The AMCU strike at three of South Africa’s top platinum producers is likely to dominate the debate at the Mining Indaba from 3 to 6 February in Cape Town.
Underdeveloped infrastructure and infrastructure spending deficit remains a major obstacle to growth for Africa and this could not be truer than for the mining sector plagued by insufficient pit-to-port infrastructure.
Improved dialogue and effective implementation of the national infrastructure development plan could position South Africa’s mining sector to capitalise on the next growth super cycle, say stakeholders
As stakeholders sit down to resolve the current impasse among platinum producers, workers and the Association of Mineworkers and Construction Union (AMCU), KPMG on Monday reiterated the need for improved dialogue.
As mining companies attempt to manage their asset life cycle in this new landscape, their three main strategic priorities are growth, performance and compliance.
Over the past four years, KPMG firms have successfully emerged as a leading force in mid cap M&A, having built up a significant network of local M&A teams and investment banking professionals, hired from major investment banks around the world.
Disappointing returns over the previous commodity supercycle have resulted in declining investor confidence in the global mining industry, subsequently reducing capital inflows and negatively impacting on the African mining industry, professional services firm KPMG global head of mining Wayne Jansen tells Mining Weekly.