https://www.miningweekly.com

Mining production to fall 8% to 10% this year, says Minerals Council

26th May 2020

By: Reuters

  

Font size: - +

JOHANNESBURG/LONDON – South Africa's mining production is likely to fall between 8% and 10% this year due to the Covid-19 pandemic, the CEO of industry body the Minerals Council said on Tuesday during a virtual panel discussion.

Mines across South Africa, the world's biggest producer of platinum and chrome and a leading producer of gold and diamonds, were forced to shut temporarily when a Covid-19 lockdown started in late March.

Harmony Gold CEO Peter Steenkamp said it would take a month for its mines to fully ramp up from June 1 when the country further eases its lockdown, allowing all mines - including deep-level operations - to work at full capacity.

Steenkamp said he did not expect Harmony's acquisition of AngloGold Ashanti's Mponeng mine to be completed before the end of July. Some 196 workers at Mponeng have tested positive for Covid-19, causing the mine to shut down.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Lilak Aluminium
Lilak Aluminium

For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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:0.062 0.088s - 122pq - 2rq
Subscribe Now