Energy challenges continue to hamper SA's capabilities. The country is expected to continue the downward trend in 2024, contrasting with its 2023 gains, according to GlobalData statistics. Safety concerns like the Implats' Rustenburg operation incident, where 11 workers lost their lives in November 2023, have marred the industry's reputation and operational continuity. This incident prompted temporary halts in operations. The economic impact of cutbacks extends beyond operational setbacks, affecting local economies and communities reliant on mining activities. Sibanye-Stillwater alone has cut more than 11,000 jobs in the past 18 months. CEO Neal Froneman said the miner has restructured the SA region to align with a reduced operating footprint. Looking ahead, global platinum prices are expected to continue their decline in 2024.