While the ten largest companies in the manufacturing and business services industries have seen their productivity index grow by around 15 percent and 25 percent respectively over the past 25 years, the ten largest companies in the mining industry have seen only marginal growth of around 1 percent over the same period.
Mining companies have begun to enjoy some welcome relief in 2019, as gains in commodity prices, aided by a weaker rand, began to bring the industry back into …
In recent years, South Africa's mining industry has come under some pressure, as a result of creeping regulatory uncertainty, a shortage of electricity, an increase in a recalcitrant workforce and ...
Cooperative R&D initiatives in the mining industry enabled South Africa to operate at the technological frontier of mining equipment technology. However, in recent years the sector has been in ...
Fine and Rustomjee (2018) posit that South Africa has been a leading global supplier of minerals and mineral products for a long time. Neingo and Tholana (2016) aver that the mining industry in ...
The total revenue generated by the South African mining industry for the year ended 30 June 2020 grew by 4%. This was mainly driven by PGMs, gold and iron ore, which saw increases in revenue for the 12-month period. ... Investment can only be attracted if the SA mining industry can be cost competitive with its global peers. The …
Cost control and margin protection for the South African mining and metals industry is based on research and interviews conducted by EY between May 2013 and August 2013 with senior executives from a number of mining and metals companies …
South Africa's 30 years of democracy has changed the character of this country's mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry ...
1. Introduction. The South African mining industry (SAMI) is a significant contributor to the economy of the country but faces sustainability, occupational health, and safety challenges [1], [2].The SAMI is traditionally labor intensive and takes place in difficult conditions [3], [4].In addition, the SAMI has residual problems faced by mine workers, …
The South African mining industry and its sustainability are threatened by many global and local challenges. These challenges vary from high production costs, low profitability, labour unrest, to increasing ... by 7.6%, and mining cost inflation has been 2% to 3% higher than general inflation, resulting in two-thirds of our output being in
throughout South Africa. Another harmful mineral that occurs commonly in South Africa is asbestos. Although much research has been conducted on the health effects of silica dust and asbestos fibres in the major mining industries in which exposures to these minerals occur (viz. the gold-mining and asbestos-mining sectors), little is
The report provides insights into the performance, trends and challenges of the South African mining sector, including gold, iron ore, coal and platinum group metals. It also …
Industry cost curve were constructed using an algorithm in Tholana et al. (2013). As mentioned previously, only listed companies with operations in South Africa were considered because of the availability of data and the appropriateness as proxy for the South African gold mining industry.
Cost control and margin protection for the South African mining and metals industry is based on research and interviews conducted by EY between May 2013 and August 2013 with senior executives from a number of mining and metals companies operating in South Africa. Executives were interviewed and asked to prioritize their top …
The South African mining sector has faced its own fair share of challenges over the past few years. Changes in economy, complexities with labour, rising costs, and political uncertainty have …
The mining industry in South Africa has performed poorly over the past ten years, with its contribution to the national GDP having halved since 1994. Year-on-year production fell by 3,3% in January, according to Statistics South Africa, with downtime, power outages and uncertainty around regulatory policies significantly hamstringing the …
towards December 2016 and the dominant position of South African supply for these commodities. The cost control measures that the industry took ownership for started …
The first part of the report gives a snapshot of the macro-economic factors driving the mining industry in South Africa. This is complemented by an in-depth industry analyses. ... management and control of mining, the industry put together a transformation charter, in 2004, committing to sell 15% of their South African assets to black investors ...
The total cost, both internalised and externalised, of gold mining related lung disease represents 6 per cent of the 1996 wage bill and 2.6 per cent of the gold mining industry's contribution to ...
The South African mining sector employed 458,954 in 2021.1 These make the mining sector a vital industry for the LRS to monitor. The rich data extracted from the LRS's …
In the DRC, state revenue tripled from US$190 million in 1967 to US$630 million in 1970. A national health system numbering 500,000 employees was established.
This briefing has been published by Lucas Moalusi and Godfrey Malesa of Fasken Martineau, South Africa, who have agreed to Simmons & Simmons making it available to elexica subscribers.There's never been a more pertinent time to reflect on the current landscape of the mining industry in South Africa than now.. The year 2018 …
The South African mining industry has a history of a range of major challenges, including high operating costs that have had a negative impact on mines' profitability and financial …
South Africa's gold mines, once the apex of global gold production, now grapple with deep-seated challenges – aging infrastructure and depths that test the limits of modern mining.
Cost containment is still king, closely followed by survival. ... Digital transformation in the South African mining industry: Part 2. ... By way of example, one challenge in providing us with the numbers here, is the impact of advanced process control. One miner said they were struggling to answer as a 1% improvement in the …
The mining sector is the major contributor to South African GDP and provides employment to some 500 000 workers directly and a further 500 000 indirectly. I will attempt today to analyse how the South African mining industry finds itself in such a …
Nowhere is this more pronounced than in energy-intensive sectors such as mining, where energy costs represent a significant portion of operational expenses, particularly in South Africa, where the ...
The first theme addresses trends in silicosis in the South African gold-mining industry over a period of 33 years, and the second explores the potential for occupational respiratory disease in the under-researched platinum- and diamond-mining sectors. ... Health care costs were externalised away from the mining companies as a …
WHICH BODY OR GOVERNMENT ADMINISTERS THE MINING INDUSTRY; The mining industry in South Africa is administered by the Department of Mineral Resources, the head office of which is …
management and to the control of financial and economic resources to a wider base of the black population. However, ... Economic Empowerment Charter for the South African Mining Industry was introduced in 2003. The financial, resources and industrial sectors generally tend to disclose
economic benefits and costs of TB prevention and control and implications for the mining industry and mineworkers and their communities in South Africa, Lesotho, Mozambique, and Swaziland. The study will detail the economic returns (benefit-cost ratio) of a program of expanded testing and treatment of gold and platinum-group metals (PGM)
The global mining industry is enthusiastically embracing the myriad of opportunities presented by AI, spanning big data processing to optimization of tedious tasks. ... This promotes the smooth running of cost-effective mining operations, and a safe working zone with minimal environmental damage. ... South Africa, Africa's top mining country ...
Finance currently accounts for 20% of GDP, with the state accounting for 17%. Moreover, it is worth noting that the gold mining industry is quite beneficial for the country's economy. According to 2018 data, South Africa exported gold, which was estimated at 35 South African Rand billion.
