Monday, June 11, 2007

S.Africa to be selective about mining investment

(Reuters) - South Africa wants to boost foreign mining investment, but not if it fails to help develop a country still suffering from huge inequality of wealth, the deputy president said on Monday.

Phumzile Mlambo-Ngcuka told a seminar on mining investment she was aware of a debate about the merits of sealing major deals with resource-hungry countries like China.


Read more at Reuters Africa

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