Mining is an important economic industry in over 100 countries around the world, with South Africa ranking among the top 50 “mining countries” in the world. The industry has helped shape South Africa to a greater extent than any other industry and accounts for a significant proportion of the country’s gross domestic product, foreign exchange earnings and employment. Despite it being recognised as a sunset industry plagued by rising costs, technical difficulties, political hostility and its legacy of diseases and negative environmental impact, South African mining is foundational to the development of all other industries and socio-economic priorities of government and communities. In this conversation, Lerato Mbele speaks to mining analyst and engineer Peter Major and Dr Thalifhani Khubana, founder of the POV group of companies and LEAD 3600 Afrika Innovation and Research about the importance of mining companies ensuring the integration of socioeconomic and environmental issues into sustainable long-term and competitive strategies in order to create value for all stakeholders.
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