Cutting red tape will set free 84% more mining investment, Indaba told

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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 tackles the dysfunction plaguing the processing of mining permits and approvals for self-generation projects, as well as constraints facing the railways and ports.

President Cyril Ramaphosa hinted 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. He was speaking on the second day of the Investing in African Mining Indaba in Cape Town on Tuesday...

 

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Mining companies ready to invest much more if government slashes red tapeMiners are prepared to increase investment in projects by 84% once dysfunction plaguing mining permits, railways and ports is addressed
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Mining sector companies willing to increase investments if regulatory hurdles are resolved | CitypressCompanies in the mining sector are willing to increase their investments by 84% over and above the existing capital, during the next five years, if regulatory hurdles are resolved. They mean if gov relaxes laws that ensures beneficiation to locals? City_Press What companies Mr.CyrilRamaphosa PresidencyZA Are you talking about THE ZUPTAS and the Russian oligarchs, if yes please stop immediately . Action4SA City_Press BullShit!!! You need to be in CapeTown to see thats not the case.
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