{"id":1178271,"date":"2020-04-15T09:52:00","date_gmt":"2020-04-15T14:52:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=0010bbe745b93ec53e99365aa8d4f2a9"},"modified":"2020-04-16T06:27:50","modified_gmt":"2020-04-16T11:27:50","slug":"covid-19-could-deal-a-sucker-punch-to-south-africas-mines-economy","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1178271","title":{"rendered":"Covid-19 could deal a &#8216;sucker punch&rsquo; to South Africa&rsquo;s mines, economy"},"content":{"rendered":"<p>With the Covid-19 lockdown in full effect until the end of April, South Africa\u2019s mines have scaled down operations on a massive scale.<\/p>\n<p>Law firm Webber Wentzel in a podcast shared on April 15 said Covid-19 \u201ccould represent the sucker punch for mines and the economy\u201d.<\/p>\n<p>Exacerbating the situation is the fact that South Africa is heavily reliant on foreign earnings from mineral exports, and that a scale down in operation could potentially spell a scale down of employees \u2013 something that South Africa can ill-afford with its unemployment rate sitting at 38%, at the expanded definition, which includes those who have given up on finding jobs.<\/p>\n<p>The country&#8217;s official unemployment rate is at about 29%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the Covid-19 lockdown in full effect until the end of April, South Africa\u2019s mines have scaled down operations on a massive scale.<\/p>\n<p>Law firm Webber Wentzel in a podcast shared on April 15 said Covid-19 \u201ccould represent the sucker punch for mines an&#8230;<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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