BREAKING: South Africa to shut all mines, furnaces as country enters 21-day shutdown

March 24, 2020 / www.metalbulletin.com / Article Link

South Africa will enter a 21-day nationwide lockdown from midnight on Thursday March 26 and ordered the country's metals and mining operations to be placed on care and maintenance.

In an address to the nation, President Cyril Ramaphosa said the move was in response to the spread of the novel coronavirus (2019-nCoV) and would last until midnight on April 16. 

"Companies whose operations require continuous processes, such as furnaces, underground mine operations, will be required to make arrangements for care and maintenance to avoid damage...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok