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High commodity prices and cost management measures have buoyed the mining sector. Picture: BLOOMBERG
High commodity prices and cost management measures have buoyed the mining sector. Picture: BLOOMBERG

The mining industry has had a good year. According to PwC, the top 40 miners reported a 32% rise in revenue while net profits more than doubled in 2021. The performance was driven by high commodity prices and cost management measures. Business Day TV unpacked the report with PwC’s Africa energy, utilities and resources leader, Andries Rossouw.

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