Adverse environment deters PGM investment, says Neal Froneman

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Россия Новости Новости

SA has great opportunities in its mineral industry that are lying fallow because of the risky investment environment, the Sibanye CEO says 🔒

SA producers of most of the world’s platinum group metals are unlikely to invest heavily in new projects due to the unfavourable investment environment in the country and tough lessons learnt from the past, says Sibanye-Stillwater CEO Neal Froneman.

Prices for PGMs are racing ahead in a global surge of commodity prices including iron ore and copper, but “lack of an investor-friendly environment” will discourage producers of the six metals making up PGMs from committing to major new projects, despite more than a decade of underspending on mines, Froneman said. ..

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

No they are not lying fallow. We are just tired of giving it away for free and not benefiting blacks. We tired of making white man rich. We all want fair share. Great government in making

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

SA could do so much more with mineral investment, says Neal FronemanSA has great opportunities in its mineral industry that are lying fallow because of the risky investment environment, the Sibanye CEO says 🔒 This is heartbreaking 💔 C'mon South Africa, get your act together!
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Investment in Africa’s economic corridors is vital to improving trade efficiencyHigh transport costs have been an impediment to Africa’s growth and development for far too long
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »