A pile of Gold nugget grains

REPORT: GOLD COMPANIES TO PAY MILLIONS TO SETTLE MINERS’ CASE

Anglo American and five other gold mining firms will reportedly pay $361 million (ZAR 5 billion) to settle a class action lawsuit in South Africa. The class act was filed on behalf of “thousands of miners who contracted fatal lung diseases while working in South African mines”, according to media reports quoted by Gem Konnect.

 

The defendants in the case include Harmony Gold, Gold Fields, AngloGold Ashanti, Sibanye Gold, African Rainbow Minerals and Anglo American. In August of 2016, the US legal firm of Motley Rice LLC “took over the South African miners class action suit in response to an appeal by South African lawyer Richard Spoor”.

 

The plaintiff lawyers remarked last week that “settlement talks with the involved gold mining companies were ongoing and that an out-of-court deal could be reached by next month”.

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