Mining production in South Africa slumped by 9% year-on-year in November of 2022, after an upwardly revised 11% drop in the previous month and worse than market forecasts of a 6.85% decline. This was the …
Dr Molefi Motuku, Mintek CEO, has urged entrepreneurs in the mining sector to consider the potential of critical minerals beneficiation to drive growth and job creation …
SA Mine 2022 Level up or reset South Africa's mining sector delivered a sterling performance in the past year, despite several local and global challenges. All stakeholders received much-welcomed value. Featured …
1 day agoThe energy crisis in South Africa has negatively affected the country's economy, especially its most industrialized industry – the mining sector. To ensure continued economic activity beyond the power grid, the government, power producers, and mining companies are working collectively to find sustainable solutions to address the …
Mining in South Australia South Australia (SA) exports many important commodities to the world including copper, uranium and zircon. The state is ranked as one of the most attractive regions globally for mining …
In the third of four detailed industry reports released this month, Stats SA takes a deep dive into the mining industry. The report, which covers the results of a census conducted in 2019, provides detailed statistics on mineral production, finances, employment, and exports and imports.
South Africa's renewable energy attractiveness. EY published its 2020 Renewable Energy Country Attractiveness Index (RECAI) in November last year. South Africa had slipped one place …
By their nature, mining activities are resource-intensive and often (particularly in South Africa) located in regions that are vulnerable to climate …
Jan 9, 2023 In 2022, platinum was the leading commodity in terms of share of revenue. Platinum accounted for 35 percent of the total share. Coal was in the second position with a share of 24...
Dr Molefi Motuku, Mintek CEO, has urged entrepreneurs in the mining sector to consider the potential of critical minerals beneficiation to drive growth and job creation in South Africa's mining industry. Speaking at the North West Mining & Energy Conference held at Sun City at the end of March 2023, Dr Motuku emphasised the need to dispel the …
Mining production in South Africa sank by 5% year-on-year in February 2023, following an upwardly revised 2.7% decline in the prior month and defying market estimates of a 1.75% rise. This was the 13th consecutive month of contraction in mining activity, amid the adverse impact of prolonged load-shedding imposed by troubled utility Eskom. The …
The development of many Southern African countries is inextricably linked to the mining sector. For example, South Africa's Johannesburg-Pretoria metropolitan area, a regional economic and financial hub, developed because of …
The South African mining industry is world-famous. While it holds some of the world's richest resources more than a century after its establishment, the industry carries the legacy of contributing to and being sustained by institutionalised racial oppression in the pre-democratic era.
An illegal artisanal gold mining industry takes root. South Africa's Witwatersrand goldfields have produced over 30% of all the gold ever mined. But in recent decades, large-scale gold mining ...
100 000 mining jobs on the line in SA's energy transition By Staff Writer Johannesburg, 17 Apr 2023 Read time 3min 30sec Barbara Creecy, minister of forestry, fisheries and the environment.
1 day agoThe energy crisis in South Africa has negatively affected the country's economy, especially its most industrialized industry – the mining sector. To ensure continued …
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Mining in South Africa: Industry challenges in 2020 By Guest Contributor Apr 4, 2020 The mining industry in South Africa is complex and extensively governed by legislation and controlled by regulation, yet still, there are several issues likely to raise challenges in 2020.
Mining industry revenue in South Africa in 2021 and 2022, by mineral commodity (in billion rand) Premium Statistic South Africa's mining industry total assets 2013-2022
Gold. mining. Prospectors established in 1886 the existence of a belt of gold-bearing reefs 40 miles (60 km) wide centred on present-day Johannesburg. The rapid growth of the gold-mining industry intensified processes started by the diamond boom: immigration, urbanization, capital investment, and labour migrancy.
South Africa, together with Minerals Council South Africa (MCSA), is pleased to share its second publication on The state of digital transformation in the South African …
Illegal and unregulated artisanal gold mining on the Witwatersrand Basin, located south of South Africa's Gauteng province, is an increasing threat to community, industrial and state security....
Jan 9, 2023 In June 2022, Anglo American Platinum was South Africa's leading mining company in terms of market capitalization. The company had a market capitalization amounting to 378 billion...
Current and comprehensive mining and industrial, market data and investing news in South Africa.
In 2018 the mining sector contributed R351 billion to the South African gross domestic product (GDP) A total of 456,438 people were employed in the mining sector in 2018. Each person employed in the …
South Africa's mining industry is the fifth largest globally in terms of gross domestic product (GDP). The mining sector contributed R356bn or 7.3% to South Africa's GDP and accounted for 25% of the country's total export …
10 insights into how digital transformation is impacting the mining industry in South Africa. 1. The CEO drives the digital agenda. As part of the research, PwC and the Minerals Council surveyed 23 executives across 19 Minerals Council members. A large portion of survey respondents (47%) stated that the CEO was the primary driver of digital ...
The South African mining industry employed 514 859 individuals in 2019. If the mining sector is represented by a group of 100 workers, 39 are employed in the platinum group metals sector, 21 in the coal sector and 20 in the gold sector. The iron ore sector is a much smaller recruiter, employing 5 of every 100 employees.
However, mining activity experienced several challenges in the first half of 2022, resulting in mining output falling by 7% y-o-y in the first six months of the year. These challenges included labour strikes, higher-than-usual rainfall, and disruption to global supply chains. In June 2022, mining production was at around 11% below the ...