Umvuyo Holdings Group specializes in mining and it is directly contributed to the establishment of the country and today it still accounts for a third of its market capitalisation. It is clear how much mining has shaped the country politically, culturally and economically.
Modern mining is an industry that involves the exploration for and removal of minerals from the earth, economically and with minimum damage to the environment. Mining is important because minerals are major sources of energy as well as materials such as fertilizers and steel. Mining is necessary for nations to have adequate and dependable supplies of minerals and materials to meet their economic and defense needs at acceptable environmental, energy and economic costs.
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