logo

Gold mining firms set aside $360MN for S.Africa silicosis law suit

PUBLISHED: Thu, 23 Nov 2017 10:30:20 GMT

Share

Six gold mining firms, including Anglo American, have made a 5 billion rand ($361 million) provision to settle a class action law suit with thousands of miners who contracted fatal lung diseases while working in South African mines, an industry document said on Wednesday.

Image: Public Domain Pictures

Earlier on Wednesday, lawyers acting for miners who contracted silicosis and TB said settlement talks with implicated gold companies for an out-of-court deal could be reached by December.

($1 = 13.8422 rand)

Reporting by Wendell Roelf; Editing by Joe Brock


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED