mining industry challenges in south africa

Tough choices facing the South African mining industry

TOUGH CHOICES FACING THE SOUTH AFRICAN MINING INDUSTRY 197 Introduction Mining companies in South Africa face significant challenges, putting the industry at a crossroads. Local mining companies manage unique South African operational complexities while still operating in the context of global pressures. Monitor Deloitte has identified five


Mining Weekly - Mantashe highlights challenges facing ...

Jan 18, 2019· Mantashe highlights challenges facing South Africa's mining sector. ... Mantashe worked for 30 years in the mining industry as a mineworker and then as …


Putting the shine back into South African mining

Last but not least, the internal challenges faced by South Africa's mining industry are compounded by a flat global growth outlook for the country's main commodities. For the period to 2030, the revenue pool outlook is flat for commodities that make up more than 60 percent of South Africa's mining revenue.


Mining in South Africa: Industry challenges in 2020

Apr 06, 2020· MINING REVIEW / 04 APRIL 2020 - 13.21 / LILI NUPEN - NUPEN STAUDE DE VRIES 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. These include proposed amendments to the regulations published in terms of the Mineral and Petroleum Resources …


The mining industry after Marikana - NEWS & ANALYSIS ...

South Africa's mining industry since Marikana has faced a number of serious challenges. The Fraser Institute's annual survey of mining companies for 2012/2013 (the "Survey") listed South Africa 64th out of the 96 mining jurisdictions ranked (in other words in the bottom third), and eighth of 16 African mining jurisdictions included in the survey.


Opportunities and challenges facing the South African ...

Roger Baxter. Chamber of Mines. Presentation at the South African Colliery Engineers' Association at their 2011 Annual General Meeting dealing with the current opportunities and challenges facing the South African mining Industry. South Africa. Mining. Creating alternatives. Finance. Presentation. English. Looks at the challenges facing the South African mining industry, focusing on mining and ...


Mining industry challenges and ... - South Africa

Aug 20, 2014· There was also an abundance of available skilled and unskilled labour. He concluded that the mining industry was a microcosm of the South African society, and if we find solutions to the mining industry challenges, then we have the blueprint to …


Problems in the mining industry in South africa - ECDPM

The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so ...


Challenges facing SA's mining sector | Mining News

Challenges facing SA's mining sector. ... Mining News in 90 Second keeps you up to date with the latest news making headlines in the mining industry. Subscribe to our YouTube channel today and get your weekly dose of news in 90 seconds every Wednesday at 10:00. ... Barrick Commissions Africa's First PhotonAssay Laboratory and another ...


Mining in South Africa: Industry challenges in 2020

Apr 04, 2020· This is being challenged by the Minerals Council of South Africa, along with other sections that are expected to be set aside. Mining companies must submit their Mining Charter compliance reports by 31 March 2020 showing how they are meeting any new requirements imposed on them in terms of the Mining Charter, 2018.


Challenges of working in mining | Anglo American

Dec 01, 2017· Addressing challenges. Tailings management is becoming an ever-bigger challenge for the mining industry. Ore grades are generally declining – as the best known deposits are steadily being depleted – causing us to need more ore to yield the same amount of metals and minerals.


Five challenges that mining needs to address today

Aug 29, 2018· Hatch's own Craig Thornton explains five challenges that modern mining needs to address today so we are ready with the people, processes, and technologies that can transform the mining industry for long term sustainable value, as almost every industry, business, and home—essentially, every one of us—owes our existence and lifestyle to something that comes out of …


Challenges Facing the South African Gold Mining Industry ...

The mining industry remains a major contributor to the economy of South Africa. According to data from the Department of Minerals and Energy of South Africa, the sector contributed 7.1 % to gross domestic product in 2003, of which gold was a key contributor in value terms.


Early adopters of integrated reporting: The case of the ...

Aug 28, 2012· The mining sector was chosen because of its significant role in the South African economy and its high risk with regard to ethical, social (Davis et al., 2012) and environmental issues (Firk, 2002; de Villiers and van Staden, 2006; Lodhia and Hess, 2014). The mining industry also includes companies with the highest


"Opportunities and challenges facing the South African ...

The South African Mining Industry The future The global mining industry Back to the "BOOM" RSA Coal Mining Sector Coal, key issues: –254.7 MT local production, R69 billion in sales in 2010. –Only 65.7mt exported in 2010 vs >70mt target. –Rail constraints big challenge. –RSA needs extra 100MT of coal production by 2020, +/- 75 MT


IMPLEMENTATION AND ENFORCEMENT OF SAFETY …

MINING INDUSTRY IN SOUTH AFRICA: CHALLENGES AND PROSPECTS By SHIBAMBU OPHREY NTSUXEKO This mini-dissertation is submitted in partial fulfilment of the requirements For the degree, of MASTER OF LAWS In the DEVELOPMENT AND MANAGEMENT LAW At the UNIVERSITY OF LIMPOPO TURFLOOP CAMPUS SUPERVISOR: PROF K.O ODEKU 2017


Five common challenges facing the mining industry | Aggreko

Apr 01, 2020· Mining companies are feeling the pressure, despite recent positive results brought by surging commodity prices and various cost-cutting initiatives. South African miner Sibanye-Stillwater's …


In the news - Minerals Council South Africa

Aug 18, 2021· Mining industry reaffirms its willingness to boost vaccination rollout. Mining Weekly – The Minerals Council South Africa and several labour unions reiterate their support for South Africa's national vaccination programme, urging all industry employees to choose to get vaccinated as soon as they have the opportunity to do so. July 19, 2021.


Mining Investment in South Africa: It Can Still Be Attractive

Mining Investment in South Africa: It Can Still Be Attractive. In 1980, South African-listed mining equities accounted for nearly 50% of the world market capitalisation for mining companies. An incredible statistic that illustrated the strength of the mining industry in the country. This one country, sitting at the bottom of the African ...


SA Mine 2021 (13th edition) - PwC South Africa

The growth in the mining industry confirms the resilient nature of the sector and the opportunities that exists in rebuilding the South African economy. In South Africa, we stand to benefit from the demand growth. Whether South Africa and other resource-rich countries will benefit to the full extent will depend on their ability to address ...


PwC Report Documents South Africa's Mining Industry Challenges

The financial year to June 30 was extremely challenging for South Africa's mining industry, PwC stated in the seventh annual edition of its SA Mine series. Local cost pressures, labor action, and the ongoing downswing in commodity prices resulted in shrinking margins, as mining companies grappled to improve productivity and find a place in ...


2020 mining risk survey report - KPMG South Africa

Our view of the South African mining industry is very similar to these global results, but with some key specific South African challenges and opportunities. Below are some points we extracted from the survey. Similarities: Commodity price risk remains the top risk to the global mining industry, and we believe the same applies to South African ...


Mining the Fourth Industrial Revolution

Mining is seen as the cornerstone of the economy of South Africa, contributing R400-billion. South Africa needs to make the most of its mineral resources – for the benefit of all South Africans. There is also a need to look at the harm around mining regarding communities and the environment.


Transforming the Mining Industry in South Africa: Issues ...

Transforming the Mining Industry in South Africa: Issues, Challenges and Prospects Kola O. Odeku and Olufunmilayo F. Odeku1 Abstract South Africa is endowed with valuable mineral resources in water, on the ground and beneath the earth. This attracts a lot of people to the exploration and exploitation of these resources.


Mining boom papering over serious structural issues ...

Oct 11, 2021· South Africa's current mining boom is papering over some very serious structural issues that underlie the mining industry as a whole. "Chief amongst those …


Platinum giant South Africa forced to look ... - MINING.COM

Aug 11, 2020· Output from South Africa's 130-year-old gold industry slumped over the past three decades as the geological challenges of operating the world's deepest mines pushed up costs.


Challenges faced by the South ... - Mining Review Africa

Nov 17, 2014· The various challenges being faced by the South African Exploration and Mining Industry are generally summarised into 8 key challenges, namely: the global financial crisis, and the impact that this has had on global demand, regulatory and legislative uncertainty, infrastructure, ports, rails, water, roads and electricity, labour uncertainty,


Mining in South Africa: The Challenges and Opportunities

Mining in South Africa: the challenges and the opportunities 2 September 2016 PAGE Mining gives us energy for development Chamber 100kW FUJI fuel cell • First base-load 100kW platinum fuel cell installed in Africa • In operation since 18/12/2014 • Uses natural gas (Egoligas) • Electro-chemical process, no moving parts


South Africa: Key issues and challenges

Mar 21, 2017· Several challenges have plagued the South African mining industry in particular over the past few years – a key driver of the country's economy. Besides declining commodity prices, labour union rivalry escalated labour issues, resulting in one of the more prolonged and violent strikes in the country's history.


What are the key trends in the South African mining ...

Oct 08, 2020· The total revenue generated by the South African mining industry for the year ending 30 June 2020 increased by 4%. PWC said this growth was mainly driven by PGMs, gold and iron ore, which experienced increases in revenue for the 12-month period. PGM generated the largest portion of revenue at 28%, marking a 56% increase from the previous year ...


African mining – opportunities and challenges

Dec 31, 2012· Obstacles facing the mining industry in Africa. The African mining industry is facing many challenges. Chief among them is the still low base of the mining activity. A number of African countries depend on extractive resources for revenues and export earnings but mining faces huge challenges related to environmental degradation and social issues.


Mining Weekly - Mantashe highlights challenges facing ...

Jan 18, 2019· A second pressure point was the general attitude in the country towards mining. "Mining is not a loved sector," he observed, drily. The third pressure point was increasing environmental demands....


(PDF) Key Challenges Facing The Mining And Minerals Sector ...

PDF | On Jan 1, 2004, Daniel Limpitlaw published Key Challenges Facing The Mining And Minerals Sector In South Africa | Find, read and cite all the research you need on ResearchGate


A history of mining in South Africa (ZA)

Today, the mining industry remains one of the biggest contributors to the country's economy with an estimated worth of R20.3 trillion (US$2.5 trillion). It is the world's fifth largest mining sector in terms of gross domestic product (GDP), contributing eight percent to South Africa's GDP.