SA mining’s black hole

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa Headlines News

SA is sitting on millions of tons of valuable minerals. But policy bungles, poor implementation and apparent corruption are hobbling future exploration.

Million of tons in valuable minerals, from thermal coal and manganese to platinum group metals, can be found in SA. Yet, despite this serendipity, the government has had only partial success in unlocking the benefits.

In theory, it should be like flicking a switch. In reality, the country captures less than 1% of global mineral exploration spend. It’s a neglect by the government that beggars belief. Prolonged inaction regarding the mining sector is arguably the single most discrete dysfunction demonstrating SA’s inability to help itself...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ASUS SA enters commercial tech space, appoints SA marketing managerEstelle Jonker will execute the brand’s B2B marketing strategy in the region.
Source: ITWeb - 🏆 45. / 51 Read more »

Vodacom ranked best quality network in SA - Cell C, not so much…Vodacom ranked best quality network in SA - Cell C, not so much… A data company called Tutela revealed that Vodacom ranked higher than its competitors in relation to its quality for consumers.
Source: TheSAnews - 🏆 25. / 59 Read more »

International WorldSkills Competition | NWU nursing student to represent SAA North West University student is set to fly the SA flag high at the 46th International WorldSkills Competition. Tshiamo Mokgoetsi won big at the national competition which was held in Durban last month. She's set to represent the country on an international stage in October in China. She spoke with eNCA's Dan Moyane.
Source: eNCA - 🏆 49. / 51 Read more »

SPOTLIGHT: Shorter, simpler drug-resistant TB treatment expected in SA later in 2022A new six-month treatment regimen for drug-resistant forms of tuberculosis is expected to be rolled out in the public sector – current regimens take anything from nine to 18 months. Here we unpack why the switch is important and outline what still needs to happen to make it a reality.
Source: dailymaverick - 🏆 3. / 84 Read more »

Shadow boards: what are they and how do they apply in the corporate SA context?The main benefits of shadow boards are a fresh perspective on the firm and a more enthused workforce, together with soaring sales, as Gucci found out
Source: BDliveSA - 🏆 12. / 63 Read more »

More than 8,500 people aged 21 to 34 died on SA roads in three yearsA total of 8,547 people aged 21 to 34 died on the country's roads in three years. Sad but shows how many licenses are Bought. Could it be the, pot holed roads, broken/absent/looted traffic lights, unpainted roads, corrupt traffic officers, uncut grass, abscence of street/road lighting, barriers, flooding due to blocked storm water drains, etc? Could it be admistrative failure causing so much tragedy?
Source: TimesLIVE - 🏆 28. / 59 Read more »