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South Africa can only achieve 5% of global exploration spend if we cut the red tape – Smart

South Africa can achieve 5% of global exploration spend if government were to “cut the red tape” that is hurting the mining and exploration industry more than it is helping it, diversified metals explorer Orion Minerals CEO Errol Smart told delegates at the Junior Indaba this week. “The bureaucracy that’s been killing us for the last 20 years and squeezing the life out of our industry has to be consigned to the museum and to the archives,” he said, emphasising that this change had to happen now, not later, as the situation had become so dire that there was no more time for debate.

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