Gangs stealing cables miles underground torment SA platinum mines
Illegal mining has long been a problem in South Africa, though now thefts of equipment are becoming a major worry.
Source: moneyweb.co.za
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SA platinum miners battling gangs stealing cables miles underground
The country’s platinum giants are struggling to contain the syndicates of trespassers known as “zama zamas” — a Zulu name that means “take a chance.”
Source: moneyweb.co.za
Gangs stealing cables miles underground torment South African platinum mines
Enticed by high copper prices, thieves are sneaking in and stripping metal from power cables.
Source: mining.com
RB Platinum to shareholders: Take the Impala buyout offer
Impala Platinum looks like it has found a home for its sizeable cash hoard as Royal Bafokeng Platinum recommends shareholders accept its buyout offer.
Source: moneyweb.co.za
IOL | News that Connects South Africans
Impala Platinum (Implats) saw production drop during the quarter ended September this year as the mining company grappled with an unstable power supply and labour problems at its flagship Rustenburg operations.
Source: iol.co.za