South African gold mines resume operations
Posted by travelhouseuk on October 20, 2008
South Africa is said to be currently reviewing results of a mine safety audit ordered after more than 3,000 Harmony Gold Mining Co. workers were trapped underground in Elandsrand mine a year ago.
Government began suspending mining operations following fatal accidents after mine deaths rose more than 10 percent last year to an estimated 221 from a year earlier. Gold Fields reportedly advanced R2 or 2.8 percent to R74.75 in Johannesburg, giving the company a market value of R49 billion (US$4.9 billion).
Group has gold mines in South Africa, Ghana, Australia and Peru. South Africa reportedly has an appalling safety record and about 140 workers have died in mines so far this year, compared to 221 in 2007 and 200 in 2006.
Gold Fields has had worst record of deaths among mining companies, and it has vowed to cease mining if it cannot mine safely. At the time, it shut part of Driefontein for safety improvements, group also closed main shaft at its Kloof mine in South Africa for safety repairs.
South Africa has an appalling safety record with about 140 workers dead in mines so far this year, compared to 221 for whole of 2007, and 200 in 2006, reports show.
This entry was posted on October 20, 2008 at 12:27 pm and is filed under South Africa. Tagged: africa, news, South Africa, world. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.



