Industrial Minerals


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South Africa facing uncertainty

16 April 2009


Prices steady, but miners report slow demand & financial worries from BEE deals

Keywords: South Africa, prices, feldspar, talc, mica silica vermiculite

Demand for industrial minerals sourced from South Africa has dropped by some 25% year on year by volume, local producers report.

 

For now, pressure on prices has been minimal, although any price increases are difficult to implement.

 

According to producers questioned, the greater concern to the South African mining industry at present is the uncertain future facing ‘Black Economic Empowerment’ (BEE) deals concluded in...