Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Lonmin and Amcu celebrate the finalisation of a landmark BEE equity deal.
And, mineworker numbers are set to fall 8% a year.
Lonmin has brought to a close three landmark black economic-empowerment deals with employees and host communities that will now bring black ownership levels in the group to 26% and that have resulted in the creation of several community trusts in the labour-fractious Marikana region of the North West.
Lonmin CEO Ben Magara
The number of mineworkers employed in gold mining and platinum mining in South Africa is expected to decline by about 8% a year in the next two years, says Teba Limited CEO Dr Graham Herbert.
Teba Limited CEO Dr Graham Herbert
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