Mines should have social fund

Mines should have social fund

THE mining industry has been called upon to establish a Social Fund and a Mining Journal in order to advance the interests of the important sector.

The Minister of Mines and Energy, Erkki Nghimtina, said it was up to the industry to determine the periodicity of the journal and that funding would also be its responsibility. Addressing players in the mining sector last week, Nghimtina said each mine should create a social fund that would cater for workers after the closure of a mine.He said there should be life after mines ceased operating and people should be able to survive and not suffer financially.The Minister said he wanted the mining industry to evaluate the suggestion carefully and report back to him on this particular in five months’ time.”There comes a time when the resource is depleted and mine closure becomes inevitable.It is, therefore, good practice to not only establish a well-funded Environmental Fund for each mine but that a fund must be created per mine to deal with the social impact of mine closure.”Normally, mining towns become ghost towns after the closure of mines, and former mineworkers struggle to survive if they fail to secure employment elsewhere.Addressing players in the mining sector last week, Nghimtina said each mine should create a social fund that would cater for workers after the closure of a mine.He said there should be life after mines ceased operating and people should be able to survive and not suffer financially.The Minister said he wanted the mining industry to evaluate the suggestion carefully and report back to him on this particular in five months’ time.”There comes a time when the resource is depleted and mine closure becomes inevitable.It is, therefore, good practice to not only establish a well-funded Environmental Fund for each mine but that a fund must be created per mine to deal with the social impact of mine closure.”Normally, mining towns become ghost towns after the closure of mines, and former mineworkers struggle to survive if they fail to secure employment elsewhere.

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