Africa contains an estimated 30 per cent of the world's mineral resources. Natural resources have accounted for about 35 per cent of Africa's growth since 2000. Nonetheless, international investors and mining companies remain cautious, owing to Africa's never-ending challenges, including a lack of infrastructure, power and political instability, to name a few. On this CNBC Africa special we look back at 2016 and what trends we may see this year.
Views: 1358 CNBCAfrica
Africa's biggest gold miner, AngloGold Ashanti, is planning to retrench eight-thousand-500 mine workers as part of its restructuring of its South African business. The world's third largest gold miner has started talks with unions to cut its workforce by a third as some gold mines have reached the end of their economic lives. The mining industry has been bleeding jobs since 2012. According to Stats SA, almost 50,000 jobs were lost between 2012 to 2015, mostly in the gold and platinum sectors. For more news, visit: http://www.sabc.co.za/news
Views: 856 SABC Digital News
“Visions of Gold” is a short color film on “Gold! The thread from which we weave our dreams! The key to stability!” Produced by South African film maker Emil Nofal in the mid-1960s, the film opens with rows of gold bars as the narrator Joe Stewardson explains how (in1 885) itinerant prospectors George Walker, along with George Harrison, stumbled on surface outcrops of gold-rich conglomerate on an old farm near the Witwatersrand basin —land that is now near the center of Johannesburg. (Both men quickly sold their claims for the equivalent of a few hundred dollars. Today, the gold fields in the region are worth billions.) From across the world, prospectors descended on South Africa in search of gold, as we see throngs of prospectors and opportunists starting at mark 02:45. Spurred on by visions of wealth, the fortune hunters eventually thought they had taken all the gold that was there, we are told. But at mark 06:10, Stewardson explains that more inventive prospectors at the turn of the 20th century found ways to dig deeper into the Earth in search of gold. The worldwide economic depression of the 1930s, we learn at mark 07:00, unraveled the fabric of prosperity. “The spinners of dreams all over the world now wore the dark cloth of despair.” Only the fantasy of gold remained, with South African workers eventually mining more than two miles into the ground in search of gold, as the camera plummets down a mine shaft. By mark 09:20, we see men maneuvering through tunnels and drilling into the Earth in search of deposits, and later watch as men turn the fruits of those labors into glistening gold bars. We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment! See something interesting? Tell people what it is and what they can see by writing something for example like: "01:00:12:00 -- President Roosevelt is seen meeting with Winston Churchill at the Quebec Conference." This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit http://www.PeriscopeFilm.com
Views: 8684 PeriscopeFilm
South Africa’s government says this year will be a tough one for its mining industry. Job losses are set to continue into the thousands, with plummeting commodity prices forcing mining houses to drive down costs. Fahmida Miller reports from the biggest annual mining conference in Cape Town, where stakeholders are looking for a way forward. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Views: 968 Al Jazeera English
South African mines are shedding workers in response to falling commodity prices. 3,900 jobs are at stake in the town of Kathu alone.
Views: 761 DW News
The mining sector's often seen as the sunrise industry in South Africa but, there seems to be a decline in the gold sector with job losses continuing unabated. In February, Evander Gold Mine warned of 1,700 job cuts. AngloGold is set to shed 2,000 jobs. So should South Africa be worried about the decline of the sector? What can be done to boost it? To help us answer these questions, eNCA's Thulasizwe Simelane is joined by Investment Analyst, Chris Gilmour. Courtesy DStv403
Views: 259 eNCA
Inside Ivory Coast's hidden gold rush takes a look at the gold mining industry in Ivory Coast. For a long time mining was seen as a dirty alternative to a more wholesome farming lifestyle. But some of the richest gold-mining potential in Africa is luring hundreds of thousands of Ivorians off the land and into the mines. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Check out Economist Films: http://films.economist.com/ Check out The Economist’s full video catalogue: http://econ.st/20IehQk Like The Economist on Facebook: https://www.facebook.com/TheEconomist/ Follow The Economist on Twitter: https://twitter.com/theeconomist Read our Tumblr: http://theeconomist.tumblr.com/ Follow us on Instagram: https://www.instagram.com/theeconomist/ Check out our Pinterest: https://uk.pinterest.com/theeconomist/ Follow us on LINE: http://econ.st/1WXkOo6
Views: 2069466 The Economist
English/Nat International gold sales recently plunged the price of the precious metal to a 22-year low. Despite protests from all quarters the sales are set to continue leaving the future of tens of thousands of South African miners hanging in the balance. This week South Africa's second largest gold miner, Gold Fields Ltd, announced that a strike against retrenchments at one of its mines may spread to other sites. When Britain sold 25 tons of gold recently, it set the price plummeting and some of South Africa's less profitable mines were forced to give notice of lay offs. Britain is scheduled to sell another 100 tons of gold by the end of this year. Recent protests by both South African mine companies and mineworkers unions appear to have fallen on deaf ears. The South African National Union of Mineworkers warned that if the gold price remains below 260 dollars an ounce, it would mean that 80-thousand gold miners would lose their jobs.. It's estimated that each miner supports another 10 people, so this loss could affect around 800-thousand South Africans livelihoods. Joe Funga has worked at the West Driefontein Mine for 17 years. A member of the mainly white Mineworkers Union, he has already made enquiries about his union's programme for laid off miners. Like other miners who live in company houses, Funga only pays 1.70 dollars a month to live in his house with his wife and two children. And if his job goes, so does his home. SOUNDBITE: (English) "I'm not feeling very happy about it because the whole issue is, what do you call it, got an effect on our families and got an effect on the people in the shafts, from a miner to an omsetter (fitter and turner) and the artisans as well." SUPER CAPTION: Joe Funga, Gold Miner Funga starts work at 4a-m where he is in charge of three gangs of about 10 miners each. For them the mine's tunnels are their world and they've long accepted the inhospitable conditions. It also provides them with a livelihood in a country wracked by unemployment. For at least eight hours a day Funga joins his colleagues and descends 800 metres under the earth where they retrieve the rock that produces gold. Since July 15th workers at another mine in the Free State province workers have downed tools and brought production to a complete halt. They are protesting the imminent laying off of 600 workers. Next week a neighbouring mine, Beatrix may also join the strike in support of its colleagues. For another Gold Mine it seems that it's already too late. E-R-P-M east of Johannesburg, is set to close and 5-thousand workers will lose their jobs. Back at Crown Mine one of Funga's workmates, Sabata Moeane is a member of the mainly black National Union of Mineworkers. Recently he's also been investigating alternative employment possibilities should he be laid off. The National Union of Mineworkers is suggesting ways of laid-off miners becoming self-employed should they lose their jobs. With South Africa's high rate of unemployment, it may be the only solution for people like Moeane and Funga. Moeane has been working on the mine for ten years and lives near the mine site with his wife and four children, also in a company house. SOUNDBITE: (English) "I think at this point in time we are really in a catastrophic position because the gold price has declined tremendously and that can cost our jobs." SUPER CAPTION: Sabata Moeane, Gold Miner Miners such as Joe Funga and Sabata Moeane can only hope that their jobs will survive the the current Gold crisis. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/f3e34884df50feeb26c6dcf9e589131b Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 1393 AP Archive
The goal of coal mining is to obtain coal from the ground. Coal is valued for its energy content, and, since the 1880s, has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United States, United Kingdom, and South Africa, a coal mine and its structures are a colliery. In Australia, "colliery" generally refers to an underground coal mine. Coal mining has had many developments over the recent years, from the early days of men tunneling, digging and manually extracting the coal on carts to large open cut and long wall mines. Mining at this scale requires the use of draglines, trucks, conveyors, jacks and shearers. - H&T
Views: 24390 History of Technology
This presentation, by David van Wyk, explains the background to the Marikana massacre in South Africa in 2012. David works with the Bench Mark Foundation which monitors and advocates the effect of the mining industries in Southern Africa. Here he talks about the role of Platinum mining in South Africa. He explains how the methods and practices of the Lonmin mining company - the richest in the world - have created havoc and devastation both in the mines and the communities engaged with mining, and how these led to the confrontations which ended in the tragic shooting of 44 members of the National Union of Mineworkers on 16 August 2012. This presentation was given to a colloquium on 'South Africa's low-wage economy held near Johannesburg between the 15th and 17th of November 2012, and organised by the journal 'Amandla'.
