The value of M&A transactions in South Africa's mining sector in the 12 months to June 2024 was over $10 billion (according to PwC's annual SA mine report). To put it in context, that was more than the cumulative total of the five preceding years. Why is there robust deal activity when SA macroeconomic indicators is nothing to write home about? When delving into SA mining, production levels have not trended in the right direction. A more pertinent question at this stage - can the strong M&A...