“The goal to lift mining’s contribution to the GDP to 10%, from 8% at present, is realistic, but requires actions from the government."
“We are all hoping for a much better year where market prices improve significantly, paving the way for a strong restart at ZAC."
South Africa has not attracted investment to allow for new mines to be opened or for substantial exploration campaigns to be carried out.
The government has confirmed thousands of mining rights; prospecting rights; permits; license renewals and ownership transfers are backlogged.
Platinum Group Metals
South Africa can successfully exploit its vast mineral resources if it is able to take advantage of current mining megatrends.
"I invite the investors to partner with us as we work to place South Africa's mining and energy sectors on an upward trend."