Mining

South Africa’s Ramaphosa says troops will deploy to tackle crime gangs | Crime News

President Cyril Ramaphosa says the military will work with the country’s police force to counter ‘gang wars’ that threaten ‘our democracy’.

South African President Cyril Ramaphosa said he will deploy the army to work alongside the police to tackle high levels of gang violence and other crimes in the country.

Ramaphosa said on Thursday that he had directed the chiefs of the police and army to draw up a plan on where “our security forces should be deployed within the next few days in the Western Cape and in Gauteng to deal with gang violence and illegal mining”.

Recommended Stories

list of 4 itemsend of list

“Organised crime is now the most immediate threat to our democracy, our society and our economic development,” the president said in his annual state of the nation address.

“Children here in the Western Cape are caught in the crossfire of gang wars. People are chased out of their homes by illegal miners in Gauteng,” he told Parliament in his address.

“I will be deploying the South African National Defence Force to support the police,” he said.

South Africa has one of the highest homicide rates in the world, with approximately 60 deaths each day involving killings in wars between drug gangs in areas of Cape Town and mass shootings linked to illegal mining in Johannesburg’s Gauteng province.

The South African leader said other measures to fight crime include recruiting 5,500 police officers and boosting intelligence while identifying priority crime syndicates.

“The cost of crime is measured in lives that are lost and futures that are cut short. It is felt also in the sense of fear that permeates our society and in the reluctance of businesses to invest,” Ramaphosa said.

Residents look on as police stand guard while South African President Cyril Ramaphosa visits crime ridden Hanover Park to launch a new Anti-Gang Unit, in Cape Town, South Africa November 2, 2018. REUTERS/Mike Hutchings
Residents look on as police stand guard while South African President Cyril Ramaphosa visits crime-ridden Hanover Park to launch a new Anti-Gang Unit, in Cape Town, South Africa, in 2018 [File: Mike Hutchings/Reuters]

Crime syndicates

Guns are the most commonly used weapon in South Africa, according to authorities, and illegal firearms are used in many crimes, despite the stringent rules governing gun ownership in the country.

Authorities in South Africa have also long struggled to prevent gangs of miners from entering some of the 6,000 closed or abandoned mines in the gold-rich nation to search for remaining reserves.

The government claims that the miners, referred to as “zama zamas”, or “hustlers” in Zulu, are typically armed, undocumented foreign nationals who are involved in crime syndicates.

In 2024 alone, South Africa lost more than $3bn in gold to the illegal mine trade, according to authorities.

Ramaphosa also said authorities would pursue criminal charges against municipal officials who fail to deliver water to communities where shortages are among the main issues that anger most voters.

“Water outages are a symptom of a local ⁠government system that is not working,” the president said of the worsening water crisis resulting from a drying climate and consistent failures to maintain ⁠water pipes.

“We will hold to account those who neglect their responsibility to ⁠supply water to our people,” he said.

Residents of the country’s biggest city, Johannesburg, held scattered protests this week after taps had been dry in some neighbourhoods for more than 20 days.

Ramaphosa also called out “powerful nations” who exert their “dominance and influence over less powerful states” and said South Africans could not consider themselves “free” as “long as the people of Palestine, Cuba, Sudan, Western Sahara and elsewhere suffer occupation, oppression and war”.

Ramaphosa, who became head of state in 2018, has led South Africa’s first-ever coalition government since ‌June 2024, when the ANC lost its parliamentary majority for the first time since ending apartheid 30 years earlier.

The coalition, which includes the pro-business Democratic Alliance, has helped restore confidence in Africa’s largest economy.

But widespread, persistent unemployment has not improved, and the government is under pressure to show it can improve service delivery.

Source link

Five employees of Canadian mine found dead in Mexico, authorities say | Mining News

Mexican authorities say they are working to identify five other bodies after 10 workers were kidnapped last month.

Five of 10 employees who were abducted from a Canadian-run mine in Mexico last month have been confirmed as dead, authorities said.

Mexico’s Attorney General’s Office said on Monday that authorities have identified five bodies found at a property in El Verde, a rural locality in the state of Sinaloa, and are working to identify the remains of five other people.

Recommended Stories

list of 4 itemsend of list

“It is important to note that prosecutorial authorities have remained in contact with the victims’ relatives,” the office said in a statement.

“In the cases where the bodies have already been identified, they will be transferred to the states of Zacatecas in two cases, as well as to Chihuahua, Sonora, and Guerrero,” it added.

Authorities, who last week arrested four people in connection with the case, will continue gathering evidence to ensure the killings “do not go unpunished”, the office said without providing information on a possible motive.

Vizsla Silver, the operator of the Panuco gold and silver mine located near Mazatlan, Sinaloa, said earlier on Monday that it had been informed by a number of families that their loved ones had been found dead.

“We are devastated by this outcome and the tragic loss of life. Our deepest condolences are with our colleagues’ families, friends and co-workers, and the entire community of Concordia,” Michael Konnert, president and CEO of Vizsla Silver, said in a statement.

“Our focus remains on the safe recovery of those who remain missing and on supporting all affected families and our people during this incredibly difficult time,” Konnert said.

Vizsla Silver, based in Vancouver, reported on January 28 that 10 of its workers had been taken from its project site and that it had informed authorities.

Sinaloa has been rocked by escalating gang violence linked to a rivalry between factions affiliated with two cofounders of the Sinaloa Cartel, Ismael “El Mayo” Zambada and Joaquin “El Chapo” Guzman, both of whom are in custody in the United States.

The western state in Mexico saw more than 1,680 homicides in 2025, making it the most violent year in more than a decade, according to a tally by the Mexican newspaper Milenio.

Source link

India coal mine blast leaves 18 dead, others feared trapped | Mining News

Explosion took place at an unregulated mine in the northeastern East Jainta Hills area.

An explosion at an illicit coal mine in northeast India has killed at least 18 people, according to local authorities.

Police on Thursday said they had pulled 18 bodies from the blast site, located in a remote part of East Jainta Hills district.

Eight others were wounded in the incident, said local official Manish Kumar. It is unclear how many workers were at the site during the explosion; others may still be trapped, said police.

Kumar said rescuers paused operations at sundown Thursday and planned to resume Friday with support from state and federal personnel. He described the site as an “illegal rat-hole mine”, referring to a deep, narrow shaft where workers risk hazardous conditions to extract coal and other minerals.

District police chief Vikash Kumar said dynamite likely triggered the blast, but investigations were ongoing.

“It is likely that the workers died either from burn injuries or breathing issues because of the release of noxious fumes,” said Kumar in a statement carried by The Indian Express. “But because there is no one who has come out in a condition to tell us exactly what happened and how many workers were there in total, we do not have an estimation of how many more may be trapped.”

Prime Minister Modi announces compensation

Conrad Sangma, chief minister of the Indian state of Meghalaya, where the incident occurred, pledged that authorities would hold those responsible accountable and urged against illegal mining.

Prime Minister Narendra Modi expressed “condolences” to the families of the deceased workers and announced a 200,000 rupees ($2,216) compensation package for each family. “Pained by the mishap in East Jaintia Hills, Meghalaya,” his office wrote in a post on X.

Unregulated coal pits are common in India’s east and northeast regions, with workers earning between $18 to $24 for a day-long shift.

Back in 2018, at least 15 miners were killed while trapped in one such mine in Meghalaya state.

Rat-hole mining has been banned in Meghalaya since 2014 due to water pollution concerns.

Source link

What is the US strategic minerals stockpile? | Business and Economy News

United States President Donald Trump has announced the launch of a strategic minerals stockpile.

The stockpile, called Project Vault, was announced on Monday. It will combine $2bn of private capital with a $10bn loan from the US Export-Import Bank.

Recommended Stories

list of 4 itemsend of list

It is the latest move by the White House to invest in rare-earth minerals needed in the production of key goods, including semiconductor chips, smartphones and electric car batteries.

The aim is to “ensure that American businesses and workers are never harmed by any shortage”, Trump said at the White House.

The move to develop a strategic stockpile is the latest in a slew of efforts by the Trump administration to take control of the means of production for critical rare-earth materials to limit reliance on other countries, particularly China, which has held up its exports to gain leverage in negotiations with Trump.

Here’s a look at some of the investments the US government has made in this space.

What are the investments?

In 2025, the Trump administration acquired equity stakes in seven companies by converting federal grants into ownership positions. Among the investments is a 10 percent stake in USA Rare Earth, which plans to build rare-earth element and magnet production facilities in the US.

The project is supported by $1.6bn in funding allocated under the CHIPS Act, legislation passed during the administration of former Democratic President Joe Biden, aimed at reducing dependence on China for semiconductor manufacturing.

USA Rare Earth announced the investment last week and expects commercial production to begin in 2028.

The US government also acquired a roughly 10 percent stake, valued at about $1.9bn, in Korea Zinc to help fund a $7.4bn smelter in Tennessee through a joint venture controlled by the US government and unnamed US-based strategic investors, who would then control about 10 percent of the South Korean firm.

The venture will operate a mining complex anchored by two mines and the only operational zinc smelter in the US. Construction is set to begin this year, with commercial operations expected to start in 2029.

