Platinum, new innovation, wage talks and Ramaphosa. A lot is happening in the mining world
The company’s shares have seesawed madly – largely because of the volatility of the oil price and the rand
Investment company claims to own properties it has no rights on in attempt to cover up loss.
Amplats has gone to court over "unconstitutional" debt administration, with one administrator pocketing 44% of miners’ debt repayments.
Three years of labour upheaval and a political push for safety and better wages have set in motion a drive to mechanise platinum mines.
While Amcu workers prepare to return to work on Wednesday after a successful strike, mine bosses have warned of a difficult rebuilding phase ahead.
Gold producer Sibanye is considering buying embattled platinum mines which have been crippled by a five-month labour dispute.
Amcu says it has accepted a new wage offer from platinum miners, but outstanding issues still need to be discussed with the employers.
Government says Monday’s talks with Amcu and mining bosses will determine whether it continues with it’s intervention in the platinum wage dispute.
Supra Mahumapelo has called on communities in Sefikile, in the platinum belt, to exercise restraint after two houses were allegedly petrol bombed.
A team of officials from various departments will meet mining bosses and Amcu over strikes in the platinum belt.
The National Union of Mineworkers says it is concerned by the economic impact of the lengthy platinum sector wage dispute.
Three major platinum producers have dismissed reports of an agreement in the long-standing wage dispute with mining union Amcu.
As tensions run high in Marikana, Numsa says it might strike with Amcu – whose members are demanding a R12 500 salary from Lonmin, Amplats and Impala.
Amcu president Joseph Mathunjwa is taking the mining giants to labour court, saying their SMS campaign violated an agreement with the union.
Miners burnt tyres, barricaded roads and set roadside stalls alight near Lonmin’s platinum mine to stop fellow strikers from returning to work.
Platinum mining companies have expressed their disappointment following news that Amcu’s marathon strike will enter its 15th week.
Mining companies approaching workers directly with their latest offer could lead to instability on the platinum belt, according to the union.
Bent but unbowed by the crippling strike, Rustenburg Impala’s rugby team has triumphed.
At an undisclosed location, mine representatives will continue to meet with Amcu – whose members downed tools demanding a basic salary of R12 500.
As a three-month long strike by miners affects the platinum belt, Amplats says its Rustenburg operations are in a marginal financial standing.
With no end in sight for Amcu’s strike in the platinum sector, an analyst has predicted producers will "implement extreme measures" to break protests.
Amplats is just the first of the three major producers Amcu expects a response from after delivering a list of mineworkers’ grievances.
Amplats says a wage offer accepted by Numsa and the Uasa will be applied to all employees in the Numsa bargaining unit.
Anglo American Platinum could see its rally in stocks reversing once the effects of the Amcu strike are calculated, says Imara SP Reid.
Talks aimed at ending a six-week platinum miners’ strike has fallen apart after producers rejected a revised wage demand.
The CCMA has met the platinum producers’ mediators in talks aimed at ending Amcu’s strike at three platinum mining companies.
A contempt of court application against Amcu has been delayed in the Labour Court, says Anglo American Platinum.
Amcu’s refusal to revise its wage demands reflect little regard for potential job losses, says platinum producers.
Anglo American Platinum says the Amcu strike over wages has resulted in the mining giant losing hundreds of millions of rands in revenue daily.
The SABC has reported that police allegedly shot and killed a miner during protests at the Amplats plant near Northam in Limpopo.
The mineworkers’ union is back at the table with platinum producers in an attempt to end the now two-week mineworker strike.