SA’s inaction threatens investment, says David Brown

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

المملكة العربية السعودية أخبار أخبار

MC Mining has a hot project but investor sentiment over SA could stand in the way of fundraising.

CEO of MC Mining and industry veteran, David Brown, has warned that policy uncertainty threatens the junior miners' ability to raise funds to develop a significant coal mine in SA.

Brown, who previously headed platinum producer Impala Platinum, said investors are put off by SA’s low growth environment as well as policy uncertainty over how the country will kick-start the economy, particularly when it comes to the turnaround of embattled state-owned companies like Eskom which are dragging GDP growth down.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين