Albany, NY -- (SBWIRE) -- 11/27/2015 -- Timetric's 'Precious Metals and Diamond Mining in South Africa to 2020' report comprehensively covers South African reserves of gold, platinum and diamond, reserves by region and grade, the historic and forecast data on South African precious metal (gold and platinum) and diamond production and historic and forecast production by selected gold, platinum and diamond mines.

The report also includes factors affecting demand for gold and platinum, rough diamond exports, profiles of major precious metal and diamond producing companies and information on the active, exploration and development precious metals (gold and platinum) and diamond projects.

The Fiscal Regime section provides information about the country's regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country.

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Mining is one of the largest industries in the country and employed 510,099 people in 2014, albeit down by 3.0% over 2013. The platinum group metals (PGM) industry accounted for a little over 37% of the mining industry's total employment, equivalent to 191,261 people in 2013. In 2014, South Africa had the world's largest reserves of platinum at 63,000t, the world's second-largest gold reserves at 6,000t and the fourth-largest diamond reserves at 70 million carats (Mct).

The report contains an overview of the South African precious metal (gold and platinum) and diamond mining industry together with the key factors affecting the industry and demand for the commodities.

It also provides information about reserves, reserves by region and grade, the historic and forecast data on South African gold, platinum and diamond production, historic and forecast production of gold, platinum and diamond by selected mines, the competitive landscape and active, exploration and development precious metals and diamond projects.

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Gain an understanding of the South African precious metal (gold and platinum) and diamond mining industry, its reserves, grade, historic and forecast production, historic and forecast production by selected mines, demand driven by end-use sectors, active, exploration and development projects, the competitive landscape and the country's fiscal regime.

KEY HIGHLIGHTS

South Africa is one of the world's main producers and exporters of precious metals. It was the world's sixth-largest producer of gold with 5.9 million ounces in 2014, the largest producer of platinum with 3.5 million ounces, and the fifth-largest producer of diamonds with 7.6Mct.
The country's precious metal industry is dominated by five companies: AngloGold Ashanti Ltd, Gold Fields Ltd, Impala Platinum Ltd, Anglo American Platinum Ltd and De Beers SA.
The industry is governed by Department of Mineral Resources (DMR), the main body that formulates and regulates mining policy for mineral resources.

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