JOHANNESBURG, Nov 15 (Reuters) – South African platinum
producer Northam Platinum said talks on Friday had
failed to break a deadlock over wages with the National Union of
Mineworkers (NUM), leaving no immediate end in sight to a strike
which started almost two weeks ago.
“Northam has indicated its willingness to continue with
facilitated talks, and is encouraged by the NUM’s positive
reaction to the recommendation of further discussions,” the
company said in a statement.
MADIKWE GAME RESERVE, South Africa (Reuters) – New infantry-style tactics of concealment and ambush by armed park rangers are credited with turning the tide in the war against poachers of the endangered rhino on one front, in South Africa’s Madikwe Game Reserve.
The slaughter of rhinos – a creature regarded as an icon of African wildlife – for their horns to meet soaring demand in Asia has raised alarm bells among conservationists.
JOHANNESBURG (Reuters) – Attackers gunned down a former senior union official at platinum producer Lonmin, stoking political and industrial tensions on South Africa’s volatile platinum belt.
Police said the former National Union of Mineworkers (NUM) shop steward was ambushed outside his home in the mining town of Mooinooi on Sunday night and died of his injuries on Tuesday.
JOHANNESBURG (Reuters) – AngloGold Ashanti (ANGJ.J: Quote, Profile, Research, Stock Buzz), Africa’s top bullion producer, surged back to profit in the third quarter due to lower costs and higher production which sent its share price soaring on Wednesday.
Adjusted headline earnings were $576 million compared with a loss of $135 million in the previous three months and bringing its earnings to 148 U.S. cents per share, far ahead of a Reuters consensus from five analysts of 8.2 cents.
JOHANNESBURG (Reuters) – South African police fired rubber bullets on Tuesday to disperse a protest march organized by a firebrand new political party and arrested four people, highlighting tensions building ahead of general elections next year.
The Economic Freedom Fighters (EFF), headed by Julius Malema, the expelled “bad boy” of the ruling African National Congress, said in a statement an unspecified number of its members were injured in the march near the main government buildings in the capital Pretoria.
JOHANNESBURG (Reuters) – The hardline AMCU union declared a wage dispute with mining company Lonmin on Thursday, raising the possibility of a strike across South Africa’s platinum industry that could hit half of global output.
The Association of Mineworkers and Construction Union (AMCU) would stay in talks with the world’s third largest platinum producer, but if no progress was made a government mediator would try to resolve the deadlock, AMCU spokesman Jimmy Gama said.
JOHANNESBURG, Oct 31 (Reuters) – South Africa’s National
Union of Mineworkers (NUM) has given junior producer Northam
Platinum 48-hour notice of its intention to strike
after wage talks broke down, a union negotiator said on
A government mediator on Monday granted NUM permission to
call for a strike at Northam.
JOHANNESBURG, Oct 28 (Reuters) – South Africa’s Association
of Mineworkers and Construction Union said on Monday its members
voted to strike at Impala Platinum, but it would not
immediately give the company a 48-hour notice, suggesting a
stoppage might still be averted.
“Yes, we got the mandate, they voted for the strike. But we
are not in a rush to serve them notice, we want to clear up and
discuss some issues first,” AMCU spokesman Jimmy Gama told
Reuters. AMCU’s wage talks with the world’s second-largest
platinum producer broke down last week.
JOHANNESBURG, Oct 25 (Reuters) – South Africa’s hardline
AMCU mining union on Friday threatened more strikes at the
world’s top platinum producers, just weeks after a deal to end
an 11-day stoppage over job cuts.
The union declared a wage dispute with Anglo American
Platinum (Amplats) and said it would consult its
members at Impala Platinum (Implats) on whether to
strike over wages.
JOHANNESBURG, Oct 24 (Reuters) – Conservationists have been
casting around for ways to protect Africa’s heavily exploited
fish stocks without depriving coastal communities on the world’s
poorest continent of revenue.
With a new trap design, they may have landed the big one,
and it could prove a game-changer for some aspects of Africa’s
multi-billion dollar fishing industry.