S.Africa mining industry to consider legal options if charter revisions onerous

PUBLISHED: Wed, 07 Jun 2017 15:50:03 GMT

Tanisha Heiberg | JOHANNESBURG

Delayed revisions to South Africa’s Mining Charter, which sets industry targets for black ownership and participation in the sector, will face legal challenges if it is unacceptable to producers, the CEO of the Chamber of Mines said on Wednesday.

“If the outcome is an outcome which is unacceptable to the industry then clearly we will consider our legal options,” Roger Baxter told an industry conference in Johannesburg.

(Reporting by Tanisha Heiberg; Writing by Ed Stoddard)

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.