New Market Research Report: South Africa Mining Report Q4 2010

Oct. 10, 2010 - PRLog -- As a precursor to the long-awaited revisions to the South African Mining Charter, at the end of June 2010 Mineral Resources Minister Susan Shabangu and other key mining sector stake holders from business and the unions signed the 'Stakeholders' declaration on strategy for the sustainable growth and meaningful transformation of South Africa's mining industry'. This document outlined 12 key commitments that the industry should aspire to over the medium term, including a minimum target of 26% ownership of mining companies by Historically Disadvantaged South Africans (HDSAs) by 2014.

Other areas covered by the Declaration include: the establishment of an 'integrated long-term infrastructure planning mechanism' for the mining sector; the promotion of research and development; the harmonisation of the regulatory regime governing minerals and the improvement of health and safety standards.

Expectations are that the long-awaited Mining Charter may now finally be unveiled during August or September 2010, BMI will report on the implications of the new Charter when it is released to the public.

Government Suspends New Prospecting Applications

In August 2010 mineral resources minister Susan Shabangu announced that the government will suspend new applications for mineral prospecting rights, citing concerns that the current process has been undermined by corruption, it was reported by AP. The six-month ban comes into effect on September 1 2010.

Country Overview

Mining remains a vital industry for the country's economy. South Africa hosts the world's largest deposits of gold and about 80% of global platinum reserves. It is also a significant producer of diamonds.

Industry Forecast

South Africa has the largest mining endowment in Africa and the onus of spearheading the continent's mining activity falls on the South African industry, both in terms of economic growth, as well as setting standards for mining regulations.

BMI has become more optimistic on the outlook for the South African mining sector over the past quarter, believing that it can now reach a total value of US$51.45bn by 2014. The dollar value of the mining sector has also been boosted by our more optimistic view on the outlook for the rand currency. For 2011, we are forecasting real growth of 4.13%, as the country benefits from the global economy returning to full strength. Mining should remain a key economic sector for South Africa, contributing some 8% to GDP.

What the longer-term future holds for the South African mining industry depends a lot on the result of ongoing exploration activities and any future changes made to mining regulations by the government. In addition, instances of labour unrest and power shortages are two further obstacles for mining companies operating in South Africa to overcome.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/87322_south_africa_mining_repo...

Partial Table of Contents:

Executive Summary
SWOT Analysis
- South Africa Political SWOT
- South Africa Economic SWOT
- South Africa Business Environment SWOT
Global Mining Outlook
- Table: Rio Tinto's Capital And Major Evaluation Projects For 2010
- BMI Views
- Risks To Outlook
Industry Trends And Developments
Key Projects
- Metals
- Chromium
- Iron Ore
- Gold
- Manganese
- Platinum
- Minerals
- Coal
- Diamonds
Business Environment
- Africa Mining Overview
- Africa Mining Business Environment Ratings
- Table: Africa Mining Business Environment Ratings
- South Africa's Business Environment Rating
- Legal Framework
- Labour Force
- Foreign Investment Policy
- Table: South Africa's Annual FDI Inflows, 2000-2006
- Table: BMI's Africa Trade Ratings
Political Environment
- Domestic Politics
- Long-Term Political Outlook
Industry Forecast Scenario
- Nickel
- Table: BMI's Nickel Forecasts
- Table: Nickel, 2005-2014
- Aluminium
- Table: BMI's Aluminium Forecasts
- Table: Aluminium, 2005-2011
- Lead
- Table: BMI's Lead Forecasts
- Table: Lead, 2005-2011
- Zinc
- Table: BMI's Zinc Forecasts
- Table: Zinc, 2005-2011
- Copper
- Table: BMI's Copper Forecasts
- Table: Copper, 2005-2011
South Africa's Mining Industry Forecast
- Table: South Africa's Mining Industry, 2007-2014
Competitive Landscape
- Table: Key Players In South Africa's Mining Sector
Company Monitor
- African Rainbow Minerals (ARM)
- Anglo American
- BHP Billiton
- Lonmin
Global Assumptions
- Table: Global Assumptions, 2009-2014
- Table: Global And Regional Real GDP Growth , 2009-2014 (% change y-o-y)
- Table: Exchange Rates, Selected Countries, 2009-2014 (annual average)
- Table: Real GDP Growth - Consensus Forecasts, 2010 And 2011 (% change y-o-y)
- Table: Selected Developed States' Real GDP Growth, 2007-2012 (% change y-o-y)
- Table: Selected Emerging Markets' GDP Growth, 2009-2012 (% change y-o-y)
Country Snapshot: South Africa Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
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Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=8732...

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.