Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Local media in the Democratic Republic of Congo are reporting the passing of at least 40 people following a landslide at an artisanal gold mine.
The accident is said to have taken place in the town of Nyange, located in the eastern province of South Kivu.
According to witnesses quoted by different websites, police, the armed forces and traditional chiefs, among other groups, are helping in the emergency and have been able to recover six bodies.
If the accident is confirmed, it would be the deadliest in the area. Back in December 2016, 20 artisanal miners were killed in the Fizi district following the collapse of a quarry caused by heavy rains.
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