One in five mining jobs disappear :: Mmegi Online

For every five people directly employed in the minerals industry last year, one lost a job, according to data made available yesterday in the National Assembly.

Mineral Resources, Green Technology and Energy Security minister, Sadique Kebonang told legislators that overall numbers of direct employment in the mineral sector had declined 21% to 19,519 workers last year. The latest data indicates weakening employment figures in mining, from 24,572 in 2014, to 23,761 in 2015.

The drop was largely due to the closure of BCL and Tati Mines, which were placed under provisional liquidation in October, with the main shareholder, Government, citing excessively high costs of operating capital required. “Copper and nickel prices showed improvement in 2016 from US$2.06/pound to US$2.65/pound for copper, and US$3.80/pound to US$5.20/pound for nickel respectively.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Explore

More

One in five mining jobs disappear

For every five people directly employed in the minerals industry last year, one lost a job, according to data made available yesterday in the National Assembly.

Axed quartet's future rests on Appeals Committee

BNSC accedes to Dynamos' request to use National Stadium

Concern as Masitaoka follow VTM out

Golden Grand Prix returns under a new name

Botswana snatches defeat from the jaws of victory

Lekorwe improves on Rebatenne's record in Africa

After Tokyo’s COVID Olympics, Paris has been reframed as the Conflict Games

'I was deceived'

BDP primaries leave a lot to be desired