Central to this story, once again, is the now infamous Gupta family – which has been accused of completing suspicious transactions, with money flowing between South Africa and India.
Following the establishment of the Task Team, the department issued an 18-month moratorium on the Xolobeni Mining Project. However, not all the relevant stakeholders are happy with the manner in which this conflict has been handled.
Zwane has been the subject of considerable controversy during the past week, after he issued a statement about an investigation into South Africa’s biggest banks.
In February this year, Sibanye Gold reported two safety incidents at its Cooke Operation. However, other incidents have been reported at other mines and operations during the course of the year.
In February this year, three workers at the Lily Mine were trapped in a metal container when an underground pillar collapsed at the mine.
Lorimer said it was unacceptable that an 18 percent drop was recorded in mining production during the first quarter of 2016. He accused the African National Congress of burying its head in the sand.
Zwane said it is not only South Africa that has been struggling with a sharp slide in commodity prices over the past year.
The Department of Mineral Resources will focus on speeding up transformation in the country’s mining sector, said Minister Ngoako Ramatlhodi in his Budget Vote speech on Tuesday afternoon. The minister said black people — under the apartheid era – had been excluded from participating in the mainstream economy. He said the Mineral and Petroleum Resources…
Chicago – Scientists have appealed to the United Nations (UN) to establish a new international treaty to protect the deep ocean from the imminent threat of deep-sea mining and bottom trawling for fish, reported SciDev.Net on Tuesday. During a symposium in February, a group of scientists and conservationists urged the UN to negotiate a new…