Mining's share of JSE market cap drops, AngloGold, De Beers form marine JV, laws and investment in SA mining

摘要

SOUTH AFRICAN mining's position on the Johannesburg bourse is declining. Whereas the mining sector accounted for 35% of the JSE's market capitalisation two years ago, it now accounts for only 29%, says Chamber of Mines chief economist Roger Baxter. Read on page 16 of this edition of Mining Weekly that the mining industry continues to have tremendous potential, but is not firing on all cylinders. It could be generating far more in foreign exchange if good logistics and mild encouragement were the order of the day. In not doing so, South Africa's citizens lose out on employment and income.