Zimbabwe central banker stockpiles gold to bolster ZiG currency
The ZiG - short for Zimbabwe gold — is the nation’s sixth attempt at having a functioning local currency in the last 15 years.
A Village Main Reef (JSE:VIL) miner was killed on Saturday evening after falling underground, said the company in a statement.
The fall was related to a seismic event at its Blyvoor operation near Carletonville. The name of the miner was not released.
“The Department of Mineral Resources (‘’DMR’’) inspectorate in the Gauteng Province was alerted and an initial investigation has been conducted,” said the company.
“The inspectorate has issued a Section 54 instruction in relation to specific working areas impacted by geological structures, with the remainder of the mine operating as per normal. The management of Blyvoor is working closely with the DMR to minimize the duration of the stoppage on production at Blyvoor, while a full investigation continues.”
Image by J Duggan / Shutterstock.com
CORRECTION: The news story published the wrong location of the accident. The story has been corrected. We apologize for the error.
Comments
Paul Nex
Would you like to explain how a seismic event in the north eastern Bushveld Complex (Lesego exploration project) has resulted in a fall-of-ground at Blyvoor in the Witwatersrand Basin? The distance is approximately 300 km.