Views: 286 Geopolitical Economy
Small scale miners help lift national output for precious metal in Zimbabwe. The South African nation's gold production has been increasing steadily after slumping to an all time low of just three tonnes in 2008, the peak of the country's economic meltdown.
Views: 6476 CGTN Africa
Proof that diamonds are getting harder to find can be seen in the South African bush, where one of the world's largest mining companies is spending $2 billion USD tunnelling beneath a vast open-pit mine. De Beers has spent 25 years digging a 450-metre deep by one-kilometre wide hole to access diamond-rich rock from the surface at the Venetia mine, close to the border with Zimbabwe and Botswana. For more News visit: http://www.sabc.co.za/news
Views: 2990 SABC Digital News
South Africa's mining sector has some of the deepest mines in the world and its safety record is monitored closely by industry stakeholders. The department of mineral resources on Thursday released the latest health and safety data. According to the country's mineral resources Minister, 2015 saw the lowest ever fatalities recorded in the mining sector; 77 compared to 84 recorded in 2014.
Views: 64 CGTN Africa
Contact Us For Help: http://wwa.stonecrushersolution.org/solutions/solutions.html Challenges to the South African mining industry in the wake Challenges facing the South African mining industry 7 This disparity is due to the fact that gold and platinum mining in South Africa is more labour intensive than in Mining in South Africa: Deep, dark, and dangerous, Gold Anti By Michelle Faul Associated Press via Mail & Guardian, Johannesburg Thursday, October 11, 2007. http://www.mg.co.za/articlepage.aspx?area=/breaking_news/breaking_news SDMining.co.za, Sunstainable Development Through Mining SUSTAINABLE DEVELOPMENT STRATEGY. The world in which we live and work today is largely influenced by sustainability imperatives. The mining industry is not immune to Market Report on the Mining and Construction Industry in Market Report on the Mining and Construction Industry in South Africa CONEXPO, CON/AGG Las Vegas 2014 –Thursday 6th March, 2014 Dr. Jim Rankin CONMESA/AGFACTS GOLD IN, Gold In South Africa contents chapter 1 gold in south africa: introduction and overview chapter 2 reserves to doré:the gold mining industry chapter 3 doré to semi, finished product Could South Africa’s Gold Mining Industry Be Gone By 2020? Could South Africa’s gold mining industry be gone by 2020? The South African mining industry is in trouble. That is not in question. South African Gold Mining Facing Uphill Climb, Investing Trouble is brewing again in South Africa, this time in the country’s lucrative gold mining industry, as sides remain deadlocked in wage negotiations. Coal Mining Industry Salary, Average Salaries, PayScale Coal Mining Industry, Salary, Get a free salary comparison based on job title, skills, experience and education. Accurate, reliable salary and Economy of South Africa, Agriculture, Mining, Finance, Real The economy of South Africa, mining, agriculture, finance, currency and real estate market in short. South Africa: Mining Licence Controversies Continue to South Africa: Mining Licence Controversies Continue to Jeopardise Industry. In the midst of a global commodity price bust and a rapid Chinese economic slowdow South Africa, Gold and Diamonds, Country Studies South Africa Table of Contents. South Africa's modern history has often been dated from the first commercial mining of diamonds and gold in the 1870s and the 1880s Is South Africa nationalizing its mining industry?, GlobalPost JOHANNESBURG, South Africa — South Africa’s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is Mining Safety and health education, information and advice KZN Premier says small scale mining sector has major role to play in South Africa’s economy: KwaZulu, Natal Premier Mr Senzo Mchunu today said there needs to be a Production and Investment Forecast in Southern Africa's Coal NEW YORK, Sept. 23, 2013 /PRNewswire via COMTEX/ , , Reportlinker.com announces that a new market research report is available in its catalogue: Production and The South African mining industry, is a crisis imminent? The South African mining industry, is a crisis imminent? Address by Peter Leon Partner and Co, Head of Mining, Energy and Natural Resources, Webber Wentzel, Johannesburg history of mining industry of phosphate in south africa This page is about history of mining industry of phosphate in south africa, click here to get more infomation about history of mining industry of phosphate in south Mining in South Africa to 2015, Industry Dynamics and Figure 4: South African Mining Industry Dynamics, Mining Equipment Figure 5: Consolidated Revenue Trend Analysis for Key Metallic Mining Companies, 2005, 09 South Africa Gold, Flags, Maps, Economy, History, Climate South Africa Gold, Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political Minimum wage in south africa mining sector, Crusher Unit Minimum wage in south africa mining sector. Minimum wage in south africa mining sector GEOG 3104 project 2010 Effects of Mining in Africa History of gold mining in South Africa : Gold was discovered in the Transvaal region (now the Free State amd North West regions) of South Africa in 1886, just fifteen Billionaire Motsepe Says Lack of Trust Hurts South Africa Patrice Motsepe said a lack of trust among South African mining companies, labor unions and the government is undermining prospects for an industry facing at least Mining, South Africa, export, issues, system Since the late 19th century, South Africa's economy has been based on the production and export of minerals, which, in turn, have contributed DIAMONDS,
