SA publishes mining exploration strategy with an eye on attracting investors
Strategy for mining industry prioritises public-private partnerships with junior exploration companies that have at least 51% historically disadvantaged ownership
12 April 2022 - 17:37
The long-awaited exploration strategy for the mining industry published on Tuesday by the department of mineral resources & energy outlines plans to increase SA’s share of global investment in exploration from 1% to 5% within the next five years.
Global exploration expenditure was estimated to reach about $18bn (R262bn) in 2025, but SA’s share of this spending has declined over the years...
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