More Job Losses Loom For Mining Industry As Headwinds Persist

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more job losses loom for mining industry as headwinds persist

THE jobs bloodbath in South Africas mining industry is likely to worsen in the upcoming months, the Minerals Council has warned.

This after data from Statistics South Africa earlier this week painted a bleak picture of the state of jobs across the mining industry.

The 2024 first-quarter mining sector employment numbers declined for the first time in six quarters amid stubborn headwinds in the operating framework.

The South African mining sector lost 3000 jobs, or 0.6%, in the quarter to the end of March 2024 to 479 000 compared to the December 2023 employment data.

A reversal of fortunes is now afflicting employment prospects in the South African mining sector, with job losses escalating, especially in the first quarter of 2024.