SA to retain black ownership target in mines

South Africa unveiled the country’s new mining plans today, but stuck with the previous mining charter’s target of transferring 26% of the ownership of mines to black people by 2014. The revised plans will seek to speed up black ownership, skills development, employment equity, procurement, housing and living conditions, and mining beneficiation.

“The 26% target is confirmed for 2014,” South Africa’s Mineral Resources Minister Susan Shabangu said.

Just like Peter Leon suggested.

I'll post these things as they come up.