current challenges facing mining industry in South Africa

Putting the shine back into South African mining

Last but not least, the internal challenges faced by South Africa's mining industry are compounded by a flat global growth outlook for the country's main commodities. For the period to 2030, the revenue pool outlook is flat for commodities that make up more than 60 percent of South Africa's mining revenue.

The Future of Mining in Africa Navigating a Revolution

The Future of Mining in Africa The second domain are the regulatory shifts in African mining, and the actions that this regulation incentivises. In South Africa this includes the recent mining charter, whereas the rest of Africa is working through issues from nationalisation through taxation amendments. Managing the …

Tough choices facing the South African mining industry

The current mining situation Globally, mining companies are facing a series of economic, financial, and operational challenges. South African mining companies must also account for uniquely local issues with profound operational implications. Some of the pressing issues are shown in Figure 1.

South Africa: Key issues and challenges

Mar 21, 2017· Several challenges have plagued the South African mining industry in particular over the past few years – a key driver of the country's economy. Besides declining commodity prices, labour union rivalry escalated labour issues, resulting in one of the more prolonged and violent strikes in the country's history.

Challenges of working in mining | Anglo American

Addressing challenges. Tailings management is becoming an ever-bigger challenge for the mining industry. Ore grades are generally declining – as the best known deposits are steadily being depleted – causing us to need more ore to yield the same amount of metals and minerals.

Mining in South Africa: Industry challenges in 2020

Apr 04, 2020· Mining in South Africa: Industry challenges in 2020. The mining industry in South Africa is complex and extensively governed by legislation and controlled by regulation, yet still, there are several issues likely to raise challenges in 2020. These include proposed amendments to the regulations published in terms of the Mineral and Petroleum ...

Mining in Tanzania: Status and Challenges - Resource ...

Jan 15, 2010· Tanzania's mining sector has grown rapidly in recent years. This study provides background information on the industry, its impacts, and the legal and political environment of its operation. It argues for a joint effort of all stakeholders to overcome typical challenges of the extractive resource industry in Africa, in order to make Tanzania the "best performer in her class".

Key challenges facing SA mining industr

1 Key Challenges Facing The Mining And Minerals Sector In South Africa Daniel Limpitlaw, School of Mining Engineering, University of the Witwatersrand, Johannesburg

"Opportunities and challenges facing the South African ...

The South African Mining Industry The future The global mining industry Back to the "BOOM" RSA Coal Mining Sector Coal, key issues: –254.7 MT local production, R69 billion in sales in 2010. –Only 65.7mt exported in 2010 vs >70mt target. –Rail constraints big challenge. –RSA needs extra 100MT of coal production by 2020, +/- 75 MT

Mining problems: SA in crisis mode - IOL

Aug 06, 2015· But in light of the difficulties facing the industry, it was evident yesterday that the industry would press ahead with measures to ride out the current turmoil. ... Mining is South Africa…

Mining industry challenges and ... - South Africa

Aug 20, 2014· There was also an abundance of available skilled and unskilled labour. He concluded that the mining industry was a microcosm of the South African society, and if we find solutions to the mining industry challenges, then we have the blueprint to manage South Africa's challenges…

MINING IN SOUTH AFRICA: THE CHALLENGES AND THE …

Mining in South Africa: the challenges and the opportunities 2 September 2016 18 • Non-gold mining sector can grow at 3-5% pa, resulting in more balanced country growth rate (double size of non-gold mining by 2028). • If mining had grown at same pace as rest of economy between 1994 and 2013, country's growth rate would have been 4% (not 3.2%)

The four biggest challenges facing mining in 2016/2017

The four biggest challenges facing mining in 2016/2017 Market oversupply as big companies continue to produce to drive out competitors Efficiency and cost cutting - smaller miners will struggle to cut both costs and investments while still remaining viable Stakeholder demands - there will be increasing difficulty balancing stakeholder demands from shareholders, governments and labourers ...

African mining – opportunities and challenges

Dec 31, 2012· Obstacles facing the mining industry in Africa. The African mining industry is facing many challenges. Chief among them is the still low base of the mining activity. A number of African countries depend on extractive resources for revenues and export earnings but mining faces huge challenges related to environmental degradation and social issues.

Problems in the mining industry in South africa - ECDPM

Feb 01, 2013· Maastricht: ECDPM. The 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 ...

Ethical challenges facing mining companies? | Phil Vernon ...

Feb 05, 2018· Last week a friend who knows I have spent a fair amount of time working on mining/oil and with mining/oil companies in recent years asked me what are some of the major societal challenges facing mining companies in the next few years. My response …

Opportunities and challenges facing the South ... - Africa

Roger Baxter. Chamber of Mines. Presentation at the South African Colliery Engineers' Association at their 2011 Annual General Meeting dealing with the current opportunities and challenges facing the South African mining Industry. South Africa. Mining. Creating alternatives. Finance. Presentation. English. Looks at the challenges facing the South African mining industry, focusing on mining and ...

Corporate Social Responsibility in South Africa's Mining ...

the concept and role of CSR in the mining industry of South Africa. The mining case study reviewed here demonstrates that key implementation challenges are a lack of co-ordination and alignment with the government's development plans, at both national and local …

Not all doom and gloom for SA mining industry

Feb 01, 2019· Despite key challenges facing the SA mining industry in 2019, I believe that with continuous conversation, engagement, and the building of trust among business, labour, and government, and through...

Prospecting for solutions: The challenges of South Africa ...

The history and economics of mining and minerals in South Africa. Mining in South Africa dates back thousands of years as the gold trade created a link to the Persian Gulf and Arabian Peninsula. (13) However, it was not until the mid-nineteenth century, with the arrival of the British, that the serious exploitation of valuable gold resources began.

Challenges faced by the South ... - Mining Review Africa

Nov 17, 2014· By Warren Beech, partner and head of mining at law firm Hogan Lovells. The various challenges being faced by the South African Exploration and Mining Industry are generally summarised into 8 key challenges, namely: the global financial crisis, and the impact that this has had on global demand, regulatory and legislative uncertainty,