The Department of Trade and Industry (the dti) and the Department of Mineral Resources (DMR) conducted consultations at a Ministerial and Senior Government Official Level regarding the development of a Transformation Charter under Section 100 (2) of the Mineral and Petroleum Resources Development Act of 2002 (MPRDA).
Minister Davies and Minister Zwane had engagements to discuss the process and alignment of the Reviewed Mining Charter to the Broad-Based Black Economic Empowerment Act 53 of 2003 as Amended by Act 46 of 2013 (B-BBEE Act).
Furthermore, the dti provided guidance and clarity in understanding the methodologies and dynamics of the B-BBEE Legislation.
In light of the above consultations, the end result of the consultative process led to the DMR issuing the Reviewed Mining Charter under Section 100 (2) of the MRPDA.