Brought to its knees by a market downturn that has lasted close on a decade, a cash-flush mining industry is now on the verge of cranking up investments in the parched sector - if policy certainty becomes the new normal. There's "still a cautious tone", Anglo American CEO Mark Cutifani told Business Times. "Political instability around the globe made people a little wary. Still not an easy world. "I don't think anybody is going nuts by any stretch of imagination." Improved commodity markets have finally landed on the balance sheets of the country's leading miners, with Anglo American Platinum, the world's biggest platinum miner, paying its first dividend in six years. From a cash-preservation position, the sector has tentatively moved to a reinvestment phase and for some, the exploration stage of the cycle. South Africa's mining industry is no longer the bedrock of the economy, but improved sentiment in the sector feeds into other industries such as construction and services that ha...

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