A changing production profile away from gold into bulk commodities extracted mechanically from open pits combined with higher mineral prices gave the SA mining sector a shot in the financial arm. 

For investors in 26 JSE-listed mining companies, dividends rose to five-year highs as free cash flows increased, with notable improvements in production of manganese, chrome and iron ore, while gold, the mainstay of SA’s economy for more than a century, continued to struggle, according to PwC’s SA Mine 2019 report.

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