South African mining consultancy SRK Consulting has been upgraded to Level 1 status under Broad-Based Black Economic Empowerment (B-BBEE) stipulations. The status has been awarded in recognition of the firm’s focus on domestic talent and help develop skills amongst most of its associates.
As
a crucial part of the mining sector in South Africa, SRK Consulting has grown to great prominence in recent years. The firm has supported a number of mining companies with navigating the increasingly challenging conditions in the South African mining sector, brought about by falling commodity prices.
SRK Consulting’s expertise has been lent credibility through global recognition. Late last year, the firm was named at the top of the list for the 25 best reports on the mining sector across the globe. The firm has conducted detailed analysis on the economic and environmental future of mining in South Africa.
Now, the firm has grown in its social profile,
after being awarded Level 1 status under BBBEE stipulations. The B-BBEE scheme has four Codes of Good Practice, which include Ownership, Management Control, Skill Development, Enterprise & Supplier Development, and Socio-economic
Development.
Acknowledged: Consultancy South Africa and www.consultancy.co.za
Author: Vis Reddy | Managing Director | Principal Scientist-Geochemistry
