PETER LEON: The ‘age of foolishness’ could be drawing to its close

This is a critical time for SA’s mining industry. SA’s precipitous decline in the Fraser Institute rankings, a flawed BEE policy driving populist pressures for mine nationalisation, coupled with the increased assertiveness of African Exploration do not, at first sight, paint a pretty picture. At the same time, the DMR’s introduction of a new mining cadastre system, the continuing audit of rights by the DMR and the prospect of significant amendments to the MPRDA this year may well presage a better future for the mining industry over the next year.

via www.businessday.co.za

Not like Peter Leon to be this positive - there must be substance to what he says.