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Economic Impacts of Gold Production in South Africa

2011-8-6  a robust economy with modern financial systems. Revenues from mining have provided South Africa with a vibrant infrastructure and a manufacturing sector comparable to developed countries. With the recent increase in the price of gold and the worldwide economic slowdown, investment in gold has increased, with investors seeking safe haven investments.

SURFACE MINING AND ITS SOCIO-ECONOMIC IMPACTS

2009-10-15  Gold dominates the mining sector and the country is Africa’s second largest gold producer after South Africa. 1.1 Objective The objective of the study is to assess the socio-economic impacts and challenges of mining, using Gold Fields Ghana Ltd., which is the leading producer of gold in Ghana, as a case study. The company is located in Tarkwa

Gold mining contributes to socio-economic

This lists includes all the countries in which Gold Fields operates, namely Ghana, South Africa, Australia and Pery. Proportionally, however, gold mining has the most substantial impact on growth and wealth creation in developing countries; greatest in Papua New Guinea (15% of GDP), followed by Ghana (8% of GDP) and Tanzania (6% of GDP).

The social and economic impacts of gold mining

2018-7-13  The social and economic impacts of gold mining 70 % of total expenditures by gold mining companies are on payments to suppliers, contractors and employees. One of

EXAMINING THE SOCIO-ECONOMIC IMPACT OF

2017-3-24  The Amajuba District is among one of the major coal mining regions in South Africa, where the mining activities are limited mainly to coal and quarry. Altogether 11 mining rights had been issued in the district as at 2013, with six operational and five pending. The Dannhauser

Examining the socio-economic impacts of mining

Examining the socio-economic impacts of mining on the livelihoods of Amajuba District mining communities. View/ Open. Thesis (826.2Kb) Date 2015. Author. Ngobese, Sihlangu Sixtus. Metadata Show full item record. Abstract. The Amajuba District is among one of the major coal mining regions in South Africa, where the mining activities are limited

The environmental and socio-economic impacts of

2006-1-1  Currently, Tanzania ranks third in continental gold production behind South Africa and Ghana . Rises in mineral production has increased the contribution of the mining sector to national Gross National Product (GDP), which rose from 1.1% in 1989 to 2.3% in 2000,, . However, overall, mining contributes a relatively small share to national GDP, suggesting that the Tanzanian government, despite its successes in attracting foreign investment, has allowed incoming mining

The Role of Mining in the South African Economy

of the eight principal mining industries of the South African economy. Gold mining was distinguished from other mining sectors by virtue of its strong and sustained decline in output, while other sectors either increased their volume of output, maintained constant levelsofphysicaloutput,orwheretheydid report decliningoutput,showed greatercyclical

THE SOCIO-ECONOMIC IMPACT OF MIGRATION IN

2017-11-16  been going on in South Africa since the 1860’s with the discovery of gold in the Witwatersrand and diamonds in the Orange Free State. The discovery of these precious stones led to the high demand for cheap contract labour by the mining industry during the apartheid era. All the countries surrounding South Africa like

The effects of policy on mining in South Africa

2018-10-3  Eunomix has completed an independent empirical analysis of the impact mineral policy has had on the performance and socioeconomic contribution on the mining sector in South Africa over the past 20 years. The report outlines how mineral policies drive the operational, performance and investment decisions of mining producers.

Economic Impacts of Gold Production in South Africa

2011-8-6  South Africa Department of Minerals and Energy (2007). South Africa is estimated, by the US Geological Survey, to have 6000 metric tons of gold reserves. A full 95% of South Africa's gold mines are underground operations, reaching depths of over 2.5 miles. Coupled with declining grades, increased depth of mining, and a slide in the

Socio Economic Impacts Of Gold Mining 1359

One of such activities is mining which is an important economic activity with the potential of contributing to the socio-economic development of an area. Although in South Africa, it is on a downward trend from its peak some decades ago (from 21% contribution to GDP in 1970 to just 6% in 2011), the mining

SURFACE MINING AND ITS SOCIO-ECONOMIC IMPACTS

2009-10-15  Gold dominates the mining sector and the country is Africa’s second largest gold producer after South Africa. 1.1 Objective The objective of the study is to assess the socio-economic impacts and challenges of mining, using Gold Fields Ghana Ltd., which is the leading producer of gold in Ghana, as a case study. The company is located in Tarkwa

The Role of Mining in the South African Economy

mining has often been viewed as the locomotive of South Africa’s economic development.1 Historically such a perception certainly carries much validity. In this welfare impact on the South African economy. Historically the investment rate of the of the eight principal mining industries of the South African economy. Gold mining was

Examining the socio-economic impacts of mining

Examining the socio-economic impacts of mining on the livelihoods of Amajuba District mining communities. View/ Open. Thesis (826.2Kb) Date 2015. Author. Ngobese, Sihlangu Sixtus. Metadata Show full item record. Abstract. The Amajuba District is among one of the major coal mining regions in South Africa, where the mining activities are limited

Assessing the Environmental and Socio-Economic

2017-5-28  assessing the socio-economic status of mining-dependent areas and on the socio-economic costs or effects of mine closures and their views on future development of mines [13,14]. There appears to be very little overlap between the two fields of research on gold mining, and there is

An Investigation of the Socio-Economic Benefits of Small

2021-3-1  Keywords: artisanal small-scale gold mining; socio-economic impact; mining legislation; poverty al-leviation 1. Introduction 1.1. Overview of Artisanal and Small-Scale Mining in Africa For decades, mining has been regarded as one of the most significant economic activi-ties in Africa.

