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Aug 16 2012 South Africa has abundant mineral resources accounting for a significant earner with gold accounting for more than one third of exports

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nbsp 0183 32 Nonetheless South Africa is one of the premier ore and mineral sources in the world and a net exporter of mining technologies It is a major supplier of Platinum Group Metals PGM coal iron manganese chrome and nickel Sub Sector Best Prospects

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South Africa accounts over 80 of known global reserves of the PGMs The Merensky Reef stretching from southern Zimbabwe through to the Rustenburg and Pretoria regions is the centre of platinum mining in South Africa playing host to companies such as Rustenburg Platinum Mines and Bafokeng Rasimone Platinum Mines Palladium

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Exports of Mineral Products in South Africa increased to 24925 45 ZAR Million in March from 23772 54 ZAR Million in February of 2020 Exports of Mineral Products in South Africa averaged 20412 80 ZAR Million from 2014 until 2020 reaching an all time high of 29462 74 ZAR Million in November of 2017 and a record low of 13668 42 ZAR Million in February of 2016

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