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Maroc Maroc - SUNDAYEXPRESS.CO.LS - A la Une - 24/Sep 08:37

Kao mine to retrench workers

Mathatisi Sebusi AS the mining sector’s woes continue to mount, Storm Mountain Diamonds (SMD), which operates Kao Mine, has announced plans to retrench workers following a decision by its board to place the mine under care and maintenance to avert debilitating financial losses. The deteriorating international diamond market has significantly impacted the Butha Buthe situated mine, leading to the decision to lay off staff. […]

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