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Wednesday, August 12, 2020

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Tag: mines

SA’s gold mines in crisis as profitable producers shrink to 20%

The state of SA’s gold mining industry is worse than first thought, with fewer than 20% of gold mines making money at prevailing prices — while large job cuts are forecast...

Eskom says coal supplier Optimum mine starts business rescue proceedings

South African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the utility’s power stations, had started business rescue...

South Africa’s Sibanye confirms over 2,000 layoffs at gold mines

South African precious metals producer Sibanye-Stillwater confirmed on Wednesday that it had laid off more than 2,000 gold miners as it shuts its loss-making Cooke shafts where illegal mining syndicates have...

Long-term solution for acid mine drainage

According to SAnews.gov.za Water and Sanitation Minister Nomvula Mokonyane has launched the long-awaited acid mine drainage (AMD) long-term solution that promises to improve the water supply to the nation’s economic hub. ...

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Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...

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