The effects of policy on mining in South Africa

2018-10-3  South Africa’s mineral policy interventions over the past two decades have had a detrimental effect on the economic contribution and performance of the sector. Furthermore, these interventions have failed to deliver some of its key socio-economic objectives the overall efficacy of South Africa

Socio-Economic Impacts of Artisanal and Small-Scale

2018-10-17  gold deposits as well as points for washing and panning of rock materials for gold recovery, thereby causing contamination of these sources by heavy metals. 2. AIM AND OBJECTIVES The study is aimed at assessing the impacts of Artisanal and Small Scale mining on the socio-economic aspects of the populace and the environment.

Social impact assessment in the mining sector:

2018-8-1  Finally, some authors stress that the high diversity in the socio-economic performance of the mining activity depends on a mix of factors which include also the company structure, the typology of mine operation, the commodity extracted and the general social and demographic conditions of the interested area (Wilson, 2004, van der Ploeg, 2011).

Economic Impacts of Gold Production in South Africa

2011-8-6  South Africa Department of Minerals and Energy (2007). South Africa is estimated, by the US Geological Survey, to have 6000 metric tons of gold reserves. A full 95% of South Africa's gold mines are underground operations, reaching depths of over 2.5 miles. Coupled with declining grades, increased depth of mining, and a slide in the

Socio-economic Contribution of Gold Mining in the

2015-6-1  Socio-Economic Contribution of Gold Mining in the Yellowknife Mining District 1 South African gold mining industry, and on exploration projects in east, west and southern Africa and in the Middle East. Note: All financial values are expressed in

Socio Economic Impacts Of Gold Mining 1359

One of such activities is mining which is an important economic activity with the potential of contributing to the socio-economic development of an area. Although in South Africa, it is on a downward trend from its peak some decades ago (from 21% contribution to GDP in 1970 to just 6% in 2011), the mining

SURFACE MINING AND ITS SOCIO-ECONOMIC IMPACTS

2009-10-15  Gold dominates the mining sector and the country is Africa’s second largest gold producer after South Africa. 1.1 Objective The objective of the study is to assess the socio-economic impacts and challenges of mining, using Gold Fields Ghana Ltd., which is the leading producer of gold in Ghana, as a case study. The company is located in Tarkwa

The socio-economic impacts of mine closure on

2018-3-6  This paper investigates the socio-economic impacts and coping strategies adopted by the local community of Pilgrim’s Rest in Mpumalanga following the closure of the gold mine. A questionnaire-based survey, administered through face-to-face interaction with the local community and the stakeholders, was the main instrument used to obtain the data.

Examining the socio-economic impacts of mining

Examining the socio-economic impacts of mining on the livelihoods of Amajuba District mining communities. View/ Open. Thesis (826.2Kb) Date 2015. Author. Ngobese, Sihlangu Sixtus. Metadata Show full item record. Abstract. The Amajuba District is among one of the major coal mining regions in South Africa, where the mining activities are limited

Assessing the Environmental and Socio-Economic

2017-5-28  assessing the socio-economic status of mining-dependent areas and on the socio-economic costs or effects of mine closures and their views on future development of mines [13,14]. There appears to be very little overlap between the two fields of research on gold mining, and there is

An Investigation of the Socio-Economic Benefits of Small

2021-3-1  Keywords: artisanal small-scale gold mining; socio-economic impact; mining legislation; poverty al-leviation 1. Introduction 1.1. Overview of Artisanal and Small-Scale Mining in Africa For decades, mining has been regarded as one of the most significant economic activi-ties in Africa.

Socio-Economic Impact of Mining Gold World

2015-6-2  Socio-Economic Impact of Mining Gold. 2 June, 2015. Sectors: Supply, Gold production. Download. An independent report produced for the World Gold Council by development economics agency Maxwell Stamp. This study builds on the other research detailed here, with a wide range of additional industry sources, and provides a broad and detailed set of

Socio-Economic Impacts of Artisanal and Small-Scale

2018-10-17  gold deposits as well as points for washing and panning of rock materials for gold recovery, thereby causing contamination of these sources by heavy metals. 2. AIM AND OBJECTIVES The study is aimed at assessing the impacts of Artisanal and Small Scale mining on the socio-economic aspects of the populace and the environment.