Accountancy SA vom 01.03.2011, S. 10 / General Information
Leadership and Vision - in the mining industry
Africa is undoubtedly considered the most powerful source of natural resources in the world, and South Africa, today, produces nearly 90% of the world′s platinum metals. This is significant because, at the recent Mining lndaba held in Cape Town, Stephen Forrest, CEO of research house, SFA-Oxford, contended that underinvestment in the platinum industry as well as growing labourrelated agitation and increasing costs could spell disaster for the platinum supply deficit, which he says is "a ticking time bomb′.′ It is estimated that a total of 100 000 ounces of platinum was ′lost′ in South Africa last year owing mainly to ...
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