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Mining industry flags policy, infrastructure risks to investment despite improved outlook
Cape Times
|March 20, 2026
SOUTH Africa's mining industry has warned that policy uncertainties, rising costs and infrastructure constraints continue to threaten investment and growth, signaling a willingness to work constructively with government on reforms and easing industry hold-backs.
Mining constitutes a key revenue and foreign currency earner for South Africa, especially with gold prices elevated and platinum group metals (PGM) prices holding fort. Other minerals produced in South Africa such as manganese, iron ore and coal are also critically in demand.
PGM miners, roiled by low prices in the past few years, had been forced to restructure, retrench and limit capital investment. However, currently favour-able prices and a rosy outlook for PGM has breathed fresh impetus for the sector although policy concerns are seen having an impact on further investment prospects for the sub-sector.
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