Sibanye CEO warns of platinum mining job losses as price plummets
Mining News Pro - Sibanye Stillwater, South Africa’s biggest mining sector employer, may be forced to close some loss-making shafts, its CEO told Reuters, adding job cuts in platinum mining had become inevitable as prices of the precious metals fall.
-
-
Visit: 144
Canada passes historic wage bill to stem wave of job losses
Mining News Pro - Canadian lawmakers approved a bill to subsidize wages by 75% in a bid to stabilize the economy as Prime Minister Justin Trudeau called the coronavirus his generation’s greatest challenge yet.
-
-
Visit: 508
Zambian mines warn tax changes could lead to 21 000 job losses
Mining News Pro - Zambia’s planned mining royalty increases could lead to more than 21 000 job losses and operators cutting $500-million in capital spending over the next three years, an industry lobby group said.
-
-
Visit: 1528
AngloGold moves to avoid 2 000 job losses in South Africa region
Mining News Pro - The once overwhelmingly dominant South Africa segment of gold mining company AngloGold Ashanti has been reduced to a mere loss-making shadow of its former self.
-
-
Visit: 809