Nigeria’s only industrial gold mine yielded 98,000 ounces of the precious metal last year.

Production likely to fall, miner says.

State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism.

Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates.

The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working.

Congo hasn’t been adequately compensated for the copper and cobalt reserves it contributed to the venture, the General Inspectorate of Finance said.

The accident took place at the Blanket mine in Gwanda.