The world may be experiencing a commodities boom, but don’t expect a rush of new junior miners and exploration companies to the JSE any time soon.

The problem, says the Minerals Council SA and others, is the regulatory environment, with the council saying the licensing process for prospecting and mining takes too long. And the largely manual management system governing the awarding of mining and prospecting rights needs to be replaced with an electronic one that speeds up the process and prevents duplication and fraud...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now