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Commodities slump might give South Africa ‘breathing space’ to prepare for next uptick

It has generally been acknowledged among industry insiders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed in recent years, despite market challenges and the continued commodity slump impacting on the global mining industry. Moreover, South Africa – once considered the darling of mining in Africa and a gateway to the continent by investors – has been scapegoated as one of Africa’s primary underachievers.