Three people shot dead after mob rushes Aquarius Platinum mine
Three protestors are dead and 20 are injured at Aquarius Platinum’s Kwezi shaft when 200 disgruntled former contractors, some carrying petrol bombs, forced their way onto the company’s property on Wednesday. The mine shaft is located in South Africa, near Rustenburg.
A security company, hired by the miner, attempted to disperse the crowd.
“The people are understood to be former employees of the mine’s mining contractor, who were dismissed following illegal strike action in June 2012,” said the company in a statement.
Members of the South African Police, who were on site at the time of incident, have restored order.
Aquarius Platinum (LON:AQP) has been struggling due to regulatory hurdles, labour disruptions and low PGM prices. Early this year the South African miner placed its Everest mine on care and maintenance.
Image of Kroondal Platinum Mine (Kwezi Shaft) from wikimapia
More News
Brazil’s red tape is ‘cooling’ investment, mining group says
Big miners are expected to invest $68.4 billion in Brazil between 2025-2029, a figure that could be higher if the permitting process were streamlined, Ibram CEO says.
March 10, 2025 | 01:27 pm
Major copper producer Peru readies US delegation amid tariff threat
“The rules of the game are changing quickly under the new North American administration,” Energy and Mines Minister Jorge Montero said on Monday.
March 10, 2025 | 10:46 am
Meridian hikes Cabaçal gold-copper project value by 71% in Brazil after new study
Updated report for the project in Brazil increases its post-tax net present value (NPV) by over 66% to nearly $1 billion.
March 10, 2025 | 10:08 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments