Resource News

Mining Weekly reported that the increasing wage costs and labor strikes in South Africa have made automating the platinum mines a more viable option however at the moment, it seems unlikely to happen due to the weak prices of the metal and tough underground conditions.

Mining Weekly reported that the increasing wage costs and labor strikes in South Africa have made automating the platinum mines a more viable option however at the moment, it seems unlikely to happen due to the weak prices of the metal and tough underground conditions.

As quoted in the market news:

Mechanising the traditional drill-and-blast process would, in theory, improve safety, reduce costs and help resolve some of the social problems associated with a labour-intensive industry that moves tens of thousands of men from distant villages to live in hostels in South Africa’s platinum belt.

Click here to read the full Mining Weekly report.

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