According to a 2015 report by the global minerals industry advisory firm, Behre Dolbear, South Africa ranks as the 13th most attractive mining investment destination.
“South Africa is proving challenging for investors as infrastructure constraints grow amidst increasing political uncertainty,” says the report.
Behre Dolbear told Sub-Saharan Africa newspaper, the Southern Times, that there was a positive correlation between the growth of a nation’s wealth and the prosperity of its mining industry, highlighting that “a sustainable minerals industry requires a substantial amount of ongoing, as well as new, capital investment”.
The newspaper points out that the ranking is based on seven criteria, namely political and economic systems, currency stability, social licence issues, permitting process, competitive taxation policies and corruption levels.
