Mandela Mining Precinct to produce next gen mining equipment

The Mandela Mining Precinct’s primary objective is to drive research, development and innovation and the investment therein, and it is extremely important, in terms of the local industry’s sustainability, that the next generation of mining equipment is developed by indigenous South African manufacturers, says Department of Trade and Industry (DTI) director Yusuf Timol. “Conventional mining methods have resulted in resources being deeper, dilution getting higher, and the industry’s productivity and efficiencies diminishing, especially when they are compared to those of our competitors. Our research says that by the late 2020s, if we continue to use the mining methods we are currently using, gold and platinum resources will be mined out,” states Timol.