THE ECONOMICS OF GOLD MINING TAXATION

THE ECONOMICS OF GOLD MINING TAXATION By KISMORE MANGONDO Submitted in fulfilment of the requirements for the degree of MASTER OF COMMERCE In the subject ECONOMICS at the UNIVERSITY OF SOUTH AFRICA SUPERVISOR PROF TJ STEENEKAMP JUNE 2006

Brief history of gold mining in South Africa

3 ensp 0183 ensp Brief history of gold mining in South Africa INCLUDING MAJOR EVENTS 1873 First large scale production began when alluvial deposits were discovered at Pilgrim s Rest 1884 Gold was discovered in the Witwatersrand which led to an influx of miners from around the world 1886 1900

Occupational respiratory diseases in the South African

22 ensp 0183 ensp the gold mining and asbestos mining sectors little is known about their health effects in sectors in which they are accidentally mined Exposure to these two minerals was the focus of a recent PhD thesis the themes of which are illustrated in Table 1 1 4 The first theme addresses trends in silicosis in the South African gold mining

Mining In South Africa UK Essays

In 2009 South Africa was the fourth largest diamond industry in the world Gold mining has become one the main factors to the growth of South Africa Mining grew with discovery of diamonds and increased with the discovery of Gold Mining has impacted the country of South Africa making it number 2 in foreign exchange earner in the world

Mining and minerals in South Africa

South Africa s mining industries has propelled the development of the country In 2009 South Africa was the fourth largest diamond industry in the world Gold mining has become one the main factors to the growth of South Africa Mining grew with discovery of diamonds and increased with the discovery of Gold

The impact of post gold mining on mercury pollution

The impact of historical use of mercury Hg for the extraction of gold was assessed in watersheds from an abandoned mine in Randfonetin a town located at 45 km west of Johannesburg South Africa which has a long history of gold mining and its surroundings

Mining industry of South Africa Wikipedia

In July 2018 Mineral Council of South Africa announced 75 of mines in South Africa are now unprofitable due to decline in gold reserves Among the nation s gold mines are two of the deepest mines in the world The East Rand Mine in Boksburg extends to a depth of 3 585 metres 11 762 ft

Compiled by Jonathan Crush

Ault D and G Rutman quot The Rural African and Gold Mining in Southern Africa 1980 quot South African Journal of Economics 53 1985 23 Ault D and Rutman G quot The Effects of Social Political and Economic Constraints on the Black African s Allocation of Time Evidence from Oscillating Migrants in the Republic of South Africa quot Oxford

Sibanye to put South African operations on hold amid

26 ensp 0183 ensp Sibanye Stillwater warns of production drop after mine closures in South Africa Credit Sibanye Stillwater Precious metals miner Sibanye Stillwater has started implementing measures to place its South African gold and PGM operations under temporary care and maintenance in wake of nation wide day lockdown in the country

Brief history of gold mining in South Africa Mining for

Chamber of Mines now Minerals Council South Africa founded 1890 South Africa began to slow down in the 1880s as the new deposits being found tended to be pyritic ore and gold could not be extracted from this compound with any of the then available technologies

South African Gold Mining in 2019 in Numbers SA Shares

Production Gold production in South Africa increased 24 9 year on year in December 2019 This performance by gold contributed to the 1 8 increase in mining production for the same period In terms of percentage points gold contributed 2 7 to the increase in mining production

History Of Gold In South Africa In The Witwatersrand

The Witwatersrand is a word in Afrikaans which means The Ridge of white waters It is a range of hills in the Gauteng province South Africa that contains most of the worlds gold reserves These rich gold bearing reefs stretch from 40 miles east of Johannesburg to 90 miles west and even further into the province of the Free State

Mining towns and urban sprawl in South Africa

1 Introduction Mining towns are a common phenomenon in South Africa Historically housing in these towns consisted of privately owned houses exclusively for white miners until the mid s company owned houses and predominantly until the early 2000s high density compounds for black miners

