THE DIAMOND MINING INDUSTRY OF SOUTH AFRICA RUFUS MATHER BAGG INTRODUCTION The discovery in 1866 of a 211/4 carat diamond by a Dutch farmer Schalk Van Niekerk which was being used as a play thing by some children at Hopetown was an epoch making event in the economic development of South Africa Niekerk
Get PriceSurveyors in South Africa had found astonishing sources of copper in 1854 diamonds in 1867 and gold in the 1880s For the next few decades Europeans established mines throughout Africa In south central Africa a chain of major copper mines stretched from what is now Zambia to present day Congo Kinshasa
Get PriceIn 2024 the mining sector contributed R351 billion to the South African gross domestic product GDP A total of 456 438 people were employed in the mining sector in 2024 Each person employed in the mining sector has up to nine indirect dependants The mining sector has for many years attracted valuable foreign direct investment to South Africa
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Get PriceThe Venetia diamond mine which opened in 1992 is De Beers Consolidated Mines flagship operation Situated 80km from Musina formerly Messina in Limpopo Province and involving an investment of R1 1bn $400m the mine is South Africa s largest diamond producer with an output of about 4Mct of diamond Venetia has been operated by De Beers with …
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Get PriceSouth Africa Table of Contents South Africa s modern history has often been dated from the first commercial mining of diamonds and gold in the 1870s and the 1880s when the region became a magnet for European investment see Diamonds Mining in the region predated European arrivals by several centuries however as the new government recalled in its minerals policy statements in 1994 and 1995
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Get PriceMinerals Council South Africa commemorates Marikana 16 August 2024 It has been 10 years since the tragic events at Marikana that changed our industry and our country While we remember the 44 people who lost their lives and the families whose futures were irrevocable changed let us recommit to continue working together to ensure that these
Get PriceSouth Africa is also part of the G 20 an international forum for the world s top 20 economies 27 South Africa was once the world s number one producer of gold although 2024 reports ranked South Africa sixth in the world producing around 6 percent 164 5 tonnes of the world s precious metal from its 35 mines
Get PriceProduction cost sales expense management fee unforeseen expenses tax = $2 06 million Annual Profit • $35 5 million $2 06 million = $33 44 million • $71 25 million $2 06 million = $69 19 million • Total annual profit between $33 44 million and $69 19 million Emerald prices have increased by 10% 15% per year in the past
Get PriceA booming mining industry led to the rapid growth of Johannesburg a central town in frontier South Africa Within a decade Johannesburg was the largest city in the country When miners reached a zone of pyrite in 1889 the mining slowed because it was not known how to extract gold from sulfides at the time
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Get PricePoor Black African men from rural areas of South Africa continue to disproportionately provide workforce for the mining sector [23] In addition to being historical sites for the economic
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Get PricePhotographs 255 images Mines mineral deposits and mining equipment in California taken by Frederick W Horton 1933 FH SEE ALSO 70 20 70 4 RECORDS OF THE ECONOMICS BRANCH 1900 52 History Established in 1926 as a research unit Initially composed of Coal Mines and Metals Mineral Resources and Statistics and Petroleum Economics
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Get PriceKalaka s limestone is currently being mined near Northam a town in the Waterberg District Municipality in the Limpopo province approximately 50 km south of Thabazimbi Kalaka s deposit is unusual and unique in that it is calcitic limestone not the more prevalent dolomitic limestone commonly occurring in South Africa
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