Illegal mining issue too big for companies to handle on their own

Pan African Resources, a gold miner in Mpumalanga, has doubled spending on security to R106m to prevent illegal mining primarily at its Barberton property.

Barberton, which has been mined since 1886, is a Swiss cheese of shafts and underground workings in the hills bordering Swaziland. A decade ago there was a huge rise in illegal mining around the town where Pan African is essentially the only mining game in town.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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