SYNOPSIS. This paper outlines global and local developments in minerals extraction of relevance to mining companies, equipment manufacturers, and state institutions, and describes a new attempt to revitalize mining in South Africa. This initiative, Operation Mining Phakisa, arises from a multi-stakeholder process and has the potential to ...
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Trend 1: Environmental, social and governance. Now integral to strategy, ESG's scope is broadening, and pressure is growing to improve reporting and transparency. ESG remains the top risk and opportunity for mining and metals companies in 2023. The issue is now firmly integrated within corporate strategies due to its impact on almost …
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Achilles heel of the platinum industry in South Africa is its high mining costs and, in this respect particularly, its high proportion of labour in those costs. The industry must break The implementation of new technology in southern African mines: Pain or panacea by A.S. Macfarlane* Synopsis The introduction of new technology into mining ...
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The mining industry in South Africa has seen significant restructuring and ... gold mining activities resulted in several changes in the industry. ... Technology Ask … Research institute to boost South Africa's mining sector - SciDev.Net
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The industry needs to harness the transformative potential of digital technologies—which could improve the margins of South …
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How changes in technology and automation will affect the labour market in Africa Kerry. A. Millington 22. 02 2017 ... and electronics industry (United Nations Conference on Trade and Development October 2016). ... 67 percent in South Africa to a high of 85 percent in Ethiopia (figure 1). This compares to an OECD average of 57 percent.
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Mining equipment manufacturers and mining companies are increasingly experimenting with hybrid diesel/electric or full electric versions of mining trucks and machinery. The benefits of electrification are even more substantial in underground mines, where exhaust fumes pose a health and safety hazard and must be continuously ventilated.
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In 2020, South Africa's share of global mining exploration expenditure was $77.4m, down 20.5% from 2019, making it sixth in Africa and only 0.95% of global exploration spend – its lowest place in decades and a devastating statistic for a country whose geological attractiveness should by rights make it a top global player. Reduced …
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In 2013, the mining industry contributed 6.7% to South Africa's GDP and was the fifth largest sector in the economy, as shown in Figure 1. Despite the mining industry's relatively small direct contribution to the GDP, it accounted for 19.4% of the total private sector investment in 2013, or 12.2% when the public sector is included.
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Deloitte sees three interacting domains of change that will shape the future of mining: Emergent opportunities from 4IR for mining companies, including what a digital mine will look like and the future of working at a …
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In 1986, 800 South African miners died at work. Since the end of apartheid in 1994, South Africa's mines have gradually become safer. Fatalities reached a record low of 51 in 2019 — still almost one per week on average. During the Covid-19 pandemic, those figures rose again, although to nowhere near their apartheid levels.
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Rather than focusing on complex risks in isolation, we should examine the connections between forces of influence and control. These forces are broadly divided into 'proximate' and 'remote', and provide a way to navigate the future challenges facing the industry. The 16 th edition of the World Economic Forum's Global Risks Report ...
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In comparison, South Africa, the largest producer of platinum at about 72 percent of the world's supply, mined only about US$3.8 billion worth of platinum in 2018, or 4.3 million ounces at an average price of …
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The new-age Long Term Evolution (LTE) technology has the wherewithal to address some of the key challenges being faced by the South African mining industry. South Africa is rich in mineral reserves and the industry generates significant revenue and employs a sizeable workforce. It contributes as much as 6.8% to the country's GDP.
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The mining industry needs to adopt more technologically driven solutions and encourage innovation in day-to-day operations to change this mindset, thereby attracting a diverse workforce.
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Anglo American South Africa's Post ... Diamond Beneficiators, with the aim to facilitate the growth and transformation of the diamond cutting and polishing industry in South Africa. To date, De ...
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The following are some of the key socio-economic contributions made by the industry to the South African economy and to society at large: 453 000 people were directly employed in the mining Industry; R22 billion was contributed to taxes, and R131 billion to employees' earnings; the direct contribution to the GDP was R351 billion, or 7.90 per ...
