Market Research Report
South Africa Gold Mining to 2024 - Updated with Impact of COVID-19
|Published by||GlobalData||Product code||975205|
|Published||Content info||46 Pages
Delivery time: 1-2 business days
|South Africa Gold Mining to 2024 - Updated with Impact of COVID-19|
|Published: December 1, 2020||Content info: 46 Pages||
GlobalData's "South Africa Gold Mining to 2024 - Updated with Impact of COVID-19" provides a comprehensive analysis of the South African gold industry. It provides historical and forecast data on gold production and reserves by country and production by company. The report also includes an extensive demand drivers section providing information on factors that are affecting the global gold industry, such as the jewelry, and ETF's. It further profiles of major gold producers and provides information on the major active, planned and exploration projects by region.
South African gold mine production continues to experience the severe downtrend, primarily due to rising mining costs, union strikes and power disruptions. In 2020, the country's gold production is expected to decline by a substantial 10.9%, to reach 3.2moz, due to temporary suspensions of operations, during the Coronavirus (COVID-19) pandemic, along with rising mining costs in the country. Looking ahead, South African gold mine production over the forecast period (2021-2024) is expected to remain flat, with a compound annual growth rate (CAGR) of just 0.6%.