Pretoria - Minister of Mineral Resources Adv. Ngoako Ramatlhodi has signed a Memorandum of Understanding (MoU) with Canada on cooperation in mining and mineral development on behalf of the South African government.
“The signing represents South Africa’s commitment to global partnerships in development and serves to further encourage more Canadian and South African companies operating throughout the mining and minerals value chain to deepen the special relationship we have established over the years and formalised today,” Minister Ramatlhodi said.
The Department of Mineral Resources said the MoU entailed cooperation between South Africa and Canada in encouraging increased reciprocal investment in exploration and prospecting activities, with a particular focus on the junior to mid-tier mining sector.
It further asserts intent on cooperation and collaboration in the areas of skills development, technical expertise and experience as well as value addition and beneficiation.
“[Canadian] Minister of International Trade Ed Fast and I affirmed the commitment of partnership between our governments when we signed this MoU,” Minister Ramatlhodi said.
The MoU was signed on the sidelines of the Prospectors and Developers Association of Canada conference. – SAnews.gov.za