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The expansion of South Africa's mining industry is closely linked to the ... is likely to change South African mining ... mining-technology is a product of ... Mining, Tunnelling and Quarrying Industry Projects - Mining Technology
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Here are the current 6 key challenges that need to be addressed and mitigated by the mining industry: 1. Climate, Social and Environmental Pressures. This is high on the agenda for many industries, but mining is under severe scrutiny. Mining contributes a significant amount to global greenhouse gas emissions and miners are …
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New technology for addressing the environment impacts of mining, and repurposing of mining land to new ends such as energy and clean water production, biomass …
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The coal-fired steam engine was in many respects the decisive technology of the Industrial Revolution. Steam power was first applied to pump water out of coal mines. For centuries, windmills had been employed in the Netherlands for the roughly similar operation of draining low-lying flood plains. Wind was, and is, a readily available and ...
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The survey asked South Africa's mining community to what extent they were using or planning to use 11 4IR technologies in their businesses over the next five years. The most implemented technologies were Condition Monitoring at nearly 80% across all respondents and Connectivity and IoTat almost 60%. Nearly …
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Politics. South Africa is one of Africa's most industrialised countries and has the continent's second largest economy after Nigeria. In the decades since apartheid ended in the early 1990s, its economy has …
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It was found that, in general, there is a high local content in mining input technologies, particularly as regards technical support services, artefacts, and machine technologies. …
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But South Africa's share of the global mining exploration expenditure dropped a staggering 20.5 per cent in 2020 to rank only sixth in Africa and represent less than one per cent of the global exploration spend – its lowest place in decades and a devastating position for a country whose geological attractiveness should protect its …
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The era of reinvention. Mine 2023: 20th edition. The world's big mining companies must find a new formula for success. The era of critical minerals has arrived, and it's the most momentous change the industry has seen in decades. Miners can no longer depend on yesterday's portfolios and practices to create value in this newly dynamic and ...
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Department of Science and Innovation. The Department of Science and Innovation (DSI) derives its mandate from the 1996 White Paper on Science and Technology, which introduced the concept of the national system of innovation, a set of interacting organisations and policies through which South Africa creates, acquires, diffuses and puts into …
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The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has …
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The mining industry is undergoing major transformation. Mining companies are investing in new technologies and are realising returns in the form of greater equipment uptime and remote monitoring, as well as more efficient and accurate exploration operations. Mining companies that capitalise on the potential of technologies such as the Internet ...
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mining, process of extracting useful minerals from the surface of the Earth, including the seas.A mineral, with a few exceptions, is an inorganic substance occurring in nature that has a definite chemical composition and distinctive physical properties or molecular structure. (One organic substance, coal, is often discussed as a mineral as …
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De Beers is currently investing over R30 billion to develop a modern underground mine at Venetia, in Limpopo – and it includes state of the art technology, …
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Watch: The role of technology in the mining industry By implementing automation operators can remove underground workers from harm's way, and that …
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Currently, the industry is mostly run by white executives overseeing a huge, low-skilled and cheap black workforce but industry and government are trying to change that by increasing black ownership. By the end of 2011, South Africa's mining industry was the largest contributor to economic transformation, with broad-based black economic ...
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In early 2021, the Minerals Council South Africa published a report highlighting how the country's mining industry was increasing its use of technological innovation to transform the sector.
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Two of the four most significant minerals in South Africa's commodity footprint are at risk of reduced demand in the future: thermal coal and platinum group metals (PGM—platinum, palladium, rhodium). In terms of sales volume, thermal coal and PGMs are the largest mining sectors in South Africa, accounting for ~50% of total sales in mining ...
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March 6, 2019 The future of mining in South Africa Mining has always made a significant contribution to South Africa, from its $349.42bn contribution to GDP in 2018 to its role …
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