Asset management is averse to junior mining, and it's now a critical issue
Growth ambitions for South African mining have been frustrated by asset managers reluctance to invest in small companies.
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Growth ambitions for South African mining have been frustrated by asset managers reluctance to invest in small companies.
Is the sun rising or setting on the South African mining industry? It’s a frequently asked question, but mining sectors are built from exploration and ‘junior’ or small companies. And South Africa has a woeful pipeline on this front.
The Junior Indaba took place from 01 – 02 June 2022. During the event, junior miners engaged on challenges and opportunities for exploration and junior mining companies in South Africa and elsewhere in Africa. Minerals Council South Africa (MCSA) CEO Roger Baxter delivered the keynote address. ...
Price hotness is pervading the commodities market, CRU senior analyst Clare Hanna said on Tuesday, when she addressed the second and final day of the Junior Indaba. Speaking on ‘what’s hot and what’s not’, Hanna said almost all commodities were at the higher-than-15% level. (Also watch attached Creamer Media video.)
The tender to replace the dysfunctional Samrad system with a cadastre that will presumably shine the light of transparency on the awarding of mining rights in South Africa will be launched next week, the Junior (mining) Indaba heard on Tuesday. And not a moment too soon, as the lack of transparency and trust is a major deterrent to investment. Thabo Mokoena, the director-general of the Department of Mineral Resources and Energy (DMRE), made the announcement during the virtual Junior Indaba. The DMRE has come under withering criticism for the backlog of applications for mining and prospectin...