South Africa has large reserves of Platinum Group Metals (PGM) (Statistics South Africa, 2017). Statistically, the Republic of South Africa holds 33% of global chromium, 77% of …
This land surface also acted as a staging phase for the redistribution and concentration of alluvial diamonds, other gemstones, gold, and large heavy mineral deposits of titanium and …
Mineral Explore Mining Solutions (MEMS), with BEE status, was established in 2015 in the Northern Cape, with the sole intent to deepen and broaden the surface and underground …
"Despite this massive mineral endowment, many believe that the South African economy faces major long-term challenges, amid concerns around its sovereign debt, political corruption and the loss...
This is the Minerals Council South Africa's (Minerals Council's) integrated annual review and it covers the financial year 1 January 2021 to 31 December 2021. This report has been structured around our strategic goals and covers noteworthy events and developments during this period and, in some cases, up to the date of publication.
Historically, the mineral exploration industry has been the heartbeat of South Africa's economic growth (Antin, 2013, p. 1). The industry has attracted significant foreign investment since
1.5.2 Intent. The aim of the policy will be to develop South Africa's mineral wealth to its full potential and to the maximum benefit of the entire population. Government, therefore, will promote the establishment of secondary and tertiary mineral-based industries aimed at adding maximum value to raw materials.
The First 100 IUGS Geological Heritage Sites to be announced in October – EurekAlert Zumaia (Basque Coast UN Global Geopark), home of one of the most impressive stratigraphic …
Sishen is the most important iron-ore mine in South Africa, where operations include extraction and four beneficiation plants. Kumba Iron Ore has the huge Sishen facility at Kathu and Kolomela. Assmang, a joint venture comprising African Rainbow Minerals and Assore, mines at Khumani. The company will spend R2.7-billion on upgrading its Gloria mine.
Mining also provides the feedstock for about 94% of the country's electricity generating capacity. The value of total sales increased by 24.8% to R302.2-billion ($37-billion) in 2010, and the three top-selling minerals – PGMs, coal and gold – accounted for 66.3% of total mineral sales. South Africa's mineral reserves are well-mapped ...
Mineral Sands. The Company, via its 50% owned South African subsidiary, Mineral Sands Resources (Pty) Ltd ("MSR"), is a leading producer of zircon, rutile, garnet and ilmenite concentrates from the high-grade Tormin Mineral Sands Operation on the west coast of South Africa. Tormin is one of the highest grade mineral sands mines in the world ...
The various challenges being faced by the South African Exploration and Mining Industry are generally summarised into 8 key challenges, namely: community activism. The cumulative impact of these challenges, …
The mining exploration budget in Democratic Republic of the Congo (DR Congo) was over 174 million U.S. dollars in 2019, making it the country with the largest mining exploration budget in...
South Africa, home to the world's biggest deposits of a number of minerals, has set an annual target of attracting $900 million of mining exploration expenditure annually by 2025. The target, equivalent to 5% of the annual spend on exploration globally, is expected to kick start a mining industry, that while among the world's biggest, has ...
The large-scale gold mines operating in South Africa include the record setting TauTona Gold Mine, which extends 3,9 km underground. TauTona means "great lion" in …
Exploration drilling allows the mining sector to probe the contents of known ore deposits and allows geologists to extract and examine core profile samples ... Geomech Africa recently completed a 3-month geotechnical survey for Foskor …
MINROM has extensive experience in planning, managing, and executing drilling programmes, including percussion drilling, reverse circulation (RC), and diamond drilling (core). Drilling management Prospecting & mining rights Development, preparation, compilation, and submission of prospecting and mining right applications.
The South African Human Rights Commission released a report in 2018 that highlighted an element of the Protected Areas Act that governs the granting of mining licences in the country, where the minister of environmental affairs and minister of mineral resources are empowered to overrule a law preventing mining operations from taking place in ...
Some of the largest mining in Africa projects include: Ruighoek Mine (South Africa): This project has a capital value of over R 40 billion. A refurbishment of an older mine, it's …
Mineral exploration is a complex process involving rigorous field work to collect data and conceptualization to fit the data into a plausible theory. Mineral exploration proceeds step by step taking into account aerial photographs, satellite imagery, geological maps, geophysical maps, and geochemical maps to delineate areas of interest.
The first diamonds were uncovered at the site of the Big Hole in 1871. Until the mine's closure in 1914, up to 50,000 miners excavated the deepest hole ever dug by hand, extending 215 metres underground. While the mine would yield 2,720kg of diamonds and help establish the De Beers mining company, which remains a major industry player to this day.
AFRICAN MINERAL EXPLORATION is an Primary Co-Operative business incorporated in South Africa on March 4, 2002. Their business is recorded as In Business. The activity is registered as MINERAL EXPLORATION IN AFRICA AND RELATED ACTIVITIES. It is not part of a group. The company has no filed accounts. The company was incorporated 20 …
applicants in South Africa. Compliance with the same provisions of the Act and the Regulations thereto are required. Rehabilitation of Mine Mining is a temporary use of the mining, prospecting or exploration area. On completion of the mining activities the right holder has an obligation to rehabilitate the land, it is
We have expertise in mineral exploration, economic geology, mining geology (underground and open pit), mine engineering and development, infrastructural and socio …
Gold dominance While South Africa was the world's biggest producer of gold for decades, production has slumped as its deposits get deeper and more expensive to access. …
Mining is an international business and South Africa has to compete against developed and developing countries to attract both foreign and local investment. Many mining projects in South Africa have tended to be unusually large and long term, requiring massive capital and entailing a high degree of risk.
South Africa: High-tech mineral exploration in place February 5, 2022 The discovery of new metal and mineral resources is necessary to supply raw materials for emerging technologies. These technologies are required to meet the expectations of billions of people and the demand for higher living standards.
As of January 2022, there are 549 mines in South Africa, all of them listed on Africa Mining IQ. South Africa is a mineral-rich country and listed as the largest producers of platinum (1st), coal (3rd), gold (6th) and diamonds (7th). South Africa's mineral profile is large and diverse, with many opportunities for international and local investors.
Unlike many other jurisdictions, it appeared that South Africa did not actively promote its mineral deposit endowment – perhaps in part due to the country's historic dominance in mineral production. The country has for over a decade attracted less than 1% of global exploration investment annually. LEARN MORE ABOUT SRK CONSULTING
Any person (including the owner of the surface rights) who wishes to exploit mineral resources in South Africa is required to first apply for and obtain the appropriate right under the MPRDA....