Mining industry ‘shot out the lights’ in 2022, Minerals Council says

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

But ports and rail corridors undermined the potential of the sector with the opportunity cost resulting from constraints rising to R50bn in 2022

SA’s mineral production hit a record of R1.18-trillion in 2022 despite continued logistical constraints at Transnet, mining industry lobby group the Minerals Council SA said on Monday.

The council said strong commodity prices were a tailwind for the mining industry with 2022’s mineral production up from the whopping R1.1-trillion recorded a year earlier...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 TimesLive Premium.

 

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

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE | Mining Indaba 2023 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Mining Indaba kicks off today at the Cape Town ICC bringing together the mining community under the theme: Unlocking African Mining Investment: Stability, Security and Supply. I know I'm not suppose to post this here, but I just want to help 50 persons on how to invest and make up to R80,000 within a week without sending money to anybody. If you're interested DM me on Whatsapp.. +27724670422
Source: SABCNews - 🏆 37. / 51 Read more »

Mining in SA is not a sunset industry yet | City PressLate last year, government announced its just energy transition investment plan, which showed that nearly R1.5 trillion would be needed over five years to reach the nationally determined contribution of reducing emissions by 350 megatons to 420 megatons of CO² equivalent.
Source: City_Press - 🏆 7. / 72 Read more »