- Write by:
-
Friday, September 9, 2022 - 21:14:25
-
409 Visit
-
Print
Mining News Pro - The South African Police Service will establish a specialized force to combat illegal mining that’s robbing the nation of revenue and hampering operations at mineral companies.
The new security force will be a “multi-disciplinary unit” between the SAPS and the Department of Mineral Resources and Energy, Gwede Mantashe, the energy, minerals and resource minister told lawmakers in Cape Town on Thursday.
Illegal mining has long been a problem in South Africa. That’s now been coupled with thefts of equipment. The criminal activity affects vital infrastructure from railways to telecommunications to utilities, undermining President Cyril Ramaphosa’s efforts to revive the economy. The thefts and illegal mining have become increasingly lucrative with prices of metals such as copper surging.
The illegal miners are the “foot soldiers of organized crime,” and their widespread use of derelict and abandoned mines was a ‘’war on the South African economy,” Mantashe said.
Short Link:
https://www.miningnews.ir/En/News/622138
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the ...
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the ...
NextSource Materials has submitted an application to build a downstream battery anode facility (BAF) to process graphite ...
Ivanhoe Electric (NYSE American: IE) (TSX: IE) terest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after ...
Awalé Resources (TSXV: ARIC) stock soared on Monday after the Newmont-backed gold explorer reported outstanding assay ...
Newmont Corp. has kicked off the sale of its Akyem gold mine in Ghana, which is attracting interest from potential ...
A global platinum deficit in 2024 will be deeper than previously expected as mines hit by low prices for palladium and ...
South Africa’s platinum producers are in crisis, as slumping metal prices force jobs cuts and erode profits.
Debswana Diamond Company’s sales of rough diamonds fell 25.1% in 2023, data released by Botswana’s central bank late on ...
No comments have been posted yet ...