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Petmin hands over 20% of Somkhele mine to employees, community in innovative BEE deal

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petminMining Weekly Online reports that coal and iron-ore company Petmin has finalised a R350-million broad-based black economic-empowerment (BBBEE) deal that sees its employees and the local mining community awarded a 20% stake in the miner’s Somkhele anthracite operation, in KwaZulu-Natal.  

Source: Latest News