EXPLORATION STILL ON VACATION:
South Africa’s $2.5-trillion minerals treasure chest will remain locked until enabling government policy unlocks it. Government has awakened to the massive potential of such an unlocking, but needs to clearly enunciate improved minerals policy to arouse the required investor interest. South Africa continues to be one of the jurisdictions where mining has the potential to play an integral role in stimulating overall economic development. If mining’s contribution to gross domestic product were doubled to an attainable 8%, it would generate enormous wealth and create something like 200 000 to 300 000 more jobs along the value chain. What are we waiting for?
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