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Illegal mining cost South Africa R60-billion in 2024 alone

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Illegal mining cost South Africa R60 billion in 2024 alone. This was revealed by Mineral and Petroleum Resources Minister Gwede Mantashe yesterday, during the release of last year’s Mine Health and Safety Stats.

 

Illegal mining cost South Africa R60-billion in 2024 alone
Mineral and Petroleum Resources Minister Gwede Mantashe
PHOTO: GCIS

Illegal mining cost South Africa R60 billion in 2024 alone

This comes shortly after police concluded operations at an unused mine in Stilfontein, where more than 1 900 miners were brought to the surface. Mantashe says illegal mining is a war on the country’s economy.

READ MORE: Government committed to working with mining industry to make the sector a more people-friendly job provider

Illegal mining cost South Africa R60-billion in 2024 alone
Mineral and Petroleum Resources Minister Gwede Mantashe
PHOTO: GCIS

The number of deaths recorded in the mining industry saw a drop

At the same time, the Minister said that the number of deaths recorded in the mining industry dropped last year. However, there was an increase in fiscal losses. Minister Mantashe says illicit mining costs the country roughly R60 billion.

 

Illegal mining cost South Africa R60-billion in 2024 alone
Mineral and Petroleum Resources Minister Gwede Mantashe
PHOTO: GCIS

 

ADDITIONAL READING: Minister Gwede Mantashe: Release of 2024 mine health and safety statistics

 

Fewer deaths were recorded in the mining sector last year

He has added that fewer deaths were recorded in the industry. In 2023, 55 deaths were reported. Last year, 42 people died in the mining industry.

THIS ARTICLE WAS COMPILED BY MERENTIA VAN DER VENT IN CONJUNCTION WITH CAITLIN MALEDO.

Merentia Van Der Vent
Merentia Van Der Vent
Merentia joined the media world in 1996 and in 2001, she took her first steps in the broadcasting world. In her free time, she likes to go on adventures in the city. She also likes to learn new dances, not that she is any good at that.

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