Namibia’s mining charter mooted

Caird logo - no contact details with byline3 (May 08)

This comes from a recent Namibia mining report that you can buy for $500 US.  Or you can read the summary here.

In May 2009, there were fresh media reports that Namibia is thinking of following the lead of South Africa and introducing a mining charter, designed to increase black ownership of mineral assets. South Africa's legislation, introduced in 2004, compelled mining companies to sell a 15% stake in mining assets to local black investors by 2009, rising to 26% by 2014.

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