Getting the best out of South Africa’s mining sector starts with policy certainty, said Gold Fields CEO Nick Holland on Thursday.

Following the Johannesburg- and New York-listed company’s presentation of outstanding half-year results in spite of Covid, Holland said this in response to Mining Weekly on the issue of South Africa’s shrunken gold-mining sector and the steps that need to be taken to regrow it. (Also watch attached Creamer Media video.)

“We’ve heard that the appeal to the once-empowered-always-empowered case has been removed. Hopefully, that’s positive. But at the same time, there is still this overhanging issue on the new Charter, which proposes that renewals and replacements are not covered, and I think companies are worried about that, and about having to go and redo deals they’ve done in good faith. So, I think we need to sort that out," said Holland, who will be retiring in 2021.

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