Mining industry in south africa pdf

There was a mixed bag of performance in 2018 as bulk commodity prices continued to rise from the lows at the. Africa, 29% to latin america and 7% to pacific south east asia. Mining in south africa was once the main driving force behind the history and development of africa s most advanced and richest economy. Of course, the recent disaster at brumadinho in brazil is the most sobering example of how dynamic and catastrophic risks. It is the worlds fifth largest mining sector in terms of gross domestic product gdp, contributing eight percent to south africas gdp. Making the refining process more thorough and economically viable, gold mining in south africa projects, such as the ergo mines joint venture in brakpan, will facilitate the reprocessing of 1. South africa mining charter 21 south africa diesel refund scheme 22 tanzania the impact of regulatory changes 26 drc new mining code upsetting miners 27. Why mining still matters institute of race relations.

The survey was conducted during a year of growing uncertainty combined with strong growth potential for the mining industry. This dossier provides some of the most interesting facts and figures relating to the mining industry in africa. In south africa, for example, labor costs currently range from 20%25% of total production costs for modern, mechanized and open cast mines, to 50%60% for the mature deeplevel underground mines. As roger baxter, ceo of the minerals council south africa says. South africas mining industry south african market insights. Oct 02, 2018 south africas mining industry faced a series of challenges in the first half of this year as precious metals did not emerge from the lows hit in 2016, but rather continued to struggle. An industry at a crossroads daniel antin abstract historically, south africas mining industry has been at the heart of the economys development given the countrys competitive position as one of the most naturally resourcerich nations in the world. In our study of south african producer services, the recurring difficulty of aggregation and disaggregation of economic sectors has further.

The mining industry is an important part of the south african economy, contributing 8. South africa is an uppermiddleincome economy one of only eight such countries in africa. I have always referred to the mining industry as an industry of long cold winters and short beautiful summers. The future of mining in africa navigating a revolution. Corporate social responsibility in south africas mining. Since 1996, at the end of over twelve years of international sanctions, south africas gross domestic. Transformation in the south african mining industry scielo. Statistics south africa 5 mining industry, 2015 mining industry, 2015 1. We take a look at a few highlightslow lights of south africas mining industry as published by statistics south africa exactly a week after delegates closed the 26 th investing in african mining indaba, stats sa released data on the performance of the mining industry in 2019. For this reason, the mining industry has become a leader. South africas mining industry remains a critical component of the economy. The mining industry has adopted a zero harm policy and wellness of employees as a top priority. We take a look at a few highlightslow lights of south africa s mining industry as published by statistics south africa exactly a week after delegates closed the 26 th investing in african mining indaba, stats sa released data on the performance of the mining industry in 2019.

Worker demands for increased salaries and wages have continued to plague the industry, and it is estimated that south africas mining industry lost. A perspective on the south african mining industry in the. Mining 2020 laws and regulations south africa iclg. The rapid growth of the goldmining industry intensified processes started by the diamond boom. South african gold mining industry due to their level of market capitalization. Governs the formation and regulation of companies in sa. Although gold, diamonds, platinum and coal are the most wellknown among the minerals and metals mined, south africa also hosts chrome, vanadium, titanium and a number. South africa is also rich in platinum, manganese and coal, and large industries have grown from these minerals. An overview of producer services in the mining industry in south. In the past two decades, south america has become the centerpiece for mining exploration investments. The five leading coal mining companies anglo coal, bhp billiton, exxaro, xstrata and sasol produce over 80% of the south african coal. The top risks facing the south african mining industry. The mining industry, especially, spurred the creation of laws and practices in south africa which progressively disenfranchised the countrys indigenous black peoples. If these estimates are anything to go by, then there is no doubt that mining as an industry will continue to expand over the next 20 to 30 years and that developing countries will almost certainly play an increasingly important role in that expansion.

The countrys stock exchange in johannesburg was established in 1887, a decade after the first diamonds were discovered on the banks of the orange river, and almost simultaneously with the gold rush on the worldfamous witwatersrand. However, none of them had induced the dangerous madness like diamonds did, which attracted hundreds of people in ox wagons and mule carts who wanted to make it rich. South africa has built the model economy within subsaharan africa by exploiting its abundant mineral and natural resources. Initiatives introduced by the south african mining industry to improve safety in the countrys mines, have resulted in a more than 50% reduction in fatalities. A global view on mining is provided in our annual global mining industry publication, mine2. Golds share of mining revenue decreased to 16% from the 18% in 2016. South africas mining industry growth hindered by precious. Today, the mining industry remains one of the biggest contributors to the countrys economy with an estimated worth of r20. It is therefore important for data on our industry to be freely available so that stakeholders can understand how our industry is performing. Outlook for the south african mining industry saiia. Top 40 reach and external market drivers algeria, australia, canada, eurozone parliamentary elections, india, indonesia, south africa and tunisia 2019 presidential and national elections top 40 representation medium none low high global production iron ore copper. The present paper considers two of the major consequences of poor ergonomics, namely workrelated.

Mining plays a significant role in the economy of our nation. Sep 03, 2019 mining loses shine for the second year in a row. By 1899 the gold industry attracted investment worth. Mining indust ry prior to 1994, mining in south africa embodied some of the most socially destructive practices of that era. Feb 07, 2018 south africas mining industry remains a critical component of the economy. The south african mining industry has been in continuous decline for 2 decades. In south africa this includes the recent mining charter, whereas the rest of africa is working through issues from nationalisation through taxation amendments. December 20 economy report south africa hannsseidelfoundation johannesburg office p. As a regional manufacturing hub, it is the most industrialized and diversified economy on the continent. If we are to address the problems of youth unemployment, poverty and inequality, due attention must be paid to reviving the mining industry. Executive summary 4 the south african mining landscape 6 improving value to stakeholders 18 the regulatory landscape in africa 20. In 2009, the countrys diamond industry was the fourth largest in the world. In addition to global challenges, the south african.

Preliminary study on artisanal and smallscale mining in. Pdf on jan 1, 2004, daniel limpitlaw and others published key challenges facing the mining and minerals sector in south africa find, read and cite all the. The future of mining in africa the second domain are the regulatory shifts in african mining, and the actions that this regulation incentivises. In the post1994 democratic dispensation, csr has been treated as a vehicle for restorative justice to redress the legacy of apartheid. Through this, the mining industry remains a conduit of money and opportunity to some of the poorest areas in south africa. We also follow case studies that, in our view, provide good examples that support our previous observations and suggest the potential for a. Basic ergonomics is currently applied to a limited extent in the mining industry. The census covers all mines that were registered for mineral rights with the department of mineral resources dmr in 2015 that are mainly engaged in the mining industry. Mining in south africa was once the main driving force behind the history and development of africas most advanced and richest economy. The rest is produced by junior miners that comprise the.

The large coal deposits have been a major force in the economic development of south africa and intimately complimented gold in the building of south africas. South africa yearbook 201516 320 the association of mine managers south africa ammsa provides a platform for mining industry professionals to discuss, evaluate and debate mining and minerals policy, technical innovations, safety and health challenges and advancements in mining in south africa. South africas mining industry employment by commodity 2019. Africa is one of the most important mining regions in the world, producing. South africas mining industry faced a series of challenges in the first half of this year as precious metals did not emerge from the lows hit in. Aug 16, 2012 with south africas economy built on gold and diamond mining, the sector is an important foreign exchange earner, with gold accounting for more than onethird of exports. In terms of mine employees, north west was the largest contributor with 3 428 37,8% persons working in the industry, followed by mpumalanga 78 518 or 22,2%, gauteng 53 764 or 15,2% and limpopo 37 005 or 10,5%. Tholana 6171 mining companies globally are currently facing severe economic and financial challenges. The level of production was 1,3% lower in 2019 than 2018, which in. Analysis of the 1996 population census identifies 56 magisterial districts in which a sixth or more of the aggregate earnings of african men derives from mining. Published by the south african institute of race relations irr. Exactly a week after delegates closed the 26th investing in african mining indaba, stats sa released data on the performance of the mining industry in 2019.

Socioeconomic attributes article pdf available in mediterranean journal of social sciences 414. The level of production was 1,3% lower in 2019 than 2018, which in turn was 2,1% lower than 2017. In that year, south africa s platinum mining industry employed some 164,5 people. Corporate social responsibility in south africas mining industry. South africa is also a major producer of coal, manganese and chrome. In this years edition of state of mining in africa in the spotlight, we take a further look at, and reflect back on, our observations to see how the broad industry is progressing. Although there is a growing awareness of the need for ergonomics, very little has been done about its application. While apartheid in south africa was formalized in law in the late 1940s, the seeds for its creation were established years beforehand. Although risks have remained relatively consistent, pwc south africas mine report 2017 highlights the importance of risk identification and the management thereof.

Largescale and profitable mining started with the discovery of a diamond on the banks of the orange river in 1867 by erasmus jacobs and the subsequent discovery and exploitation of the kimberley pipes a few years later. The decrease in total revenue of r2 billion to r69 billion was mainly as a result of lower production. Over 150 community delegates and civil society representatives from the 9 provinces across south africa gathered to discuss the state of affairs for mining affected communities. The economy of south africa is the second largest in africa, after nigeria. Pdf key challenges facing the mining and minerals sector in. Pdf coal has been an important commodity in south africa for many years and it is one of the oldest mining enterprises in the country. To understand the extent of the bee obligations for south africas mining industry, regard must also be had to the implementation guidelines for the broadbased socioeconomic empowerment charter for the mining and minerals industry, 2018 guidelines, which the minister of mineral resources and energy minister published on 19 december 2018. It has been accepted for inclusion in this collection by an authorized administrator. Economic activity in modernday south africa has been centred on mining activities, their ancillary services and supplies.

An overview of producer services in the mining industry in. Introduction this publication presents estimates in respect of the 2015 mining census. This briefing examines the concept and role of csr in the mining industry of south africa. The findings of this report are based on publiclyavailable information predominantly annual reports for financial years ending no later than 30 june 2018. Box 41451 craighall 2024 johannesburg south africa 1 phone. Prospectors established in 1886 the existence of a belt of goldbearing reefs 40 miles 60 km wide centred on presentday johannesburg. Apr, 2000 the south african mining industry has been in continuous decline for 2 decades. Over 50% of all gold reserves are found in south africa, where the. Financial performance 28 glossary 44 companies included in the analysis 46 basis for compiling this report 48 about pwc 50. Minerals and africas development africa mining vision.