Fueling the South African economy

Fueling the South African economy

Of all South Africa’s mineral riches, the mining of coal has arguably been at the centre of the country’s economic and industrial development.

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Lessons from the past: The gold curse

The discovery of gold in what was later to become Johannesburg resulted not only in wealth, but also in significant social and political problems.

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Diamonds lose their lustre

Finance

Diamond production in South Africa fell by 18% year on year. In the first two months of 2016, mining production was already down by 7.1% and entering into a seasonal downturn, writes Emile Peterson,credit analyst at Coface.

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Drilling gets smarter

In the current protracted tough economic climate, mines’ sustainability and profitability hinge on driving down both operational and maintenance costs, as well as improving efficiencies and productivity.

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