Mr Bheki Sibiya, Chief executive of the Chamber of Mines of South Africa said that he has noted with pleasure South Africa’s overall improvement as a mining destination in the influential Fraser Institute survey. The Fraser Institute surveys the views of the executives of mining companies with regard to the attractiveness of mining policies being implemented in various mining investment destinations in the world.
Mr Sibiya said the views of the executives of mining companies are very important in measuring a country’s relative attractiveness as a mining investment destination as these executives have global perspectives on policy issues affecting mining.
“We are therefore pleased by South Africa’s improvement as a mining destination from last year’s 67th ranking out of 79 jurisdictions to 54th out of this year’s 93 jurisdictions. We see this as a reflection of the sterling work done by the Minister of Mineral Resources.