In this exclusive Mining Indaba TV interview, Hugo Pienaar, Chief Economist at the Minerals Council South Africa, unpacks the latest South African Mining Facts and Figures report launched at the event. He shares key highlights, discusses the root causes of poor statistics, and reflects on the industry's performance over the past decade.
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Yet, new data from the Minerals Council South Africa (MCSA) shows that logistical issues and lower non-gold commodity prices limited production gains. ... Gold mining in Africa's most developed ...
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Abstract. Although the mining value chain only accounted for around 13% of the GDP and 6% of employment in 2020, it remained a central link between the South African economy and international markets.
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South Africa, a country rich in minerals, presents significant opportunities, as well as challenges,for international investors seeking to invest in South Africa and beneficiate minerals for the goodof the local and global economies. Investment in South African minerals, whether in the form of debtfunding or equity, requires knowledge and understanding of the context and …
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The Minerals Council of South Africa highlights that the mining sector employs over 477,000 people, highlighting the importance of accountability, and action-oriented discussions. ... South Africa's mining sector shows growth potential with more exploration investment. Read More. February 06, 2025 . Kaya FM - Kaya Biz
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In 2024, the South African mining sector saw a significant increase in deal values. The increase in deal values aligns with global trends, driven by the quest for critical minerals essential for the energy transition. In South Africa, …
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Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa's GDP in 2023, down from 7.3% in 2022 ...
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Despite the South African mining industry having recorded two months of decline in production across some sectors such as coal and iron-ore, Mineral and Petroleum Resources Minister Gwede Mantashe ...
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minerals and mining policy in South Africa, was a document containing proposals that have been drafted after careful consideration of a very broad range of views. The submission of the document to the Minister of Minerals and Energy concluded the task of the Steering Committee.
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The Comprehensive Facts and Figures 2024 highlights the vital role of mining in South Africa's economy and society. The book explores why #MiningMatters, showcasing the industry's contributions, challenges, and opportunities for sustainable growth.
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The mining sector of South Africa spans five major mineral categories, which are as follows: Precious metals and minerals; Ferrous minerals; Non-ferrous metals and minerals; Industrial minerals; Energy minerals; Industrial Minerals and …
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If South Africa's mining industry wanted to remain healthy, it should continue to invest in greener mining practices and explore new mineral resources. Some good news amidst the hurdles The mining sector is facing a lot of challenges, but industry experts are confident about its future.
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Cape Town, South Africa – A comprehensive report by Mintek, presented by CEO Dr. Molefi Motuku, took centre stage at the South Africa Investment Forum at the 2025 Investing in African Mining Indaba, highlighting South Africa's vast potential in the critical minerals sector.
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The Comprehensive Facts and Figures 2024 Pocketbook highlights the vital role of mining in South Africa's economy and society. The book showcases the industry's contributions, challenges, and opportunities for sustainable growth.
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According to Statistics South Africa, South Africa's annual gold production in 2012 was close to 220 tonnes, which is a level of gold production not seen since 1922. South Africa's gold output fell 11,3% in volume terms in January 2012, while mine output dropped 2,5%. South Africa as recently as two decades ago was the
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Discussions in South Africa's Parliament regarding the new mining policy have highlighted several key points, with the Portfolio Committee on Mineral Resources and Energy noting a positive shift in mining production, with a 2.3% increase in April 2023 after months of decline, driven mainly by gold and coal.
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The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development . The IGF supports more than 75 nations committed to leveraging mining for sustainable development to ensure negative impacts are limited and financial benefits are shared. It is devoted to optimizing the benefits of mining to achieve poverty reduction,
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Investing in African Mining Indaba presenters on Monday spoke repeatedly of the need for Africa to add value to its metals and minerals on the continent itself rather than allowing this to take ...
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Mining and mineral beneficiation plays a pivotal part in South Africa's economy. The country's mineral reserves are among the most valuable in the world. South Africa has the world's largest reserves of platinum group metals (PGMs) and manganese, and some of the largest gold, diamonds, chromite ore and vanadium deposits.
