The coal craze and growing pains: The year that was for SA mining | Business

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It was never dull for the mining industry in 2022 as it tumbled from the previous year's highs and into uncharted territory. | News24_Business

What a difference a year makes. For mining in South Africa, the industry fell from extreme highs in 2021, as most commodities saw prices soften while inflation also began biting the bottom line.

Deal-making also came to the fore this year, although no one could have guessed how many plot twists would lie ahead. News24 Business takes stock of the eventful year that was.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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Germany cuts Russian share in gas use by more than half in 2022 | BusinessGermany slashed its consumption of Russian gas this year amid lower flows and a drive to diversify supplies after the war in Ukraine. The share of Russian gas consumed in Europe’s biggest economy dropped to about 20% this year from 55% in 2021. They are buying more South African coal but Ramaphosa wants to close coal plants How much did their prices increase?
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