For over a century, up until the fall of apartheid, the entirety of South Africa’s mining sector was controlled by a small selection of diversified conglomerates, each governed by a group financing model. New, foreign or specialised participation in the sector was a rarity, as the incumbent mining finance houses held titles and rights over unexploited assets.
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Articles & Analysis | Reassessing the sector’s future as the 2004 Mining Charter expires from The Report: South Africa 2014
Interviews & Viewpoints | OBG talks to Ngoako Ramatlhodi, Minister of Mineral Resources from The Report: South Africa 2014
How can local beneficiation of minerals be increased in a cost-effective and sustainable manner?
Articles & Analysis | Impact of new bill on mineral and petroleum resources remains unclear from The Report: South Africa 2014
It seems that every year in South Africa, newspaper headlines are filled with a pending shift in policy direction for the mining sector, but rarely with any results. In 2012 fears were of a populist-driven move towards resource nationalisation, which was subsequently quashed by President Jacob Zuma’s administration, while 2013 saw concerns over a new resources tax.
Interviews & Viewpoints | OBG talks to Neal Froneman, CEO, Sibanye Gold from The Report: South Africa 2014
Articles & Analysis | A focus on government policy during a time of slow demand from The Report: South Africa 2014
South Africa’s mining industry is the fifth largest in the world and the country has around 80% of global platinum reserves, 11% of gold reserves, and some of the largest supplies of chrome ore and manganese. The sector’s contribution to GDP has, however, been on a steady decline, falling to just under 5% in 2013 from 11% two decades earlier. Reversing this trend is a top...
The government has pledged to increase exploration for gas in the National Development Plan and promulgated a 20-year Integrated Resource Plan to diversify the energy mix by boosting nuclear, natural gas and renewable power generation capacities. With an estimated 3.5% of global coal reserves, South Africa has traditionally benefitted from an ample supply of cheap fuel. It has the fifth-most...