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May 19, 2013

Exclusive: South Africa’s NUM seeks 15-60 percent wage rises from gold, coal producers

JOHANNESBURG (Reuters) – South Africa’s National Union of Mineworkers said it would seek pay rises of up to 60 percent from gold and coal producers, raising the prospect of fresh strikes as firms battle higher costs and falling prices in an already heated labor climate.

Africa’s biggest economy is hoping to avoid the 2012 wildcat strike action at platinum and gold mines that cost billions in lost revenue and production and killed over 50 people.

May 19, 2013

S.Africa’s NUM seeks 15-60 pct wage rises from gold, coal producers

JOHANNESBURG, May 19 (Reuters) – South Africa’s National
Union of Mineworkers said it would seek pay rises of up to 60
percent from gold and coal producers, raising the prospect of
fresh strikes as firms battle higher costs and falling prices in
an already heated labour climate.

Africa’s biggest economy is hoping to avoid the 2012 wildcat
strike action at platinum and gold mines that cost billions in
lost revenue and production and killed over 50 people.

May 16, 2013

style platinum cartel a pipe-dream

JOHANNESBURG, May 16 (Reuters) – South Africa is the Saudi
Arabia of platinum with steroids thrown in.

But Pretoria could never manipulate the platinum price the
way the Middle Eastern kingdom can influence oil’s and talk of a
platinum cartel, perhaps along the lines of the Organization of
the Petroleum Exporting Countries (OPEC), is a pipe-dream.

May 16, 2013
via FaithWorld

Book Talk: Of apes and atheists – is empathy evolution?

Photo

(Bonobo apes, primates unique to Congo and humankind’s closest relative, groom one another at a sanctuary just outside the capital Kinshasa, October 31, 2006. REUTERS/Finbarr O’Reilly)

For biologist Frans de Waal, a peaceful species of great ape in Africa is a mirror of humanity and a living argument that empathy and cooperation are far from unique to mankind.

May 15, 2013

Lonmin’s South African platinum workers end strike

MARIKANA, South Africa (Reuters) – Workers at Lonmin’s South African platinum shafts were ending a walkout, the company said on Wednesday, easing fears that a two-day strike could ignite fresh labor violence in the continent’s largest economy.

Leaders of the Association of Mineworkers and Construction Union (AMCU) earlier told thousands of strikers at a rally to return to their posts, pending negotiations between the union and an independent mediator.

May 15, 2013

South African union urges Lonmin workers to end strike

MARIKANA, South Africa (Reuters) – The main union at Lonmin’s (LMI.L: Quote, Profile, Research, Stock Buzz) (LONJ.J: Quote, Profile, Research, Stock Buzz) South African platinum shafts told striking miners to return to work on Wednesday, potentially defusing a two-day wildcat action that had raised fears of a fresh wave of labor violence.

Leaders of the Association of Mineworkers and Construction Union (AMCU) told thousands of strikers at a rally to return to their posts, pending negotiations between the union and an independent mediator.

May 15, 2013

Lonmin’s South African platinum strike enters second day

MARIKANA, South Africa (Reuters) – Labor strife in South Africa’s platinum belt intensified on Wednesday as a wildcat strike across Lonmin’s shafts entered a second day, raising fears that further violence could hit the country’s credit rating.

Tensions have been running high over looming job cuts and wage talks in the sector, complicated by a turf war between rival unions that contributed to violent strikes at Lonmin and other platinum producers last year.

May 14, 2013

Lonmin South Africa workers strike, raise fears of mine unrest

JOHANNESBURG (Reuters) – South African workers of world No. 3 platinum producer Lonmin (LONJ.J: Quote, Profile, Research, Stock Buzz) (LMI.L: Quote, Profile, Research, Stock Buzz) launched a wildcat strike on Tuesday, halting all of the company’s mine operations and reigniting fears of deadly unrest that rocked the industry last year.

The platinum belt towns of Rustenburg and Marikana, which saw a bloody Lonmin strike last year, are a volatile flashpoint of labor strife and tensions are running high with job cuts and wage talks looming.

May 12, 2013

Union organizer shot dead in South Africa’s restive platinum belt

JOHANNESBURG (Reuters) – A militant South African union said on Sunday that one of its organizers had been shot dead in the platinum belt city of Rustenburg, a potential flashpoint at a time when tensions are running high with job cuts and wage talks looming.

The Association of Mineworkers and Construction Union (AMCU), which poached tens of thousands of disgruntled workers last year from the dominant National Union of Mineworkers (NUM), said the unnamed organizer had been killed on Saturday.

May 12, 2013

Union organiser shot dead in S.Africa’s restive platinum belt

JOHANNESBURG, May 12 (Reuters) – A militant South African
union said on Sunday that one of its organisers had been shot
dead in the platinum belt city of Rustenburg, a potential
flashpoint at a time when tensions are running high with job
cuts and wage talks looming.

The Association of Mineworkers and Construction Union
(AMCU), which poached tens of thousands of disgruntled workers
last year from the dominant National Union of Mineworkers (NUM),
said the unnamed organiser had been killed on Saturday.

    • About Ed

      "I cover commodities in southerrn Africa, a region that I have returned to after spending over four years covering religion, politics and the Great Recession in America. I am a Canadian citizen and grew up in Nova Scotia."
      Joined Reuters:
      1995
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