Uncertainty, capital constraints holding South Africa’s junior miners back

A research report, commissioned by the Junior and Emerging Miners’ Desk of the Minerals Council South Africa, has found that junior miners, including small-scale and micro miners, hold up to 80% of the mining licences in South Africa. The research indicates that the Department of Mineral Resources and Energy has issued about 1 490 mining licences covering a variety of commodities, with only 20% of these allocated to major mining companies.