Lesotho: Mining Industry in Trouble

…as massive job losses loom

…govt, mining companies consider options to keep the businesses afloat

Mathatisi Sebusi

THE future of Lesotho’s mining industry looks bleak amid a sharp decline in global diamond sales. The situation is so dire that it could lead to significant job losses as mining companies face potential closures or are forced to lay off large numbers of their employees.

The government and mine management teams are currently grappling with how to keep these operations afloat while…