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SA iron-ore mining presents exciting growth opportunities. Iron-ore producer Kumba Iron Ore's presentation on creating a growing and sustainable iron-ore and steel value chain in South Africa reports that iron-ore mining presents exciting growth opportunities and could double to about 100-million tons a year between 2015 and 2020, up from 48-million tons a year in 2008.
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Mining and minerals in South Africa. Aug 16, 2012· Mining and minerals in South Africa 16 Aug 2012 Share on Facebook Tweet on Twitter South Africa is a world leader in mining The country is famous for its abundance of mineral resources, accounting for a significant proportion of world production and reserves, and South African mining companies are key players in the global industry
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mining sectors to aggregate output in the South African economy, rather than with the aggregate volume of sales of the sector.4 Over the 1970-98 period, the proportional contribution of the mining sector to total value added in the South African economy has more than halved, declining from 21.3% in1970, to 9.9% of the private sector’s GDPin 1998.
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The decreasing importance of gold mining in South Africa. Monthly gold production reached a new monthly low in January, according to data released by Stats SA 1.Although a number of temporary factors might have contributed to the unusually low level, general historical trends show that gold has lost the prominent place it once had in the South African economy.
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South Africa is a world leader in mining. The country is famous for its abundance of mineral resources, accounting for a significant proportion of world production and reserves, and South African mining companies are key players in the global industry. Kumba Iron Ore’s massive operations in the Northern Cape include Sishen Mine and Kolomela Mine.
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