Dip in gold sector hits SA mining output
Chamber of Mines CEO Roger Baxter says mining production in South Africa has shrunk since 1993.
JOHANNESBURG - Chamber of Mines CEO Roger Baxter says mining production in South Africa has shrunk since 1993 and that's mostly because of the fall in gold mining.
The Gauteng government is hosting a two-day economic indaba which seeks to create a think tank between government, civil society, industries and the private sector.
Economic sectors have been split into seven commissions and discussions are underway with government and various stake holders and industry experts.
The Mining and Mineral Beneficiation Commission, chaired by MEC for infrastructure development Jacob Mamabolo, has invited independent analysts, industry role players and labour to give input to help improve the sector.
Baxter says mining production has shrunk in South Africa. "We've seen quite a big fall in productivity."
Independent mineral policy analyst Dr Paul Jourdan says 58% of mining projects in the Southern African Development Community are in South Africa and the industry needs to be modernised.