0000002420 00000 n 0000007222 00000 n The South African economy has benefited significantly from PGM mining. The South African mining landscape 6 Improving value to stakeholders 18 The regulatory landscape in Africa 20 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 Financial performance 28 Glossary 44 Companies included in the analysis 46 mining sectors to aggregate output in the South African economy, rather than with the aggregate volume of sales of the sector.4 Over the 1970-98 period, the proportional contribution of the mining sector to total value added in the South African economy has more than halved, declining from 21.3% in1970, to 9.9% of the private sector’s GDPin 1998. Ventilation requirements to keep working conditions tolerable are huge and a survey of the South African gold mines indicated that the average quantity of ventilating air circulated was some 6 cubic metres per second (210 cu ft/s) per 1000 ton of rock mined per month.Another serious problem is that of heat. Anglo Gold Ashanti,Though uranium production in South Africa showed a decrease from 711t in 2000 to 579t in 2010, in 2011 930t were produced with a forecast of 2,000t by 2020.Conditions on most South African mines are very similar to those elsewhereSilica dust is an ever-present potential hazard so that all drilling dust and loose rock has to be wetted down at all times to prevent silicosis, a lethal disease that attacks the lungs. The incident caused South African President In 2007 the South African National Union of Mineworkers, which represents the nation's mineworkers, engaged in a series of talks with the Jacob Zuma declared a 66-day-long week of mourning.In 2014, platinum industry workers went on a strike that lasted five months. 0000001046 00000 n In the deeper mines refrigeration of the intake air is often necessary to keep conditions tolerable and this is now becoming necessary on some platinum mines which, although shallower, have a higher geothermal gradient.The South African mining industry is frequently criticized for its poor safety record and high number of fatalities but conditions are improving. The The gold in the Witwatersrand Basin area was deposited in ancient Ever since the Kimberley diamond strike of 1868, South Africa has been a world leader in diamond production.South Africa produces more platinum and similar metals than any other nation.South Africa has the second-largest reserves of uranium in the world.There are a number of mining companies that process uranium from mines that they own. It was the longest strike in the history of South African mining.In 2019, a high court in Johannesburg approved the historic compensation deal for the miners who contracted the fatal silicosis disease when they worked in the mines.There were few parties that advocate to nationalizing the industry, the most major one is
0000002202 00000 n 0000007330 00000 n n�L�Zk(qZcʲ��!QЋҊ�kF u5F�(�=e/�d�I�B�!��~^����9?�������� �]B֭�^*��2���cv�S�t��W�[L_�x�wo+%��h��_�>vs��uj��� p�l���}�����ܔ�&���4��L�|z[�~y�t��֗(��G�H�5�rw�x�%�6����.��8s�����6~�/�4Dǯ���F�������������áC�G�PbpJ��$��a����A�:j?,���鳧qc3n��o����� W"� � �a �� South Africa produces more platinum and similar metals than any other nation. The industry represents 18% of South Africa's $588 billion South Africa is the world's third largest coal exporter, and much of the country's coal is used for power production.
0000001807 00000 n 0000003793 00000 n 0000008459 00000 n
In 2005, 78% of the world's platinum was produced in South Africa, along with 39% of the world's palladium. 0000008584 00000 n 0000001197 00000 n 0000004952 00000 n For investors interested in the PGM sector in Africa, South Africa seems to be the logical starting point. 0000010738 00000 n 8¼�fW�� � E��4��T-J�XOЈz�UPM�E���&�[�U��68A5 H�� ��SX| 1���j�t� �b�"Q7T�-~�uQ�v�g�֔fq
0000001785 00000 n
0000009655 00000 n (about 40%)South Africa accounted for 15% of the world's gold production in 2002Among the nation's gold mines are two of the deepest mines in the world. The Minerals Council, led by CEO Roger Baxter, and Anglo American Platinum CEO, Chris Griffith, hosted a media briefing on the National Platinum Strategy for South Africa at Mining Indaba 2019. Mine safety received considerable publicity in 2007, particularly after 3,200 workers were temporarily trapped underground at the Elandskraal mine after a compressed air pipe ruptured due to internal corrosion, broke loose and fell into the man-hoisting shaft. The Bushveld Complex, formed some two billion years ago, is found in the 169 0 obj << /Linearized 1 /O 172 /H [ 1197 610 ] /L 2235338 /E 107541 /N 22 /T 2231839 >> endobj xref 169 30 0000000016 00000 n trailer << /Size 199 /Info 163 0 R /Root 170 0 R /Prev 2231828 /ID[<53c79649653f66cb21f7280fe48694ea><2a537584cbd9798bcb4b0a3a85e66e84>] >> startxref 0 %%EOF 170 0 obj << /Type /Catalog /Pages 162 0 R /Metadata 168 0 R /AcroForm 171 0 R >> endobj 171 0 obj << /Fields [ ] /DR << /Font << /ZaDb 159 0 R /Helv 160 0 R >> /Encoding << /PDFDocEncoding 161 0 R >> >> /DA (/Helv 0 Tf 0 g ) >> endobj 197 0 obj << /S 300 /V 594 /Filter /FlateDecode /Length 198 0 R >> stream 0000008481 00000 n 0000002656 00000 n
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