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IDC calls for mine beneficiation

The IDC says South Africa is not fully benefiting from its natural resources.

A miner. Picture: AFP

JOHANNESBURG - The Industrial Development Corporation (IDC) on Wednesday said beneficiation by South African mines cannot be ignored.

The corporation earlier held a meeting with economists, mining companies, unions and government departments to discuss the issue.

South Africa is one of the best resourced mineral countries in the world, yet little or no beneficiation takes place in most mining sectors.

IDC research head Jorge Maia said, "It makes absolutely no sense for us to be sending out raw material with very little beneficiation.

"That is great job potential because we could be doing it in South Africa."