Close Menu
    What's Hot

    Transport Evolution Africa 2025 Champions Green Mobility & Inclusive Trade Corridors

    July 9, 2025

    Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

    July 7, 2025

    Ghana’s Complete Farmer Secures $2.5M from EU-Funded AgriFI Facility

    July 4, 2025
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      Salpha Energy Secures $1.3M to Expand Nigeria’s Solar Manufacturing Capacity

      June 6, 2025

      South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

      May 16, 2025

      Navigating Challenges in the African Air Cargo Industry

      March 5, 2025
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

      July 7, 2025

      Liquify Secures $1.5M Seed Round to Unlock Trade Finance for African SMEs

      July 3, 2025

      Hizo Secures $100K Seed Round to Drive Intra‑Africa Payment Innovation

      June 30, 2025
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      DP World and Nedbank Elevate Trade Finance in Africa

      Finance Trade September 18, 2024
      Recent

      DP World and Nedbank Elevate Trade Finance in Africa

      September 18, 2024

      Arab Coordination Group commits $50 billion for Africa’s sustainable development

      November 13, 2023

      MENAT to see investment flows increase substantially

      September 4, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Metals & minerals

    Electra Mining expo returns as South African mining sector exceeds USD 59.3 billion in production value

    September 1, 20222 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Electra Mining
    The Electra Mining expo will return after a pandemic-enforced absence.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Electra Mining Africa is Southern Africa’s biggest mining, electrical, automation, manufacturing, power and transport trade exhibition.

    The Electra Mining expo is returning after a Covid-19-enforced absence. The expo, with its 50 years of history, will take place at the Johannesburg Expo Centre from 5 to 9 September. The event is billed as a unique platform for the mining, manufacturing, automation, electrical and power industries.

    Mining’s importance to the SA economy

    Mining is a mainstay of the South African economy, with Minerals Council South Africa CEO Roger Baxter reporting that the value of production exceeded USD 59.3 billion for the first time in 2021. Representing a more than 30% increase on 2020, it helps explain the significant impact mining has had on easing the extent of South Africa’s fiscal crisis as the industry recovers from Covid-related lockdowns.

    Last year had “surprising features”, reports Baxter, all of which were due to commodity prices rising by nearly 40% in dollar terms and by nearly 20% in rand terms, the latter due to the strengthening of the rand/dollar exchange rate at 12%.

    The physical volume of mining production recovered from a decline of 12.4% in 2020 to record growth of 11.6% in 2021. This largely reflects the movement in mining’s gross domestic production of 11.9% in 2020 and 11.8% in 2021, reaching USD 28.3 billion.

    Volatile commodity markets

    Commodity markets have experienced increased volatility in recent months, and prices were slightly softer than earlier during 2021. This was the result of several factors: The varied impact of the Covid-19 pandemic, energy shortages in Europe and China, coupled with adverse weather in the United States, speculation about future Chinese steel making, the Chinese authorities’ intervention in commodity markets, and continued uncertainty about the demand for and stocks of green commodities.

    “This instability is expected to continue,” warns Baxter. These trends slowed down commodity price increases towards the end of 2021, with 11% dollar increases and 8.6% rand increases.

    Dollar prices for South African commodities increased by about 37% during 2021. These trends fluctuated widely among the different commodities, with coal 81% higher versus gold at only 1.5%. Comparing 2021 with the pre Covid-19 period, dollar prices were 56% higher.

    Both Egypt and Saudi Arabia have recently begun exploring the expansion of their national mining operations.

    Electra Mining Expo industry mining South Africa
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleMcKinsey: African fintech report predicts surging growth
    Next Article SA Investment Conference receives 80 pledges worth USD 19.7 billion

    Related Posts

    Infrastructure Trade

    South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

    May 16, 2025
    Metals & minerals

    Premium Resources Expands Mineral Potential at Botswana’s Selebi North​

    May 2, 2025
    Business & Trade Metals & minerals

    Global Metal Giants Eye Dar es Salaam Port

    April 23, 2025
    View 1 Comment

    1 Comment

    1. Pingback: Sandvik Khomanani site one of the most advanced in the world

    Leave A Reply Cancel Reply

    LATEST STORIES

    Transport Evolution Africa 2025 Champions Green Mobility & Inclusive Trade Corridors

    July 9, 2025

    Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

    July 7, 2025

    Ghana’s Complete Farmer Secures $2.5M from EU-Funded AgriFI Facility

    July 4, 2025

    Liquify Secures $1.5M Seed Round to Unlock Trade Finance for African SMEs

    July 3, 2025

    Hizo Secures $100K Seed Round to Drive Intra‑Africa Payment Innovation

    June 30, 2025
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.