global status of the South African minerals economy and data summaries of its key commodities.

by C. F. Vermaak

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Published 1979 by Geological Society of South Africa in Johannesburg .
Written in English

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Edition Notes

Series	Review paper / Geological Society of South Africa -- no.1, Review paper -- no.1.
ID Numbers
Open Library	OL13777819M

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Key findings 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 socioeconomic objectives. The overall efficacy of South Africa’s mineral policy has been low. The South African Government has responded to the serious global challenge of environmental pollution and climate change by introducing several environmental taxes that are intended to modify behaviour of the country’s citizens for sustainable development of the economy.

Because of its dependence on foreign trade, South Africa’s economy is sensitive to global economic conditions. Precious metals and base metals have been leading exports; agricultural goods and military equipment also play an important role. The country’s major imports are chemicals, chemical products, and motor vehicles. South Africa’s economic freedom score is , making its economy the th freest in the Index. Its overall score has increased by point due to a higher government integrity score. Lists of countries by mineral production Jump to The following list creates a summary of the two major producers of different minerals (and coal, which is generally not considered a mineral Fuels Fossil fuels. Fossil fuel Largest Producer second largest producer South Africa Australia: List of countries by manganese production.

  The mining industry is an important part of the South African economy, contributing percent of the country's total GDP. Read more Mineral production in South Africa in , by commodity.   We must not forget that South Africa is an important economy in terms of consumption and production (particularly in minerals) and that many South African companies have operations throughout Africa. That broad exposure to the continent opens up tremendous opportunities in our view, as Africa has some of the fastest-growing economies in the world. South Africa - South Africa - Economy: The economy of South Africa was revolutionized in the late 19th century when diamonds and gold were discovered there. Extensive investment from foreign capital followed. In the years since World War II, the country has established a well-developed manufacturing base, and it has experienced highly variable growth rates, including some years when its growth.