Nov. Deadline Set for S. Africa's Minerals Beneficiation Framework
Source: Mining Weekly, Terence Creamer (8/30/11)
"The aim was to help diversify the South African economy away from traditional commodities and nontradable services."
South Africa would finalize its consultations with stakeholders on a new minerals beneficiation framework, which was recently approved by Cabinet, by November, Advocate Sandile Nogxina, currently a special adviser to Minerals Development Minister Susan Shabangu, told mining investors in Australia this week.
The aim was to help diversify the South African economy away from traditional commodities and nontradable services, as well as to move beyond current capital-intensive beneficiation practices. "Not only will this increase economic activity down the value chain, but it will also increase economic activity within input sectors to the value chain," Nogxina averred. . .View Full Article