Mining on a 'knife edge' due to political strife says Sibanye CEO

The mining industry is at risk of collapse due to political unrest and labour instability which have negatively impacted investment into the country, the chief executive of the nation's biggest gold company said on Monday.Political ructions in Africa's most industrialised country including scandals surrounding President Jacob Zuma for his alleged connections to the wealthy Gupta family have caused concern among investors, putting credit ratings at risk.