nationalization in South Africa could do to the global mining industry: the loss of the reserve base, in particular for PGMs, would cripple the market, sending metal prices

The Pros and Cons of South Africa Nationalizing Its Mines To Nationalize or Not? The Pros and Cons of South Africa Nationalizing Its Mines. ... leading to a diversification of foreign investments and South African assets. If nationalization follows the same path as Namibia and Botswanna with little decrease to foreign investment in mining, the ...

OpInIOn | Nationalisation of mines A NECESSARY STEP TOWARDS ECONOMIC LIBERATION Chris Malikane The mining sector has experienced phenomenal growth over ... of the calls for nationalisation. The history of South Africa is the history of wholesale dispossession, the perfection of …

Mine nationalisation will be disastrous for South Africa's economy. ... (ANCYL's) proposal for the nationalisation of mines, due to be discussed at the ANC's national general council, at the ...

Why nationalisation won't work Sep 28 2012 16:14. Related Articles ... He refers to an opinion piece - Nationalization and Mining: ... saying it is most relevant because "whilst the debate around nationalisation of the mining sector in South Africa is not front and centre of the conversation, ...

Poll: Is South Africa's State Mining Company the start of Nationalization? Last year, South Africa's ANCYL leader, Julius Malema started making a lot of noise about nationalization, and specifically, the nationalization of the mines, a major source of revenue for the country, and the possible establishment of a state mining company.

NATIONALISATION OF THE mining industry is now to be part of South Africa's ruling ANC party's conference agenda in September. President of the African National Congress Youth League (ANCYL) Julius Malema has succeeded in making mine nationalisation a part of the agenda, bringing nationalisation of mines closer to reality.

Julius Malema told what the impact of nationalisation of mines in South Africa will be from a rhino that escaped poachers. Will he listen- we can only hope!

Nationalisation of the Mines: Comment, The South … Read "Nationalisation of the Mines: Comment, The South African Journal of Economics" on DeepDyve, the largest online rental service for …

Julius Malema, the controversial former leader of the Youth League of South Africa's ruling African National Congress (ANC) party, has long declared that the country's key mining industry ...

The Gold Mining Industry in South Africa Essay; ... Nationalisation of Mines in South Africa 3122 Words | 13 Pages. Economy: Nationalising South Africa's Mining Sector Kopano Seopela 608S2360 Luyanda Period 3 (09.25) SA Economy: Nationalising South Africa's Mining Sector Economics 314 30 September 2011 Abstract The purpose of the essay sets ...

South Africa's ANC vetoes plan to nationalize mining. ... South Africa's ANC vetoes plan to nationalize mining. ... and the continuing talk of nationalization. Many Canadian mining …

Nationalisation is bad for consumers, workers, the poor and democracy ... Nationalisation occurs when property is transferred to government . ... "From South Africa to South Korea, Chile to the ...

It appears for now that the movers and shakers in South Africa's mining sector are not overly concerned by the agitation by some wearers of the ruling party to nationalize the industry.

in mining investment. It has occurred in producer countries and consumer countries. When discussing the taking back of ownership, the academics would describe expropriation at ... nationalisation. In South Africa there are difficult commodity sectors. The …

Analysis: What would happen to SA if mines were nationalised? ... (keep in mind that a lot of South Africa's unemployment problem has to do with the fact that a huge chunk of people are just not ...

Mining and minerals in South Africa. 16 Aug 2012. ... despite the government and the ruling African National Congress repeatedly stating that nationalisation of mines is not policy. The party's Youth League and other groups have called for mines to be nationalised, and there are ongoing debates about licences, royalties and ownership. ...

South Africa's ruling African National Congress party may drive further state participation in the mining sector and in the ownership of land, but has shied away from talk of nationalisation at ...

Environment and sustainability Calls for nationalisation of mines as more job losses loom at Impala

Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or assets owned by lower levels of government, ...

Every month mines lose more and more money, but the guys on the ground do nothing to stop the bleeding. All they do is shout out for more benefits and higher wages without doing anything to …

from nationalisation to privatisation in south africa Nationalisation of the mines, banks and monopoly industries is the policy of the ANC and a change …

Nationalisation of our mines will increase mineworkers` safety and protection of mineworkers` rights as the state will set this as a top priority whereas privately owned companies are profit-driven and pay less attention to these matters. ... Nationalisation in South Africa will benefit the majority of South Africans. ... #EFF Why SA needs ...

South Africa is currently engaged in a heated debate on whether to nationalize the country's mines, the outcome of which will greatly ...

South Africa Says No To Nationalizing of Mines Mineral Resources Minister Susan Shabangu says the nationalization of the country's mines will not be in keeping with government policy.

THE PROPOSED NATIONALIZATION OF MINES IN . 1 Province of KwaZulu-Natal Provincial Treasury IGR Unit THE PROPOSED NATIONALIZATION OF MINES IN SOUTH AFRICA – A .

Nationalisation in South Africa: Which Way are We Going? By Glenn Ashton · 10 Aug 2010 A + A = A- ... On the other hand the nationalisation of copper mines in Chile has evidently had benefits for both workers and fiscus, in what is essentially a soft form of nationalisation - a form of sweetheart public-private partnership - which was set in ...

South Africa: Ups and downs in mining. South Africa Industry Economic News. ... Simpiwe Tshabalala, the chief executive of Standard Bank, fears that the nationalisation debate will harm South Africa's growth and job creation prospects. "If the nationalisation debate grinds on for many more months, there will be fewer new businesses, fewer ...

Businessweek quotes a confidential report prepared for South Africa's mining CEOs as saying South Africa's ruling party is closer to some form of nationalization than at any other time since the ...

The purpose of the essay sets out to look at the concept of nationalisation, research it and discuss whether it is an applicable strategy to implement into South African policy. The importance of the essay is to highlight the future economic outcomes which could incur in South Africa should it be ...

South Africa Lonmin mine massacre puts nationalisation back on agenda Mining the world's richest platinum deposits means misery, death, poverty, …

Conclusions drawn from this essay is that nationalisation is a concept which it's costs exceed the benefits and with South Africa's current capabilities, it is not ideal to implement – however a partnership with mining companies and the State could alleviate some of the problems South Africa has.