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Nationalizing South African mines: an enonomic

2013-4-11  Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining sector and economy. A strong case against nationalization

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To Nationalize or Not? The Pros and Cons of South Africa ...

2009-11-19  Nationalizing the mines could significantly decrease foreign investment in South Africa's mining industry, as investors would see their investments at risk with government ownership of the industry. These investments allow the mining industry to provide jobs and growth in the industry and wealth to South Africa, which is necessary to foster the ...

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Is South Africa nationalizing its mining industry? The ...

2012-6-30  JOHANNESBURG, South Africa — South Africa’s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

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Nationalizing South African mines : an economic assessment

Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining sector

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Debate on Nationalising the Mines in South Africa

2010-2-6  A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized. The demand was predicated on fulfilling the vision of the Freedom Charter, which was adopted at Kliptown in 1955 as the ‘manifesto’ of the liberation struggle.

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(PDF) Nationalizing South African mines: An enonomic ...

2012-12-1  Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from ...

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Nationalisation Of The Mines In South Africa Economics

This is without the indirect effects of mining; if these effects are taken into account another 500 000 jobs are likely to exist. I believe that the private sector already has the necessary capital as well as human resource proficiency to maintain and sustain this sector. Therefore there is no reason to nationalize the mines in South Africa

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South Africa says no to mines nationalization - MINING.COM

2012-2-6  The mining sector in South Africa contributes 9.6% to GDP and employs 3.1% of the country’s labour force. In 2010 the sector contributed 15.3% of country’s exports.

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Mining in SA - Minerals Council South Africa

2 天前  Economic activity in modern-day South Africa has been centred on mining activities, their ancillary services and supplies. The country’s stock exchange in Johannesburg was established in 1887, a decade after the first diamonds were discovered on the banks of the Orange River, and almost simultaneously with the gold rush on the world-famous Witwatersrand.

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Modernisation - Minerals Council South Africa

2021-8-29  Mining is an integral part of how humans and technology, will build a socially just world keeping within its ecological limits. Using technology to enable a more modern mining sector, South African mining will become globally competitive, attract the best talent, and ultimately contribute even more as we re-imagine our economy and society.

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Is South Africa nationalizing its mining industry? The ...

2012-6-30  JOHANNESBURG, South Africa — South Africa’s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

Get Price

Nationalizing South African mines : an economic assessment

Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining sector

Get Price

The Advantages And Disadvantages Of Nationalisation In

Industry expert warning: Nationalizing South Africa mining will scare ... Oct 7, 2010 ... The nationalization of South Africa mining would scare off investors at a time ... investment is needed most to help create jobs, say industry experts. ... "Look at the advantages first before rushing to nationalize mines,” says...

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Mining in SA - Minerals Council South Africa

2 天前  Economic activity in modern-day South Africa has been centred on mining activities, their ancillary services and supplies. The country’s stock exchange in Johannesburg was established in 1887, a decade after the first diamonds were discovered on the banks of the Orange River, and almost simultaneously with the gold rush on the world-famous Witwatersrand.

Get Price

South Africa's Mining Industry - South African Market

2020-2-17  We take a look at a few highlights/low lights of South Africa's mining industry as published by Statistics South Africa Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining

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The Role of Mining in the South African Economy

mining sectors to aggregate output in the South African economy, rather than with the aggregate volume of sales of the sector.4 Over the 1970-98 period, the proportional contribution of the mining sector to total value added in the South African economy has more than halved, declining from 21.3% in1970, to 9.9% of the private sector’s GDPin 1998.

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The impact of the proposed nationalisation of South ...

2017-9-28  The impact of the proposed nationalisation of South African mines on employment in the platinum sector ii Abstract Many forums have been recently organised in South Africa to discuss the level of State intervention in the minerals sector, the expropriation of private mining companies, and the transfer of mineral wealth to the people.

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TRANSFORMATION OF THE MINING SECTOR OF SOUTH

2021-8-13  The Mining Charter is an agent of transformation in the mining sector and its continuous updating must be the focus of all stakeholders given the lifespan of the Mining Charter. Thinking about tomorrow and planning ahead to a sustainable future is of importance to South Africa and is, therefore, vital for the implementation of strategies to take

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The role of mining in the South African economy

aggregate South African mining sectors. As such our concern is with the net contribution of the mining sectors to aggregate output in the South African economy, rather than with the aggregate volume of sales of the sector.s Over the 1970-98 period, the proportional contribution of the mining sector to

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DEPARTMENT OF ENERGY

2013-10-21  South Africa; Projected Values (2010-2050), Model Output) ..... 8 Figure 3-3: Percentage Share of Gross Value Added (Source: Historical Data ... The mining sector includes mining of all commodities through different mining techniques. (In the analysis mining is included within industry). The residential sector (households) includes all personal ...

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Mining industry in South Africa, nationalizing ...

2012-7-1  JOHANNESBURG, South Africa — South Africa's mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

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The impact of the proposed nationalisation of South ...

2017-9-28  The impact of the proposed nationalisation of South African mines on employment in the platinum sector ii Abstract Many forums have been recently organised in South Africa to discuss the level of State intervention in the minerals sector, the expropriation of private mining companies, and the transfer of mineral wealth to the people.

Get Price

TRANSFORMATION OF THE MINING SECTOR OF SOUTH

2021-8-13  The Mining Charter is an agent of transformation in the mining sector and its continuous updating must be the focus of all stakeholders given the lifespan of the Mining Charter. Thinking about tomorrow and planning ahead to a sustainable future is of importance to South Africa and is, therefore, vital for the implementation of strategies to take

Get Price

South Africa's Mining Industry - South African

2020-2-17  We take a look at a few highlights/low lights of South Africa's mining industry as published by Statistics South Africa Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining

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SA Mine 2020 (12th edition) - PwC South Africa

Enabling infrastructure, supporting supply chain and mine-to-market logistics would provide immediate recovery benefits and enhance long-term sustainability. Investment can only be attracted to South Africa if the mining industry can be cost competitive with its global peers. The mining sector demonstrated its resilience during the past year.

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SA Mine 2020 - PwC South Africa

Gold mining companies had an increase of 35% in revenue. Revenue for the ‘other mining’ segments increased by 7%. The impact of the COVID-19 pandemic was evident from April 2020, with reductions in revenue being seen across the industry. South African PGMs and gold are mainly mined in deep-level underground mines and were therefore hardest hit.

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Coal - Minerals Council South Africa

2021-9-2  Coal mining’s advent in South Africa can best be traced to the start of gold mining in the late 19 th century, particularly on the Witwatersrand, with the first coal in appreciable tonnages being extracted on the Highveld coal field close to the nascent

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The role of mining in the South African economy

aggregate South African mining sectors. As such our concern is with the net contribution of the mining sectors to aggregate output in the South African economy, rather than with the aggregate volume of sales of the sector.s Over the 1970-98 period, the proportional contribution of the mining sector to

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DEPARTMENT OF ENERGY

2013-10-21  South Africa; Projected Values (2010-2050), Model Output) ..... 8 Figure 3-3: Percentage Share of Gross Value Added (Source: Historical Data ... The mining sector includes mining of all commodities through different mining techniques. (In the analysis mining is included within industry). The residential sector (households) includes all personal ...

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Africa's pandemic-hit mining sector faces

South Africa - a leading producer of platinum, palladium, chrome and gold - was the worst-hit African nation, with overall mining exploration budgets at a 17-year low. The Democratic Republic of ...

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