· 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. PGM generated the largest portion of revenue (28%),demonstrating a 56% increase from the previous year, overtaking coal
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· MEDIA RELEASE 29 March 2017 Mining industry, 2015 Statistics South Africa presents the Mining industry, 2015 results. Income The total income for the mining industry has increased by 2,2% per annum, from R393,4 billion in
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· Number of people employed in the mining industry in South Africa in the third quarter of 2022 and 2023, by region (in 1,000s) [Graph], Statistics South Africa, November 14, 2023. [Online].
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· Doornkop Gold Mine – 896 koz. With a gold ore reserve base of 896 thousand ounces (koz) and an annual production rate of 80,763oz, the Doornkop gold mine in South Africa’s Gauteng Province has an operational lifespan expected to last until 2036. The single-shaft operation is operated by Harmony Gold and mines to a depth of 2,000m.
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· In 2023, the total assets from the mining industry in South Africa was 1.16 trillion South African rand (around 61.4 billion U.S. Premium Statistic Mining industry revenue in South Africa 2013-2023
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· The South African mining industry employed 514 859 individuals in 2019. If the mining sector is represented by a group of 100 workers, 39 are employed in the platinum group metals sector, 21 in the coal sector and 20 in the gold sector. The iron ore sector is a much smaller recruiter, employing 5 of every 100 employees.
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Gold-Minerals Council South Africa
Key facts and figures. The Witwatersrand Basin remains the world’s largest gold resource. In 2022, the gold sector employed 93,841
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
All sectors reduced their loss of lives by between 14% and 50%, with the gold sector having the biggest reduction of 50%. An analysis of the loss of life trends indicates that the
Jan 2, 2024. In 2023, platinum group metals (PGMs) was the leading commodity in terms of share of revenue. PGMs accounted for 28 percent of the total share. Coal was in the second position with a
· PwC’s South Africa Mine 2023 report warned that South Africa has, on average, less than 50 years of mining of gold, platinum, iron ore, and coal left. The report, which analysed 29 domestic mining companies, showed that combined net income slumped to R108 billion in their latest financial year from a record R206 billion last year.
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Trends in productivity in the South African gold mining industry
The graph shows a decrease from 5.15 g/t in 2005 to 2.91 g/t in 2013. This combination of declining resource grades, declining gold price, and increasing cost-the key value
· In South Africa and many other countries in the Global South artisanal mining occurs mainly in informal and illegal spaces, despite formalisation efforts. In addition, research by the International Institute for Environment and Development (IIED) stated that a lack of knowledge, capacity and political will in governments are challenges that
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· 01: Mponeng Gold Mine – 45.81MnOz. The Mponeng gold mine is the deepest in the world from ground level and at average depths of between 2,800m and 3,400m, the descent from the surface
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· Gold mine production in South Africa 2010-2023 The most important statistics Iron ore mine production in South Africa 2010-2023 South African copper production volume 2011-2020
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Trends in productivity in the South African gold mining industry
According to Statistics South Africa (2009), South Africa still had about 30 years of production in the gold sector, a forecast that fluctuates based on the day's modifying factors. Although South Africa has a comparative advantage in terms of minerals endowment, there are challenges faced by the mining industry that hinder translation of the comparative
South Africa Gold Production, 1990 – 2024 | CEIC Data
South Africa Gold Production data is updated yearly, averaging 262,363.000 kg from Dec 1990 to 2023, with 34 observations. The data reached an all-time high of 619,201.000 kg in 1993 and a record low of 88,883.000 kg in 2022. South Africa Gold Production data remains active status in CEIC and is reported by U.S. Geological Survey.
· Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. At a country level, China was the largest producer in the world in 2022 and accounted for around 10 per cent of total global production. Our interactive gold mining map provides a breakdown
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· MEDIA RELEASE 29 March 2017 Mining industry, 2015 Statistics South Africa presents the Mining industry, 2015 results. Income The total income for the mining industry has increased by 2,2% per annum, from R393,4 billion in 2012 to R419,5 billion in 2015. Comparing 2012 and 2015, large increases were reported for ‘coal and lignite’
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Africa: gold mine production 2021 | Statista
Mar 12, 2024. The total gold mine production in Africa amounted to 680.3 metric tons in 2021. This figure represents an increase of roughly 0.5 percent in comparison to the previous year.
As of 30 June 2023, South Africa has approximately 68Moz of gold reserves declared as proven and probable from all operational mines. Approximately 84% of these declared reserves are concentrated in
· The fall in production has reduced gold’s contribution to the South African economy. The metal contributed 3,8% to gross domestic product in 1993, falling to 1,7% in 2013 2. In terms of sales,
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Mining Sector Report 2023
3 The Sector 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. In 2022, the total revenue of the mining industry was ZAR 747 billion1, underscoring its potential to further contribute to economic development
· An illegal artisanal gold mining industry takes root. South Africa’s Witwatersrand goldfields have produced more than 30% of all the gold ever mined. But in recent decades, large-scale gold
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Gold-Minerals Council South Africa
The Witwatersrand Basin remains the world’s largest gold resource. In 2022, the gold sector employed 93,841 people who collectively earned R28.9 billion. Gold production of 84 tonnes. At the current gold price more than half of the South African gold mining industry is
· This statistic shows the net profit/net loss of mining in South Africa in 2018, by commodity. In that year, the gold mining industry in South Africa recorded a net loss of 13 billion rand. Read more
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MINING IN SOUTH AFRICA: THE CHALLENGES AND THE OPPORTUNITIES
In 2015/16 for the top 40 mining companies: • Commodity prices continued to fall (adjusting to a “new normal”) as demand slowed and oversupply emerged in some commodities. • Revenues fell by 21% to $539bn (2014:$678bn). • Operational costs fell to $419bn (2014: $502bn) • Impairments doubled to $53bn (2014: $27bn).
The fight against illegal gold mining in South Africa faces new
As gold prices soar in the post-pandemic world economy, there are concerns that illegal mining activity in South Africa may be rising sharply. Tackling such a surge may prove difficult, given the history of illegal mining in the country. Sources in the industry have described how they face a number of challenges, including deteriorating law-enforcement
Jun 8, 2023. According to reported quarterly production, Loulo-Gounkoto, in Mali, ranked as the largest gold mine in Africa as of the first quarter of 2021. Owned by Barrick, the mine recorded an