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A decline in labour unrest and safer mines have made exposure to gold a less-risky proposition. Plus, a leap in share prices, brought on in part by a weaker rand, has boosted local producers. ....
Landslide in Papua New Guinea kills 15 gold miners, children A landslide in Papua New Guinea’s Central Province buried alive 15 people, including 3 children, on December 28. The horrific incident occurred between 4 and 5 a.m. Heavy rains triggered a large movement of mud, trees and logs which engulfed a makeshift long hut at the base of a hill. Makeshift rescue efforts were unsuccessful, after people attempted to dig through the mud using only shovels and sticks. Bodies recovered from the landslide (Credit: Central Province administration) News of the disaster took more than a day to emerge due to the remoteness and inaccessibility of Saki village, in Central Province’s Goilala District. With no mobile phone coverage and no roads, access requires a helicopter trip or a two hour walk. The area is only around 100 kilometres north of the country’s capital Port Moresby the lack of basic transport and communication infrastructure reflects the enormous poverty in t ....