the impact of the iron mining industry on the south african economy

the impact of the iron mining industry on the south african economy

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  • South Africa's mineral wealth

    South Africa has numerous important mineral resources, notably gold, iron, and , Gold mining was the mainstay of South Africa's economy, but dwindling , of iron ore in Africa, which is not only used locally in the steel-making industry, but....

  • Tough choices facing the South African mining industry - SciELO

    vol115 issue6 Predicting the probability of Iron-Rich Ultramafic Pegmatite , The mining industry in South Africa finds itself in a difficult situation , Keywords: Strategy, choices, community, social impact, scenarios, portfolio , Globally, mining companies are facing a series of economic, financial, and operational challeng...

  • Chinese involvement in extractives in South Africa | Open Society ,

    4 Oct 2012 , The impact on the industry has been a job loss of almost 40 percent, with little , The Kumba Group exports iron ore to, and owns a zinc mine in China , Chinese investment in South Africa's mining sector is, however, limited (only , profitability in commodity sales, with little involvement in local economi...

  • Effects of the Mining Strikes on the South African Economy ,

    18 Jul 2014 , Industries such as petroleum, basic chemicals and iron ore were also directly affected Sluggish economic growth prompted the Reserve Bank....

  • Mining industry of South Africa - Wikipedia

    Mining in South Africa has been the main driving force behind the history and development of Africa's most advanced and richest economy , South Africa is also a huge producer of iron ore; in 2012, it overtook India to become the world third , The Vredefort Dome impact which lies within the basin and the nearby Bushveld....

  • Book 3: Migration, Land and Minerals in the Making of South Africa ,

    Their socio-economic power was taken from them in a very systematic way , The mineral wealth of South Africa can be roughly classified into four categories: , diamonds, silver);; metallic minerals (copper, chrome, iron ore, manganese, , The diamond mining industry attracted men with money, and they became richer...

  • Export Rail Lines Impact Positively On Sa's Economic Development ,

    13 Feb 2004 , The export rail lines linking the Northern Cape iron ore industry to port , have impacted positively on economic development in South Africa...

  • Chinese Slowdown Impacts Iron Ore Market | Investopedia

    31 Aug 2015 , Red-hot demand for iron ore (from which iron is extracted), driven by such countries , Why is iron ore so essential to economies worldwide? , Major suppliers of iron ore include Australia, Brazil, India, South Africa and,....

  • The South African Commodities Industry - Commodity HQ

    24 Jun 2015 , Summed together, the value of SA's exports in coal and iron ore amount , show the truly huge economic impact that mining has on the country...

  • AFRICA INVESTMENT-Mining retains iron grip on South African ,

    29 May 2014 , AFRICA INVESTMENT-Mining retains iron grip on South African economy , The industry is entrenched in the South African economy in other ways , means the impact of lost wages for example spreads through the country...

  • Steel industry strategic for SA's growth | IOL

    31 Aug 2015 , Steel adds R26bn to the economic value of SA's iron ore and if this , had very serious negative consequences for economic growth, industrial....

  • Minerals | Statistics South Africa

    7 Oct 2016 , The South African formal sector employment shrank by 67 000 jobs in the second , employed in the formal non-agricultural sector of the South African economy , Figure 1 shows the severe impact of the global read more » , Annual mining production was up by 3,5% in 2015, following a drop read more »...

  • South Africa's economy: key sectors | Brand South Africa

    21 Nov 2007 , The sector contributed 152% to South Africa's GDP in 2013, making it , The local industry's largest export market remains Europe, despite the effects the , It comprises basic iron ore and steel, basic non-ferrous metals and....

  • Mineral resources | South African Government

    Mining plays a pivotal role in South Africa's socio-economic development , chromium and vanadium-bearing titanium-iron ore formations and industrial....

  • China's economic downturn and its implications for the world ,

    The impacts of China's current economic situation can be felt beyond Chinese shor , South Africa's economy strongly relies on the mining sector , The country's terms of trade have also declined, due to the coal and iron ore price drops...

  • Troubles in South Africa's mining sector start to affect the economy ,

    14 Oct 2012 , “In our view, the strikes in South Africa's mining sector will likely feed into , port worker strikes could disrupt the country's coal and iron ore exports , if the strikes in the transport sector worsen the impact of the mining unrest...

  • The Role of Mining in the South African Economy - KPMG South ,

    23 Dec 2013 , That South Africa has been built on the back of mining is no understatement , into account the social and environmental impact of the industry....

  • South African mining production plummets 18% | MINING

    13 May 2016 , Iron ore output slid 214 percent, coal production dropped by 158 , huge implications for the broader South African economy," said economist Mike , bad consequences for other industries including transportation, security,....

  • Investigate aspects of mining in south africa - Gr8 Technology

    The mining industry is one of the most important contributors to the economy in South , mining in South Africa, as well as the impact that mining has on communities, social , Figure 1: The oldest iron mine in the world - Lion Cave in Swaziland....

  • A brief history of mining in South Africa - South African Tourism

    While there is no doubt that South Africa had a very active iron ore-, tin- and , on the back of which the country's modern industrial economy has been built, was....

  • Background Information

    In 2009, according to the Chamber of Mines of South Africa, the industry , In 2009, South Africa's mining industry was the largest contributor by value to black economic , further downstream processing and adding value locally to iron, carbon steel, , Most commodity prices declined in 2009 due to the impact of the global....

  • Mining and minerals in South Africa - SouthAfricainfo

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  • The importance of coal | Statistics South Africa

    11 Jun 2015 , The coal mining industry contributed approximately R37 billion to the economy in , In 2013, coal contributed R51 billion to South Africa's economy, , sales in 2014, followed by PGMs (21%), iron ore (16%) and gold (13%)2...

  • Mining Health and Safety in South Africa - The African Business ,

    Impact of Nigerian Oil Must Be Greater on Citizens , The Mine Health and Safety Inspectorate of South Africa are very clear about the ways in which they , A paramount concern within the South African mining industry is the rising infection of....

  • External factors challenge South Africa's record of strong economic ,

    For example, the GDP of primary industries contracted by 93% in the second , From January to June 2015, South Africa's biggest export was iron ore , with some crashing, has had a strong impact on revenues and therefore the economy...

  • Investigate aspects of mining in south africa - Gr8 Technology

    The mining industry is one of the most important contributors to the economy in South , mining in South Africa, as well as the impact that mining has on communities, social , Figure 1: The oldest iron mine in the world - Lion Cave in Swaziland....

  • South Africa's economy: key sectors - Brand South Africa

    ...

  • Job cuts to escalate in South African mines as global economy slows

    15 Feb 2016 , CAPE TOWN - Job losses in South Africa's mining sector are likely to , Iron Ore have announced they will cut thousands of jobs in South Africa , Grootes at the World Economic Forum in Davos about the impact of US....

  • Commodity markets limp into 2015 | Business | M&G

    19 Dec 2014 , Iron ore prices were hit particularly hard this year, falling to $73 a tonne from $136 , from an investment-focused economy to a consumer-oriented one Iron , South African export coal prices have fallen from $84 a tonne to $65 , said the lower commodity prices would undoubtedly have an impact on tax....

  • Mining in South Africa | Projects IQ

    The South African mining industry was characterised by a sudden influx of fortune , that mining in South Africa still contributes significantly to the country's economy, , Iron ore is mined in Sishen and Thabazimbi, and more than 80% of South....