South Africa’s iconic mines, from the ever-deepening gold shafts on which the economy was founded to massive iron ore pits and rich platinum seams, are about to go silent.
A South African, small-scale miner displays gold ore his operation dug out of a mine at the heritage park marking the discovery of gold on the Witwatersrand Basin. Image by Mark Olalde. South Africa, 2017.
South Africa’s mining sector is particularly exposed to the spread of Covid-19. According to the Minerals Council of South Africa, the industry employs a workforce numbering almost 420,000, many of whom are underground on any given day. Some mines have thousands of men and women underground, descending into the depths in crowded “cages”.
AngloGold Ashanti, a gold-mining giant, last week announced plans to lay off 8,500 workers, a third of its South African workforce. At Sibanye, many of the zama-zamas are former miners who return ...
gold, most South African operations are at the least competitive end of the global cost curve. These two commodities are responsible for around two fifths of the country’s mining revenues and jobs. For PGMs, gold, iron ore and export coal, we find that 47 percent of South Africa’s mining jobs, along with 42 percent of revenues, are in
The facility, completed in 2002, was the first large grassroots gold mine built in South Africa in 20 years. Avgold wanted the newest technology applied to the plant design, including the broadest possible appli ion of computerized automation.
As a result of the dismal Q4 performance, South Africa’s economy only grew 0.2% in 2019, its worst showing since the throes of global financial crisis in 2009, when it shrank 1.5%.
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