The mining industry has seen job losses of around 130 000 in the last 30 years.
The Minerals Council of South Africa has reported a decline in total mineral sales to R792 billion in 2023 down from R883 billion in 2022.
The Council notes that transformation in the mining industry over the past thirty years has yielded substantial black-owned and managed companies. The Minerals Council notes the mining industry has seen job losses of around 130 000 in the last 30 years. It also revealed that mineral exports fell by R100 billion in 2023 compared to 2022. It further notes that mineral royalties paid by mining companies also dropped from 25-billion-rand in 2022 to 14-billion-rand in 2023.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DA Federal Council meets on Monday to discuss GNU - SABC News - Breaking news, special reports, world,The DA will also specifically look at the ANC proposal to form a government of national unity.
Read more »
UN Security Council conveys condolences to Malawi - SABC News - Breaking news, special reports, world,'The Secretary-General conveys his sincere condolences to the government and the people of Malawi for the loss of Vice President Chilima. The
Read more »
National Council of Provinces' 54 delegates to be sworn-in - SABC NewsFifty four permanent delegates will be sworn-in at the National Council of Provinces today.
Read more »
Limpopo Premier Ramathuba announces Members of the Executive Council - SABC NewsThe new MECs have been tasked with ensuring that Limpopo becomes an employment hub for young people.
Read more »
Eastern Cape Premier Oscar Mabuyane announces his Executive Council - SABC NewsMabuyane announces his new provincial Executive in Bisho.
Read more »
Exxaro's Nombasa Tsengwa elected president of the Minerals Council of SAExxaro's Nombasa Tsengwa elected president of the Minerals Council of SA
Read more »