- The South African government is looking to revitalise its mining sector to help boost its economy in a post-COVID world
- President Cyril Ramaphosa has outlined a plan for the country to target three per cent of global exploration expenditure while making it easier for miners to secure necessary licenses
- This is part of South Africa's strategy to rebuild the country's mining sector back to its former glory
- However, this means ASX-listed Theta Gold Mines (TGM) is in a prime position to cash in from the new strategy
- The company is building up an open-pit mine near the town of Pilgrims Rest, which was the site of South Africa's very first gold rush back in 1873
- With mining revitalisation in South Africa complementing Theta's clear-cut strategy, the company is a juicy stock for the savvy gold investor looking for the next "big swing"
Read the full article on The Market Herald here: https://themarketherald.com.au/how-theta-gold-mines-asxtgm-will-benefit-from-south-africas-revamped-mining-sector-2020-09-25/
