Mineral revenues jump 63% as diamonds recover

Kebonang
Kebonang

The mining industry recorded an increase in mineral revenue by 63% in 2016 as compared to 2015 largely due to a rebound in diamond sales.

Mineral Resources, Green Technology and Energy Security minister, Sadique Kebonang said this when presenting his Committee of Supply speech to Parliament this week.

He noted that the mining industry experienced a global commodity price turndown over most of the first two quarters of 2016, mainly in the base metals and energy minerals.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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