Reuters reports that Neal Froneman, CEO of Sibanye Gold, warned on Monday that SA’s mining industry was at risk of collapse due to political unrest and labour instability which have negatively impacted investment into the country.  

He was speaking on the sidelines of the Investing in African Mining seminar in London and said:  "Right now is the worst sentiment I've seen from an investment perspective.  It's just very clear, we sit on a knife edge as an industry - it could well collapse and that means it's unlikely that Africa's potential will be realised because resources will be sterilised."  In addition to labour instability, governance is one of the main issues plaguing investor confidence.

• Read this report in full at EWN

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