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Minerals Council highlights mining's vital role in South Africa's progress Amid record load-shedding in 2022 and a further deterioration in energy availability during 2023, electricity and water is the only other sector where output declined in both 2022 and during 2023.
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London and Pretoria announced a partnership to promote the responsible exploration and production of critical minerals in South Africa. Gold Futures $ 2953.5 / ozt 0.11% Micro Gold Futures $ 2953. ...
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South Africa's definition of critical minerals is not limited to minerals used in the green economy and includes coal and uranium, says Mineral and Petroleum Resources Minister Gwede Mantashe.
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Illegal mining was identified as a national threat and a special multi-agency team (NCSMT) was convened in order to co-ordinate government's efforts against illegal mining in South Africa and beyond its borders. South Africa and the Russian Federation have since engaged in talks with the United Nations Interregional Crime and Justice Research ...
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In a significant development for South Africa's mining sector, the Minerals Council South Africa has endorsed the Department of Mineral Resources and Energy's (DMRE) decision to engage a new consortium for their cadastral system. This change, aimed at reviving the exploration and development aspects of the mining industry, is seen as ...
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South Africa has the world's largest reserves of platinum group metals and manganese, along with some of the largest reserves of gold, diamonds, chromite ore, and vanadium. ... Minerals 0% Petra Diamonds 0% Mining Sector Revenue 2022 Glencore Xstrata BHP Billiton Anglo American plc
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In 2023, the total revenue of South Africa's mining industry was 654 billion South African rand (around 34.8 billion U.S. ... Mining revenue in South Africa 2021-2023, by mineral commodity ;
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The Anglo-American South Africa also deals in nickel, diamonds, metallurgical, thermal coal, copper, iron ore, and other minerals. Anglo American plc's headquarter offices are in London, England. 2. BHP Billiton Energy Coal South Africa Ltd (Mpumalanga) Founded: 1851 Headquarters: Melbourne, Australia SA offices: Lesedi Village, Middelburg Rd, Witbank, …
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The Minerals Council of South Africa – an umbrella body for the local mining industry – has publicly acknowledged that illegal mining poses a serious threat to the sector's stability and company profitability, and has said it is committed to working alongside the government to eradicate the problem.
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Get access to latest South Africa minerals and mining tenders and bids. Find business opportunities and government contracts for South Africa minerals and mining tenders, South Africa geological survey tenders, South Africa exploration tenders, South Africa excavation tenders, South Africa quarry tenders, minerals tenders, mining tenders, crushing plant tenders, …
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Here is a List of 50 Leading Mining Companies in South Africa. Here is a list of 50 leading mining companies in South Africa: Anglo American Platinum; AngloGold Ashanti; African Rainbow Minerals; Assore; Exxaro Resources; Gold Fields; Harmony Gold; Sibanye Stillwater; Impala Platinum (Implats) Kumba Iron Ore; Glencore South Africa; Vedanta Zinc ...
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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 …
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The contest for critical minerals is fueling geopolitical rivalry, creating challenges that are "more significantly felt by African nations", South Africa President Cyril Ramaphosa said on ...
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MEDIA ADVISORY: SOUTH AFRICA TO PARTICIPATE AT THE 2025 INVESTING IN AFRICAN MINING INDABA. 31 January 2025 READ MORE. MEDIA STATEMENT: THE MINISTRY OF ELECTRICITY AND ENERGY WELCOMES NERSA'S TARIFF DECISION. ... To promote and regulate the minerals and mining for transformation, growth, development and ensure that all …
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With the type of critical minerals in South Africa, we play a significant role in moving towards more renewable and sustainable energy usage worldwide." ... Many say mining in South Africa is a sunset industry, however, Yandi Mini is an optimist and enthusiastic about what the future holds. "Yes, mining's contribution to the GDP has ...
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