Industry Insight: Mining in South Africa

Information about Industry Insight: Mining in South Africa

Published on August 11, 2014

Author: ArwaldTankerTrailers

Source: authorstream.com

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MINING IN SOUTH AFRICA: MINING IN SOUTH AFRICA INDUSTRY INSIGHT PowerPoint Presentation: A BRIEF HISTORY Mining in South Africa has been the main driving force behind the history and development of Africa's most advanced and richest economy. Large scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs. Diamond and gold discoveries played an important part in the growth of the early South African Republic. The gold mining industry continued to grow throughout much of the early 20th century, significantly contributing to the tripling of the economic value of what was then known as the Union of South Africa GOLD IN SOUTH AFRICA: GOLD IN SOUTH AFRICA FACTS & FIGURES Almost 50% of the world’s gold reserves are found in South Africa. It is estimated that South Africa has produced some 40,000 tonnes of gold since the start of recorded history. The countries wealth has been built up thanks to mining, Gold contributing to 41% of this. There are 35 large-scale gold mines currently operating in South Africa MINED GOLD PRODUCTION: MINED GOLD PRODUCTION COAL IN SOUTH AFRICA: COAL IN SOUTH AFRICA FACTS & FIGURES South Africa produces in excess of 255 million tonnes of coal each year. Three quarters of the coal produced is consumed domestically. Around 77% of South Africa's energy needs are directly derived from coal. 92% of coal consumed on the African  continent is produced in South Africa. DOES COAL PRODUCTION AFFECT THE ENVIRONMENT? Coal accounts for around 86% of the 113 million tons of carbon dioxide emissions that South Africa produces annually. It also represents 40% of the entire African continent’s total cooal derived c02 emissions. Household coal usage is the largest contributor to this, accounting for 65% of the total emissions created. COAL PRODUCTION & EXPORTS: COAL PRODUCTION & EXPORTS WHAT ELSE DO SOUTH AFRICA MINE?: WHAT ELSE DO SOUTH AFRICA MINE? MORE MATERIALS South Africa are the leaders when it comes to diamond production. In 2003, 94% of the nations total diamond output was from the De Beers operations, which accumulates to around 11,900,000 carats. Platinum, Palladium and Chromium are three other major players in the mining market. South Africa produces more platinum and similar metals than any other nation, along with producing around 39% of the world’s palladium. Created by Arwald Tanker Trailers: Created by Arwald Tanker Trailers Thanks for watching!

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