https://www.miningweekly.com

Lorimer decries mining’s production crash, job losses

27th May 2016

By: Martin Creamer

Creamer Media Editor

  

Font size: - +

Mineral Resources shadow Minister James Lorimer last week decried the sharply reduced output of South Africa’s once-colossal mining industry and warned that mining’s “jobs bloodbath” had only just begun.

State statistics compiler Statistic South Africa reported earlier this month that South Africa’s year-on-year mining production had plummeted by a far-greater-than-expected 18%.

“This is on the back of 10 000 job losses quarter-on-quarter reported earlier this month,” Lorimer pointed out in a media release to Creamer Media’s Mining Weekly.

The Democratic Alliance MP also drew attention to the mining industry having to face ballooning prices and prolonged regulatory uncertainty.

He accused the government of neglecting to show leadership on the Minerals and Petroleum Resources Development Act, which had been in legislative doldrums since 2014.

He railed against the new Mining Charter having blindsided the industry.

“Changing the goal posts once again, and now the Energy Minister has announced yet another change with a separate oil and gas bill,” Lorimer carped, adding that South Africa’s 8.9-million unemployed people were looking to government for urgent solutions.

He urged government to ditch the “disastrous legislative proposals currently fumbling their way through Parliament” and to focus instead on making the mining business easier rather than harder.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.118 0.152s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: