Govt banking on policy certainty to revive mining industry

South Africa's government is banking on recent reforms and policy certainty to revive the mining industry after production  fell by 1.7% in the first eight months of 2018 compared with an increase of 4.5% in the same period last year, Finance Minister Tito Mboweni said on Wednesday. In his maiden medium-term budget policy statement to parliament, Mboweni said lower gold production had contributed most to this decline, while copper and nickel production had also decreased.