BROAD -BASED SOCIO- ECONOMIC EMPOWERMENT CHARTER FOR THE MINING AND MINERALS INDUSTRY, 2018

The Broad-Based Socio-Economic Empowerment Charter for the Mining and Minerals Industry, 2018, is a regulatory instrument published by the South African Minister of Mineral Resources to redress historical socio-economic inequalities. It establishes mandatory targets for ownership, procurement, employment equity, human resource development, and community development for mining right holders and certain license holders under the Diamonds Act and Precious Metals Act.

• New mining rights are required to have a minimum of 30% BEE shareholding. This must be distributed as 5% non-transferable carried interest for qualifying employees, 5% non-transferable carried interest or equity equivalent benefit for host communities, and 20% effective ownership for a BEE Entrepreneur, with a preference that 5% of that portion be for women.
• The Charter mandates specific procurement targets for mining goods and services. At least 70% of total mining goods procurement spend must be on South African manufactured goods, with 21% for Historically Disadvantaged Persons owned and controlled companies, 5% for women or youth owned and controlled companies, and 44% for BEE compliant companies. For services, 80% of total spend must be sourced from South African based companies, including 50% from Historically Disadvantaged Persons owned and controlled companies, 15% from women owned and controlled companies, 5% from youth, and 10% from BEE compliant companies.
• Employment equity targets are set based on provincial or national demographics. Minimum thresholds for Historically Disadvantaged Persons include 50% for the Board (20% women) and Executive Management (20% women), 60% for Senior Management (25% women) and Middle Management (25% women), and 70% for Junior Management (30% women). Additionally, 1.5% of all employees must be persons with disabilities, and 60% of core and critical skills must be represented by Historically Disadvantaged Persons.
• Mining right holders must invest a minimum of 5% of the leviable amount (excluding the statutory skills development levy) into essential skills development. This investment must cover areas such as science, technology, engineering, mathematics (STEM), artisans, internships, and research and development, and must be apportioned according to national or provincial demographics.
• The Charter requires 100% implementation of Social and Labour Plan (SLP) commitments in any given financial year. Mining right holders must identify developmental priorities in consultation with municipalities, mine communities, and traditional authorities, and publish approved SLPs in English and a dominant language used within the community.
• Specific regimes are established for junior miners and holders of licenses under the Diamonds Act, 1986 and Precious Metals Act, 2005. Junior miners with an annual turnover of less than 10 million Rands are exempt from several elements, including Inclusive Procurement and Human Resource Development. For downstream diamond and precious metals jewellers and beneficiators, the ownership target is a minimum of 26% shareholding for Historically Disadvantaged Persons.

APA

Centre for Environmental Rights (2018). BROAD -BASED SOCIO- ECONOMIC EMPOWERMENT CHARTER FOR THE MINING AND MINERALS INDUSTRY, 2018. https://cer.org.za/wp-content/uploads/2018/09/Mining-Charter-2018.pdf?x21779

Chicago

Centre for Environmental Rights. BROAD -BASED SOCIO- ECONOMIC EMPOWERMENT CHARTER FOR THE MINING AND MINERALS INDUSTRY, 2018. 2018. https://cer.org.za/wp-content/uploads/2018/09/Mining-Charter-2018.pdf?x21779.

Wikipedia

{{cite report |author=Centre for Environmental Rights |title=BROAD -BASED SOCIO- ECONOMIC EMPOWERMENT CHARTER FOR THE MINING AND MINERALS INDUSTRY, 2018 |date=27 September 2018 |url=https://cer.org.za/wp-content/uploads/2018/09/Mining-Charter-2018.pdf?x21779 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{centreforenvironmentalrights2018broad, author = {{Centre for Environmental Rights}}, title = {{BROAD -BASED SOCIO- ECONOMIC EMPOWERMENT CHARTER FOR THE MINING AND MINERALS INDUSTRY, 2018}}, institution = {Centre for Environmental Rights}, year = {2018}, month = sep, url = {https://cer.org.za/wp-content/uploads/2018/09/Mining-Charter-2018.pdf?x21779}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }