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From reading this analysis of the complications involved in Anglo's proposed 'divorce" with most of its South African mining operations (read sale of), it soon becomes clear that some deep breathing and patience is required of both government and Anglo executives. The State-controlled Public Investment Corporation, PIC, now has a 13.4% stake in Anglo and its ultimate aim is to make Anglo ...
Dec 05, 2007· South Africa's crucial mining sector was hit Tuesday by its biggest strike in two decades, as tens of thousands of workers stayed home to protest poor safety conditions.
Introduction: Background to the Strike. The formation of the Union of South Africa in 1910 was a development that had vastly different consequences for the various groups in the four former colonies. The union was a victory for the British – especially for the 'uitlanders' (foreigners) and mining magnates – who wanted to unite the country; but it was a defeat for Afrikaners such as ...
Meanwhile, however, the Guardian, a progressive South African weekly, the only paper which totally supported the strike, was sued by four mining companies for 40,000 pounds for publishing the Unions memorandum on the grounds that it was false and that the recruiting of .
South African Mining Union Threatens Year-Long Strike JOHANNESBURG (Reuters) – Members of South Africa's AMCU mining union are ready to strike for a year if necessary and would bring the platinum belt to a standstill if Impala Platinum carries out plans to cut up to 13,400 jobs, the union's president said on Thursday Joseph Mathunjwa, who ...
South African mining strike brings renewed violence | The Century Ireland project is an online historical newspaper that tells the story of the events of Irish life a century ago
Nov 15, 2019· South African Airways' future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job .
Platinum Markets Rocked After South Africa Mining Strike, Shootings. By Anita Powell. September 02, 2012 01:18 PM ... South Africa has been mining for many years so it is a bit harder to extract ...
Feb 15, 2019· In the past five years, South Africa's mining industry has faced some of the country's most prolonged and violent strikes over wages. For example, in the five-month strike in the platinum industry in 2014, nine people were killed.
Aug 02, 2019· In 2014, the Association of Mineworkers and Construction Union led the longest-ever platinum mining strike in South Africa, costing the platinum mining sector around about $2 billion in revenue. "Unions have a mandate from their members and are likely to play brinkmanship," Wits Business School associate professor Mzukisi Qobo told Platts.
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday. The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations
Mar 25, 2014· Leaders of South Africa's platinum mines have said the nine-week long strike by workers has caused 'irreparable' damage and cost the sector nearly $1bn.
Oct 10, 2012· The hard truth of South Africa's mining industry is that it is characterised by the stringent, inflexible economics of being global commodity price takers, critically dependent on the Rand/Dollar exchange rate, whilst simultaneously being constrained by a largely fixed and inflexible input cost structure composed of labour costs (50% plus of ...
Mar 05, 2014· South Africa is a world leader in mining, and mining remains the back bone of the country's economy. It has been so since the precious metal was discovered in Johannesburg around 1887. The country's huge and varied mineral reserves play a vital role in the economy, accounting for nearly half of the country's merchandise exports, including ...
Mining gold, living in a tin shack Jump to media player Gold miners in South Africa are about to go on strike, joining tens of thousands of workers from other sectors taking industrial action. 03 ...
South Africa remains the world's largest supplier of new gold-mine supply, according to the latest Yellow Book from Virtual Metals. But production has more than halved over the last decade due to worsening ore grades and rising production costs. The current threat of strike action could hamper gold-mining production by AngloGold Ashanti, Gold ...
South African Minerals Resources Minister Gwede Mantashe has called for the deployment of police in Carletonville, Gauteng where mining strike violence
Apr 08, 2015· Workers strike at Anglo's coal mine in South Africa. Cecilia Jamasmie ... The move comes ahead of wage talks in South Africa's coal, gold and diamond sectors expected to .
May 20, 2019· From the world's largest hand-dug mine to strike action with fatal violence on both sides, South Africa's mining industry has been one of the country's most influential for over a hundred years. We look at the history of mining in South Africa.
The Congress of South African Trade Unions (COSATU) called the strike – which is backed by affiliated unions covering most sectors including schools, hospitals, mining and textile workers ...
The five month long strike affected both the workers and the mining companies. The South African mining industry shed 20,000 jobs in the 12 months leading to June 2013, and that trend was set to continue due to low margins, cost pressures and volatile commodity prices.
Feb 28, 2019· The world's biggest platinum miners won a reprieve after a South African court reserved judgment on whether to block a week-long industry strike that was scheduled to start Thursday night.
Jul 18, 2014· Mining production decreased by 6,5% year-on-year in May 2014, reports Statistics SA. The crippling strike action that began on 23 January in the platinum sector has had a negative impact on total mining production. The largest negative growth rates were recorded for PGMs (-48,5%), other non-metallic minerals (-13,3%) and building materials (-11 ...
South Africa mining strike to spread to at least 15 firms -Minerals Council By Reuters - 22 February 2019 - 15:48 The 15 mining firms will take industrial action next week in support of colleagues ...
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