Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Task team to advise on SA mine closures

Jan 27 2012 14:50 Reuters

Related Articles

Davies to probe Exxaro refinery closure

Safety stoppages hit Lonmin Q1 production

Lonmin workers get wage increase

Xstrata still betting on Lonmin

Lonmin finalises wage deal

 

Top Stories

Budget broadly welcomed

Feb 22 2012 22:25

Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's proposed 2012/13 Budget.

Change way provinces are run - Gordhan

Feb 22 2012 21:06

Finance Minister Pravin Gordhan has called for sweeping changes to be made in the way provinces are run.

Domestic workers to get provident fund

Feb 22 2012 16:12

The state will start provident funds for domestic and farm workers by next year and look into medical schemes for the security sector.

 
Share Share line Print
Cape Town - South Africa’s chief mine inspector on Friday defended safety-related mine closures that have cut into production at the world’s top platinum producer.

Lonmin, the world’s No 3 producer, lost 177 000 tonnes production to safety stoppages in its first quarter, more than eight times the level of a year earlier and threatening full-year targets. Anglo American’s Anglo Platinum last week voiced its concern about closures for inspections.

“The industry is really not disputing the Section 54s. They are really disputing the number of days lost,” David Msiza, the chief inspector of mines, told reporters after briefing parliament.

Section 54 of the Mine, Health and Safety Act allows inspectors to shut mines if serious transgressions are found that could lead to fatality or injury.

He said a task team will look at the how the ministry implements its inspection mandate, trying to minimise the amount of production lost due to inspections.

Mine safety is a huge issue in South Africa, which has some of the deepest and most dangerous mines worldwide.

Msiza said close to 90% of the country’s fatalities occurred in bigger mines, which should have the necessary capacity to prevent them.

According to government data, 855 miners were killed in South Africa in 1986 but that number has fallen, hitting 220 in 2007 and 169 in 2009.

The ministry plans to release updated statistics soon on fatalities, which have been on the decline in recent years.

 
 
Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
Tech Tonic - The real problem with job creation
Feb 21 2012 12:46

Anthony De Rosa sits down with Venture for America founder and CEO, Andrew Yang, to talk about the real issues in job creation.

Sasha

"It sounds much cleverer to be bearish, it makes it sound like you know something about the future that nobody else does. ... The reason why the economy does better, businesses do better, people innovate and companies make more money than the previous year (and their share prices go up) is because ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...