Mining industry calls for government intervention to stop armed gangs at mines | IOL Business Report

JOHANNESBURG - The mining industry has called for government intervention in the sector following the spate of brazen killings by heavily armed gangs at different mines.

Mine executives this week said they reached out to authorities citing that smelters had become crime hotspots that threatened the survival of the entire industry. A gang escaped with calcine concentrate, estimated to contain up to 17 kilograms of gold at DRDGOLD’S Ergo Plant in Brakpan killing, Bart Coetzee, a long-serving security guard during an exchange of fire last October.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hustlenomics comes out tops in SA leg of Chivas Venture | IOL Business ReportChivas Venture supports bright young minds who dream up creative and authentic solutions by making them a reality.
Source: IOL - 🏆 46. / 51 Read more »

A deeper look at Ramaphosa's overhaul of the SA energy industry | IOL Business ReportIn his SONA2020, President CyrilRamaphosa announced sweeping changes to the nation’s electricity industry to address energy shortages and reduce reliance on debt-stricken Eskom_SA. Here's what that means: CyrilRamaphosa Eskom_SA It means they stopped loadshedding for 2 days but SONA is over now so we back to stage 2! 🤬 CyrilRamaphosa Eskom_SA It means nothing, talk is cheap. We all know the only thing the ANC can action on is looting of state coffers and enterprises. Empty promises are dime a dozen, failure to deliver is blamed on an era gone by or white monopolies
Source: IOL - 🏆 46. / 51 Read more »

Mining companies welcome plans to open up power generationPresident Cyril Ramaphosa in his annual state of the nation address Thursday night outlined a raft of steps that will allow firms to generate electricity for their own use. Are we being sabotaged? Is what continues to destroy the economy.. we are way past threats now, this has been happening for a while
Source: SowetanLIVE - 🏆 13. / 63 Read more »