Junior miners face greater challenges in current economic climate

June 9, 2017

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The global economic slowdown has had a significant impact on the local junior mining industry, Wesizwe Platinum projects executive Jacob Mothomogolo says, noting that it has resulted in low demand, low recoveries, rising input costs and companies losing market share and value. Speaking at the Junior Mining Indaba, in Johannesburg, this week, he added that the local mining industry was faced with “huge and integrated complex” challenges, including “socioeconomic demands the miners were constantly faced with ever-rising wage increases and increasing regulatory reforms”.

Category: General