The reef that rocked the JSE

By Leon Louw

The impact on the financial markets after the UK decided to leave the European Union has been dire. In a globalised world, the Johannesburg Stock Exchange (JSE) could of course not escape the fallout. However, it would not be the first time that the JSE had to endure such severe events as the current global uncertainty. Way back in 1889 when the gold rush on the Witwatersrand was in full swing, the JSE experienced its first true crash. The crash had occurred not as a result of global events, but because shareholders in the big gold mining companies active on the Witwatersrand believed the reef they were mining had run out of gold.

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Piping problems - Lessons from the past

 

In mining, something as trivial as seepage from a pipe that is not identified or maintained properly may result in a great disaster.

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Mining in the land of giants

The northern reaches of Limpopo are vast and arid, as well as poor. Hopes are high that Venetia’s underground diamond mine will continue delivering the big ones, as it has been for the past 24 years, writes Leon Louw.

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