NUM, Implats make up without CCMA intervention

A wage dispute at Impala Platinum has been resolved between it and the National Union of Mineworkers, leaving no need for the CCMA, the parties say.

Minister supports CCMA intervention at Implats

Parties involved in the labour dispute at Impala Platinum's Rustenburg operation should let the CCMA help, said Labour Minister Mildred Oliphant.

Implats sacks 13 000 striking workers

Impala Platinum has dismissed 13 000 employees, bringing to 17 200 those sacked since the start of a labour dispute almost two weeks ago.

Implats selects Terence Goodlace as new CEO

Impala Platinum Holdings has named Terence Goodlace as its new CEO to take over from David Brown who will step down at the end of June.

Zim to probe foreign firms over ownership law

Zimbabwe is due to probe firms to establish their level of compliance with a law that forces them to sell at least 51% of shares to Zimbabwe locals.

Zimbabwe softens tone with foreign miners

Zimbabwe says it will not suspend any mining permits and exceptions may be made to laws requiring foreign miners to give majority stakes to locals.

NUM rejects Implats offer, holds out for double-digit increase

SA's National Union of Mineworkers members at Impala Platinum have rejected a revised pay rise offer, and are insisting on a double-digit increase.

Strikes continue in mining, municipal sectors

Samwu and the NUM are continuing their strikes against their employers, leaving services, electricity supply and mining output in the lurch.

Revised Implats offer hoped to curtail strikes

The National Union of Mineworkers will meet negotiators in a bid to avert a wage strike that could hurt the world's second largest producer.

Implats and NUM in talks to avoid strike

The NUM is meeting with Impala Platinum to avoid a possible wage strike which could hurt the world's second-largest platinum producer.

Wage talks intend to avert strike at Implats

The National Union of Mineworkers and Impala Platinum are in talks to avoid a strike over wages that could affect global prices of the precious metal.

Zimbabwe's political elite eyes mines

Zimbabwe's wealthy political elite is closing in on the country's large foreign-owned mines.

Zimbabwe may force miners to fund development

Zimbabwe is considering legislation to force miners to fund development in local communities, a state-owned newspaper said on Tuesday.

Implats full-year profit falls, sees slow recovery

Impala Platinum (Implats) reported a 22% fall in full-year profit on Thursday, hit by slack demand for the precious metal.

NUM to meet Impala Platinum over wages

The National Union of Mine Workers will meet management at Impala Platinum on Friday for further wage talks as its members vote on a possible strike.

NUM wants end to wage dispute with Impala

The NUM says it will stick to its 15% pay-rise demand in mediation talks next week with Impala Platinum but wants a quick end to the dispute.

Implats posts fall in first-half earnings

Impala Platinum (Implats), the world's number two platinum miner, on Thursday posted a 76% fall in first-half earnings.

Sit-ins end at two SA platinum mines

A sit-in by workers over a wage dispute that halted production at a South African platinum mine earlier this week ended late on Thursday.

WeSizwe shares up on talk of Implats takeover

Shares in South Africa's WeSizwe Platinum rose 5% on Tuesday on talk that the company could be a takeover target of Impala Platinum.

Strike costs Implats 50 000 platinum ounces

Impala Platinum said on Tuesday it lost 50 000 ounces during a pay strike at its mines.

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