International news within the industry of mining and metal, Nov, 24 2017
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Boosting black ownership of South African mines

Has come under harsh criticism

Photo: Pixabay
Photo: Pixabay
Published by
Peter Höök - 28 Aug 2017

South Africa’s new Mining Charter, aimed at increasing black ownership and participation in the sector, has come under harsh criticism from a large faction of the mining industry which claims there will be significant implications for the health of the industry, Mining Tech reports.

The charter is now on hold pending an urgent court interdict brought by the Chamber of Mines.

“This Mining Charter we present to you today is a key instrument for radical change, designed to address many of the inequalities in the mining and minerals sector prior to 2002,” Minister of Mineral Resources Mosebenzi Zwane.

Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential.  Photo: Jaxons Inc.
Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential. Photo: Jaxons Inc.

Jaxon starts to drill at Hazelton in Canada

"13 drill holes"

Jaxon Inc. is pleased to announce that it will be commencing its Phase 1, 2,000-metre diamond drilli...