South Africa simply must get going on the mining exploration front
It’s extremely bad for the South African economy that it’s taking so long to get going on the mining exploration front. As is being pointed out around the resources world, mining success depends on exploration and for a country with such a long mining history to have such a thin discovery pipeline is economically damaging.
South Africa must also be the only mining country where the public sector is totally and utterly to blame for the absence of greenfield exploration growth. The private sector could have commissioned a mining cadastre decades ago but has not been allowed to do so by a public sector that keeps extending its cadastre deadlines. Government should not be allowed to get away with this unacceptable dereliction of duty.
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