The study was done to understand the direction in which South Africa’s mining model is developed and the changes required for South Africa to take its rightful place in the mainstream spheres of economic and commercial affairs. The huge demand for African commodities is creating new opportunities for African governments to realise the hopes of their people for a better life. The objective of this study is to analyse the South African mining model to determine the sustainability of mining in South Africa. It was done by analysing Chrome, Coal and Platinum as selected minerals and metals. A literature study was conducted and the focus was on the reserves and resources that South Africa has in these minerals and metals, the current supply and demand factors and estimates were done on the future demand. The last part was to determine the state of and planned expansions of infrastructure like Electricity supply, Shipping Ports, Rail transport, Road transport and Water supply that mining operations require. Following the literature study, a survey was conducted in order to support the findings of the literature study and to determine the most important factors that can influence investment decisions in the mining sector by evaluating the investor’s acceptability of South Africa’s mineral and resource industry.
It was concluded that the South Africa mining module is well developed with the required skills and knowledge for sustainable mining in the future. It was determined that there would be a future market to maintain a sustainable mining module. The major risk for the sustainable mining module is the reliance on infrastructures required in the mining environment, which is under governmental management. Survey results concluded that South Africa is not an investor-friendly country mainly because of its ineffective administration processes to perform mining. Investors are also seeking for independence of regulatory institutions.
A recommendation for future research would be to determine the optimum South African Governmental needs of the investment in infrastructure capital to ensure that the country’s economy will be able to grow.The study was done to understand the direction in which South Africa’s mining model is developed and the changes required for South Africa to take its rightful place in the mainstream spheres of economic and commercial affairs. The huge demand for African commodities is creating new opportunities for African governments to realise the hopes of their people for a better life. The objective of this study is to analyse the South African mining model to determine the sustainability of mining in South Africa. It was done by analysing Chrome, Coal and Platinum as selected minerals and metals. A literature study was conducted and the focus was on the reserves and resources that South Africa has in these minerals and metals, the current supply and demand factors and estimates were done on the future demand. The last part was to determine the state of and planned expansions of infrastructure like Electricity supply, Shipping Ports, Rail transport, Road transport and Water supply that mining operations require. Following the literature study, a survey was conducted in order to support the findings of the literature study and to determine the most important factors that can influence investment decisions in the mining sector by evaluating the investor’s acceptability of South Africa’s mineral and resource industry.
It was concluded that the South Africa mining module is well developed with the required skills and knowledge for sustainable mining in the future. It was determined that there would be a future market to maintain a sustainable mining module. The major risk for the sustainable mining module is the reliance on infrastructures required in the mining environment, which is under governmental management. Survey results concluded that South Africa is not an investor-friendly country mainly because of its ineffective administration processes to perform mining. Investors are also seeking for independence of regulatory institutions.
A recommendation for future research would be to determine the optimum South African Governmental needs of the investment in infrastructure capital to ensure that the country’s economy will be able to grow. / Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2012
| Identifer | oai:union.ndltd.org:NWUBOLOKA1/oai:dspace.nwu.ac.za:10394/8447 |
| Date | January 2011 |
| Creators | Engelbrecht, Johannes Zacharias |
| Publisher | North-West University |
| Source Sets | North-West University |
| Language | English |
| Detected Language | English |
| Type | Thesis |
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