Mining stymied by myriad challenges

19 Mar

Dimakatso Leshoro

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

Loading, please wait...

0:00

Mine workers at Gold Fields South Deep mine in Westonaria, south-west of Johannesburg. A decline in employment figures for the sector shows that SA is losing its lustre.

Siphiwe Sibeko

BUSINESS

Production volumes have fallen 20% from 2010’s, despite a growth in profits, according to analysts.

The industry has been brought to its knees by innumerable problems, primarily load shedding, freight transport issues, declining investment because of crime and delays in issuing prospecting rights by the department of mineral resources and energy.

Read this for free

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

Already a subscriber? Sign in

Next on City Press

Shein under fire in South Africa

19 Mar

description

username

Show Comments ()