Safety stoppages ordered by the Department of Mineral Resources have cost struggling mines more than R13.6bn in lost revenue since 2012.
A leaked Chamber of Mines document showed revenue losses because of stoppages for 60% of its members rising sharply over four years.
Mines were most affected this year with an estimated loss of R4.84bn — almost R2bn higher than the R3bn lost in 2014 and almost double the R2.55bn loss in 2012.
Safety stoppage costs bite miners
Safety stoppages ordered by the Department of Mineral Resources have cost struggling mines more than R13.6bn in lost revenue since 2012.
A leaked Chamber of Mines document showed revenue losses because of stoppages for 60% of its members rising sharply over four years.
Mines were most affected this year with an estimated loss of R4.84bn — almost R2bn higher than the R3bn lost in 2014 and almost double the R2.55bn loss in 2012.
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