Thursday, 25th November 2004 (3157 views)

The mining community in South Africa has invited Indian investment in the country's mining sector, according to deepikaglobal.

Speaking at the 'International Conference on Mining Technology', the director general of the Department of Mineral and Energy, Republic of South Africa, Mr S Nogxima, called for joint ventures between India and South Africa.

The conference formed part of the Indian Mining Summit 2004 and also recommended that knowledge sharing would take place and projects for joint operation should be looked into.

Mr Nogxima explained that the country is presenting exporting minerals to 97 countries and celebrating its ten years of democracy, had seen a substantial growth in the mining sector.

The country had just 87 mines in 1994, but now this amount has now increased considerably and includes 66 gold mines.

 

« Back to Gold News stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.