President of the Minerals Council South Africa Paul Dunne has argued that the high cost of electricity is eroding the competitive advantage of the local mining industry.
He says deregulating the electricity grid to allow for the participation of more grid suppliers will help to cut the cost of energy.
Addressing delegates at the Joburg Mining Indaba in Sandton, Dunne also emphasized the importance of a stable and enabling regulatory, policy and labour environment to encourage investment in the mining industry.
