Russian technology will help SA’s platinum group metals sector, says Gwede Mantashe
Speaking at the SA-Russia PGM conference, the mineral resources minister said SA could not sustain its mining unless proper exploration measures were conducted
Mineral Resources Minister Gwede Mantashe said on Tuesday that a partnership with Russia may be beneficial to the platinum sector. Mantashe was speaking alongside his Russian counterpart, Dmitry Kobylkin, at the SA-Russia Platinum Group Metals conference in Johannesburg. He said it would be beneficial for SA to use Russian technology in developing the platinum group metals (PGM) sector. "In terms of PGMs‚ it is important to illustrate the effort we are putting in increasing the demand for platinum. I’m very excited by seeing attempts to develop uses for PGMs‚" Mantashe said. "For us in SA‚ PGMs are quite an important sector; it used to be gold …. There are more workers in PGMs than in gold. It’s quite important for us to invest in PGMs. We have no luxury to just sit back and watch them declining." In his short closing speech‚ Mantashe said SA could not sustain its mining unless proper exploration measures were conducted. "We will benefit if we can partner with Russia in terms of tec...
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