An Untapped Goldmine: Opportunities for South African Mining
Historically, the mining sector has contributed significantly to South Africa’s economic growth and employment, supported by a rich natural endowment of mineral resources, including Platinum Group Metals (PGMs), gold, iron ore, and manganese. Currently, the mining sector remains an important engine of South Africa’s economy, contributing ~8% of GDP and providing direct employment to roughly half a million people.
South Africa’s mining sector has the potential to continue to contribute to economic growth and job creation, but the industry will require large-scale investments and strategic partnerships to unlock the value-at-stake.
Read the report from our member BCG highlighting nine overarching challenges constraining the development of #SouthAfrica’s mining sector to its full potential.
Read the full article here.