Anglo American is still up in arms over South Africa's new mining bill. CEO Tony Trahar says that black ownership in South Africa's mining industry should realistically be between 10 - 15 percent in the next five to 10 years.

"Over the next five to 10 years we could see the transfer of 10%-15% of existing operations, for fair value. It is my personal view, but I think the mining sector could live with a much higher percentage on new projects, 25% plus," Trahar was quoted in Business Day.

This is far less than what the government was looking for in its attempt to create a shift in mining ownership and give blacks a bigger share of the county's wealth. The government was thinking more along the lines of a 50 percent black ownership within 10 years.