abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

9 May 2011

Author:
Martin Creamer, Mining Weekly

South African mining facing implied $100bn silicosis damage – RBC

The South African mining industry is facing “a very serious” threat from silicosis claims that could result in implied damage of $100-billion, says RBC Capital Markets equity research unit. RBC analyst Leon Esterhuizen and associate analysts…say that the ruling of the Constitutional Court of South Africa in favour of Thembekile Mankayi opens the door to him and thousands of other silicosis sufferers to sue the South African mining companies...South Africa’s National Union of Mineworkers is pursuing a class action lawsuit against the company and is drawing up a register of not only those suffering from respiratory disease, but also those who have died from it. The analysts see the new case as a test case that could further damage an “already hammered" South African mining sector.

Part of the following timelines

Cape/Gencor lawsuits (re So. Africa)

AngloGold Ashanti silicosis lawsuit (So. Africa)

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.