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Despite the mining industry facing a tough economic climate and regular strike action over the past year, the Department of Mineral Resources has approved 36 new mining licences in the past year. These projects have the potential to create about 6 000 much-needed jobs in the sector, particularly ahead of more job cuts by some of the biggest miners in South Africa.
Falling metal prices and increasing labour costs are just two of the reasons that companies like Lonmin and Harmony will be reducing their workforces. Lonmin announced a planned cut of 10 percent of its labour force, amounting to 3 500 employees, while Harmony has cut more than 5 000 jobs since 2012. Similarly, Last week BHP Billiton announced that it will be simplifying its portfolio by demerging a group of high quality assets to create South32, necessitating a labour reduction.
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If you've never been in a mine, this picture should explain why behemoth and metal giant are terms that are entirely appropriate for mining trucks.
We were visiting a client, here is some gold they mined.
Michael Oistacher
Vice President
michael.o@mgsrefining.com
Manhattan Gold & Silver, Inc
45 W 47th Street
New York, NY 10036
212-398-1454
212-391-7853 Fax
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People ask me What do you do for a living? I tell them I am a geologist...it's not what I do...it's what I am. Old photo! I was Chief Geologist and Exploration Manager at the Mesquite Gold Mine for 10 years-1985-1995.
Gominer Company is a token based cloud mining that supports multi-mining for more profitable mining experience
Entering Britannia Mine, Squamish, B.C. A dis-used copper mine, now a museum. Very impressive and well worth a visit.
This old mining building is in the Red Mountain mining area of the San Juan Mts.
Real close to the summit of Red Mt. Pass on US 550
DSC_6574-01
Deutsches Bergbau-Museum Bochum