Asante nets $500m forward purchase deal for gold produced at Bibiani
The Vancouver-based gold miner said it expects gold production at Bibiani to exceed 15,000 oz. per month by mid-year.
Seven illegal miners have died and 12 are seriously injured as a result of a clash between competing groups in a mine in Johannesburg’s East Rand, South Africa.
According to The New Age, police were alerted Sunday of a violent fight involving guns at an underground shaft of the Brakpan North mine.
Rescue operations were still underway at the mine on Tuesday morning, and official sources said there is a high possibility the number of fatal victims will increase.
Meanwhile Reuters reports a miner was shot dead near Lonmin’s (LON:LMI) Marikana mine, fuelling rumours of fresh labour tension in the platinum belt, which last year was the scenario of massive and violent strikes.
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