SA mining’s black hole

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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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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