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    coal-investing

    Mining Crucial to South Africa: Chamber of Mines

    Investing News Network
    Apr. 12, 2013 09:07AM PST
    Industrial Metals Investing

    Mining Weekly reported that, despite reports to the contrary, the mining industry remains a crucial part of the South African economy, as there are a vast number of products and services that rely heavily on the minerals and resources mined there.

    Mining Weekly reported that, despite reports to the contrary, the mining industry remains a crucial part of the South African economy, as there are a vast number of products and services that rely heavily on the minerals and resources mined there.

    As quoted in the market report:

    Firstly, without mining, there would be no electricity, as coal currently fuels 94% of South Africa’s power needs.

    To view the whole Mining Weekly report, click here. 

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