Davies: SA mining situation unique
The Trade and Industry Minister urged miners to raise productivity in innovative ways.
CAPE TOWN - South African companies shouldn't compare themselves to mining firms in other countries, Trade and Industry Minister Rob Davies said on Tuesday.
He says South Africa's circumstances are too varied and unique.
The minister made the comments during discussions on South African mining and its future during a panel talk with labour unions and the Department of Mineral Resources.
Davies said local miners should raise productivity in innovative ways.
"I think that it is obviously of critical importance that we constantly raise productivity. It's not necessarily the same techniques and technologies all the time."
The minister is set to meet with his counterparts from the United Kingdom at the African Mining Indaba in Cape Town.
Junior miners and subsidiary businesses have been identified as having the biggest potential growth, according to analysts.