In October, the government announced a $35.6m investment to acquire a 10 percent stake in Canadian-based Trilogy Metals to support the Upper Kobuk Mineral Projects (UKMP) in Alaska. The investment backs the development of critical minerals, including copper, zinc, gold, and silver, in Alaska’s mineral-rich northwest Ambler mining district.

Also in October, the US announced a 5 percent stake in Lithium Americas as part of a joint venture with General Motors (GM) to fund operations at the Thacker Pass lithium mine in Nevada. The project will supply lithium for electric vehicles and has attracted significant interest from the Detroit-based automaker.

In August, the White House acquired an almost 10 percent stake in Intel. The government’s investment in the semiconductor chip giant was an effort to help fund the construction and expansion of the company’s domestic manufacturing capabilities.

In July, the White House announced a 15 percent investment in MP Materials, which operates the only currently active rare-earth mine in the US, located in California. The largest federal stakeholder in the investment is the Department of War, then called the Department of Defense, which committed $400m.

The US is also reportedly exploring an 8 percent share in Critical Minerals for a stake in the Tranbreez rare-earths deposit in Greenland, underscoring Trump’s unsolicited attempts to acquire the Danish self-governed territory, the Reuters news agency reported.

Amid news of Trump’s stockpile plan, sector stocks are mixed. MP Materials and Intel are up 0.6 percent and 5 percent, respectively. Others finished out the day trending downwards. Lithium Americas is down 2.2 percent. Trilogy metals is down almost 2 percent, USA Rare Earth is down by 1.3 percent, and Korean Zinc finished down 12.6 percent.

Is this unusual?

The government buying equity stakes in large companies is unusual in US history, but not unprecedented.

During the 2008 financial crisis, the US government temporarily acquired equity stakes in several major companies through the Troubled Asset Relief Programme (TARP). In 2009, TARP provided federal assistance to General Motors, ultimately leaving the government with a more than 60 percent ownership share. This intervention began in the final months of the administration of former President George W Bush. The government fully sold its stake in GM in 2013.

Through TARP, the government also acquired a 9.9 percent stake in Chrysler, which it exited in 2011.

The programme extended beyond car makers to the financial sector. The US government took a more than 73 percent stake in GMAC (General Motors Acceptance Corporation, now Ally Financial), exiting its ownership in 2014. It also acquired nearly 74 percent of the financial services insurance giant AIG, selling its remaining stake in 2012, and took a 34 percent stake in Citigroup, which it fully exited by 2010.

“This isn’t like 2008, when there was an urgent need to shore up critical companies. There’s a much more measured approach here. They [the US government] want these investments to generate returns, and they need to be seen as good investments in order to attract other forms of capital,” Nick Giles, senior equity research analyst at B Riley Securities, an investment banking and capital markets firm, told Al Jazeera.

During the Great Depression, the government bought stakes in several large banks. Before that, at the turn of the 20th century, it bought an equity stake in the Panama Railroad Company, which was responsible for building the railway that would be used during the construction of the Panama Canal. That equity stake was attached to a specific project rather than a more open-ended challenge, such as foreign dependence on critical minerals.

“There may not be a defined end date, but they’re clearly looking to make a return, and it sends an important signal that more is coming. I don’t think they [the government] are going to let this fail,” Giles added.

Political divide on the approach

Interest in providing funds to critical mineral projects was shared by Trump’s predecessor, Biden, who brought in the CHIPS Act for that purpose. Biden was focused on providing grants for projects rather than buying equity stakes.

Trump’s approach to buy stakes is actually more aligned with progressive Democrats than with members of his own party. Vermont Senator Bernie Sanders has long been a proponent of the US government buying equity stakes in companies.

In August, after the White House bought an equity stake in Intel, Sanders applauded the move.

“Taxpayers should not be providing billions of dollars in corporate welfare to large, profitable corporations like Intel without getting anything in return,” Sanders said at the time.

Kentucky Senator Rand Paul, a Republican known for his libertarian stances, called ownership a “terrible idea” and referred to it as a “step towards socialism” on CNBC. North Carolina’s Thom Tillis likened the Intel investment to something that countries like China or Russia would do.

For Babak Hafezi, professor of international business at the American University, the investments are a step to remove any reliance on China.

“Without domestic control and resiliency in both extraction and production, we are dependent on China, which extracts nearly 60 percent of global rare-earth minerals and produces 90 percent of it. This creates a major global chokepoint, and China can use this chokepoint as a means to dictate American Foreign policy via supply chain limitations,” he said.

“Thus, establishing free and open markets for US consumption is critical to remove any dependency.”

Source link