We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Mining is a sunset industry. No matter how deep we dig or how far we go, minerals are finite, and their extraction becomes more challenging every year. The Minerals Council SA has stated that over the past decade, multi-factor productivity in SA has fallen 7.6%. Mining output has declined 10% and minerals sales have contracted 11%.

However, though we know at some point we will run out of mineable resources, it is projected that there are still about $2.5-trillion of mineral resources in the country. No picture of SA’s future is complete without taking into account what mining can contribute to the economy. And harnessing technology is the only way we will be able to get the most out of our mining resources in ways that are efficient, effective, and responsible. ..

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 articles from our international business news partners; 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

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.