Dublin, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The "Service Activities Incidental to the Mining of Minerals Sector in South Africa 2024" report has been added to ResearchAndMarkets.com's offering.
This report on services incidental to the mining of minerals in South Africa includes information on the mining industry that services companies rely on, key trends and issues, notable players and corporate actions. The report also covers new technology and innovations, environmental issues and competition.
There are profiles of 22 companies including Master Drilling, Fraser Alexander, Aveng Moolmans, Raubex subsidiaries B and E International and SPH Kundalila, Concor Mining Services, Afrimat and Unitrans Supply Chain Solutions, opencast services companies such as Trollope Mining Services and Andru Mining, local subsidiaries of international companies such as Redpath Mining and UMS Shaft Sinkers, and companies involved in transport services such as Transnet and Cargo Carriers
Introduction
- Conditions in the mining services industry are favourable, and most companies are positive about their prospects.
- The mining services industry's total income has been increasing over the past few years.
- Demand for the industry's services is expected to grow as a result of large volumes of minerals needed for the global energy transition.
- Africa is widely regarded as a key long-term growth market for mining, providing opportunities for South African mining services companies.
- The local mining industry's growth is being hampered by factors such as Transnet's poor performance, long processing time of mining and prospecting rights applications, incomplete geoscientific data, high crime levels, and strikes and community unrest, that are discouraging investment.
Trends
- As mining companies are taking steps to reduce their carbon footprint, mining services providers are supporting their customers' efforts in this area.
- Mining companies want mining services providers to access orebodies as quickly as possible.
- Most mining services companies are seeking to diversify their sources of income.
- New technology is being used to improve performance and lower costs.
Opportunities
- Growth of the African mining industry.
- Higher demand for a range of minerals, especially those needed for the world's energy transition.
Challenges
- Poor local and global economic growth affects the industry's performance.
- Rising input costs, especially electricity.
- South African mining industry is not growing.
Outlook
- Globally, mining services revenue is expected to grow, largely in response to increased demand for minerals needed for energy transition.
- Mining services companies expect growth in the global mining industry over the next five years, despite depressed prices for several commodities.
- Factors affecting the performance of the local mining industry will need to be addressed.
- The prices of commodities will to a large degree determine future performance of the mining industry and the companies that service it.
COMPANY PROFILES
- African Mining and Crushing
- Afrimat Mining Services
- Andru Mining
- Aveng Moolmans
- B And E International
- Cargo Carriers
- Concor Mining Services
- Fraser Alexander
- Master Drilling Group
- Murray And Roberts Cementation
- Redpath Mining South Africa
- Reinhardt Transport Group
- Rosond
- Scribante Africa Mining
- SG Coal
- Sph Kundalila
- Transnet SOC
- Triple M Mining
- Trollope Mining Services (2000)
- Ums Shaft Sinkers
- Unitrans Supply Chain Solutions
- Zizwe Open Cast Mining
Key Topics Covered:
1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Corporate Actions
3.6. Regulations
3.7. Enterprise Development and Social Development
4. AFRICA
5. INTERNATIONAL
6. INFLUENCING FACTORS
6.1. Performance of the Mining Industry
6.2. Economic Environment
6.3. Technology, R&D and Innovation
6.4. Input Costs
6.5. Labour
6.6. Environmental Issues
7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry
8. INDUSTRY SUMMARY
9. OUTLOOK
10. INDUSTRY ASSOCIATIONS
For more information about this report visit https://www.researchandmarkets.com/r/gxjpay
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