Coal is South Africa's major primary energy source, and plays a significant role in supplying the chemicals and steelmaking industries. The benefits of coal production are relevant in the light of South Africa's development priorities of job creation and economic growth. Even so, primary metal production and coal-based power generation industries, …
DetailsSince then, the mining industry has become hugely important to the country, contributing roughly 202 billion South African Rand (roughly 10.9 billion U.S. dollars) in 2023 to South Africa's ...
DetailsA critical review of the impact of South Africa's mine closure policy and the winding-up process of mining companies October 2021 The Journal for Transdisciplinary Research in Southern Africa 17(1)
DetailsMinerals contribute to the economy of South Africa and social well-being of society. The consequences of any challenges to mining could result in a dire situation for the nation's …
DetailsThe need to exploit mineral resources in order to drive the South African economy and provide local jobs can lead to misunderstandings and problems in the communities. ... In the South African context for example, the mining industry contributed 8.3% (2019) and 8.1% (2018) of the GDP and employed 460 015 employees (MCSA, …
DetailsThe relationship between mining communities and mining companies are exposed to the various socio-economic challenges that other sectors of the South African economy currently face.
DetailsMining continues to be a dangerous activity, whether large-scale industrial mining or small-scale artisanal mining. Not only are there accidents, but exposure to dust and toxins, along with stress from the working environment or managerial pressures, give rise to a range of diseases that affect miners. I look at mining and health from various …
DetailsMINERAL ECONOMICS . Nationalizing South African mines: an economic assessment . S. du Plessis I, II. I Department of Economics, University of Stellenbosch II An earlier version of this paper was presented as the Presidential address at the biennial conference of the Economic Society of South Africa, 5-7 September 2011, Stellenbosch. I am …
DetailsThe South African mining companies say they are taking action, with Mark Cutifani, chief executive officer of Anglo American which holds big mining firms in South Africa, saying in 2019 that the ...
DetailsThe 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 …
DetailsThe mining sector, which was formerly dominating, now contributes to barely 8% of South Africa's GDP (GDP). Agriculture's and manufacturing's relative contributions have …
Detailsstakeholders in selected Southern African countries. Mining in Southern Africa has a mixed history with the sector in many countries associated with their colonial legacies – such as apartheid in South Africa and Namibia – and these perceptions continue to shape these societies (see e.g. World Bank, 2018a). Figure
Detailsa century. Although the South African economy is no longer dependent on the mining industry, this book clearly indicates that the mining industry still plays (and will continue to play) an important role in the social and economic fabric of the country. Mining and community in South Africa reflect on the challenges and opportunities related to ...
DetailsAs South Africa relies strongly on the exports of its precious metals to finance its current account deficit the impact of load shedding on mining operations (which are energy intensive) has led to a strong depreciation of the rand as well as a stalling of economic growth and downward revisions in growth forecasts.
DetailsOver the years, the impact of mining on the economy, environment, and society has attracted several views (Balasubramanian, 2017; Festin et al., 2018; Mensah et al., 2015; Ocansey, 2013).A study, (Widana, 2019) conceptualized the impacts of mining into several forms such as functionality (socio-economic, political and environment), …
DetailsThe 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 …
DetailsSouth Africa must address policy and regulatory uncertainty if it is to attract more investment in exploration and mining. South Africa attracted $194-million a year in exploration expenditure …
DetailsThe Broad Based Black Economic Empowerment Charter (Mining Charter 1) of 2002 called for Black people – referred to as Historically Disadvantaged South African (HDSAs) – to own 26 percent of the value of equity and mine assets and achieve 40 percent (including 10 percent for women) representation on the higher-level management to …
DetailsContribution of mining to the South African Economy. Important contributor to the GDP (8% in 2015) Exports from mining mineral brings in a lot of foreign exchange. In 2018 …
DetailsThe 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 …
DetailsDiscover the economic impact of South African coal on the nation's growth and development. Learn about its role in energy production, job cr. top of page. ... Coal mining in South Africa dates back to the late 19th century when the first commercial coal mines were established. The industry grew rapidly, fueled by the increasing demand for …
DetailsFACTORS HINDERING COAL MINING IN SOUTH AFRICA. REDUCED DEMAND Negative views on coal and its environmental impact have resulted in a major decline in its use by the major economies of the world. Because of coal's contribution to greenhouse gas (GHG) emissions, many countries have put in place strict environmental laws which …
DetailsMining corporations also give to local communities, either voluntarily or in accordance with regulatory obligations, in addition to what they pay in royalties and taxes. Mining industry's economic impact. The mining sector, which was formerly dominating, now contributes to barely 8% of South Africa's GDP (GDP).
Detailsthe global debate on socio-economic development for many decades. Countless claims have been made that CSR can contribute towards more inclusive development and the alleviation of poverty. This briefing examines the concept and role of CSR in the mining industry of South Africa. The mining case study reviewed here demonstrates that key ...
DetailsGold mining started more than a century ago in the Witwatersrand gold elds, South Africa (Durand, 2012;Hobbs et al., 2010;Phillips and Law, 2000).
DetailsThis was to be achieved through the Broad-based Socio-economic Charter for the South African Mining Industry of 2004 (CALS 2016:14). The B-BBEE Act made provision for the economic empowerment of all black people, including women, workers, youth, people with disabilities and people living in rural areas, through diverse but …
DetailsDr. Victor Munnik is an associate researcher at the South African-based environmental justice NGO "Groundwork". He has worked on their reports, covering coal issues and South Africa's greenhouse gases emission hotspot, Mpumalanga. As a political ecologist, Dr. Munnik specialises in water quality. The researcher and academic also …
DetailsFurthermore, existing socio-economic challenges in mining-affected communities are compounded by a lack of coordination and cooperation among industry stakeholders …
DetailsThere are two ways of looking at mining in South Africa. The first is to see it as a sunset industry plagued by rising costs, technical difficulties, and political hostility. The …
DetailsFurthermore, the future of South Africa is dependent on mines as they bring in money for the country. Therefore, Mining is a very profitable sector and it also creates employment opportunities; factors which help improve the socio-economic standards of the country.
DetailsThe questionnaires were aimed to understand the socio-economic impacts of privatization in South Africa as an emerging economy, to suggest possible interventionist strategies to avert and address the widening socio-economic impacts of privatization and to delineate a role for social development within the process of privatization in general and ...
DetailsMining has been the backbone of the South African economy for many years. For over a century it has contributed considerably in the welfare of the people of South Africa. As a result of South Africa's long history of mining, the country has many abandoned mines that are currently the major source of various environmental and …
DetailsSince 1993 coal mining plays an important role in the South Africa economy with R37 billion of contributio n, 816 Proceedings of the International Conference on Industrial Engineering and ...
DetailsIn Aon's latest Global Risk Management Survey, it was found that the most pivotal risks concerning the industry today are: business interruption, regulatory or legislative …
DetailsIndustry has use potential; If growth constraint can be removed and the industry makes significant progress on 'modernisation' and 'innovation. ' •. Non-gold mining sector can grow at 3-5% pa, resulting in more balanced country growth rate (double size of non …
DetailsSouth Africa is fortunate to have capable economic managers. They need to maintain the prudent macroeconomic policies that can create an economic climate conducive to growth and job creation. At the same time, a medium-term strategy, as outlined in the 2013 budget, is essential to rebuild fiscal buffers and reduce external …
DetailsSouth Africa Department of Minerals and Energy (2007). South Africa is estimated, by the US Geological Survey, to have 6000 metric tons of gold reserves. A full 95% of South Africa's gold mines are underground operations, reaching depths of over 2.5 miles. Coupled with declining grades, increased depth of mining, and a slide in the
DetailsPE series jaw crusher is usually used as primary crusher in quarry production lines, mineral ore crushing plants and powder making plants.
GET QUOTE