Zimbabwe lithium miners want royalties to be linked to prices
The battery metal has slumped from a peak in late 2022 amid oversupply and weak demand from the electric vehicle sector.
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.”
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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.