South Africa Mine Nationalization Is a ‘Concern’ for Investors
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Investors in South Africa’s mining industry should be concerned about potential nationalization of some areas, a special adviser to the Minister of Resources Susan Shabangu said.
“As long as the debate continues and as long as it is not clear what the ultimate outcome of this process is going to be, there will always be some concern,” Sandile Noxgina told reporters today at a conference in Perth, Australia. “I believe it is justified.”