S. Africa, Mines Fight Over Proposed Community Revenue Share

By
Paul Vecchiatto
and
Paul Burkhardt
  • Chamber of Mines opposes plans for share of 1% of revenue
  • Mining companies would prefer a guide based on profit

South Africa’s biggest mining companies are opposed to a government proposal that 1 percent of their annual revenue be spent on developing communities associated with their operations and have countered with suggestions that they instead pay out a share of profit.

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