Growth of the mining industry and the transformation of the economy are inextricably intertwined but need a stable, predictable regulatory environment that promotes both together, Minerals Council South Africa president Paul Dunne told the Joburg Indaba audience on Wednesday. A mining industry that attracts local and international capital for the development of new mines and the expansion of existing operations would, he said, create more employment opportunities, attract new entrants, and multiply all the benefits that the mining industry delivers for the country.