IAN FLEMING: SA mining needs new approach to preserving shared value
Business rescue is an option that can support better outcomes for distressed mining companies
As we reflect on the past year we have seen a renewed sense of hope in SA’s economic future take hold. The formation of the government of national unity, months without load-shedding and the rand’s improving performance have helped sentiment turn positive.
SA’s mining industry, long a cornerstone of our export economy and a major employer, cannot be blamed for feeling a little left out. SA’s status as a mining centre continues to wane, just as the energy transition and enormous global demand for critical minerals to support it gathers pace. SA’s mining production has in effect reached a plateau — output in many key areas is actually declining. ..
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.