The Talking Point

Mantashe: Illegal mining costing the country R60- billion


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Guest: Frans Baleni - Former mineworker, unionist and Former
NUM General Secretary
Guest: Peter Major - Director of Mining - Modern Corporate Solutions (He’s very good with Mining economics,  operations and so on for many years

Mineral and Petroleum Resources minister, Gwede
Mantashe says that illegal mining is a war on the economy. He
was speaking during a media briefing in Pretoria, on the Mines
Health and Safety statistics for 2024. The issue returned to the
spotlight when over one-thousand-900 illegal miners were

retrieved from a disused mine in Stilfontein in the Northwest.
The SAPS launched its crackdown operation, Vala Umgodi at the
mine in August last year. He went on to say that. Precious metals
illicit trade is estimated to about 60 billion. Let’s take a listen to
what he said…


 

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The Talking PointBy SAfm