Gold mine gangs tote AK-47s to outgun South African police
After meeting with gold mining companies in October, the Minister of Police Bheki Cele started considering plans to set up a task force to tackle violence.
The National Union of Mineworkers (NUM) and the Chamber of Mines, which has been negotiating on behalf of the country’s main coal producers, will sign the agreement later today.
Hundreds of thousands of workers are suing 32 gold mining firms after contracting silicosis and tuberculosis working the country's ultra-deep gold mines.
World's 5th largest gold miner up nearly 8% after saying it's co-operating with SEC and DoJ investigating whistleblower case at giant West Africa mine.
The Johannesburg stock market, the capitalist heart of South Africa's 'City of Gold', is close to relegating the last bullion producer in its bluechip index, the latest sign of the precious metal losing its place in an economy it once dominated.