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24 May 2013
 

 

Opinion expressed in these articles does not necessarily reflect that of the publisher.
 
 
   
 
 
 
 
 
 
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Who benefits from mining? - 1.8 MB
 

Although the tide of resource nationalism has risen globally, with countries from Africa to Australia, Brazil, Canada, Chile and India considering options to increase state interventions in the mining sector, nowhere is the debate as high-profile, emotionally charged, divisive and potentially damaging as in South Africa.

The country is admittedly sitting on a mineral treasure trove second to none: 52 commodities reside under its surface, including the world’s largest reserves of platinum, manganese, chrome, vanadium and gold, and major reserves of coal, iron ore, zirconium and titanium minerals – all at an estimated in-situ value of $2,5 trillion1. It is evident that the South African mining and minerals sector has immense value
generation potential.

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Written by Abrie Olivier
Mining Industry Leader, Deloitte
Email: aolivier@deloitte.co.za
Tel: +27 (0)82 874 6040

And Jacek Guzek
Associate Director, Deloitte
Email: jguzek@deloitte.co.za
Tel: +27 (0)82 940 6896

Edited by: Creamer Media Reporter
 
 
 
 
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