Views: 20 Psp Kdo
President Jacob Zuma says urgent intervention is needed to save South Africa's mining industry. He's holding a high level meeting with mine bosses and all mining trade unions to discuss progress in bringing about lasting stability and sustainability in the mining sector. President Zuma says the meeting takes place under very difficult conditions. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
Views: 123 SABC Digital News
Watch more https://rtd.rt.com/tags/illegal-mining/ The Democratic Republic of Congo in Africa is one of the world’s most resource-rich countries. A wide range of rare minerals can be found here in abundance, all commanding high prices in world commodity markets. Diamonds for jewellery, tantalum, tungsten and gold for electronics; uranium used in power generation and weaponry and many others. Congo has copious deposits of raw materials that are in high demand internationally but remains one of the poorest countries in the world. From colonisation, with the horrors of slavery and other atrocities, to a turbulent and equally brutal present in which militant groups control the mines, Congo’s richness in natural resources has brought nothing but misery. Referred to as “conflict minerals”, these riches leave only a trail of death, destruction and poverty. Under Belgian rule, Congolese labourers were often required to meet quotas when mining different minerals. Failure could mean punishment by having a hand cut off with a machete. The country gained independence in 1960, but that didn’t put a stop to slave and child labour or to crimes being committed to extract and exploit the minerals. Warring militant fractions from inside the country and beyond seized control of mines for their own benefit while terrorising local populations. For our translator, Bernard Kalume Buleri, his country’s history of turmoil is very personal; like most Congolese people, he and his family fell victim to the unending mineral based power struggle. Born in the year of his country’s independence, he has lived through war and seen his homeland torn apart by violent looting and greed. His story is a damning testament, illustrating how nature’s bounty, instead of being a blessing, becomes a deadly curse. SUBSCRIBE TO RTD Channel to get documentaries firsthand! http://bit.ly/1MgFbVy FOLLOW US RTD WEBSITE: https://RTD.rt.com/ RTD ON TWITTER: http://twitter.com/RT_DOC RTD ON FACEBOOK: http://www.facebook.com/RTDocumentary RTD ON DAILYMOTION http://www.dailymotion.com/rt_doc RTD ON INSTAGRAM https://www.instagram.com/rtd_documentary_channel/ RTD LIVE https://rtd.rt.com/on-air/
Views: 905422 RT Documentary
Gold is quickly becoming the new cocaine in Colombia. The precious metal is now the currency of choice for individuals and groups engaging in illicit trade in the South American country. That's because unlike cocaine, it's perfectly legal to carry gold, and unlike money, it's virtually untraceable. But there are some major side-effects of Colombia's new gold rush that locals are curiously quiet about: erectile dysfunction and brain damage. VICE News correspondent Monica Villamizar travelled to the Antioquia, Colombia, a hotbed of illegal gold mining, to investigate an unprecedented surge in impotence and neurological problems that experts are attributing to mercury, an essential gold-digging element. Watch "Blood Diamonds and Religious War: Diamonds and Division” - http://bit.ly/1zYdmRq Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos
Views: 1209644 VICE News
South Africa's mining sector which is a key pillar of the economy is in crisis. According to industry sources, the sector is at a risk of collapse due to political unrest and labour instability which has negatively impacted investments in the country. This was revealed by Neal Froneman the CEO of Sibanye Gold, who spoke to Reuters during an investment conference on mining in Africa, held in London. "It's just very clear, we sit on a knife edge as an industry - it could well collapse and tha… READ MORE : http://www.africanews.com/2016/11/29/sa-mining-sector-at-a-risk-of-collapse-industry-sources Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 44 africanews
Neal Froneman, CEO of Sibanye Gold, talks about a “modern” South African mining industry.
