Africa’s fourth-biggest producer of gold, Tanzania, has awarded licences to China to construct a mineral smelter and two gold refineries. The Tanzanian government seeks to generate more revenues from the nation’s mining industry.
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Africa Still Struggles To Mine Its Own Gold – Tanzania Gives Chinese Licence To Build Refineries, Smelters and Mines
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Eskom crisis as not just a crisis but a potential disaster – Eskom Price Hike To Cost SA 90,000 Mining Jobs – Unemployment rates to rise, all thanks to Eskom!
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Labor unions have threatened strikes over the job cuts at mining firms as well planned reductions at a numerous state-owned companies. JOHANNESBURG – South Africa’s gold and platinum mines will shed around 90,000 jobs in the next three years as above-inflation electricity price increases by power utility Eskom add to already soaring operating costs, an..
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Are the Guptas starting to feel the heat?
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Gupta-owned Oakbay Investments has sold Tegeta Exploration and Resources to Swiss-based Charles King SA for R2.97-billion, it announced on Wednesday. The firm is at the centre of former Public Protector Thuli Madonsela’s State of Capture report, which found irregularities with its dealings with Eskom. Brian Molefe stepped down as a result of the report in..
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