# The Minerals Council South Africa says optimising the regulatory environment is key to unlocking the full economic potential of the mining industry. Last year, the industry contributed 470-billion-rand to household income and supported over 3.5-million people, including workers and suppliers. The sector paid 342-billion-rand in taxes, invested 160-billion-rand in equipment and infrastructure, and sold 248-billion-rand in minerals locally. The council’s Allan Seccombe says a stable, investor-friendly environment will boost mining, jobs, and economic growth.
Minerals council says South Africa’s mining industry injects R470-billion into household income