Minerals Council says new exploration strategy could help mining recover from Covid-19 hit

Minerals Council South Africa is calling for the urgent development of a comprehensive and competitive greenfield exploration strategy, arguing that a far higher level of exploration is required to help stimulate higher levels of mining investment and job creation and to support the country’s recovery from the Covid-19 pandemic. Output in the sector is expected to fall by between 15% and 25% in 2020 as a result of the pandemic, which also threatens to further accelerate job and output losses across the industry.