The impact of mining on the economy and society is best understood through analysis of the value chain, rather than through extraction alone. The mining value chain stretches from the production of inputs—in South Africa, principally capital goods and construction services—to mining itself, to the metals and coal refineries, to export markets and …
The sustainability of the mining industry is contingent on the industry's ability to improve upon the status quo of operational efficiency. The advancement of energy efficient technologies coupled with modern strategies have resulted in large industrial energy efficiency improvements, lowering emissions and wastage. Mine ventilation fans …
The Gold Fields/Wits School of Mining Engineering partnership was established to further the academic knowledge of mechanised mining and rock engineering in South Africa. The partnership aims to expand the …
The forecast of the ARIMA model showed an increase in South Africa's gold production, with a compounded annual growth rate (CAGR) of ∼0.6%. The model also predicted an increase in global gold production, with CAGR of ∼2.2%.
New archaeological and scientific discoveries made by Michael Tellinger, Johan Heine and a team of leading scientists, show that the Sumerians and even the Egyptians inherited all their knowledge from an earlier civilization that lived at the southern tip of Africa more than 200,000 years ago… mining gold in South Africa's Ancient Annunaki ...
For 130 years South Africa has been exploiting its gold resources in Johannesburg. But at what cost? 278 abandoned mines and 200 mining dumps, that contain about 6 billion tons of waste, exist in Johannesburg.For every single gram of gold extracted, 200 kg of waste are produced.
The history of mining in South Africa dates back to the 16th century when the Dutch and Germans started extracting gold and diamonds from the mines near Johannesburg. In 1886, Anglo American Mining Co. discovered gold at Witwatersrand and began operations. The discovery of diamonds at Kimberley in 1867 spurred a gold rush …
Equipping people. for 4IR and digital transformation at Gold Field's South Deep mine. Mining Review Africa spoke to Gold Fields South Africa Executive Vice President Martin Preece, and Vice President for People and Organisational Effectiveness Gerrit Lotz about the importance of equipping people for the inevitable digital …
The tailings dumps originating from gold mining in South Africa's Witwatersrand still contain notable gold endowments. ...,35,36,37,38,39,40,41 hypothesis that greenstone belt orogenic gold ...
The African continent is richly endowed with significant mineral, oil and gas resources, including large reserves of gold. As noted in the previous chapter, the continent is home to a large portion of the world's mineral wealth, including 42 per cent of the world's known gold reserves (Bush, 2008, p. 361).The continent's largest producer of gold, …
The study sought to test the applicability of Hotelling's rule to gold extraction in South Africa. In environmental economics, Hotelling's rule has come to be a pillar of the exhaustible resources framework and in addition to this, it has presented essential insights into the consumption and extraction of non-renewable resources. According to …
Rand Water, PO Box 1127, Johannesburg 2000, South Africa 1 Present address: Kruger National Park, Private Bag X1021, Phalaborwa 1390, South Africa * Corresponding author, e-mail: thomasga@sanparks
As gold prices soar in the post-pandemic world economy, there are concerns that illegal mining activity in South Africa may be rising sharply. Tackling such a surge may prove difficult, given the history of illegal mining in the country. Sources in the industry have described how they face a number of challenges, including deteriorating law …
Profit margins are being squeezed by rising costs and decreasing commodity prices, while labour productivity is greatly affected by intermittent labour unrest. This paper analyses …
South Africa's gold industry has been the country‟s principal revenue earner, resulting in a robust economy with modern financial systems. Revenues from …
Africa is underexplored in part because mining authorities have inadequately managed geological data, and mining companies have considered much of the continent commercially risky.25 For example, a South African strategy to boost exploration cites poor policy implementation, insufficient electricity, strikes and community unrest, and poor …
Tuberculosis (TB) has risen markedly in sub-Saharan African nations over the past 2 decades, with reported annual incidence doubling from 173.6 to 351.7 per 100 000 population between 1990 and 2007. 1,2 Even in the wealthiest country on the continent, the Republic of South Africa, TB incidence more than tripled, from 305 per 100 000 in 1993 …
Based on the empirical results of this study, various recommendations can be presented to organisations in the mining industry of South Africa regarding the antecedents of SV …
This study investigates the effects of coal mining on environmental sustainability in South Africa in relation to the moderating role of institutions. To achieve the study's objectives, the fully modified least square (FMOLS), dynamic least squares (DOLS), canonical cointegrating regression (CCR), Bayer-Hanck cointegration and Toda …
Industrial mining projects can play an important role in global sustainable development if associated health risks are minimised and opportunities maximised. While a broad body of evidence from …
Over 50% of all gold reserves are found in South Africa, with the Witwatersrand Basin remaining the largest gold resource in the world.. In 1975, South Africa was responsible for producing 40% of the gold ever mined. By 2010, however, China affirmed its status as the world's largest gold producer with production of 324 tonnes of gold, followed by …
In this chapter Elbra provides an overview of the gold mining industry in Ghana, South Africa and Tanzania. The chapter begins with an overview of African …
Almost half of the 187,200 tons of gold ever mined in the history of human civilization has come from gold mines in Africa, and most of that from South Africa. In the past 130 years, South Africa's gold industry has weathered wars, prolonged and violent strikes, tragic accidents, resource nationalism (including super-taxes), commodity cycles …
Growth of the Early Gold Mining Industry. On 14 September 1886, the first large mining company on the Reef, the Witwatersrand Gold Mining Company, was formed with a total nominal capital of £3,063,000.
Fine and Rustomjee posit that South Africa has been a leading global supplier of minerals and mineral products for a long time.Neingo and Tholana aver that the mining industry in South Africa directly adds about 7% to the country's gross domestic product (GDP).Also, the industry is responsible for at least R540 billion in exports each …
South Africa's gold-mining industry, and ultimately the economic well-being of the country. Walt, Thasi, Jonck, & Chipunza (AJBER) Volume 11, Issue 1, 20 16, Pp 141-181
The aim of this paper is to provide a practical contribution to the body of knowledge on the impact of loadshedding in South Africa. This study adopted a pragmatic research methodology by using a ...
Highlights In-sample and out-of-sample predictability of South African stock returns examined. Interest rate variables, world oil production and money supply have some in-sample predictive power. Only interest rates, and money supply and the inflation rate show some out-of-sample predictive power. Data mining critical values indicate …
THE GOLD MINING CRISIS In the early years following World War II, the gold mining industry in South Africa faced increasingly serious problems. Costs were skyrocketing …
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Harmony Gold, South Africa's biggest gold producer, became the owner and operator of the Mponeng underground mine by acquiring AngloGold Ashanti's remaining South African assets in October 2020. ... The measured, indicated, and inferred ore resources are estimated to be 52.7Mt containing 23.5Moz of gold. Mining and gold …