Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Black economic-empowerment (BEE) transactions are under scrutiny at Exxaro Resources as existing BEE deals head towards their deadlines after ten years of providing licences to operate. The original 26% BEE shareholdings, transacted in 2006 with a 2016 expiry date, must now either be sold off to other BEE groupings, or extended for further periods.
Black economic-empowerment (BEE) transactions are under scrutiny at Exxaro Resources as existing BEE deals head towards their deadlines after ten years of providing licences to operate. The original 26% BEE shareholdings, transacted in 2006 with a 2016 expiry date, must now either be sold off to other BEE groupings, or extended for further periods.
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