Mining companies ready to invest much more if government slashes red tape

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Miners are prepared to increase investment in projects by 84% once dysfunction plaguing mining permits, railways and ports is addressed

Mining companies are prepared to increase their investment in projects in SA by 84% if the government addresses the dysfunction plaguing the processing of mining permits and the country’s railways and ports.

President Cyril Ramaphosa hinted that the government could be open to discuss requests from mining companies to allow for the private operation of Transnet Freight Rail’s dedicated heavy-haul coal, manganese and iron ore export lines...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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