South Africa Scraps Black Ownership Rule in Minerals Exploration, Opening Door to US Firms

Some analysts see Pretoria’s unexpected move with regard to local black ownership in the minerals exploration sector as a win for the United States. Some of the thousands of platinum mineworkers report for work at Lonmin, Anglo American Platinum mine in Marikana, South Africa, on June 25, 2014, following the resolution of the five-month strike in the sector. Some of the thousands of platinum mineworkers report for work at Lonmin, Anglo American Platinum mine in Marikana, South Africa, on June 25, 2014, following the resolution of the five-month strike in...