[miningmx.com] – EMPLOYMENT in South Africa’s gold mining sector could fall by 43% in ten years to 68,000, said Business Report citing figures published by the country’s Chamber of Mines last week.
Head of economics at the chamber, Monique Mathys, said the industry had been hard hit by strike action and electricity cuts which had increased cost inflation and led to production slowing down.
At the end of 2014, 495,000 people were employed in the mining industry as a whole, including 189,000 people in the platinum industry and 119,000 in gold mining, said Business Report.
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