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cost control in the South African mining industry

cost control in the South African mining industry

Activity Based Costing: Challenging the way we cost ...

2009-8-27  time. The South African coal mining industry relies on capital intensive systems to increase productivity so as to compete on the interna-tional market. The underground coal mining industry is capital intensive as a result of it being highly automated. The capital expenditure related to this can often dictate whether a project will be financially viable or

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SA Mine 2020 (12th edition) - PwC South Africa

Investment can only be attracted to South Africa if the mining industry can be cost competitive with its global peers. The mining sector demonstrated its resilience during the past year. It was key in providing support during the pandemic and will be an essential part of the strategy to rebuild South Africa.

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The human cost of South Africa's mining industry -

2015-11-2  The human cost of South Africa's mining industry More than 40 lawyers, representing hundreds of former and current mineworkers, have begun legal steps against South Africa's gold mining industry....

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Allan Gray SA mining and the sunk cost fallacy

SA mining and the sunk cost fallacy Ian Liddle discusses why the challenges in South African mining provide an interesting case study of the 'sunk cost fallacy', a behavioural bias that sees us honouring sunk costs that are irrelevant to decisions which should be based on future costs and benefits.

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SA Mine - PwC South Africa

2016-10-3  The Q3 2016 South African Mining Industry Report by BMI indicated that South Africa has the highest cost of labour as a percentage of total costs among the major producers, averaging around 60%, whereas peers such as the United States and Australia average around 30-40%. The high proportion of labour cost is as a result of labour-intensive deep-

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SA Mine - PwC South Africa

2015-8-12  cost pressures and international demand weakness resulted in shrinking margins and wide ranging impairment provisions. This is the sixth in our series of annual publications highlighting trends in the South African mining industry. The significant decrease in the industry’s profitability fuelled contraction in market capitalisation

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Control in the South African mining industry was and

Control in the South African mining industry was, and still is, a profoundly geographic affair. The production of space involved the entire southern African sub-continent and involved nodes in “labor sending areas” as well as places where mines are located. The refusal of prospective and former workers to take contracts at the wages levels the ...

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The Future of Mining in South Africa Innovation imperative

2021-6-7  South African mining companies’ margins are under pressure. The combination of stagnant or falling global commodities prices and rising input costs are forcing mining companies to make difficult decisions in an attempt to sustain short-term operations, while still

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Mining in SA - Minerals Council South Africa

2021-6-26  In 2018 the mining sector contributed R351 billion to the South African gross domestic product (GDP) A total of 456,438 people were employed in the mining sector in 2018; Each person employed in the mining sector has up to nine indirect dependants; The mining sector has, for many years, attracted valuable foreign direct investment to South Africa

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Leading Practices in TB Control in the South African ...

2017-8-28  Leading Practices in TB Control in the South African Mining Industry KeshniArthur 21 st International AIDS Conference Durban, South Africa 18 July 2016

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Activity Based Costing: Challenging the way we cost ...

2009-8-27  also requires cost benefit analyses so that a decision can be made. As decisions require that estimations be made, there are few exact applicable solutions. Decisions are made on the basis of the information available at that time. The South African coal mining industry relies on capital intensive systems to increase

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SA Mine 9th edition - 2017 - PwC South Africa

2017-10-2  The cost control measures that the industry took ownership for started ... 5 SA Mine 9th edition ighlighting trends in the South African mining industry wC 6 South Africa’s Mining landscape Overview The 2017 financial year was another tough one for stakeholders in the

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The human cost of South Africa's mining industry -

2015-11-2  The human cost of South Africa's mining industry. More than 40 lawyers, representing hundreds of former and current mineworkers, have begun legal steps against South Africa's gold mining industry ...

Get Price

Control in the South African mining industry was and

Control in the South African mining industry was, and still is, a profoundly geographic affair. The production of space involved the entire southern African sub-continent and involved nodes in “labor sending areas” as well as places where mines are located. The refusal of prospective and former workers to take contracts at the wages levels the industry was willing to pay, a form of agency ...

