South Africa’s mining industry may have shown resilience and weathered the COVID-19 storm but companies will need to focus on their strategies, particularly when it comes to environmental, social and governance (ESG) matters.
This is according to a recent report by PwC on the state of country’s mining industry. The report paints the sector in a positive light stating that despite an extremely challenging year, mining companies remained resilient and performed on all fronts.
Stakeholders benefited from the improved profitability with mining companies strengthening their true social licence to operate in supporting their employees and communities in which they operate. The mining industry weathered the COVID-19 storm, mostly unscathed, and certainly better than many other sectors.
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