Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

employment thumb100 Fin24 reports that according to the Deputy Minister of Mineral Resources Godfrey Oliphant, investment in smaller mining companies could help stem the tide of job losses in the troubled sector and speed up the process of beneficiation.  

Addressing the Junior Mining Indaba on Tuesday, Oliphant said the new junior miners’ programme would provide opportunities for small-scale players entering the sector.  During his address Oliphant said:  “The mining sector has over the past years seen a large number of job losses.... the sector currently employs just about 450,000 people.  That can change if we invest in junior mining.”  Oliphant said there were currently over 90 companies on the junior mining database, and most of them had challenges over access to capital required for projects.  He added:  "Emerging miners in South Africa are faced with a number of challenges including, among others, delays in the administration of mining rights and water use licence applications... and in some instances lack of technical expertise."  He told delegates that his department was working with the Department of Trade and Industry to help smaller mining firms gain knowledge from other emerging countries and seek investors.

  • Read this report by Sibongile Khumalo in full at Fin24


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