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ESTIMATION OF CAPITAL COSTS FOR ESTABLISHING

2021-3-26  The mining industry plays a critical role within the South African economy. In 2013, the mining industry contributed 4.9% to the South African Gross Domestic Product (GDP) (Statssa, 2014). The mining sector employed 2.8% of the total workforce in South Africa (Statssa, 2014). The GDP and employment contribution of the mining industry to the ...

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The Future of Mining in South Africa Innovation imperative

2021-6-7  South African mining companies’ margins are under pressure. The combination of stagnant or falling global commodities prices and rising input costs are forcing mining companies to make difficult decisions in an attempt to sustain short-term operations, while still

Get Price

Mining Sector Wages in South Africa - lmip.org.za

• the Chamber of Mines, South Africa (e.g., contribution of mining sector to the South African economy, etc.). 1.4 The Changing Contribution of the South African Mining Sector We analyse the contribution of the South African mining sector to the economy using the

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A framework for the introduction of mechanized mining

2009-8-26  platinum mining in South Africa. In the context of this paper, mechanization refers to any machine, process or activity that reduces the human effort required to break or move rock or material in a mine. The following mechanization technologies, among others, have been implemented in South African platinum mines with varying degrees of success:

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Sampling in the South African minerals industry

2014-4-29  In 2009 South Africa’s mining industry employed about 500 000 people or 2.9 per cent of the country’s economically active population (Figure 2), and about 1120 jobs were provided through 112 new small, micro, and medium 64 JANUARY 2014 VOLUME 114 The Journal of The Southern African Institute of Mining and Metallurgy

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These 5 technologies could revolutionise SA mining ...

2018-9-13  It has been a bad decade for South Africa’s mining industry. Once the country’s flagship industry, revenues have flatlined, operating costs have jumped, and the environment is fraught with political and regulatory upsets. But these are five technologies that the Mandela Mining Precinct, launching in Johannesburg on Friday September 14th, is eyeing to change South Africa’s mining

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SA Mine 9th edition - 2017 - PwC South Africa

2017-10-2  The cost control measures that the industry took ownership for started ... 5 SA Mine 9th edition ighlighting trends in the South African mining industry wC 6 South Africa’s Mining landscape Overview The 2017 financial year was another tough one for stakeholders in the

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Mining strikes: The costs to SA’s economy SAnews

2014-3-5  South Africa is a world leader in mining, and mining remains the back bone of the country’s economy. It has been so since the precious metal was discovered in Johannesburg around 1887. The country’s huge and varied mineral reserves play a vital role in the economy, accounting for nearly half of the country’s merchandise exports, including ...

Get Price

South Africa is the most costly country for gold mining

2018-2-13  South Africa is the most costly country for gold mining. Adding to the woes caused by a drop in the market capitalisation of gold in South Africa, the cost of mining the metal has also spiked, making the country the most expensive place to mine metals in the world. New research from UK-based consultancy GFMS shows an all-in sustaining cost

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Review of Water Pollution Problems and Control

Review of Water Pollution Problems and Control Strategies in the South African Mining Industry J O Kempe. J O Kempe ... Review of Water Pollution Problems and Control Strategies in the South African Mining Industry. Water Sci Technol 1 ... Individuals can help sustain this model by contributing the cost of what would have been author fees. Find ...

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Mining Sector Wages in South Africa - lmip.org.za

• the Chamber of Mines, South Africa (e.g., contribution of mining sector to the South African economy, etc.). 1.4 The Changing Contribution of the South African Mining Sector We analyse the contribution of the South African mining sector to the economy using the

Get Price

Mine Accidents and Disasters Department of Mineral

The worst mining disasters in the South African mining industry are listed below: 435 Miners lost their lives on 21 January 1960 at Coalbrook North Colliery situated near Sasolburg, Free State.A complete underground mine area collapse was caused by the disintegration of

Get Price

A framework for the introduction of mechanized mining

2009-8-26  platinum mining in South Africa. In the context of this paper, mechanization refers to any machine, process or activity that reduces the human effort required to break or move rock or material in a mine. The following mechanization technologies, among others, have been implemented in South African platinum mines with varying degrees of success:

Get Price

Sampling in the South African minerals industry

2014-4-29  In 2009 South Africa’s mining industry employed about 500 000 people or 2.9 per cent of the country’s economically active population (Figure 2), and about 1120 jobs were provided through 112 new small, micro, and medium 64 JANUARY 2014 VOLUME 114 The Journal of The Southern African Institute of Mining and Metallurgy

Get Price

The mining sector in South Africa is in recession ...

