Godsell dismisses S. Africa mine nationalization idea


TORONTO, Nov 10 (Reuters) A senior South African business figure totally dismissed concerns about the nationalization of mines in South Africa on Thursday, soon after the country's ruling party suspended a key proponent of the idea.

Speaking following an event organized by the CanadaSouth Africa Chamber of Business, wellknown mining executive Bobby Godsell said the odds of the mines being nationalized were as remote as those of the Tea Party in the United States being able to abolish the U.S. Federal Reserve.

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