SA now one of the most unattractive mining investment countries | Citypress

  • 📰 City_Press
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

South Africa’s brilliance as a preferred destination for mining investments has faded to such an extent that it is now regarded as one of the 10 most unattractive mining countries in the world

.

The Fraser Institute last week announced its ranking for last year’s most attractive mining and exploration countries for investors, and South Africa, once a top mining producer, came 75th out of 84 countries.Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's crap story and you know it

Not for Zama-zamas.

This is not true check what is happening now that the West world is not in favour of Russia check Pt price

well done. hate mining.

Fanele sibuzekuwe Kaloku kutheni

ANC mission: kill steal and destroy

Halala GwedeMantashe1 ! Excellent work comrade

Gwede is the dumbest and most useless cabinet minister we have. But won't bother Cyril, he sees nothing wrong

Well done ol chap

Time to nationalise

Eisch Gwede Eisch !!!!

When Cyril Ramaphosa want to remove you he uses his mouth piece ThumaMinaMediaGroup to attack you...GwedeMantashe1 you are on Your way out in the next cabinet reshuffle.

Opportunity for government and locals

Illegal foreigners don't care about our country

ANC government is killing the economy of this country.

It was when Gwede told the mining conference in Australia about Hazenile. Thats when the worlds mining companies gave up!! 🥳🥳🥳🥳🥳🥳

Forget only one thing corruption

Black excellence

Next time we will hear Dj Gweezy saying they want a piece of the pie of Kzn disaster fund.

GwedeMantashe1 MYANC how useless can u get? This is a race to the bottom

Eish! Why do you suppose that is GwedeMantashe1 ?

South Africa is a Risk Investment country! How can you invest in a mines that is frequently attacked by ZAMA ZAMAS

The one thing we have a lot of - and nobody wants it. This is a sad state of affairs. Pathetic management of our resources and investability.

Viva Gwede viva Your comrats must be so proud of you On your total destruction of the mining sector Viva

Yes part of that decolonisation process. It was the plan all along yes? Yes Viva. Amandla job losses Viva Revolutionaries.

🤡🤡🤡

Isn't that wonderful. Another MYANC screw-up, and a big one at that. The Minister of Minerals and Energy, Gwede Mantashe, is a total failure and that's now official. The Index is his performance appraisal:

Lol just because people refused to be manipulated by rich mining companies, the people had the right to stand up for the environmental protection! Capitalist will do anything to destroy the environment just in the name of making profit, sies!

Thatha Matamela you are now dealing with gde🤣🤣

Kgabidi Good, maybe black poor voters will use their brains and vote wisely.

I'm happy to join those who are sharing the good news about Brandonkaren11 I'm not persuading anyone to trade with her but i advise every investor to make the right choice when it comes to Bitcoin mining i got my withdrawal safely without any interruption

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to _ambreymarcus1 , and I gave Bitcoin trading another try, I successfully withdrew R85,000 after two weeks of trading, am so grateful _ambreymarcus1 thank you.

Its as simple as A -N - C to fk it all.up

Anything to discredit Gweezy

IanCameron23 Well, with the dinosaur himself in charge, one would expect nothing less.

IanCameron23 Is there anything that these terrorists have not totally destroyed?

IanCameron23 All thanks to the corrupt VoetsekANC government and theire leader

In 4 years according to Minister Godongwana government borrowed R1,8 trillion to take our total government debt to R4,3 trillion yet unemployment increased and is now at 35 percent the highest in the world. Despite all this borrowings we have failed our people😞

Blame NEMA, deranged activists and their lawyers.

MYANC at work. Please don’t disturb GwedeMantashe1

……that’s what RET does to a country when commercial and socio-political interests are manipulated to suit those in power, or what?

And if they do disinvest, what then?

Gwede must stand his ground They can keep threatening us with disinvestment as much as they want It’s time we execute policies that fully benefits the country just like the Arabs and Nordic countries are doing. Those countries aren’t criticized or questioned by these critics

They have taken all our minerals now they downgrade us. To hell with them.

First problem, the zama zamas, 2nd, 3rd etc, zama zamas

I agree that SA is no longer a preferred destination for new mining projects. I was involved with a few feasibility studies for new mines/shafts in SA between 2003 and 2012. None of these studies went ahead at that time already.

Gwede must stand his ground They can keep threatening us with disinvestment as much as they want It’s time we execute policies that fully benefits the country just like the Arabs and Nordic countries are doing. Those countries aren’t criticized or questioned by these critics

And someones still says we are not a failing state Economy drowning Crime rising Basic service delivery is up to s**** Protests Inequality GBV Political instability Corruption Load shedding Living in SA is very depressing, our kids are gonna suffer if we don't do anything now

Unions are the biggest problem.

To be fair to the minister. There is just so much opposition to mining in this country.

Black supremacy at work.

Why am I not surprised by this?

CyrilRamaphosa a bid part of this is your policies. At what stage do you and the MYANC accept responsibility

It’s No.1 on the Zama-Zama mining list. mostattractive

Union😭

Too many good for nothing ‘wise guys’ in SA.. now they are phasing out coal.. go figure!

THE RESULTS OF THE CRIMINAL ORGANIZATION NAMELY THE ANC IN GOVERNMENT AND ITS POLICIES. UNIONS ARE ALSO RESPONSIBLE WITH THEIR POLICIES AND RIDICULOUS WAGE DEMANDS.

SA's's minerals have not benefited natives at all for centuries, beyond a few trinkets. Compared to what these colonizers steal. Freeze the damn sh!t until it starts to benefit locals. When america starts wanting to pull an Iraq/Lybia on SA, it means natives are waking up👀

Because of these nondescript.

Oh dear I wonder why 🙄🙄🙄

Why is that?

Ireland Ireland Latest News, Ireland Ireland Headlines