The Haunting Legacy of South Africa s Gold Mines Yale E360

Nov 12 2015 · The Haunting Legacy of South Africa s Gold Mines Thousands of abandoned gold mines are scattered across South Africa polluting the water with toxics and filling the air with noxious dust For the millions of people who live around these derelict sites the health impacts can be severe

The top ten deepest mines in the world

Jun 11 2019 · Kopanang Gold Mine Operated by Harmony Gold Mining Kopanang is located in the Vaal River region in the Free State province of South Africa The mine extracts gold from the Vaal and Crystalkop reefs at depths ranging from 1 350m to 2 240m Scattered mining comprising a single shaft system is used at Kopanang

List of the biggest mining companies in South Africa

READ ALSO Top 5 construction companies in South Africa 2019 List of mining companies in South Africa As said earlier there are lots of mining companies which are based in the country So apart from the ones discussed earlier the following are some other South African mines list that you may want to consider at any time

Parties agree to engage on conclusion of gold wage

13 ensp 0183 ensp Despite having been referred to the Commission for Conciliation Mediation and Arbitration for facilitation the parties have agreed to continue to engage on gold wage negotiations with a view to reach an agreement While progress was made during the latest round of gold wage negotiations on 26 September some unions requested and were granted certificates of non resolution by the CCMA

List of the biggest mining companies in South Africa

There is no doubt that mineral and mining companies have remained part of the biggest companies in South Africa Despite a significant hit on these companies a few years ago which led to the shrinking of many of them it is interesting seeing them pick up with records of unprecedented growth

Gold mining

1 ensp 0183 ensp It is impossible to know the exact date that humans first began to mine gold but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria The graves of the necropolis were built between 47 BC indicating that gold mining could be at least 7000 years old A group of German and Georgian archaeologists claims the Sakdrisi site in southern Georgia dating

Migrant Labour in South Africa s Mining Economy The

For almost a century gold mining has dominated the South African economy Even today after many years of rapid economic growth and diversification the gold mines remain the principal source of foreign exchange and a major contributor of state revenue through taxation

Witwatersrand Gold Rush Wikipedia

Rhodes purchased the first batch of Witwatersrand gold from Bantjes for £3000 This purchase would be the first transaction of the newly formed company Consolidated Gold Fields of South Africa The world s largest gold rush ever had begun and South Africa would never be the same

Job insecurity Assessment causes and consequences in a

10 ensp 0183 ensp of empirical research on validity and reliability studies in terms of job insecurity in South African is evident The main objectives of this research were 1 to establish the psychometric properties of a measure of job insecurity in a selected gold mining company in South Africa 2 to determine the

south africa gold mining

Gold mining in South Africa Taung Gold International Limited South Africa s gold industry rising again With the advancement of technology South African mining engineers have latterly developed the skills and techniques to extract precious gold reefs safely and profitably in the South African goldfields

South Africa Diamonds gold and imperialist

South Africa South Africa Diamonds gold and imperialist intervention 1870–1902 South Africa experienced a transformation between 1870 when the diamond rush to Kimberley began and 1902 when the South African War ended Midway between these dates in 1886 the world s largest goldfields were discovered on the Witwatersrand

What s left in the wake of South Africa s abandoned gold mines

Jan 15 2016 · Blyvooruitzicht is but one of thousands of abandoned mines scattered across South Africa many from the gold industry With recently shuttered mines adding to the massive impact of those left derelict years ago the country faces a growing environmental health and social crisis created by a withering gold industry and inadequate oversight

Good as Gold South Africa s Problem with Illegal Gold

Nov 20 2014 · Whether South Africa s Illegal Gold Mining Problem Is Measured in Revenue Security Risks or Human Lives in the End Everyone Loses South Africa is the world s fifth largest producer of gold with the gold mining sector representing approximately two percent of South Africa s GDP

Discovery of the Gold in 1884 South African History Online

The closure of all mining activity in October 1899 brought to a sudden end to virtually all economic activity in the region Following the South African War population patterns resumed their previous trends of rapid growth assisted in part by the influx in 1904

