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Miningmx reports that Richards Bay Minerals (RBM), a company controlled by Rio Tinto, confirmed that its GM Nico Swart had been shot dead on Monday morning whilst travelling to work.
“The circumstances of the shooting are unknown at this stage and the incident is being investigated by the South African Police Services (SAPS),” said RBM, adding that it was cooperating with the SA Police Service (SAPS). More than 20 high-caliber bullets were sprayed into Swart’s vehicle in Meerensee, a residential area about 25 minutes from RBM, shortly before 7am, according to a report by the Zululand Observer. Swart was 47 years old and had worked at RBM for 14 years. He is survived by his wife and two children. The murder has sent shockwaves through Rio Tinto, which told Bloomberg News in April that it was unsure when a $463m expansion of RBM would proceed because of security problems. Work on the project was halted two years ago. RMB employs about 5,000 workers and exports titanium dioxide slag. The project, known as Zulti South is intended to extend the life of the entire operation as commercially viable ore at other sites is depleted. RMB initially targeted completing the project this year.
- Read the full original of the report in the above regard at Miningmx
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