AFRICA STORIES

SA mining profits return to 2014 level

Green shoots are there if one looks "carefully"

Mining sector profitability increased during the December quarter of 2016 (photo: Harmony Gold)

Mining sector profitability increased during the December quarter of 2016 (photo: Harmony Gold)

The good news is things are starting to turn around. According to data released by Statistics SA, the sector’s profits in rand terms, improved by R72.2 billion (US$5.6 billion) from 2015 to 2016. Factoring...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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