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Granting Eskom the type of tariff hikes it is requesting from the National Energy Regulator over the next few years risks making mining in the country unsustainable, especially deep underground mining, according to Roger Baxter, the CEO of the Minerals Council of SA. Read More

South Africa’s mining industry contributed R356-billion to the country’s gross domestic product (GDP) in 2018, an increase on the R335-billion contribution in 2017, the Minerals Council South Africa ‘Facts and Figures 2018 Pocketbook’ shows. Read More

A year ago, as we arrived in Cape Town for the 2018 Mining Indaba, there was cautious hope in the business community and elsewhere that South Africa’s political set-up was going to change for the better. This was because Cyril Ramaphosa had been elected ANC president the previous December. Read More

The industry contributed 7.3% or R356 billion (US$26.6 billion) to the country's GDP, up from 6.8% in 2017, the council's CEO Roger Baxter and chief economist Henk Langenhoven said Monday at a state of the mining nation media briefing at Mining Indaba. Read More

Wide range of interested parties tells Nersa hearings increases will punish law-abiding citizens, cripple the poor and working class, and sound the death knell for mining Read More

SA’s gold industry will be destroyed if Eskom gets the green light for annual increases of 15% over the next three years, says the Minerals Council SA. Read More

Mining lobby group the Minerals Council South Africa has warned that the industry could lose 150 000 jobs if the National Electricity Regulator of South Africa granted Eskom the 15 percent annual tariff hike for three years under the fourth Multi-Year Price Determination. Read More

SA's gold industry will be destroyed if Eskom gets the green light for annual increases of 15% over the next three years, says the Minerals Council SA. Read More

The Minerals Council SA will be making a submission on Friday, but has already warned that 50,000 jobs hang in the balance along with all but one of the country’s gold mines if Nersa grants Eskom that tariff increase. Read More

State-owned utility Eskom’s proposed tariff increases would cost some 150 000 direct mining jobs, all but eliminate the gold sector and, as a consequence, reduce Eskom’s mining client base by around 36%, thereby exacerbating the utility’s “death spiral”, Minerals Council South Africa chief economist Henk Langenhoven said on Wednesday. Read More