Abstract
As has been shown in previous chapters of this book, investments in Africa were, to a large extent, concentrated to mining. Hence, the overall return on investment was, to a large extent, determined by the development of this particular industry. African mines were not the only ones being developed during the period in question. Many investors might have taken a commodity perspective, rather than a regional perspective—that is, to invest in diamonds, gold or copper, regardless of their geographical location. This chapter therefore puts the South African mining industry in a global comparative perspective, comparing its performance to the performance of mining investments elsewhere in the world. The overall conclusion is that the return on investment in the African mines was, on average, higher than comparable mining investments elsewhere in the world.
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