https://www.miningweekly.com

DMR welcomes mineral production increase

13th April 2018

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

JOHANNESBURG (miningweekly.com) – The Department of Mineral Resources (DMR) on Friday welcomed the year-on-year increase in mineral production in February, on the back of higher commodity prices. 

Data released by Statistics South Africa on Thursday shows that mineral production increased by 3.1% year-on-year, with diamonds, iron-ore, manganese ore and coal being the main contributors.

The increase supports the DMR’s view of a resurgence in the sector, following the rise in commodity prices, which supported increased market capitalisation, as well as increased exploration activities, among others. 

Work under way to finalise the Mining Charter, the Mineral and Petroleum Resources Development Amendment Bill and the Vision 2030 for the sector, is expected to entrench investor confidence in the sector and bodes well for the further growth and development of the industry, the department noted on Friday.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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