Naperville, IL -- (SBWIRE) -- 08/21/2014 -- Reportstack, provider of premium market research reports announces the addition of Iron Ore Mining in South Africa to 2020 market report to its offering.
The South African governments National Infrastructure Plan, which deals with the development of the countrys economic landscape, primarily concentrates on 18 Strategic Integrated Projects (SIP). Of these, three specifically focuses on the mining sector, including the Saldanha-Northern Cape development corridor; integrated rail; and port expansion, through which the annual throughput capacity of the Sishen-Saldanha iron ore corridor is expected to increase by about 40% post-development.
The report contains an overview of South Africa's iron ore mining industry together with the key growth factors and restraints affecting the industry. Further, it provides information about reserves, production, prices, consumption, trade, competitive landscape, major active, exploration and development projects and the mining fiscal regime of the country.
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To gain an understanding of South Africa's iron ore mining industry, the relevant drivers and restraining factors, reserves, historical and forecast production, consumption, trade and the fiscal regime.
In the first quarter of 2014, the mining and quarrying industry reflected negative growth of 24.7% over the fourth quarter of 2013, due to lower production in gold, platinum and diamond mining.
The Northern Cape, Limpopo and Mpumalanga Provinces account for the majority of the countrys iron ore production.
South Africas iron ore production in 2013 was estimated to have increased marginally over the previous year, despite domestic consumption having increased by around 6.3% over 2012, with most of the iron ore consumed by the domestic steel industry.
Capacity additions at existing mines and new iron ore projects which are scheduled to commence operations, are expected to increase South Africas iron ore production.
Kumba Iron Ore Ltd
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