Views: 258 GIBS Business School
South African Mine Union, AMCU is once again ruffling feathers in the country's mining industry. The Union accepted a wage offer from one of the country's big gold mining companies. But it agreed to do so outside of the collective bargaining council. The South African Chamber of Mines usually negotiates with unions on behalf of the gold mining sector. However during negotiations last year, AMCU refused to sign a wage agreement, while the other three main unions went ahead. But over the weekend AMCU accepted a new offer by Sibanye Gold. Sumitra Nydoo has the details.
Views: 177 CGTN Africa
Gold Dust: Under Blaise Compaore's leadership, Burkina Faso's unregulated gold rush has had a devastating effect on mining conditions. This report digs deep into the industry, exposing the corruption beneath Compaore's ruling. Millions of people - including children as young as fourteen - mine in an unregulated industry for a few golden grams of hope. Marcel toils underground to support his family - but without the glittering rewards promised. “We all have hope, we hope to earn” he says, but "they rob us here...They treat the miner like an animal." 17-year old Soumaele has been mining for two years. His thin body can go to even deeper than the older men, to places where the air is impossible to breathe and the tunnels are likely to collapse. Gold promises a great deal, but in an anarchic industry, teacher Soungalo Hema fears for the future of children like Soumaele: "You try and save them", she says, "but a lot of the time it’s in vain. I ask myself 'what will happen to all of us?'" For similar stories, see: The Children Working On Indian Coal Mines https://youtu.be/0ZA5Az09Zj4 Dangerous 'Rat-Hole' Mining Destroying India's Environment https://youtu.be/jEcA6jnaRek In Nicaragua Children Work in Quarries Instead of Going to School https://youtu.be/y35aStP7BHw Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures For downloads and more information visit: https://www.journeyman.tv/film/6750/gold-dust Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures Wild Angle Productions – Ref. 6750 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 1046804 Journeyman Pictures
MANILA – The Philippines is on the right track with government's crackdown on the mining industry, South Africa's Deputy Minister of Mines Godfrey Oliphant said Friday. Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews
Views: 2983 ABS-CBN News
Dirty Diamonds (1996): Angola boasts the most dangerous and illegal diamond mines in the world. Subscribe to Journeyman here: http://www.youtube.com/subscription_center?add_user=journeymanpictures# Synopsis: From an aerial view, hundreds of men dot the crater ridden landscape. In small groups, bare chested, knee deep in murky water, they sieve gravel for hours until they spot the glitter of one tiny diamond. In town, we interview an illegal trader who compares diamond dealing to the blood diamond trade in a warzone. He takes out a small paper package from his trouser leg and slowly unwraps a cluster of uncut jewels. He carries them to bribe his way out of any difficult situations. The De Beers diamond cartel is keen to stop the illegal diamond trade. A spokesman maintains that most of Angola's diamonds are smuggled out the country and are therefore denied to the people of Angola. We would like to develop a first class diamond field and build a proper mining operation. In this way the country can be further developed. Local mining companies depend on private security firms to guarantee their safety. While filming, bandits with grenade launchers and machine guns take our reporter by surprise. After much bargaining, she is finally allowed to leave the area. For more information, visit https://www.journeyman.tv/film/292 Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews https://twitter.com/JourneymanVOD Follow us on Instagram: https://instagram.com/journeymanpictures Marion Mayor-Hohdahl – Ref. 0292
Views: 11075 Journeyman Pictures
They say I look like Opra Winfrey and my voice sound like Thuli Madonsela :-) well, lets see
Views: 77 Thawa Consulting
