South Africa’s NUM union says 1,722 jobs to go at Evander Gold Mine
Deteriorating and inadequate infrastructure at the mine, high operating costs, such as rising electricity, labour costs, and a low gold price.
Deteriorating and inadequate infrastructure at the mine, high operating costs, such as rising electricity, labour costs, and a low gold price.
Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.
So far, repeal of the Clean Power Plan has not really equated with putting coal miners back to work, something Trump has pledged to do again and again.
Statistics come as the administration of President Donald Trump claims credit for new jobs in the coal industry.
Move seeks to ensure the sustainability of Namdeb land-based operations.
Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.
South Africa's Solidarity union cites low commodity prices and rising costs as two main factors behind the job cuts.
The Queensland Government is getting behind a pilot program that, together with an industry group, is hoping to bring thousands of mining equipment and services positions to the Bowen Basin within the next decade.
The miner warned further reductions could be in store at those operations, which employ 31,000 people.
While Trump vows to save coal, many miners look elsewhere. Natural gas jobs don’t offer the same stability as coal did.
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