High level of involvement of South African govt has lead to regulatory difficulties for the company in past, 2. Will their investments be safe? South Africa's mining output will experience a less severe contraction in 2021 than that observed in 2020 due to operational disruptions caused by the Covid-19 pandemic. Comprehensive SWOT and PESTLE Analysis of major companies in the Metals and Mining industry across the globe. MBA Skool is a Knowledge Resource for Management Students & Professionals. Mining industry today facing with unprecedented challengesand the present need of the industry is to turn all challenges into real business value. African Rainbow Minerals is one of the leading brands in the heavy equipment & engineering sector. Send us a message and a member of our team will get back to you. Buy Reports. Unfortunately, since South Africa is close to the coastal line, it’s more vulnerable to water-related natural disasters. Browse marketing analysis of more brands and companies similar to African Rainbow Minerals. Unfortunately, race issues are difficult to handle effectively. Figure 11: SWOT analysis of strategy for the sustainable development and growth of the mining industry Page 251 Figure 12 ... South African Mining Industry Annexure C A balanced Scorecard for the Broad Based Economic Empowerment for the Department of Mineral Resources . Kiesha Frue is a freelance writer and editor with a love for health, wellness, and entrepreneurship. Here are the weaknesses in the African Rainbow Minerals SWOT Analysis: 1. It’s cheaper for Europen and North American corporations to outsource labor to South African workers. This zone is an key foreign exchange earner, with gold accounting for more than one-third to its exports. The discrimination between black and white people is still high. The companies are not associated with MBA Skool in any way. ARM's Goedgevonden coalmine near Witbank is a flagship of their joint venture with Xstrata, and produces 6.5+ million tons of coal per year. (1997). Eclectic languages, customs, and cultures. Negative connotations from outside perspectives. Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining industry in 2019. SWOT Analysis is a proven management framework which enables a brand like Newmont Mining to benchmark its business & performance as compared to the competitors and industry. The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top African Rainbow Minerals competitors and includes African Rainbow Minerals target market, segmentation, positioning & Unique Selling Proposition (USP). Threat of economic stability of international market as the sale of products are directly dependent on it. In Newmont Mining SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors. Instead, South Africa should focus on developing service-based industries like hospitality and banking. It’s still more than 40% less expensive than living in the United States. Capitalize and entry in the copper refining and semiconductor market as the company has interest in copper 3. The inequality is causing anger to simmer, which has led to the escalation of violence in the area. AngloGold Ashanti Ltd 3. practices in the South African mining industry, an industry seen as an essential part of the South African economy (Chamber of Mines of South Africa, 2012; Du Plessis, 2013; Stone & Van der Merwe, 2010). PESTEL analysis of South Africa. Expansion of precious metals mines and production owing to high and increasing demand of Gold, Silver and Platinum in European , US and Asian markets 2. Check out the PESTLE Analysis of South Africa here. Threat of domestic politics on the expansion and operational policies of the company 2. Many live in fear of petty crimes, regional wars, and abductions. Most of the diseases affect women and children more so than men. Despite the peaceful transition to democracy, the African country is plagued by regional wars, petty crimes, riots, and even killings. Mergers and acquisition of new mines in diverse metals and precious metals has kept the company fresh in terms of products. xi The findings of the analysis indicate that should the weaknesses and threats be addressed, this dream can be possible. Panel sessions will focus on in-depth analysis of South Africa’s leading commodity markets, with Invesco Portfolio Manager Norman Macdonald looking at the long-term outlook of the gold market and how this might be affected by future contracts with China. 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