The South African Chamber of Mines has released its annual fact book, reporting on the performance of the mining sector in 2016, as well as mine workers salaries.
It employed 7.9% of all private sector labour (-4.5% on 2015) and nearly 6% of all people employed in South Africa (5% less than in 2015).
2016 saw a total employee earnings of R44,4b. The top earning miners are those of iron ore, reported to earn an average of R29,705 per month, with Manganese following with an average of R24,375 per month. Third highest earners were those of Coal, with an average of R22,679 per month.
The lowest earning miners are reported to be that of Aggregate and sand, earning an average of R13,049 per month.
The report shows that 2016 was not an easy year for South Africa’s mining sector. It contributed 7.3% to the gross domestic product of the country – which was a decline of 4.7% from 2015.
However, the mining industry’s contribution to the economy goes beyond direct employment. Expenditure on resources produced by other sectors has created and retained thousands of jobs in sectors such as agriculture (e.g. timber), manufacturing (e.g. steel), finance and banking (e.g. interest paid and insurance), and construction.
Mining plays a role in six provinces, offering employment as well as supporting the respective provincial economies.
You may view the full report here.