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From January to June 2015, South Africa’s biggest export was iron ore. Gold was second, palladium third and platinum seventh, with various other ores and alloys also in the top 10. The fact that nearly all of these commodities have fallen in price, with some crashing, has had a strong impact on revenues and therefore the economy.

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South Africa is a politically sophisticated country and both mine owners and the communities they work in, have developed an understanding of and an interest in mining and its externalities.

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According to Brand South Africa, South Africa’s total reserves remain some of the world’s most valuable, with an estimated worth of R20.3-trillion ($2.5-trillion). Overall, the country is estimated to have the world’s fifth-largest mining sector in terms of GDP value.

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