Mining has a long history in South Africa, beginning with diamonds, and then followed by gold from the 1870s onwards. The gold mining sector has since expanded into the largest in the world, but declining reserves have led to the closure of hundreds of mines around South Africa’s largest city, Johannesburg. The legacy includes polluted ponds and huge piles of waste called ‘tailings’. This audio slideshow visits a site where these tailings sit beside some of the country’s poorest communities, contaminating both their air and water supplies. Wind blows dust far and wide from these mineral mountains and rainfall creates acid water, which leaches into surrounding streams and wetlands, killing wildlife and contaminating water supplies. Local authorities have installed water filtration plants in the area to reduce the health risks for nearby residents. But the problem persists. http://www.scidev.net/global/water/multimedia/south-african-gold-mines-poor.html
Views: 1161 scidevnet
The National Union of Mineworkers, Women Structure embarked on a national march to the Chamber of Mines, Eskom and South African Federation of Civil Engineering Contractors today, to hand over a memorandum of grievances related to transformation and women empowerment at various workplaces. They argue that gender discrimination still prevails in the mining industry with women comprising a mere 10.9% of the entire workforce. To hear more about the march, we are now joined NUM Women's Structure National Secretary, Phumeza Mgengo For more news, visit: http://www.sabc.co.za/news
Views: 489 SABC Digital News
In this CNBC Africa Special, Bronwyn Nielsen speaks to Tom Albanese, Chief Executive Officer of Vedanta Resources about why China is keeping him awake at night, whether the commodity comeback has been overdone and under-investment in South Africa's mining sector.
Views: 80 CNBCAfrica
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Views: 27 Duio Fehe
In South Africa, wage negotiations in the platinum mining sector are ongoing. Talks began more than three months ago, pitting mining giants against AMCU -- the Association of Mineworkers and Construction Union. Angelo Coppola has more from the sidelines of a mining meeting in Johannesburg.
Views: 196 CGTN Africa
South Africa recently hosted the Youth in Mining Summit - this is a platform for conversations between key players in SA mining industry and young people to enhance the participation of youth owned businesses in mining industry. In the construction sector, youth participation is poor and this signals that there needs to be greater efforts by governments and corporates to bolster both industries. Joining Kicking Doors to discuss these sectors are Mallence Bart-Williams, Founder and Creative Director of Folorunsho, Olebogeng Sentsho, Founder &Head of Operations at Yeabo Mining, Given Montsioa, Founder of Montsioa Construction and Hardware and Mthokhozisi Xulu from SADC Youth in Mining.
Views: 586 CNBCAfrica
Statistics show that the South African economy is losing approximately R6 billion due to criminal syndicates involved in illegal mining. Scores of poor illegal migrants are sent down into abandoned mines to dig for gold and sell it to crime syndicates, mostly at a risk of loss of limp and life. Can the issuing of licenses for artisanal miners help to reduce the carnage? Catch Leihlo la Sechaba every Thursday at 18:00 only on SABC 2. Watch the full programme here on 18:30. Join us then! https://twitter.com/kebalaechoe https://www.facebook.com/LeihloLaSechaba/ [email protected] Leihlo la Sechaba, (Sotho for Eye of the Nation) is an investigative programme where journalists investigate topics of interest, developmental stories, corruption, crime and where possible, discover the truth. Watch this programme every Thursday at 18:00 only on SABC 2. Watch the full episode here at 18:30, directly after the normal TV broadcast on SABC 2. Join us then!"
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Trade Union COSATU is calling for the decriminalisation and regulation of independent small scale mining. The call comes as several illegal miners remain trapped underground at a disused mine in Langlaagte, south of Johannesburg. COSATU has expressed concern at the escalating deaths of illegal miners, also known as Zama Zamas and has called on government and the mining sector to immediately address this. There approximate 140 000 Zama Zamas operating in a billion rand industry. Hundreds have lost their lives in the trade - described as the vulture that feeds off the carcass of South Africa's Mining industry. Christopher Rutledge of the human rights group ActionAid has been tracking, researching and debating trends in illegal mining in South Africa. For more news, visit: http://www.sabc.co.za/news
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Mining Review Editor Laura Cornish discusses the momentous events which were cause for celebration in South Africa’s gold mining industry.
