Minerals Council launches investment, growth strategy for mining industry

The Minerals Council South Africa has launched its Investment and Growth Strategy to attract further investments in exploration, new mines and existing operations, and thereby grow the sector, create employment and provide job security, said its president Paul Dunne on October 7. While recent announcements of mine extensions, new mines and feasibility progress towards new mines by member companies were encouraging signals, the bulk of the R70-billion of investments that had been committed and was ready for implementation was to maintain output at current levels, he said.