Illegal miners will be ‘swallowed by the earth’
The ”bellies of the earth” will swallow illegal miners trying to strike it rich in the ”bowels” of gold mines in Barberton, police warned on Friday.
The ”bellies of the earth” will swallow illegal miners trying to strike it rich in the ”bowels” of gold mines in Barberton, police warned on Friday.
Pan African Resources has confirmed that the bodies of five men have been found in an underground section of the Consort gold mine in Barberton.
Harmony Gold Mining on Monday said it has raised R979-million before costs by placing shares, adding it would use the proceeds to cut its debt levels.
A worker has been killed in an accident at Harmony Gold’s Tshepong mine in the Free State, the company said on Wednesday.
Gold Fields estimates that South African mine closures due to fatalities last week have cost it about 300kg (or close to 10 582 ounces).
Radioactive waste outside mining areas in the catchment of the Wonderfonteinspruit poses no risk to the public, according to experts.
Gold Fields, the world’s number four gold producer, said on Friday it would fight fraud claims against a unit of the group totalling R11-billion.
Masses of workers supported a national strike against rising living costs on Wednesday, paralysing transport services and immobilising businesses.
Gold Fields workers have refused to be redeployed from South Deep to the Kloof and Beatrix mines, the National Union of Mineworkers says.
Gold Fields, the world’s number four gold producer, on Friday posted a 10% fall in adjusted headline earnings to 140 cents per share.
Gold production was severely disrupted in parts of South Africa on Wednesday as thousands of mine workers downed tools to protest rising living costs.
Village Main Reef Gold Mining has received a firm intention from To the Point Investments to make an offer for the rest of its shares.