2019-6-4  The mining sector in South Africa registered its third consecutive quarter of negative growth. This is according to Q1 2019 GDP figures released today by Statistics South Africa (Stats SA). According to the report , a fall-off in diamond, iron ore and coal production pulled the industry

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Environment - Minerals Council South Africa

2021-6-24  However, the mining industry competes for various resources, such as land and water, with other sectors. In South Africa, the situation is exacerbated by a legacy of more than 100 years of mining, which has led to various environmental challenges, for example acid mine drainage, uranium contamination and dust from dumps, among others.

Get Price

SA Mine 9th edition - 2017 - PwC South Africa

2017-10-2  The cost control measures that the industry took ownership for started ... 5 SA Mine 9th edition ighlighting trends in the South African mining industry wC 6 South Africa’s Mining landscape Overview The 2017 financial year was another tough one for stakeholders in the

Get Price

Mining strikes: The costs to SA’s economy SAnews

2014-3-5  South Africa is a world leader in mining, and mining remains the back bone of the country’s economy. It has been so since the precious metal was discovered in Johannesburg around 1887. The country’s huge and varied mineral reserves play a vital role in the economy, accounting for nearly half of the country’s merchandise exports, including ...

Get Price

South Africa is the most costly country for gold mining

2018-2-13  South Africa is the most costly country for gold mining. Adding to the woes caused by a drop in the market capitalisation of gold in South Africa, the cost of mining the metal has also spiked, making the country the most expensive place to mine metals in the world. New research from UK-based consultancy GFMS shows an all-in sustaining cost

Get Price

Review of Water Pollution Problems and Control

Review of Water Pollution Problems and Control Strategies in the South African Mining Industry J O Kempe. J O Kempe ... Review of Water Pollution Problems and Control Strategies in the South African Mining Industry. Water Sci Technol 1 ... Individuals can help sustain this model by contributing the cost of what would have been author fees. Find ...

Get Price

Mine Accidents and Disasters Department of Mineral

The worst mining disasters in the South African mining industry are listed below: 435 Miners lost their lives on 21 January 1960 at Coalbrook North Colliery situated near Sasolburg, Free State.A complete underground mine area collapse was caused by the disintegration of

Get Price

A framework for the introduction of mechanized mining

2009-8-26  platinum mining in South Africa. In the context of this paper, mechanization refers to any machine, process or activity that reduces the human effort required to break or move rock or material in a mine. The following mechanization technologies, among others, have been implemented in South African platinum mines with varying degrees of success:

Get Price

Sampling in the South African minerals industry

2014-4-29  In 2009 South Africa’s mining industry employed about 500 000 people or 2.9 per cent of the country’s economically active population (Figure 2), and about 1120 jobs were provided through 112 new small, micro, and medium 64 JANUARY 2014 VOLUME 114 The Journal of The Southern African Institute of Mining and Metallurgy

Get Price

Mining in South Africa: It’s all downhill

2021-3-29  South Africa’s mining industry contracted by 2.8% in 2019, a trend that has been in place for more than a decade, the Minerals Council said on Monday 3 February.

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The mining sector in South Africa is in recession ...

2019-6-4  The mining sector in South Africa registered its third consecutive quarter of negative growth. This is according to Q1 2019 GDP figures released today by Statistics South Africa (Stats SA). According to the report , a fall-off in diamond, iron ore and coal production pulled the industry

Get Price

Environment - Minerals Council South Africa

2021-6-24  However, the mining industry competes for various resources, such as land and water, with other sectors. In South Africa, the situation is exacerbated by a legacy of more than 100 years of mining, which has led to various environmental challenges, for example acid mine drainage, uranium contamination and dust from dumps, among others.

Get Price