Industry Segment: Market Brief | Word Count: 90 Words

The mining industry has historically been a key driver of the South African economy. Big players like Ivanhoe and De Beers are investing in expansion and to explore new prospects. De Beers is working on the Venetia Underground project, and Ivanhoe is developing its Platreef Mine.

Other Players such as Canyon Coal, Anglo American, African Exploration Mining and Universal Coal also are developing new assets. Apart from developing the deposits, they are modernizing existing infrastructure for better efficiency. Click here for a list of associated projects.