South Africa's Nationalization of Mine's might Increase the Poverty within the Country

There is a good chance of South Africa nationalizing the nations mines, in particular, the platinum mines. The country is no longer top in gold production, but it still produces 80% of the world's platinum. PLatinum metals make up for the majority of SA's mineral Value.

PLatinum productions have been falling  since 2007, but this article explores a different issue. 17,000 workers have been dismissed from a company's mine, and a large amount of them are now illegally striking outside of the mine, and keeping the replacements from getting inside to work.  Strike violence has not only hospitalized 59 workers, but led to the death of another three. Many of the workers did not want to take part in the strike, and were beaten to the point of hospitalization. 

Organizations have been working to make the mines safer, but the deeper they go and the more they pay attention to safety, the more money is spent. So in a land of rich land and impoverished, much of the precious contents of the earth stay there, while the families above starve.

~Paul Ford

http://www.csmonitor.com/Business/Mises-Economics/2012/0305/Will-nationalizing-mines-make-South-African-poverty-worse