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Phalaborwa is home to Palabora Mining.The massive open pit mine, nearly 2,000 meters across, is Africa's widest manmade hole. Founded in 1951, Foskor's Mining Division in Phalaborwa mines phosphate rock (foskorite and pyroxenite), from which Foskor's Acid Division in Richards Bay produces phosphoric acid and phosphate-based granular fertilisers for local and international markets.
Blue Horizon Investments (24%) and RBM permanent employees (2%) also have an interest in the mine. Prior to 2012, BHP Billiton owned 37% but that interest was later purchased by Rio Tinto in February 2012. [3] In April 2019, Rio Tinto announced an investment into the Zulti South project, which is located south of Richards Bay. [4]
Mining companies such as Rio Tinto have said that it is also the government's responsibility to deal with the side effects of fly-in fly-out, including housing shortages and the need to develop further infrastructure in the mining regions such as hospitals and schools to fulfil demand, as the Government benefits greatly from increased tax and ...
According to Mining Weekly, the union sees itself as distinct from NUM in that it is "apolitical and noncommunist". [ 2 ] Competition with NUM over bargaining rights, especially at the Impala Platinum and Lonmin mines in the Rustenburg area culminated in the violent Marikana miners' strike and what became known as the Marikana Massacre on 16 ...
Skorpion Zinc is a zinc mine in the ǁKaras Region of southern Namibia, producing Special High Grade (SHG) zinc. The mine is situated near Rosh Pinah. It was established at a cost of US$450 million by Anglo American in 2003. [2] [3] It is the tenth-largest zinc mine in the world, and the largest employer in Rosh Pinah, providing 1,900 jobs. [4] [5]
The government puts profits from the mining into a trust for the islanders. This trust reached a peak of A$1 billion, returning approximately 14% annually. Poor investments and corruption have left the trust fund nearly empty and therefore Nauru with little money. In the year 1948, revenues from phosphate mining were A$745,000.
In 2008, the South Wales Valleys last deep pit mine closed with the loss of 120 jobs. The coal was exhausted. [ 27 ] British coal mines employed only 4,000 workers at 30 locations in 2013, extracting 13 million tonnes of coal.
Following the collapse of phosphate mining in 2002 due to the virtual exhaustion of financially viable resources, repatriation of many foreign workers began. From 2004 to 2005, foreign workers were reduced from 1,478 to 470. Most of the workers were from Kiribati and Tuvalu.