South Africa Sets $900 Million Annual Mineral Exploration Target.

The target, equivalent to 5% of the annual spend on exploration globally, is expected to kick start a mining industry, that while among the world's biggest, has stagnated in recent years. (Bloomberg) -- South Africa, home to the world's biggest deposits of a number of minerals, has set an annual target of attracting $900 million of mining exploration expenditure annually by 2025. [Extracted from the article]

Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)