Mining in South Africa: a mature industry?
The paper examines the mining industry of South Africa from 1994 to the present, by reference to the legislative reforms and also the continuing contribution of mining to the economy of South Africa; with a focus on the case of gold. This is all affected by the push for 'sustainable development' (1987). In the past mining companies provided ...
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The Dystopian Underworld of South Africa's Illegal Gold Mines
A few years ago, a mining company was considering reopening an old mine shaft in Welkom, a city in South Africa's interior. Welkom was once the center of the world's richest goldfields.
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History of mining in South Africa
This trend would characterise later generations of South African mining. Coal mining continued to expand until the turn of the 20th century, with deposits at Vereeniging and Witbank exploited from 1879 and 1895, respectively fuelling the region's growing industries. In the 1860s, two notable diamonds were unearthed; The 21-carat …
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MINING IN SOUTH AFRICA: THE CHALLENGES AND …
First net loss -$27bn (2014: $50bn profit). Gearing increased to 46% (2014: 38%). Miners have impaired 32% of capex 2010-15. Market capitalization fell to $494bn (end 2014: $791bn) – back to pre-GFC levels. Mining companies are focused on cost cutting, productivity improvement, capital discipline and adjustment.
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Coal mining and environmental sustainability in South Africa…
This study investigates the effects of coal mining on environmental sustainability in South Africa in relation to the moderating role of institutions. To achieve the study's objectives, the fully modified least square (FMOLS), dynamic least squares (DOLS), canonical cointegrating regression (CCR), Bayer-Hanck cointegration and Toda …
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Reflections on the quality of mining EIA reports in South Africa
For instance, a 2008 study conducted in South Africa on the quality of EIARs in the mining industry indicated that 85% out of the 20 reports assessed were of a satisfactory quality, and generally ...
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The Economic and Environmental Effects of Coal Mining: South Africa
According to the estimation, the economically. recoverable coal reserves in South Africa are between 15 and 55 billion tonnes, which means the. existing productive coal mines can be mined from 15 ...
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The future of mining in South Africa
With ongoing power challenges in South Africa, and with the aim to greenify mining, solar power is something many mines, such as Gold Fields, are turning to in order to improve …
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A breakdown of mining in South Africa
Mining in South Africa has for decades been considered a flywheel of the South African economy, and it remains a major contributor to the economy today. In 2023 it …
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The role of mining in the South African …
The mining industry of South Africa is one of the oldest and has been, for many years, the major contributor to the gross domestic product (GDP) and creation of employment in the country [1, 2 ...
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Mining in South Africa: Employment threats, logistical …
December 1, 2023. Mining in South Africa, a cornerstone of its economy, confronts a dire situation as falling platinum prices and logistical woes threaten job security. Government interventions and corporate strategies are under the spotlight as the sector grapples with these challenges amidst a turbulent global economic landscape.
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Latest News|MiningWeekly
MINING ECONOMY. Minerals Council welcomes small input cost decrease for the mining sector in May. 4th July 2024 By: Marleny Arnoldi. Industry body the Minerals Council South Africa says mining ...
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Investing in South Africa's Mining and Mineral …
> 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 …
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South Africa's Miners Addressing Climate Change Challenges …
South African mining is facing increased pressure to address its environmental impact and carbon footprint, with roughly ZAR 264 billion annually in mining sales at risk from …
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Communities, mining corporations and corruption in South Africa
Mining companies were strong arming government on how mining developments in the sector should happen. The research found that corruption, poor governance and lax compliance were rife in ...
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Mining in SA
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 mining sector has up to nine indirect dependants. The mining sector has, for many years, attracted valuable foreign direct investment to South Africa.
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Mining industry in South Africa
South Africa is incredibly rich in natural resources, with large reserves of some of the most valuable minerals on the planet found below its surface. Industrial scale mining in South...
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Digitalizing Africa's mines | Brookings
Digitalizing Africa's mines. This article was originally published by Project Syndicate. Mineral resources are a critical source of revenue for Africa. In 2019, minerals and fossil fuels ...
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Community Perceptions on Environmental and …
The Bokoni platinum mine is one of the many mines in South Africa and has been in operation . since 1963. The mine is situated about 80 km southeast of Polokwane City in Limpopo Province .
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Mining modernisation to benefit junior miners, exploration in South Africa
The development and applications of technologies and techniques in mining to make it safer, more productive and more efficient are benefiting junior miners and adding tools and capabilities to ...
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Minerals and Mining in South Africa | SpringerLink
This chapter provides a historical perspective on minerals and mining mainly in South Africa, although it does occasionally stray across the borders into neighbouring countries.
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South African Mining 2024 Outlook: Navigating …
Explore the challenges facing South African mining in 2024. CEO Warren Beech discusses infrastructure issues, ESG, and future trends in the industry.
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Physical hazards of abandoned mines: A review of cases from South Africa
South Africa has 6100 abandoned mines of which 2322 of them are classified as high-risk mines found in areas of historic asbestos, gold, coal, and copper mining in the country ( AGSA, 2022 ). Members of the public (especially those of the host communities) are exposed to the physical hazards and risks of abandoned mines in …
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Theta secures all approvals to start mining in South Africa
ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa 's Mpumalanga province. "I am ...
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Developing an integrated model for quelling illegal mining in South Africa
The article concludes that an integrated model needs to be put in place in order to quell illegal mining in South Africa. The article recommends that the resources need to be pulled together and ...
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A breakdown of mining in South Africa
Mining in South Africa has for decades been considered a flywheel of the South African economy, and it remains a major contributor to the economy today. In 2023 it contributed 6.2% to the country's GDP. In the four main mining provinces, the North West Province, Limpopo, Mpumalanga and the Northern Cape, mining was the largest …
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Introduction to Mining in Africa | SpringerLink
The situation is similar in countries such as Namibia and South Africa . Footnote 6 However, for other African countries such as the Democratic Republic of Congo (DRC), Malawi, South Sudan—the potential of the mining industry to effectively contribute to the economic development has not been realized due to various issues including lack …
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Sustainable social development in the South African mining …
1. INTRODUCTION. Mining communities in South Africa are unique in being mainly isolated, originally rural, with high illiteracy rates, and very dependent on the mining companies for their livelihood and development. In addition, they are often exposed to toxic environmental hazards from mine operation wastes.
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The plight of mining cities in South Africa: Planning for …
We assessed the pressure that mining has placed on 19 small mining cities in South Africa, referring to the boomtown literature, a set of dependencies identified by …
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THE OFFICIAL MINING IN AFRICA COUNTRY INVESTMENT GUIDE (MACIG) 2020
Mozambique. Angola. MACIG. January 29, 2020. The 2020 edition of the Mining in Africa Country Investment Guide (MACIG) marks the seventh year of partnership between Global Business Reports and the African Mining Indaba. The publication will be launched in February 2020 at the event in Cape Town before being …
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