Here from the new CostMine 2012 Survey of African Mine Salaries are some figures for those working on mines in the Democratic Republic of the Congo — the first set of numbers are the range of salaries, the second is the average, and the third is the number of years of experience of those reporting salaries. (more…)
Posts Tagged ‘Congo’
Watching National Public Radio this evening induces weekend reflections on a week in mining. The good news story is the final rescue of the Chilean miners–now back with family, wives, mistresses, and the press. The bad-news story is rape of villagers in the Congo. The endless story is the death toll in Chinese mines. We skip the senatorial race in Florida, debates in Nevada (although they could affect mining), and the general silliness of USA politics which dominates the news. (more…)
The Dominion, News from the Grassroots is a blog that has just run a month of stories on the Canadian mining industry. They are mostly critical: the usual that the oil sands are dirty, that Canadian mining is to blame for the war in the Congo, and stories about opposition to mining by tribes from Thailand to Timbuktu.
Most of their links are to “independent” sites that include “socialist” in the title.
The Fraser Institute issues a report each year based on interviews with miners to rank countries on whether they are good or bad places to mine. As an investor this should be required reading. For example at SME I heard two distinctly divergent opinions about investment in mining in Africa from two equally informed people.