which was never implemented.  The publication of Mining Charter III is an important milestone in government’s attempts to bring some certainty on the empowerment legal framework applicable to the minerals industry in South Africa.