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He added that barite pricing has been unstable over the years due to quality issues which members of the association want to have a flat price and market regulation is needed for the industry

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The South African Platinum Mining Industry LBMA/LPPM Conference October 2021 17 Since 2021 the sector has been hard hit by Same issues listed on slide 15 The Marikana tragedy Industrial unrest including an unprecedented 5 month strike in 2021 In 2021 the PGM mining sector was the largest contributor to exports Biggest mining employer 190 000 workers and paid R36 billion in salaries Is

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When most people hear about diamond mining they think of South Africa where diamonds were discovered in 1866 in the Kimberley region A 15 year old boy discovered the now famous carat Eureka Diamond on a farm on the banks of the Orange River That discovery set off a staking rush and power struggle that led to the formation of De Beers Consolidated Mines Limited De Beers

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In many ways South Africa s political social and economic landscape has been dominated by mining given that for so many years the sector has been the mainstay of the South African economy Although gold diamonds platinum and coal are the most well known among the minerals and metals mined South Africa also hosts chrome vanadium titanium and a number of other lesser minerals

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