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"
Chech it out for yourself... and more by looking at the TGM article at the top of the TGM forum page which was dated 25 Sept 2020
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