Risking their lives in abandoned mineshafts
CNBC AFRICA – They call them zama zamas which means ‘those who try their luck’. Wearing his traditional Zulu earrings, looking hirsute with whiskers on his face, this is Dumisani Ngcamu, otherwise known as Ntshebe – ‘the bearded man’.
Bringing South Africa’s Small-Scale Miners Out Of The Shadows
IPS News – In a country with unemployment rising above 25 percent, South Africans are increasingly looking for job creation in small-scale mining, an often-informal industry that provides a living for millions across the continent.
Yearender: South Africa looks to the future despite challenges
newsghana – South Africa continues to experience slow economic growth of less than one percent. The country is still recovering from the effects of the global financial crisis of 2007/8, while shocks such as Brexit and the decline in commodity prices pose new challenges.
Six of the best: good news stories that lit up 2016
miningmx – Some 18 months earlier short traders ran Glencore’s stock down 27% using fears about runaway debt for tinder. The response from Glencore was described in November by one analyst as ‘stunning’.
Labour relations 2017: Who’ll strike, settle, retrench? Gideon du Plessis looks ahead
biznews – Slackening of tensions in labour relations to be expected in 2017; labour relations scene would be far from boring though.
Study pokes holes in flawed Unctad gold exports report
businesslive – In July, the UN Conference on Trade and Development (Unctad) published a report, Trade Misinvoicing in Primary Commodities in Developing Countries: The cases of Chile, Cote d’Ivoire, Nigeria, SA and Zambia.
Chamber of Mines challenges UN report on gold exports
Fin24 – According to research commissioned by the South African Chamber of Mines and an independent inquiry by economic consultants Eunomix, the research findings by Unctad are “invalid”.
Kamer sê goudmyne kul nié met uitvoer
Beeld – Die Kamer van Mynwese sê dit is onsin dat Suid-Afrikaanse goudmyne $78,2 miljard se goud tussen 2000 en 2014 onderfaktureer het om belasting en ander verpligtinge vry te spring.
Independent report exposes Unctad study on South Africa’s gold misinvoicing as ‘flawed’ – CoM
Mining Weekly – A report commissioned by the Chamber of Mines (CoM), following reports by the United Nations Conference on Trade and Development (Unctad) that alleged South Africa’s mining industry systematically indulged in fraudulent misinvoicing to evade taxes and other legal obligations, has found the Unctad report to be “flawed” and “empirically incorrect”.
Local mining industry still in doldrums – economists
Mining Weekly – South African mining production growth slipped back into negative territory in October, falling 2.9% year-on-year after growing by an upwardly revised 4.7%.