https://newsletter.en.creamermedia.com
Africa|Energy|Exploration|Logistics|Mining|supply-chain|Water
Africa|Energy|Exploration|Logistics|Mining|supply-chain|Water
africa|energy|exploration|logistics|mining|supply chain|water

Mining red tape must be cut, exploration must be incentivised

4th March 2022

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

During its Covid-worsened economic crisis, South Africa would have had nothing to fall back on without the massive contribution of its far-reaching mining industry.

This contribution is massive and takes in the fiscus, foreign exchange generation, a quality supply chain, communities, the green energy future, water sharing, banking, logistics, and a longer list of stakeholders than any other economic sector. Yet it is an industry that is bound down by more red tape than any other sector.

What must happen now to get this economy going again is that, all inappropriate bureaucracy must be removed, and exploration must be incentivised using the models that have been so amazingly successful in other mining jurisdictions. The backlog of 4 000-plus exploration applications must be dealt with fast and civil society incentivised to invest in exploration companies that list on the Johannesburg Stock Exchange. If nothing is done to stimulate exploration, this highest-yielding industry will start to shrink even more alarmingly, which would be a great tragedy.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Latest News

Astral chicken farm
Astral swings to full-year profit, resumes dividend
18th November 2024 By: Marleny Arnoldi
Image of the dewatered Lesotho Highlands water tunnel at the Ash River Outfall in the Free State
LHWP tunnel maintenance on track
18th November 2024 By: Natasha Odendaal

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.154 0.253s - 172pq - 2rq
Subscribe Now