This year capital and exploration spending at BHP will be $13 billion less than in 2013, leaving the world's largest miner with a single greenfield project.
Given that ousted minister Ramatlhodi is considered the main person that helped end a five-month strike in the country’s platinum sector last year, Zuma's decision is being questioned.
World's largest automaker would actually need to buy more platinum to scrub emissions, but for now investors believe the scandal will hurt the whole sector.
The World Coal Association (WCA) has called on participants at Climate Week to recognise the role of all low emission technologies in reducing global CO2 emissions.
Development of the mine, halted by politics and weak government institutions, reflects the resource curse as Mongolia’s Parliament failed to transfer ownership of the coal mine.