Shrinking mineral reserves pose risk for SA mining towns, says PwC
Six years of gold operations left in the Free State, says PwC study
04 October 2023 - 05:00
Some provinces in SA have as little as six years of mining left based on currently declared resources and reserves.
The gold and iron ore mining industries, in particular, could experience a major ramp-down over the next two decades, and in some provinces much earlier. This would be devastating for the economy, which is still very dependent on the mining sector...
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