This paper outlines global and local developments in minerals extraction of relevance to mining companies, equipment manufacturers, and state institutions, and describes a new attempt to revitalize mining in South Africa. This initiative, Operation Mining Phakisa, arises from a multistakeholder process and has the potential to provide a coherent and comprehensive response to the wide range of issues impacting the sector. The South African mining sector is in a predicament as contradictions rooted in its apartheid past have come home to roost, mineral prices remain stubbornly low, and another industrial revolution affecting all industries, including mining, gets underway. mining, structural change, innovation, transformative technology, multistakeholder process.
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