SA’s mining sector delivered a solid financial performance for the 2020-2021 financial years with value delivered to all stakeholders despite the current challenging pandemic environment. The excellent financial performance resulted in mining companies being in a very strong financial position, with record distributions to shareholders and more than a tripling in taxes paid. Debt has largely been repaid and returns to shareholders reached record rand levels for many companies. These are some of the highlights from PwC’s 13th edition SA Mine, a series of publications that highlights trends in the South African mining industry released today.
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