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SOUTH Africa’s mining industry may not be able to keep a restive labour force, shareholders and government happy indefinitely, according to the latest PwC mining survey. The rand helped South Africa’s mining industry, because commodities are denominated in dollars, where a weaker rand favours local mining companies.

In this video we take a look at the dramatic rise in costs in the South African mining industry, the need for all players to realise the dangers of demands for ‘immediate gratification’ and the improved safety record of the mining companies.

More great insights at www.BDlive.co.za.

Source: BDlive

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