Performance of the sector amid a global commodity price boom has proved a saving grace for the pandemic-hit SA economy
Bumper commodity prices have driven net profits of SA’s mines 285% to R274bn, leading to record dividends for shareholders and a tripling of taxes paid to the government to reach R91bn.
The solid financial performance of the domestic mining sector was an inevitable theme of PwC’s 13th edition of its SA Mine report, released on Tuesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Smuggled explosives emerge as the lifeline of illegal miningOf grave concern is the illegal miners’ disregard for safety in their blasting operations, threatening lives of the public.
Read more »
Limpopo among the country’s mining capitals, says Gwede MantasheHe was delivering the keynote address at the two-day Limpopo Mining Investment Conference in Polokwane
Read more »
OUR BURNING PLANET: Mantashe punts ‘clean’ coal at mining summit while Cabinet colleagues pitch green energy finance to rich countriesWhile he supposedly had to attend to a family commitment that precluded his attendance at a significant green finance meeting, Gwede Mantashe’s verified Twitter account was sharing videos of the minister extolling the virtues of coal mining and power to delegates at the Limpopo Mining Investment Conference.
Read more »
Child killed as vehicle rolls several times on Gauteng highwayA child was killed in Lanseria on Sunday night after a crash on the N14.
Read more »
Child killed as vehicle rolls several times on Gauteng highwayA child was killed in Lanseria on Sunday night after a crash on the N14.
Read more »
Don't write off SA's URC teams just yet, says former Lions man'They're good teams with good individual players,' said the Scotland international.
Read more »