Rehabilitating South Africa's abandoned mines could cost R51.5 billion
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Minister Gwede Mantashe reported that a 2024 assessment estimated the cost to close ownerless and derelict mines in South Africa at R51.5 billion. No consolidated funds have been recovered from mining companies to cover these rehabilitation expenses.
Mineral and Petroleum Resources Minister Gwede Mantashe says a 2024 assessment put the closure cost of South Africa’s derelict and ownerless mines at R51.5bn, with no consolidated amount recovered from mining companies
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