S.Africa mining group says members exceeded black ownership targets

South Africa's Chamber of Mines said on Friday that all of its members had exceeded the government's requirement that 26 percent of their shareholding be held by black owners, meant to address the inequalities of the apartheid system. Mines Minister Ngoako Ramatlhodi said on Thursday that 79 percent of mining companies had met the black economic empowerment criteria. "We have met and exceeded the target of the charter," said Roger Baxter, the chief executive at the Chamber of Mines, which repres