South African mining has ‘small window of opportunity to fix itself’, says panel

The South African mining industry has "a small window of opportunity to fix itself and move forward" which demands that mining companies sort out their balance sheets and recognise that there is a level of profitability within the industry, PwC South Africa partner Andries Rossouw told delegates at the Joburg Indaba, on Thursday. The mining industry would, however, have to focus on technology and innovation, both in-house and downstream.