At least two people are killed and around 20 others are thought to be trapped below ground in a mining accident in Zimbabwe. Meanwhile, the world's mining elite gather in Cape Town for a top-flight industry conference. We hear more about the challenges facing the sector. And the very few Congolese World War II veterans still alive remember the sacrifices they made fighting for Belgium during the conflict. The former colonial ruler has been criticised for turning its back on African soldiers who battled shoulder to shoulder with the Belgians.
The price surge of gold in June has stimulated the sales of gold jewelry, especially those heavy ones, in China. It was reported that the gold price hit a six-year high on June 25 to the point of 1,440 U.S. dollars per ounce on the COMEX division of the New York Mercantile Exchange.
Nigerian minerals company Kian Smith has begun constructing the country's first gold refinery, which is expected to more than triple its capacity within five years after operations begin next June, an executive at the company developing it said.