Greed is the Real Threat to South Africa’s Mining Future
While the public is treated to displays of economic patriotism and talk of investor confidence, a much darker truth lies buried beneath South Africa’s mineral wealth, one more corrosive than acid mine drainage or declining commodity prices. It is a truth masked by three-course dinners, glossy stakeholder reports, and an unholy alliance between corporate mining giants and political elites. That truth is greed . Greed is not just a moral failing; it is the most significant and immediate risk facing South Africa’s mining sector today. The Elite Consensus: Feeding at the Table While the Country Starves In the past weeks, we’ve seen an almost farcical performance play out. At the very moment when mining-affected communities are calling for justice, transparency, and accountability, the Minerals Council of South Africa, with the full support of the Department of Mineral and Petroleum Resources (DMPR), hosts a high-profile dinner in Cape Town, inviting selected stakeholders to wine and di...