https://newsletter.en.creamermedia.com
Charter|Design|Engineering|Mining
Charter|Design|Engineering|Mining
charter|design|engineering|mining

The Minerals Education Trust Fund – A good news story

28th May 2021

     

Font size: - +

At a time when good news stories seem to be few and far in between, The Minerals Education Trust Fund (METF) stands out. Constituted in 2000 by South African minerals and mining companies, the METF has had a significantly positive impact on both the minerals and education sectors for over 20 years.

The Fund receives contributions from its 29 members, representing some of the most prominent companies in the South African mining and minerals sector, with the aim of supporting the development of high-level technical skills by augmenting the salaries 
of key lecturing staff in disciplines such as mining and metallurgical engineering and geological sciences.

The METF funds subventions for 254 academic staff members at nine higher education institutions, ensuring the attraction and retention of highly qualified academic 
staff in key scarce skills such as mine ventilation, rock mechanics, mining geology, extractive metallurgy and various other undergraduate courses aimed at meeting 
the needs of the industry.

In addition, the Fund has made grants available for the purchase of capital items, such as up-to-the-minute mine design software used in teaching undergraduate Mining Engineering students.

The ultimate beneficiaries of the Fund’s support are 4471 undergraduate students, 76% of whom are black African students, of which 39% are female. The role of the METF is key to ensuring a constant supply of high-level technical skills, necessary for the transformation and viability of the South African minerals sector. 

 In addition to these benefits, any contribution to the Fund is tax exempt in terms of Section 18A of the Income Tax Act, qualifies for B-BBEE points and will assist you in meeting your Minerals Charter targets. 

The sustainability of the Fund relies on as broad a participation as possible. We therefore appeal to you to join your peers in becoming a contributing member in 2021.

Edited by Creamer Media Reporter

Comments

 

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.241 0.331s - 173pq - 2rq
Subscribe Now