Platinum Group partners with Saudi firm for smelter amid South African export hurdles
The partnership with Ajlan & Bros, an investment holding company with more than $15 billion in assets under management, includes a $4 million feasibility study split 50:50.
6 Comments
youdontneedmyname
*bigger THAN you think. The word “then” implies a point in time, while “than” is used for comparisons.
vagrantius
Try to compare with Russia … 🙂
Matt
Hobbled by poverty, poor governance and now ebola. They cannot seem to translate oil and mineral wealth to a middle class.
Mark Harder
It’s not enough to exploit a wealth of natural resources. Without value-added, a resource exporting society just can’t seem to make it. I’m not sure why. I suppose there’s a lot of reasons. The corruption and violent competition that follows in most cases must be one of them. Capital generated from the resource industry gets sucked up by the few who have little inclination to invest it in infrastructure and industry (The Persian Gulf states come to mind.)
Guerst2365
I see a false dichotomy here – Africa is a continent and it is being compared to countries…
FirecloudOFGOD
Hello, I thought I should bring to your awareness, as if you are not already aware, the fact that Africa has been maltreated continually; colonization, enslavement and neo-colonization, over the years. The fact is that today, major news agencies speak of Africa as if it is a country! How many of those CNN pictures of starving and cachectic babies, or mutilated African bodies have you seen on TV recently? Probably so desensitized that we have stopped counting!
Did you see any 911 bodies shown graphically on Western controlled TV’s? Why this double standard? Is this part subterranean approach? Could this be part of a grand plan: physical (geographically), psychological, economic and emotional, to kill the spirit of the black race?
When missionaries speak of going to Africa, or in the display of pictures of poverty in Africa when soliciting for fund, are they plainly ignorant or recruited inadvertently, into and buying into this whole mindset of ‘I feel blessed compared to these Africans’? Are they plainly naive? Have we Africans come to swallow this inadvertently as well? Have we clearly also told or corrected any one when you are asked, are you from Africa? The right question would be ‘what part of Africa are you from? Many of you are already aware of this inequity in the treatment and handling of everything African, how many of our leaders know this? My wife, Aisha, has spent over the last 10 years educating westerners that Africa is not a country! The picture below is more than a million words to buttress her point!
We talk glibly about renaissance of Africa, telling the world Africa is a continent; that Africa has been the centre of world civilization for centuries should be part of this. Let the education of the world start from you and me! Let the world know the role of Africa has been degraded and relegated to one where when the world hears of “Africa”, the emotion that comes up is a deep welling of pity and sorrow! Africa will continue to play a role that no amount of negative propaganda will take away. If past wealth will count, Musa Kanka Musa’s wealth is unmatched till today! http://www.africanoutlookonline.com/index.php?option=com_content&view=article&id=5191:mansa-musa-of-mali-named-worlds-richest-man-of-all-time&catid=99:outlookscroller
Take a stand for Africa today! Tell the world about what is good in your own part of the world; the people, family, love and community relationship that exists there. Africa is not all about disease, ignorance, poverty, corruption, war, squalor, poor governance, human trading! We are the creation of God! We deserve more!