South Africa’s ANC Considers Strategic State Ownership for Platinum

Mining Weekly reported that South Africa’s leading political group, African National Congress (ANC) might identify platinum as a strategic national asset, which in turn, will necessitate state ownership in order to heighten its development potential.

As quoted in the market news:

The ANC clearly wants mining, as a key sector of the economy, to play a more pronounced ‘multiplier’ role, and to be the catalyst for growth in other sectors of the industrial economy,” says Mde, who is adamant that the party’s policy goals do not require direct State ownership of every mine in the country.

Click here to read the full Mining Weekly report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


There is no guide to gold that is more concise, clear and authoritative.

Download our FREE Special Report, Is Gold a Good Investment? Gold Price Forecast 2015

Leave a Reply