Innovation and modernization to prolong the South African mining beyond 2040

In June 2016, the Southern African Institute of Mining and Metallurgy (SAIMM) held a colloquium in Johannesburg South Africa the purpose of which was to create a dialogue between industry, government, research institutes and academia in the area of new technology and innovation. One of the key findings presented at the colloquium was the Chamber of Mines (COM) study indicating that the South African gold reserves dependent upon conventional mining methods will be depleted by 2031 with Platinum Group Metals (PGM) reserves signaling a similar fate..