Mining companies in South Africa need to begin to to realize the iportnace of Innovation in order to be able to compete at a global level Innovation will be the key for mining companies and should be implemented in every area of their operations Innovation can help mining companies mitigate and manage risks strengthen business models and
Get PriceAlthough South Africa may consider itself an unlikely target for state to state attacks the threat of being collateral damage is real So too is the danger posed by hacktivists cyber activists or lone individuals with criminal intent Given this risk exposure South Africa should learn from best practices elsewhere
Get PriceJun 9 2022Two of the four most significant minerals in South Africa s commodity footprint are at risk of reduced demand in the future thermal coal and platinum group metals PGM—platinum palladium rhodium In terms of sales volume thermal coal and PGMs are the largest mining sectors in South Africa accounting for 50% of total sales in mining
Get PriceIt is fairly common for lenders to take security over mining assets in South Africa This security generally takes the form of share pledges mortgages over mining rights and general and special notarial bonds over mining equipment However lenders should carefully consider the provisions of section 11 of the MPRDA before taking security over
Get PriceIllegal mining is on the rise in South Africa and presents challenges that need to be addressed from a range of perspectives It takes place at abandoned mines and at operating mines with illegal miners often operating under dangerous conditions The growth in illegal mining could be attributed to the combination of a difficult socio economic
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Get PriceIt is common for lenders to take security over mining assets in South Africa This security generally takes the form of share pledges mortgages over the mining rights and general and special
Get Price6 days agoAccording to data from Stats SA mining production fell by per cent year on year after a drop of per cent the previous month The last time the industry experienced a consecutive decrease of this magnitude was between February 2024 and February 2024 at the height of the Covid 19 pandemic
Get PriceJun 14 2022Following the South African government s landmark decision in late 2024 to increase the licensing threshold for embedded generation projects from 1 MW to 100 MW mining companies in South Africa are expected to spend as much as $ billion on renewable energy projects in the near term
Get PriceDec 16 2021Mining security faces three main challenges harsh conditions large areas and high costs for installing comprehensive solutions Compared to commercial use security systems mine security systems must work in harsh environments Dust humidity fog low light heavy water flow flammable gases and extreme temperature are common
Get PriceAug 23 2021In 2024 South Africa s share of global mining exploration expenditure was $ down % from 2024 making it sixth in Africa and only % of global exploration spend its lowest place in decades and a devastating statistic for a country whose geological attractiveness should by rights make it a top global player Reduced exploration has knock on effects on the pipeline of
Get PriceDale South African Mineral and Petroleum Law par Anglo Operations Ltd v Sandhurst Estates Pty Ltd 2024 2 SA 363 SCA at par 16 Section 3 of the MPRDA Franklin and Kaplan The Mining and Mineral Laws of South Africa 79 For example a right to prospect under the Minerals Act provided that If the owner of land not held under
Get PriceUnique Security Challenges That Affect Mines in South Africa Crime syndicates tend to target mining areas where they enter into criminal plots with vulnerable members of the surrounding communities and even coerce these communities into cooperating with them These bully tactics place the mines and jobs of the people who work for them at risk
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Get PriceThe mining and quarrying industry declined by % quarter on quarter seasonally adjusted and annualised based on the latest GDP numbers released by Statistics South Africa Stats SA for Q1 2024 Decreases in production was recorded for Iron Ore and Coal for Q1 2024 compared to Q4 2024 And we know coal mining is currently the biggest
Get PriceAug 3 2022Illegal and unregulated artisanal gold mining on the Witwatersrand Basin located south of South Africa s Gauteng province is an increasing threat to community industrial and state security
Get PriceSep 9 2022South Africa can t be a preferred destination for criminality for drug smuggling human trafficking heists and now illegal mining by foreign nationals The Minister of Minerals Resources and Energy Mr Gwede Mantshe explained that illegal mining is a function of illicit financial flows and is quite distinct from artisan mining which is a formal activity undertaken by citizens
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Get PriceThe Centre´s main focus is on Southern Africa more specifically South Africa Zambia Zimbabwe and the Democratic Republic Congo where mining is one of the most important Industries These markets will contribute to the security and diversity of the German resource supply and will be markets for German technology products and services
Get PriceMining Security South Africa s mining sector and the cost of crime By Press Releases November 12 2024 667 Facebook Twitter Pinterest WhatsApp With illegal mining now costing the South African economy around R21 billion a year according to the Institute of Security Studies ISS mine owners are under mounting pressure to tighten
Get PriceNov 4 2021During a webinar hosted by industry body the Minerals Council South Africa on modernisation s role in boosting junior mining in South Africa presenters highlighted some of the technologies that
Get PriceThe key seems to lie in changing the existing perceptions of both foreign and local investors of the South African mining industry Phil Hopwood Global Mining Leader at Deloitte suggests three of these priorities to be for government to focus on reducing the risks of foreign investment implementing a more robust regulatory environment and proving competitiveness in productivity
Get PriceIn 2024 the mining sector contributed R351 billion to the South African gross domestic product GDP A total of 456 438 people were employed in the mining sector in 2024 Each person employed in the mining sector has up to nine indirect dependants The mining sector has for many years attracted valuable foreign direct investment to South Africa
Get PriceIn 2024 alone the industry made a contribution of $ billion to the country s GDP The main mining sectors in South Africa are coal platinum gold and diamonds Minerals Diamonds gold coal iron ore chrome copper emerald fluorspar ilmenite lead manganese nickel phosphate silica tin vanadium uranium zinc and zircon
Get PriceNov 9 2022The zama zama industry is symptomatic of South Africa s economic policies that have failed to transform the mining industry from one dominated by global conglomerates and elitism to one that
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Get PriceOct 10 2022South Africa s Witwatersrand Basin is still the world s largest gold resource but according to Minerals Council South Africa the country s gold accounts for only % of global production Mining for gold in South Africa is more expensive than in many rival African producers as many of the remaining resources are deep underground with mine temperatures among the hottest in the world
Get PriceThe South African Human Rights Commission has released a scathing report on the damage mining in the country is posing to human rights The conclusion paints a dark picture [T]he mining sector
Get PriceSecurity 007 Gauteng Freestate Gauteng North West Province Security 007 Solutions Security 007 Guarding and Protective Services is a proudly South African security company registered as 007 Innovations Pty Ltd registration number 2024/026723/07 trading as Security 007 PSIRA registration number 2437576 Security 007 is a newly e
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