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When will Bloomberg do a story about the human costs of gold price suppression?
And when will South Africa's own government care about that issue?
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'Will I Come Back Dead?' Human Costs of South African Gold
By Felix Njini
Bloomberg News
Sunday, September 9, 2018
After more than two decades of improving mine safety since the end of apartheid, South Africa's progress has stalled with an increase in gold-mining deaths.
More than 50 people have died in the country's mines in 2018, roughly the same number as this time last year. While annual death tolls are far lower than the 615 in recorded in 1993 -- the last full year of apartheid -- 2017 witnessed the first rise in 10 years.
... Dispatch continues below ...
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Most of the gold mining fatalities are due to workers being crushed under falling rocks, caused by more frequent tremors as companies dig deeper for the precious metal, in some cases reaching depths of more than 4 kilometers (2.5 miles). The government is investigating Sibanye Gold Ltd.'s operations, where over half the gold mining deaths occurred this year.
"When you wake up in the morning you think, will I come back dead or alive?" said Sivelly Mangola, a 40-year-old rock drill operator at Sibanye's Driefontein mine who was once trapped for 30 minutes by a rockfall. "It's traumatizing." ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2018-09-09/-will-i-come-back-dea...
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New Orleans Investment Conference
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