The Minerals Education Trust Fund – A good news story
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.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
