There was good news on the mining front, with the release of the country’s November mining production data that showed that output beat economists’ expectations. Mining rose 6.5% year on year. The largest positive contributors were platinum group metals (PGMs), iron-ore and coal while gold was a significant negative contributor. The surprise increase marks two consecutive months of growth in the sector after the contraction in September. But the industry still faces rising costs, regulation issues and the controversial mining charter that still needs to be hashed out in court. Peter Major, director of mining at Cadiz Corporate Solutions, spoke to Alishia Seckam of Business Day TV about his outlook on 2018. OR LISTEN TO THE AUDIO:
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.