Problems in the mining industry in South africa - ECDPM
Feb 01, 2013 · Mining in South Africa has always been an enclave industry, albeit with substantial impact on the rest of the economy. In the main, minerals have been extracted from deep levels, subjected to some basic processing and then exported as ores without a great deal of beneficiation or fabrication.
South African Mining: A Path to Competitiveness and Growth ...
The mining value chain is the historic bedrock of South Africa’s economy. It directly contributes more than 300 billion rand to GDP, directly employs more than 450,000 people, and is the economic anchor of many communities around the country. Unfortunately, much of the news about South African mining in recent years has been negative.
South African mining industry turnaround in financial ...
Dec 11, 2017 · The value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7 billion per year. The South African gold sector has been the most adversely impacted by illegal mining within the industry, according to the companies included in the study.
Cliffe Dekker Hofmeyr - The impact of carbon regulation on ...
Feb 06, 2019 · Given its impact, mining has historically been central to the South African environmental law regime, particularly insofar as it concerns the regulation of water use, waste management and financial provision. With the acute global focus on climate change mitigation,...
THE IMPACT OF MINING ON THE SOUTH AFRICAN ECONOMY …
Remittances to these areas by absent miners are an important source of their income. Most of the shares of mining companies in South Africa belong to large institutional investors, including pension funds. The impact of mining on living standards is not easy to measure.
Mining industry of South Africa - Wikipedia
Mining in South Africa was once the main driving force behind the history and development of Africas most advanced and richest economy. Large-scale 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.
Social impact assessment in the mining sector: Review and ...
The presence of a mine in the territory can also contribute to local development, when mining companies engage in providing and improving local infrastructures (e.g. road network, power and water supply), which in turn allow local populations to access health and education services. All these impacts are typically reported at local level. •
South Africa: The carbon tax impact on mining’s EBITDA ...
As Figure 1 shows, the carbon tax is likely to result in a total US$187.5 million loss in EBITDA across the South African mining industry in 2017, calculated on a total allowance basis. Diversified miners will experience the greatest impact at US$119 million, followed by the gold sector at US$39.6 million.
Social Responsibility in Mining in Africa - Mining Africa
Mining Companies are Taking CSR Seriously. The activities of mining companies often affect the communities in which they operate, and these companies have an obligation to deal with negative repercussions while they are busy with operations, and after they cease operations. Corporate Social Responsibility (CSR) is an integral part of credible mining procedures.
South African indigenous community win environmental ...
South African indigenous community win environmental rights case over mining company. A court has ruled that companies must first seek permission from local communities if they plan to mine on their ancestral land. This represents a new achievement in land and mining rights for South Africa.
South African Coal Mining Industry: Socio-Economic Attributes
The five leading coal mining companies (Anglo Coal, BHP Billiton, Exxaro, Xstrata and Sasol) produce over 80% of the South African coal. The rest is produced by junior miners that comprise the newly established Black Economic Empowerment companies.
The Social and Environmental Consequences of Coal Mining ...
Coal mining in South Africa It was mining that gave South Africa its current shape through processes from the 1880s to 1910. Gold mining took centre stage early, both because of its importance for the British and thus global monetary system and the profits to be made. Cheap
Mining Companies Are Suddenly Positive on South Africa ...
Feb 06, 2018 · South Africa has the world’s largest reserves of platinum and chrome and is the source of one-third of all gold ever mined. Read more: Anglo Sees Momentum on S. Africa Policy: Africa Mining …
impact of gold mining on the economy in south africa ...
Mining Is Still Key to South African Economy - New …. Aug 25, 1987 · By withholding their labor from South Africas gold and coal mines, the members of ... fluctuations in gold prices still have a large effect on the overall economy.
Environmental impact of mining - Wikipedia
Environmental impacts of mining can occur at local, regional, and global scales through direct and indirect mining practices. Impacts can result in erosion, sinkholes, loss of biodiversity, or the contamination of soil, groundwater, and surface water by the chemicals emitted from mining processes. These processes also have an impact on the atmosphere from the emissions of carbon which have ...
(PDF) Impacts of mining on water resources in South Africa ...
Impacts of mining on water resources in South Africa: A review Article (PDF Available) in Scientific research and essays 5(22):3351-3357 · December 2010 with 19,938 Reads How we measure reads
State of Mining in Africa In the spotlight
Mining companies and governments across Africa are at the sharp end of investor, labour, ... This is the second edition of the Deloitte State of Mining in Africa report and is a consolidated . point of view of the Deloitte mining leaders ... could impact the mining sector. Zimbabwe: Zimbabwe’s mining industry