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Feb 24, 2012

Implats contract worker beaten to death-police

JOHANNESBURG, Feb 24 (Reuters) – A contract worker at
Impala Platinum’s troubled Rustenburg operation in
South Africa was beaten to death during an assault on Friday
when he tried to go to work, police said.

The assault, which left two other workers injured,
underscores how far the company is from resolving a violent and
illegal labour dispute that has already seen at least two other
people killed and cost the world’s second largest platinum
producer 80,000 ounces and counting in lost output.

Feb 16, 2012

South Africa police fire tear gas at rioting miners

RUSTENBURG, South Africa (Reuters) – South African riot police fired tear gas, rubber bullets and water cannon on Thursday at hundreds of striking miners who went on the rampage at Impala Platinum’s Rustenburg plant, the world’s single biggest platinum mine.

At least 50 officers, backed by armored vehicles and two helicopters, moved into a shanty town near the mine after the miners torched homes in a dramatic escalation of a month-long strike that has hit the company and global platinum prices.

Feb 16, 2012

S.Africa miners turn violent in costly Implats strike

RUSTENBURG, SOUTH AFRICA, Feb 16 (Reuters) – Thousands
of protesting miners burnt tyres and torched a police office
near Impala Platinum’s Rustenburg mine in South Africa
on Thursday, as a month-long strike at the world’s
second-largest producer of the precious metal turned violent.

Police said a miner died of injuries after being beaten
during an overnight demonstration. Up to 5,000 miners blocked
the road leading to the mine and hurled stones at police,
provincial police spokeswoman Adele Myburg said.

Feb 13, 2012

Wildlife up close in a sea kayak off Cape Town

CAPETOWN (Reuters) – A pair of African penguins glide over the water while a pod of dolphins approach in the background.

Such an encounter might make the bucket list of many a wildlife enthusiast, but the experience takes on a whole new dimension from the vantage point of a sea kayak bobbing in the swells off Cape Town.

Feb 9, 2012

African miners face soaring costs

CAPE TOWN, Feb 9 (Reuters) – Labour demands in the
south, power problems in the east and new tax burdens in the
west: wherever you look in Africa, miners face a perfect storm
of soaring costs.

“There is no question that there are considerable cost
pressures on all of us in the industry, whether it is
electricity, labour, whether it is inflation, overall in every
single country where we operate,” said Cynthia Carroll, chief
executive of Anglo American.

Feb 9, 2012

South Africa unloved at its own mining party

CAPE TOWN, Feb 9 (Reuters) – The industry executives
who pile into Cape Town every year for the annual African mining
conference love the sun, wine and stunning mountain backdrop the
venue provides.

But South Africa’s once towering mining industry is no draw
and investors flocking to the “Indaba”, as it is called, have
their sights set on alluring prizes elsewhere on the continent.

Feb 8, 2012

ANC mine study seeks new taxes, buries nationalisation

JOHANNESBURG/CAPE TOWN, Feb 8 (Reuters) – A study
submitted to South Africa’s ruling ANC to reform its vital
mining sector proposes a 50 percent tax on profits and rejects
nationalisation as an “unmitigated disaster” for Africa’s
largest economy.

Although it delivers a hammer blow to calls for
nationalisation by radical elements in the African National
Congress (ANC), mining houses will be wary of the tax proposals
as they grapple with steeply rising labour, power and safety
costs in the world’s largest platinum producer.

Feb 7, 2012

S.Africa mines minister targets CEOs on fatalities

CAPE TOWN, Feb 7 (Reuters) – South Africa’s mines
minister said on Tuesday that industry chief executives should
be held liable for avoidable fatalities, also raising the
possibility of court action.

Targeting chief executives would take her safety drive to
new levels as the government tries to stem the death toll in the
country’s mines, the world’s deepest and among the most

Feb 6, 2012

Harmony cuts output goal on safety clampdown

JOHANNESBURG/CAPE TOWN, Feb 6 (Reuters) – Harmony Gold
, South Africa’s third-largest bullion miner, cut its
full-year production target by 13 percent on Monday, as safety
stoppages threatened to crimp a surge in profit from record gold

Harmony’s chief executive warned the frequency of
government-mandated safety stoppages was creating tension
between South Africa’s mining industry and government.

Jan 22, 2012

Police deployed as S.Africa cleans up Malema base

JOHANNESBURG, Jan 22 (Reuters) – Armed police guards
are protecting a South African treasury team sent to fix the
finances of a bankrupt province that is a base for firebrand ANC
youth leader Julius Malema, a sign of political tensions ahead
of an appeal that will decide his fate.

Malema, the leader of the ruling African National Congress’
Youth League, is fighting for his political life with an appeal
that starts on Monday against his 5-year suspension handed down
in November by the party for bringing it into disrepute.

    • 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."
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