Category archives for: Mining & Engineering

Motsepe’s ARC listing transforms financial services sector

Dr Patrice Motsepe, Chairman of African Rainbow Capital and
Ubuntu Botho Investments sounding the kudu horn.IMAGE PROVIDED

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – AFRICAN Rainbow Capital (ARC) Investments Limited has listed on the main board of the Johannesburg Stock Exchange. It is the 12th company to list on the JSE this year and brings the total amount of capital raised on the exchange to date in 2017 to just over R76 billion (about$6 billion). […]

Prioritise safety over bonuses, NUM warns miners

National Union of Mineworkers

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – SA National Union of Mineworkers (NUM) has discouraged miners from risking their lives in pursuit of production bonuses. The dissuasion comes in the wake of the death of five workers after they were trapped underground at Kusasalethu outside Carletonville, west of Johannesburg. “When the workplace becomes unsafe they (miners) should stop working […]

Marikana victicms remembered

Marikana

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – SOUTH African opposition parties and labour groups are commemorating the fifth anniversary of the massacre of more than 30 miners northwest of the country. The killing of the 34 protesting miners by trigger-happy South African Police Service (SAPS) in Marikana, near Rustenburg on 16 August 2012, is among the most […]

Mining sector central to Nigeria economic revival

mining2

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – AN expert is optimistic the solid minerals sector can play a pivotal role in diversifying Nigeria’s under pressure economy. Cyril Azobu, the expert, optimism if the right steps were taken and the current momentum sustained, the sector in Nigeria can contribute up to 3 percent […]

Massive mining job cuts leave SA on the edge

South African mine workers face bleak future

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – SOUTH Africa is sitting on a ticking time bomb with the loss of thousands of jobs in the mining sector due to the economic recession. Recently, 21 000 miners lost their jobs in a country whose credit status has been rated as junk. During the period, Sibanye Gold has […]

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