Solid Minerals
Turkish mine rescue winds up as death toll rises to 301
ISTANBUL – Rescue workers began winding up their operations on Saturday after finding the bodies of two more miners, believed to be the last remaining in the mine, bringing the death toll in Turkey’s worst industrial disaster to 301, the energy minister said.
Earlier a new fire broke out in the mine, hindering the rescue teams. Taner Yildiz said it had been extinguished and two more dead workers found. He said the numbers added up with the missing persons’ information provided by families.
“The newly discovered workers will be brought up and given back to their families. If there is no further demand to us and, the information we have backs that up, then we will have finished our search work,” he said.
However, he said rescue teams would first conduct a final search throughout the mine before making a decision on ending the operation, four days after an initial fire sent deadly carbon monoxide coursing through it.
The disaster triggered angry protests across Turkey, aimed at mine owners accused of ignoring safety for profit, and at Prime Minister Tayyip Erdogan’s government, seen as too close to industry bosses and insensitive in its reaction to the tragedy.
Erdogan has presided over a decade of rapid economic growth
but worker safety standards have failed to keep pace, leaving Turkey with one of the world’s worst industrial accident records.
The frustrations boiled over in Soma on Friday as riot police fired tear gas and water cannon to disperse several thousand protesters.
Overnight, demonstrators clashes with police in the western port city of Izmir, some setting up makeshift barricades and throwing stones and fireworks aimed at the police, Hurriyet newspaper reported. Some 40 people were detained.
There were also protests in Istanbul. Some residents in the city banged pots and pans from their windows, an act which was a feature of last summer’s nationwide anti-government unrest.
The police intervention in Soma could add to public anger towards Erdogan. He survived mass demonstrations and a corruption probe into his government over the past year to remain Turkey’s dominant politician, but now risks alienating conservative, working-class voters that form his party’s base.
UNIVERSITY SIT-IN
There was wide media coverage of footage apparently showing Erdogan slapping a man as locals jeered his entourage when he visited Soma this week. The man, Taner Kurucan, said Erdogan had slapped him and told Kanal D TV he was then beaten by the prime minister’s bodyguards.
His adviser Yalcin Akdogan accused “gang members” of provoking Erdogan’s team as he went to meet mourning families. Anger was intensified by a photograph of an Erdogan aide kicking a protester held down by police special forces.
A group of students at the Istanbul Technical University occupied the mining faculty on Friday evening in protest at links between the university and the company which operates the mine – Soma Holding, the private Dogan news agency reported.
They said they would continue their protest until various demands were met, including a guarantee that the university’s links with the company were cut and the resignation of an academic there who said those who die from carbon monoxide poisoning “died sweetly”. He has apologized for his comment.
The mining company managers held a fractious news conference on Friday where they said an unexplained build-up of heat was thought to have led part of the mine to collapse, fanning a blaze which spread rapidly more than two km under the surface.
Opponents of Erdogan blame the government for privatizing leases at previously state-controlled mines, turning them over to politically-connected businessmen who they say may have skimped on safety to maximize profit.
Questioned on links between Soma Holding executives and Erdogan’s ruling AK Party, a mine executive confirmed his wife was a local AK Party politician. Company chairman Alp Gurkan said he had never met the prime minister before this week.
The AK Party said the formerly state-run mine at Soma, 480 km (300 miles) southwest of Istanbul, had been inspected 11 times over the past five years. It denied any suggestion of loopholes in mining safety regulations.
– REUTERS
Business
Nigeria set to boost Naira value and foreign reserve with local gold production, as Tinubu receives gold bar
IN a significant move to strengthen Nigeria’s economy, President Bola Tinubu received a symbolic gold bar on Sunday from the Minister of Solid Minerals Development, Dele Alake.
This gesture marks the commencement of the National Gold Purchase Program (NGPP), aimed at boosting the naira’s value and enhancing the country’s foreign reserves.
