The pace of contraction in annual mining production eased off in August as both the local and global economy opened up further, hinting that the industry may be one of the first to regain some of the ground lost to the coronavirus pandemic and lockdown.    

But economists warn that the recovery is likely to come up against the long-standing structural issues that plagued mining before the pandemic, including uncertainty over electricity supply and tariff increases.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now