What happens at the Mining Indaba stays with mining’s future sustainability
Adapt or die may well apply to SA’s mining sector, but if it adapts properly, mining will remain a ‘sunrise’ industry
In recent years, the SA mining industry has made a declining contribution to the country’s GDP, leading commentators to ask whether it is a “sunrise” or “sunset” industry.
Once the fulcrum of the country’s economy, declining production, lagging cost competitiveness, low levels of exploration spend, labour unrest, policy uncertainty and scepticism about the industry’s readiness for a greener world make its role in the country’s economic and political future less certain. ..