Navigate the mining sector’s stormy seas in 2017 with CDH
Make the most of green shoots with help from an expert team of legal advisers
There is nothing easy about mining, and 2017 is likely to be another challenging year for the sector if complexity is not managed well. Uncertainty over the Mineral and Petroleum Resources Development Act Amendment Bill, the Mining Charter and the status of being “once empowered, always empowered”; financial provision regulations; section 54 stoppages; and more stringent environmental legislation, among others, continue to make life difficult for local industry participants. However, green shoots of growth are starting to sprout in the early parts of this year – the World Bank is forecasting strong gains in 2017 for industrial commodities such as energy and metals. Some of the performances of mining companies for the past quarter and the early part of the year have been fabulous, opening the door to exciting opportunities for those sector participants best able to manage the challenges. The spectre of a weak China pulled commodities deep into the doldrums over the past few years, b...
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