26% of mines for blacks by 2014

SOUTH Africa plans to retain the previous mining charter's target of transferring 26percent of mine ownership to black people by 2014 in its efforts to reverse imbalances that were caused by discrimination during the apartheid regime.

SOUTH Africa plans to retain the previous mining charter's target of transferring 26percent of mine ownership to black people by 2014 in its efforts to reverse imbalances that were caused by discrimination during the apartheid regime.

The government said in April it would endorse a new mining charter, which oversees the mining industry, in May. - Reuters

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