IntegratedAnnual Review 2016

Making Mining Matter

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Letter from the President

Mining remains an important foundation of our society and economy.

MIKE TEKE – President

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Chief Executive’s review

The mining industry needs predictable, stable and competitive mining policy, and legislation that is workable and achievable.

ROGER BAXTER – Chief Executive Officer

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Coal 25 PGMs 22 Other mining and quarrying 13 Other metal ores 24 Gold 16 % Contribution to mining GDP by sector – 2016

ECONOMICS OF MINING

The challenges faced by the mining sector in South Africa continue unabated. Since the recession and financial crisis of 2008, the mining sector has experienced six year-on-year reductions in its percentage contribution to GDP.

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CASE STUDY

One of the most effective pieces of economics work carried out by the Chamber in 2016 was the commissioning of a series of studies into allegations against the mining industry of trade mis-invoicing.

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2016 areas of focus