News Formal

R100bn of mining investment is snarled up in red tape, says Minerals Council

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Sverige Nyheter Nyheter

Companies in the sector have R30bn of capital projects waiting for regulatory approvals and there are 4,500 outstanding mining and prospecting licences

SA could unlock almost R100bn of investment by the mining industry if it cleared the red tape holding back the new mining and renewable energy projects the industry has planned.

Baxter was briefing journalists in Cape Town on Monday morning at the start of the Investing in African Mining Indaba, the traditional annual gathering of the industry that is happening in person for the first time since February 2020 and was expected to attract more than 3,500 delegates, including heads of state and senior officials, along with foreign and local investors and mining company CEOs and executives.

Speaking at the event on Monday, Mantashe said that the authors interviewed executives in other jurisdictions such as North America and Australia, but conducted only a “desktop survey” of mining countries in Africa.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent elizabeth_anth guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet her now and also be a beneficiary of good work

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Auction of telecom spectrum a success of Operation Vulindelela: President Ramaphosa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa says work is progressing well to reform South Africa’s network industries to ensure the growth of the economy, create jobs and encourage investment. huh If Jacob Zuma is to be imprisoned for any reason, then Cyril should go 1st & above all. If everything in this country is at its worst, it stands to reason that it includes the presidency. Cyril, is objectively the most criminal, most dangerous & deceitful president of 🇿🇦 ever. Now his creating jobs 🤣🤣😂😂stupid president
Källa: SABCNews - 🏆 37. / 51 Läs mer »