https://www.miningweekly.com

South Africa must incentivise mining exploration, the ANC is 100% correct

24th July 2020

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

As pointed out in the well-received 30-page discussion document of the economic transformation committee, the South African mining industry has in recent years experienced falling levels of investment and exploration, job losses, and increased cost pressures, but despite these problems, South Africa still remains a global mining powerhouse.

We agree wholeheartedly with the document that there is no longer any place for regulatory disputes and uncertainties and that these should be resolved with immediate effect. South Africa Inc as a collective must focus its attention on expanded investment in mining and increased research and development, led by Mintek and the Mandela Mining Precinct, as well as increased mining exploration, with the Council for Geoscience playing a leading role, to ensure long-term expansion of the sector.

We agree fully that listings of mining companies on the Johannesburg Stock Exchange should be encouraged and South African retail investors willing to invest in mining exploration should be incentivised, as is the case in other mining jurisdictions.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION