Tags Billions

Tag: billions

De Beers invests $2bn in new SA mine

South Africa spends billions on mining towns

Mining houses, the government and other stakeholders are investing in improving socio- economic conditions in distressed mining towns and rural labour-sending areas. Among the R18- mbillion worth of interventions, are housing, health care and job creation initiatives.
South Africa sets aside billions to revitalise mining towns

South Africa sets aside billions to revitalise mining towns

The government has contributed R6-billion and mining companies more than R3-billion under the Special Presidential Package for Distressed Mining Towns. Projects include revitalising the towns, getting rid of informal settlements, and helping the home areas of migrant workers.
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