Mining companies, suppliers team up to advance evolving ESG goals

The South African mining industry continues to be a key contributor to the fiscus, with local producers and suppliers paying about R14-billion in royalties and R90-billion in taxes in the year ended December 31, 2023, and investing billions of rands in environmental, social and governance (ESG) initiatives. In its integrated annual review for the year, Minerals Council South Africa CEO Mzila Mthenjane says mining stakeholders continue to strive for meaningful impact in the lives of employees and communities in South Africa, particularly as the country grapples with low economic growth and unemployment.