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South Africa targets 26% black mine ownership

THE South African government has released its long-awaited final mining charter draft targeting 26% black ownership of the country's mines within 10 years.

Greg Tubby

South Africa targets 26% black mine ownership

Minerals and Energy Minister Phumzile Mlambo-Ngcuka told reporters after a cabinet meeting the charter also called for 15% ownership by previously disadvantaged - mainly black - people of mining assets...

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