Energy

The issue of labour has emerged as one of the most salient challenges faced by South Africa’s mining sector. In early 2012 wildcat strikes in Impala Platinum’s Rustenburg plant, the world’s largest platinum mine, ended in rioting and a six-week production stoppage that cost the company 3000 oz per day. By August unrest had spread to Lonmin’s...

In December 2012 the governing African National Congress (ANC) finally settled the issue of nationalisation of mines that had spread alarm through the sector for much of the year. “The issue of nationalisation as we have discussed during the past few months is off the table. The ANC affirms its historical position on this topic – strategic...

The mining industry in South Africa is the fifth largest in the world, and today it accounts for around 5% of the nation’s GDP. The sector remains one of the country’s most important sources of employment, providing 16.2% – or nearly 1.4m – of the total formal non-agricultural jobs, according to a recent study by Quantec, an economic and...

The low cost and relative abundance of South Africa’s coal has assured it a central place in the nation’s economic life; according to the Chamber of Mines of South Africa, in 2012 94% of domestic electricity generation was derived from coal-fired thermal power stations, which consume about 130m tonnes of the 250m tonnes produced annually in...