Mining industry 'forfeits benefits' of world boom due to Transnet, Eskom

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Business News News

South Africa’s mineral production hit a new record of R1.18-trillion in 2022 despite continued logistical constraints at Transnet, says mining industry lobby group Minerals Council South Africa.

06 February 2023 - 10:56Worsening constraints in rail and port logistics have seen the mining industry forfeit the benefits of high commodity prices and demand, says Minerals Council South Africa. File photo.South Africa’s mineral production hit a new record of R1.18-trillion in 2022 despite continued logistical constraints at Transnet, mining industry lobby group Minerals Council South Africa said on Monday.

Council CEO Roger Baxter said the new production record highlights the mining industry’s continued contribution to the public purse.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Private sector performs despite this incompetent myanc GovernmentZA (and CyrilRamaphosa )

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines