Mining in South Africa was once the main driving force [1] behind the history and development of Africa's most advanced and richest economy. [2] Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery of the Kimberley pipes a few years later.

Apr 8, 2024 · Since then, the mining industry has become hugely important to the country, contributing roughly 202 billion South African Rand (roughly 10.9 billion U.S. dollars) in 2023 to South Africa’s...

This list of mines in South Africa is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.

5 days ago · The South African mining industry contributed 6% of the country’s total nominal GDP during the first three quarters of 2024, or R432.7 billion in monetary terms.

The Comprehensive Facts and Figures 2024 Pocketbook highlights the vital role of mining in South Africa’s economy and society. The book showcases the industry’s contributions, challenges, and opportunities for sustainable growth.

Oct 4, 2023 · South Africa’s overall mining profits slipped by more than $5 billion in the last financial year. A new report says the country's once-dominant gold production industry might have less than 30 years of viability without renewed investment.

Although gold, diamonds, platinum and coal are the most well-known among the minerals and metals mined, South Africa also hosts chrome, vanadium, titanium and a number of other lesser minerals. Key mining facts:

South Africa’s mining industry is the fifth largest globally in terms of gross domestic product (GDP). The mining sector contributed R356bn or 7.3% to South Africa’s GDP and accounted for 25% of the country’s total export earnings. Platinum, coal …

Oct 1, 2024 · In 2024, the South African mining sector saw a significant increase in deal values. The increase in deal values aligns with global trends, driven by the quest for critical minerals essential for the energy transition.

Apr 17, 2024 · Mining in South Africa has for decades been considered a flywheel of the South African economy, and it remains a major contributor to the economy today. In 2023 it contributed 6.2% to the country’s GDP.