RMB sees moderate growth in SA mining

Improved mineral prices supportive for SA miners.

A prolonged period of low commodity prices and low demand amid the global economic slump has taken a toll on South Africa’s mining sector. RMB expects growth in the sector, albeit off a very low base, in 2017 largely due to improving mineral prices and sustained demand from economic powerhouse China.

In this video, Simon Woodward, sector director for resources at RMB answers the following questions: 

  • The mining industry has weathered an incredibly tough couple of years. What was sentiment like at the 2017 Mining Indaba
  • What is behind this improvement in sentiment?
  • To what extent are hopes of improved demand from China adding to the more positive outlook?
  • What other commodities – mined in South Africa – are expected to fare better this year?
  • The South African mining industry has been said to be under water, with abysmal production numbers recorded in 2016. Is this likely to change in 2017?
  • Does RMB foresee any challenges that might affect growth?
  • Have you, perhaps, put in more stringent measures when it comes to evaluating potential opportunities?
  • Boom or bust: what will be different this time? 

This video was produced by Moneyweb and sponsored by RMB.

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