The state of mining in South Africa
Opportunity lost or light at the end of a tunnel?
How does South Africa go about navigating this storm?
The key seems to lie in changing the existing perceptions of both foreign and local investors of the South African mining industry. Phil Hopwood, Global Mining Leader at Deloitte, suggests three of these priorities to be for government to focus on reducing the risks of foreign investment, implementing a more robust regulatory environment and proving competitiveness in productivity.
With robust project management skills, high levels of innovation and deep mining experience, perhaps the role of South Africa in the global mining industry is slowly shifting away from major resource provider to strategic project advisor.