The Chamber of Mines (CoM) on Thursday said that, despite general uncertainty about the global economy and the direction and sustainability of commodity prices, as well as domestic cost and policy pressures, it seems as if there are “green shoots” of improvements “if one [looks] carefully”. Its statement follows the release by Statistics South Africa, last week, of the latest quarterly employment survey data, which showed that job losses in the mining sector have slowed substantially in the final quarter of 2016, compared with two years ago.