PDF South Africa s gold production and reserves

South Africa s gold production and reserves highlights the parlous state of South Africa s gold mining industry Also attracting notice and comment recently is the official acknowledgement

The Evolution of Research Collaboration in South African

The Evolution of Research Collaboration in South African Gold Mining 1933 PROEFSCHRIFT ter verkrijging van de graad van doctor aan de Universiteit Maastricht

ENVIRONMENTAL AND HEALTH IMPACTS OF MINING IN

8 ensp 0183 ensp ENVIRONMENTAL AND HEALTH IMPACTS OF MINING IN AFRICA Edited by Benjamin Mapani and Bohdan Kribek In conclusion it is a great pleasure of the Organizing Committee to wish all the participants at the Annual Discrimination of three geologies on the Witwatersrand Basin gold fields South Africa using remote sensing of tree canopy spectral

pinns co zaHistory of Gold in South Africa pinns co za

Johannesburg s early history is the story of gold In 1853 Pieter Jacob Marais a South African prospector recovered alluvial gold from the Jukskei River north of what would become Johannesburg The years that followed brought several modest strikes but the Witwatersrand Main Reef eluded searchers until 1886 when George Harrison an Australian prospector chanced upon

South Africa

South Africa South Africa Gold mining Prospectors established in 1886 the existence of a belt of gold bearing reefs 40 miles 60 km wide centred on present day Johannesburg The rapid growth of the gold mining industry intensified processes started by the diamond boom immigration urbanization capital investment and labour migrancy By 1899 the gold industry attracted investment worth

Gold mining in South Africa Voila

Gold Mining in South Africa Gold mining in South Africa started with the gold rushes to Pilgrim s Rest and Barbeton which were precursors to the biggest discovery of all in 1886 when George Harrison an Australian prospector found traces of gold on the Witwatersrand

Ancient Gold Mines in Africa Study

Gold in South Africa Between the 10th and 13th centuries CE the South African kingdom of Mapungubwe thrived due to natural resources like gold Located

South Africa gold mining What lies at the bottom of one

Bill Whitaker Gold and gold mining seem to be in the DNA of South Africa Bernard Swanepoel South African gold mining especially has always been at the center of all political and other activities in our country I mean our bad apartheid history is intertwined with gold mining

Gold mining most costly in South Africa BusinessLIVE

The rising cost of mining gold in SA underpinned the decision by AngloGold Ashanti and Gold Fields to sell their South African asset base down to the bare minimum and turn their attention to

Sustainability in the South African gold mining industry

9 ensp 0183 ensp Until 2007 South Africa was the world s largest gold producer In 1995 the country produced 23 3 percent of the worlds gold with the United States a distant second at 14 1 percent Goldsheet Mining Directory 2009 However South Africa s share of global gold

South Africa gold mine About 950 workers trapped

South Africa is a leading gold producer but the industry has often been accused of a poor safety record The Beatrix mine is in Welkom town about 290km 180 miles south west of Johannesburg It

Gold Minerals Council South Africa

In the 20 th century the large gold mines on the West Wits line were established and towns like Carletonville and Klerksdorp became important and busy centres around the world famous gold mines Kloof Driefontein and Western Deep Levels For many years South Africa was the world s primary gold

Will I come back dead the human costs of South Africa s

Sep 10 2018 · Gold output slumped for a ninth consecutive month in June as producers struggle with a volatile currency and government rules that seek to redistribute the nation s mineral wealth Even if miners can restore profitability the technology to mechanize South Africa s gold mines doesn t currently exist according to Durrheim

The Gold Mining Industry in South Africa Essay 1011

Gold mining in South Africa has a large impact on the environment the economy and social structure in South Africa The environmental impact of gold mining on the environment includes water air and noise pollution The mining industry in South Africa is one of the largest in the world It provides

