Coming in from the coal: South African mining - the year that was

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
0:00
play article
Subscribers can listen to this article
2021 was a year marked by extreme highs and deep lows for mining
2021 was a year marked by extreme highs and deep lows for mining
Getty Images

It was a rollercoaster of a year for South African mining, marked by extreme highs and deep lows. Fin24 reflects on the biggest developments in the sector in 2021.

Record high commodity prices

Nothing characterised the year for mining quite like the continued rally in commodity prices. Producers of platinum group metals smiled all the way to the bank as rhodium prices topped $30 000 an ounce and palladium prices came close to that, peaking at just over $2 950 an ounce in April.

Support independent journalism
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.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
15.57
+1.0%
Rand - Pound
19.66
+0.2%
Rand - Euro
16.71
+0.1%
Rand - Aus dollar
11.15
+0.1%
Rand - Yen
0.12
+0.2%
Gold
1,853.66
0.0%
Silver
22.12
0.0%
Palladium
2,076.50
0.0%
Platinum
956.50
0.0%
Brent Crude
119.43
+1.7%
Top 40
63,883
+1.4%
All Share
70,486
+1.4%
Resource 10
76,948
+0.6%
Industrial 25
76,115
+1.3%
Financial 15
16,257
+2.5%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot