South African Mining- A Time To Invest?

Investors and mining companies in the U. S. have recently shown increased interest in the Union of South Africa. This has been sparked partially by the founding in the U. S. of a large investment trust which will hold substantial shares in many of the leading gold and uranium producers. The average U. S, mining man's judgment of the Union, however, may be somewhat clouded by recent headline news. We are inclined to take a strong dislike to the stern measures of the present Union government with regard to its native majority. Others possibly think of South Africa in krms of a British colony which, under pressure of rising African nationalism, must eventually be abandoned. These concepts frequently suffer for lack of precise information.