Minister Alake expressed gratitude to President Tinubu for his support of reforms in the solid minerals sector.
He highlighted that the NGPP, which involves sourcing gold from artisanal and small-scale miners and refining it to meet the London Bullion Market Association’s Good Delivery Standard, will substantially contribute to Nigeria’s economic stability.
Alake stated “This initiative will significantly increase our foreign reserves and strengthen the naira. The refined gold will be supplied to the Central Bank of Nigeria, marking a crucial step in our economic strategy.”
The presentation also underscored the first commercial transaction under the NGPP, establishing a centralized gold purchasing system that integrates small-scale miners, cooperatives, and production units across the nation.
This program is expected to provide a structured market for gold, fostering economic growth and stability.
He said, “The successful completion of the first commercial transaction clearly demonstrates the National Gold Purchase Program’s effectiveness. It has increased the nation’s foreign reserves assets and shown that using the Nigerian Naira to purchase a liquid asset traded in United States Dollars, such as gold, is a viable strategy. This transaction has also underscored the potential of the National Gold Purchase Program to enhance fiscal and monetary stability.”
Alake added that the initial commercial transaction under the program resulted in a +US$5 million boost in Nigeria’s foreign reserve assets.
The transaction involved refining over 70 kilograms of gold to meet the London Bullion Market quality standard and aggregating locally mined gold, thereby infusing approximately NGN6 billion into the rural economy.
President Tinubu expressed appreciation for the Ministry’s accomplishment in advancing the government’s goal of economic diversification by acknowledging and displaying the symbolic gold bar
Solid Minerals
FG Fingers Foreigners Sponsoring Banditry For Illegal Mining
The Nigerian Government has threatened to come down heavily on foreigners sponsoring bandictory as a way of sustaining illegal mining activities in parts of the country.
The warning was handed down in Abuja by Minister, Solid Minerals Development, Dr Oladele Alake, while receiving a delegation of the Nigeria-China Chamber of Mines led by its National President, Dr. Olugbenga Ajala.
Details of these were contained in a statement released by Head, Press & PR, Ministry of Solid Minerals Development, Alaba Balogun over the weekend.
The statement cited, Dr Alake, thus, “The government will come down firmly on these unscrupulous foreign operators sponsoring banditry to perpetrate illegal mining: let me use this medium to appeal through you to tell those sponsors to desist or face the full wrath of the law.”
According to Dr Alake, the Ministry is committed to establishing a multi-agency task force that will end the activities of illegal miners and their collaborators.
The Minster made it clear that the FG had given illegal miners a 30-day-ultimatum to legitimise their businesses, quit Nigeria or incur the wrath of the law.
According to him, this will help “to streamline and structure the Small-Scale Artisanal Miners for maximum yield to the Federal Government.”
The delegation paid a courtesy call on the Minsiter at the Ministry’s headquarters in Abuja.
Energy
Fuel Scarcity: Govt Yet to Increase Pump Prices – NMDPRA
By Edozie Obasi-Eze
Amidst heightening uncertainties in the domestic petroleum products market characterised by scarcity and irregular pricing, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has declared that there’s no intention to review pump prices upwards.
This was contained in an advisory issued by General Manager, Corporate Communications, NMDPRA, Kimchi Apollo.
He stated that the Nigerian National Petroleum Corporation Limited (NNPCL) had imported PMS with current stock levels sufficient for 34 days.
In an attempt to address panic buying and speculations which have seen price of Premium Motor Spirit (PMS) oscillate between N180-N250 in the Lagos area, Apollo assured that there was enough quantity of the product in the country already.
He said, “Consequently, marketers and the general public are advised to avoid panic buying, diversion of products and hoarding.
“In keeping with the Authority’s responsibilities as outlined in the Petroleum Industry Act (PIA), the Authority assures the public that it would continue to monitor the supply and distribution of petroleum products nationwide, especially during this holiday season.”