Gold Fields Mining South Africa Pty Ltd Kloof Gold Mine v

12 ensp 0183 ensp REPUBLIC OF SOUTH AFRICA GOLD FIELDS MINING SOUTH AFRICA PTY LIMITED KLOOF GOLD MINE Appellant and COMMISSION FOR CONCILIATION MEDIATION AND ARBITRATION First Respondent MORAJANE C NO Second Respondent MOREKI E M Third Respondent and came to a conclusion which was reasonable to justify the decisions he or she

Corporate Social Responsibility in the South African

12 ensp 0183 ensp We also compared CSR mining policies in South Africa with CSR mining policies outside South Africa Additionally we compared CSR policies in two different mining sectors within the South African mining industry namely gold and diamonds The research was undertaken to determine whether CSR policies in the South African

Making illegal mining – legal The case of South Africa

8 ensp 0183 ensp The case of South Africa cont Zama zama is a local term meaning weare trying and is used to describe illegal artisanal miners that work mostly in abandoned and disused shafts in South Africa Zama Zama mining is often linked to people that have been employed in LSM and would include those that have been retrenched

South Africa gold mining What lies at the bottom of one

What lies at the bottom of one of the deepest holes ever dug by man A South African gold mine that goes two miles beneath the Earth s surface holds far more than just precious metals

An Overview of Producer Services in the Mining Industry

3 ensp 0183 ensp AN OVERVIEW OF PRODUCER SERVICES IN THE MINING INDUSTRY IN SOUTH AFRICA 2 1 THE MINING SECTOR 1 1 Introduction Identification is a common problem in many empirical exercises In our study of South African producer services the recurring difficulty of aggregation and disaggregation of economic sectors has further

Platinum and Gold Mining in South Africa The

26 ensp 0183 ensp Mining is a source of extraordinary wealth but its benefits often do not accrue to the workers and communities most involved This paper presents two case studies of mining in South Africa to reflect on the history and legacy of mining both through observation

Deep trouble South African mining is in crisis Middle

South Africa is already a tough sell In a 2016 survey of attractiveness to mining investors the Fraser Institute a free market think tank ranked South Africa 74th of 104 mining jurisdictions

South African Gold Market

South African Gold Market Introduction Gold and South Africa are synonymous and have been since the discovery of the largest gold reefs in the world at Witwatersrand in 1886 and the subsequent gold rush which led to the founding of South Africa s now largest city Johannesburg in the province of Gauteng

The Gold Mining Industry in South Africa Essay

3 ensp 0183 ensp Gold mining in South Africa has a large impact on the environment the economy and social structure in South Africa The environmental impact of gold mining on the environment includes water air and noise pollution The mining industry in South Africa is one of the largest in the world It provides

Gold In South Africa And The Ancient Indian Connection

Oct 23 2011 · They built strong stonewalled cities from which they hunted mined and traded throughout Southern Africa Dr Hromnik believes that these people who were mainly speakers of Dravidian languages and early Shivites by religion were responsible for the ancient gold mines found in South Africa Mozambique and Zimbabwe

Mining In South Africa

South Africa s mining industries has propelled the development of the country In 2009 South Africa was the fourth largest diamond industry in the world Gold mining has become one the main factors to the growth of South Africa Mining grew with discovery of diamonds and increased with the discovery of Gold

Occupational lung disease in the South African mining

South African miners face an epidemic of occupational lung diseases Despite a plethora of research on the mining industry and the gold mining industry in particular research impact including disease surveillance on policy implementation and occupational health systems performance lags We describe the gold mining environment and research on silicosis tuberculosis HIV and AIDS and

Mining Industry Of South Africa Politics Essay

Mining in South Africa has been the main driving force behind the history and development of Africa s most advanced and richest economy Mining Industry of South Africa In 1886 when gold was discovered on the banks of Witwatersrand it triggered thousands of foreigners to come to the region Mining Industry of South Africa

pre:vsi crushers equipmentnext:manufacturer of stone crusher sand making stone quarry