The South African Iron Ore Cluster Page 2 2.0 HISTORY OF SOUTH AFRICA In 1652, Dutch settlers landed at the Cape of Good Hope to develop farming for ships en route to.
South Africa is rich in a variety of minerals. In addition to diamonds and gold, the country also contains reserves of iron ore, platinum, manganese, chromium, copper, uranium, silver, beryllium, and titanium. No commercially exploitable deposits of petroleum have been found, but there are moderate quantities of natural gas located off the southern coast, and synthetic fuel is made from coal at two large plants in the provinces of Free State and Mpumalanga.
Coal is another of South Africas valuable mineral products. Large known deposits lie, mostly at easily mined depths, beneath the Mpumalanga and northern Free State Highveld. Coal is produced primarily for export to East Asia and Europe and for the generation of electricity.
Manufacturing has depended heavily on foreign capital it expanded rapidly in the 1960s and early 70s but grew relatively slowly or even contracted during the 80s. As mining gradually declines, manufacturing and its need for foreign capital take on even greater importance for national development. About one-fourth of manufacturing output is exported.
Sep 17, 2015nbsp018332Anglo Americans flagships Sishen iron ore mine in South Africa is tenth in terms of iron ore output with 36Mt of iron ore mined out in 2014.
Fresh from losing its status as continent leader to Ghana, South Africas gold industry suffered a further blow yesterday with output in the sector plunging 19.5percent year on year in April, dragging down production in the whole mining sector with it.
South African gold production has declined by more than 54percent since 2005, for reasons including increased depth of mining, less working time at the face due to greater distances from shaft infrastructure, declining grades, rising costs and stoppages.
Reneacute Hochreiter, a mining analyst at Noah Capital Markets, said the gold sector was fast approaching its sell-by date and that platinum, manganese and coal held more promise.
If you add in total costs, including capex, most of South Africas gold production is loss-making. The resources are very deep and the cost of getting those resources is so high that it is not worth it, Hochreiter said.
I dont see South African gold production reaching the kind of tons it did 15 to 20 years ago. Production will basically continue to decline because of the costs.
Output in the sector this year was also harmed by the five-month strike at Sibanye-Stillwater gold mines by the Association of Mineworkers and Construction Union and power outages that took place in the first quarter of the year.
Statistics South Africa said mining production shrank 1.5percent on a yearly basis in April with declined output in iron ore, chromium ore, nickel and building materials joining gold as the main negative contributors in the period.
Gains were recorded in copper, manganese ore, platinum group metals, diamonds and other non-metallic minerals sectors. On a monthly basis, mining output dropped by 2.3percent, following an increase of 4.2percent month on month in March.
Minerals Council South Africa chief economist Henk Langenhoven said gold production was unlikely to recover to its previous levels.
Golds lower production was accelerated by the Sibanye-Stillwater strike action. However, the Minerals Council has been saying for a long time that more than 60percent of gold mines are marginal or loss-making and the fact that Sibanye is closing shafts is an example of the reality of this, Langenhoven said.
However, with respect to Chinas imports of iron ore and copper, Sub-SaharanAfrica is still a relatively small but growing contributor. China has shown a growing interest in the mining belt of central southern Africa,comprising Zambia, Tanzania, and Mozambique. This area is well endowed with copper,iron, gold, manganese, and other base metals.
Nov 12, 2019nbsp018332China is also the third-largest producer of iron ore. some 448 deals worth around 51 billion U.S. dollars were completed. Mining industry in South Africa M. Garside.
In terms of mineral sales, coal contributed 27 to sales in 2014, followed by PGMs 21, iron ore 16 and gold 13 2. South Africa is the fourth largest coal producer in the world, according to the South Africa Yearbook 201314, published by Government Communications 3. 28 of South African coal.
DRD Gold, one of the first South African companies to abandon traditional mining to focus on extracting gold from tailings. New technology allows it to recover up to 40 of the gold left in particle form in tailings. DRD Gold extracted 33,600 ounces of gold, worth nearly US40 million, in the last quarter of 2013.
Kumba is a supplier of high-quality iron ore to the global steel industry and is focused on creating shared value with a range of stakeholders. Iron ore is the key component in steel, the most widely used of all metals. In South Africa our iron ore operations are made up of a 69.7 shareholding in Kumba Iron Ore Limited Kumba, a leading supplier of seaborne iron ore. Kumba is listed on the Johannesburg Stock Exchange and operates three mines. Sishen and Kolomela mines situated in the Northern Cape and Thabazimbi mine in the Limpopo province.
We have large, high quality iron ore resource in South Africa and Brazil. If you want to find out more about our Brazil iron ore operation, visit their website.
At Kumba, we aim to create and leave a positive legacy wherever we go, especially for the communities in and around our operations. We also strive to operate safely and in a way that looks to eliminate harm to people and to the environment, never forgetting to continue with our Corporate Social Investment responsibilities and to create shared value for all of our stakeholders. To read more about the difference Kumba is making, read the Sustainability section of their website.
Anglo American Group Management Committee, B.Eng.Hons, CEO of Kumba Iron Ore.
Themba is the CEO of Kumba Iron Ore and a member of the Group Management Committee GMC. Prior to joining Kumba, he held the position of CEO of Anglo Americanrsquos coal business in South Africa from May 2014 to 1 September 2016. He previously held the position of Rio Tintorsquos regional general manager for America, responsible for delivering technical and operational improvements across Rio Tintorsquos businesses in the region.
Themba has held a number of senior roles within the resources industry, including COO of Richards Bay Minerals, during which he was responsible for mining, smelting and processing operations. Before that, he was a managing director with the Huntsman Corporation in South Africa.
May 20, 2019nbsp018332History of mining in South Africa Early industrial developments. The first mine to be constructed in what is now South Africa began operations in 1852, a copper project that would go on to form the cornerstone of the town of Springbokfontein, today Springbok, in the Northern Cape province.
Dec 09, 2019nbsp018332When mining industries are well managed, countries like Peru, Chile, and Botswana have seen massive economic growth. Mining is crucial for developed nations as well. For example, mining makes up 20 of South Africas total GDP and employs over 1 million people. People estimate that South Africa sits on over2.5-trillion in mineral reserves.
Of all the metals that make modern life possible, steel is the most widely used and iron ore is its main ingredient.
Iron ore is needed for train tracks and other types of infrastructure, which is one reason for the great demand from emerging economies such as China and Brazil.
Address: Zhengzhou High-tech Industrial Development Zone, China