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If you take gold, SA production in fact began falling in 1970. From the 1,000 ton a year production peak in 1970, it fell to below 700 tons by 1980, during the price boom that had begun in 1973. SA gold production was around 400 tons at the beginning of the commodities boom in the early 2000s and less than 200 tons by 2010, by the time the boom had ended. I am happy to say that many of the very deep level resources that might otherwise will remain unmined could well be turned to account thanks to the intensive research & development work the Chamber and its members are doing on new mining methods. That said, the declines in output were not a consequence of regulatory issues. It was a consequence of the maturity of the sector. Transformation is happening in many spheres, even if not as rapidly as many would hope. We have done a lot. But we can do much more. But we need to do so in ways that do not damage or destroy the industry’s future capacity to create value for all. That is why a sensible outcome to the current Mining Charter talks is so important.