One step forward, one step back in bid to attract mine investment, say CEOs
Industry's future threatened by the lack of spending on mining exploration
02 June 2022 - 05:10
The lack of spending on mining exploration in SA, due in part to the lack of mining policy certainty and long delays in granting exploration licences, is posing a threat to the future of this industry and the contribution it makes to the economy.
As a result of insufficient spending on exploration, SA is not adding new sources to secure future minerals production, said Roger Baxter, CEO of the Minerals Council SA, who was speaking at the Junior Mining Indaba in Johannesburg...
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.