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Miners to get 'second chance' on BEE goals.
Byline: SIMON MUNDY
Miners to get 'second chance' on BEE goals Minister warns on losing licences Contributing Writer THE government and the mining industry said yesterday they had agreed to keep a target of 26% black ownership of mining companies to be achieved by 2014.
The ambitious target puts the industry under pressure during a fragile global economic recovery and mounting uncertainty on the outlook for commodity demand.
Mining Minister Susan Shabangu said yesterday that mining companies had failed to achieve last year's target of 15%, meaning the racial pattern of ownership of mining assets has not yet changed fundamentally since the advent of …
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