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Poor mining's rating for South Africa


 A survey has revealed that uncertainty about South Africa's mining policies is hurting the country's image and ranking as a mining investment destination.

In the survey, which was conducted by the Canada-based Fraser Institute, South Africa scored lower than last year in terms of its policy and mineral potential.

It was placed 53rd, behind Zambia, Namibia, Burkina Faso and Niger, but higher than Zimbabwe and the Democratic Republic of Congo.

More than 700 mining executives took part in the survey, which was conducted between October and January.

Botswana remained the highest-ranked African country in the survey, placing 17th in the world.