A landslide at the Kamoto Copper Company (KCC) concession killed 43 people, prompting the government to vow the miners’ removal
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Following extensive consideration Afrimat has decided not to proceed with the acquisition
The owners of the mine, Metallon Corporation, confirmed the incident and denied the victims as company employees
Barrick has said it plans to shed $1.5 billion of less productive mines.
South Africa produces about 70% of the world’s supply and has 80% of the world’s platinum reserves.
Mining production increased by 3.8% in March when compared to February.
The sector’s potential for national development and wealth creation have not been harnessed.
Katanga mining is a unit of Swiss commodity trader, Glencore, which owns about 86% of the entity.
SABC says experts have launched a rescue operation to search for more than 20 people trapped underground.