Investing in African Mining Indaba
Red tape ties up R20bn in mining projects
CEO Roger Baxter says Minerals Council SA and department are working to expedite approval of projects
04 February 2021 - 05:10
Mining companies have R20bn worth of projects locked up in red tape and bureaucratic processes that are now the special focus of the department of mineral resources & energy to ensure the projects come into existence.
In a December survey of its members, the Minerals Council SA, a body to promote and protect mining companies’ interests, found that in 100 responses there were a wide range of projects with a value of R20bn that had been prevented from development because of slow government processes, council CEO Roger Baxter said in an interview...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.