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South Africa's mining sector faces a bleak future. Falling commodity prices have led to more than 70,000 job losses and more job cuts loom. This is according to a statement released by the Mining Industry Association of Southern Africa (MIASA) on Tuesday. "MIASA notes with concern, the large scale retrenchments in the region as a consequence of depressed commodity prices on international markets", said the statement. Southern Africa mining groups warns of steep job losses #MiningIndaba htt… READ MORE : http://www.africanews.com/2016/02/09/tough-times-for-south-africa-s-mining-sector Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
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With Roshelle Ramfol of the Durban University of Technology and Thomas Lassourd of the Natural Resource Governance Institute. Filmed at the NRGI-Central European University School of Public Policy course Reversing the Resource Curse: Theory and Practice in April 2016.
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Mining is becoming a political weapon in South Africa and the rhetoric certainly supports that said Mineral Resources Minister Mosebenzi Zwane, after the news that Anglo American is looking to sell its 69.7 per cent stake in Kumba Iron Ore; which could lead to the emergence of new black economic empowerment champions. Mike Solomon, Mining Analyst & Chairman of the Southern African Institute of Mining and Metallurgy joins CNBC Africa to give insight on South Africa's mining sector outlook.
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It’s been a week of big announcements in the South African mining industry with the news of the Amplats–Northam deal, Merafe's rising ferrochrome output and Exxaro's independent coal power selection. Mining Weekly editor Martin Creamer joins senior deputy editor Tracy Hancock in studio to discuss these developments.
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(20 May 2016) South African mineworkers suffering from silicosis, a lung disease caused by inhaling silica dust are taking some of the world's biggest gold mining companies to court in what their lawyer says is the largest class action suit in the country's history. Thousands of miners are claimants and many more are expected to join the class action law suit. Dr Rhett Khan, who works in the mining town of Welkom in the Free State, worked for 10 years as a medical doctor for miners at Harmony gold mines. He has seen thousands of mine workers suffering from tuberculosis, many of whom died as a result of the illness, and says most of these cases were brought on by silicosis in their lungs as a result of working in the mines. Thabang Moorosi, a former driller in South Africa's gold mines, is one of his patients. Moorosi takes a minute to catch his breath after struggling onto a hospital bed for his monthly lung check. The 60-year-old, a long-distance runner in his youth, was diagnosed in 2005 with silicosis after years of inhaling silica dust at rock faces far below ground. Last week, a South African judge said gold miners who got lung diseases while working underground, as well as families of miners who died of such diseases, can launch a class action suit against those companies. Some companies said they want to reach a settlement to avoid litigation that could last many years. Richard Spoor, the lawyer who initiated the lawsuit, said 35 gold mining companies were defendants. The mines being sued for damages include Anglo American, AngloGold Ashanti, Harmony Gold and Goldfields. Preventing silicosis is relatively simple but costly as it involves ventilating a mine with vast quantities of refrigerated air, Spoor said. During apartheid, South Africa's system of white minority rule which ended in 1994, many young black men worked in the mines until they were sick or dead because there were few protections, he said. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/71b41cbfe3cd4e22f5b0af8ccbcbc52a Find out more about AP Archive: http://www.aparchive.com/HowWeWork
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South African minister of mineral resources has released a draft version of the proposed mining charter that is expected to govern and manage the local mining sector for the foreseeable future. The current charter expired in 2014. However the draft has sparked a debate as it has several contentious issues in it, Angelo Coppola reports.
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Players in the mining industry have declared their commitment to saving jobs. But it's unclear if the declaration signed today can stop a wave of retrenments that threatens to crash down. And union AMCU was once again conspicuous by their absence at the signing ceremony. Up to 19 thousand jobs are at stake - which will worsen the plight of mining communities and is something that South Africa, with an unemployment rate above 25 percent, can ill afford. The Department of Minerals, the Chamber of Mines and Labour representatives all agreed to ten points or interventions. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
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SAGA Talk - 26 Feb 2016 AN UPDATE ON THE SOUTH AFRICAN MINERAL LAW AND POLICY FRAMEWORK: Decluttering the paradigm shift by Professor F.T. Cawood Director of the Wits Mining Institute at the University of the Witwatersrand in South Africa, and the former Head of the School of Mining Engineering at Wits
Views: 144 South African Geophysical Association