SA’s mining industry shed almost 7,000 jobs in the second quarter, reflecting a wave of restructurings and retrenchments over the past year as falling prices of platinum group metals (PGMs), rising input costs and logistical challenges continue to weigh on mining companies.
The sharp drop in mining jobs in the past quarter, more than double that of the first three months of the year, took total employment in the industry to 472,000 at end-June, down 1.5% from the midpoint of last year...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.