In recent times South Africa's mining industry has been
subject to much uncertainty which contributed towards the fall in
share prices, decrease in offshore investor confidence and which
also gave rise to a weaker Rand. Much of the uncertainty can be
ascribed to the numerous strikes within the various mining
industries. Late leader of the Civil Rights movement and American
politician, Barbara Jordan, once said "for all of its
uncertainty, we cannot flee the future." With this in
mind South African mining companies are, even with all the
uncertainty in the market, adapting to the future by making
calculated decisions with regard to their strategic mining
assets.
What can be seen is a trend towards larger South African mining
companies divesting of their South African mining assets as well as
smaller South African mining companies merging their respective
South African mining assets. A number of these mergers further
occur in order to comply with South Africa's Black
