A gold mine in Swaziland opened by King Mswati III promising more than 400 jobs has been closed after allegations of poor management.
The Lufafa Gold Mine (now known as Lomati) at Hhelehhele in the Hhohho region was in February 2016 reported to have more than two million tonnes of ore which could contain about 15,000 kilograms of gold. It had an estimated value of more than E4 billion (US$263 million). Twenty-five percent of this would be held by King Mswati ‘in trust’ for the Swazi nation. Lufafa Managing Director Mihla Dlamini said at the time there was enough gold to be dug for a period of 35 years
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