Tag: mining companies
Even with COVID-19 lock-downs affecting output in the mining sector, mining companies in South Africa saw incredible gains in their profits.
Last week the South African Minister of Mineral Resources and Energy Gwede Mantashe announced that mining companies may start re-opening at limited capacities during the extend national lock-down. The mining sector being shut down during the lock-down was of particular concern as our resource based economy will be severely hurt by supply chain disruptions. Joining CNBC Africa for more is Executive Chairman and CEO of Sekoko Resources, Timothy Tebeila.
Tanzania is set to review the contentious arbitration law. The draft Bill comes on the back of new arbitration announcements filed in January by several multinational mining companies over cancelled retention licenses. Madeline Kimei, Founder & Principal at iResolve joins CNBC Africa for more.
What you need to know about the $353 million silicosis settlement between gold mining companies and law firms representing thousands of miners
The settlement follows a long legal battle by miners to win compensation for illnesses they say they contracted over decades because of negligence in health and safety.