JOHANNESBURG, Jan 14 (Reuters) – Striking South African
miners at Northam Platinum want the company’s chief
executive Paul Dunne removed for what they say are unfair hiring
and firing practices, a spokesman for the National Union of
Mineworkers (NUM) said on Wednesday.
Livhuwani Mammburu also told Reuters that 5,200 workers were
involved in the strike at Northam’s Zondereinde mine in South
Africa’s northern Limpopo province. The wildcat strike began
with the night shift on Tuesday.
JOHANNESBURG (Reuters) – South Africa lost a record number of rhinos in 2014 as big animals across Africa were relentlessly poached to meet rising demand for horn and ivory in newly affluent Asian countries or to provide meat to fighters in the bush.
From South Sudan, where conservationists say elephants are being slain by both government forces and rebels, to South Africa, where more than three rhinos are poached every day, there is an arc of illegal animal slaughter across the region.
JOHANNESBURG, Dec 19 (Reuters) – For many outsiders,
Africa’s big animals are among the natural wonders of the world
and a major tourist draw.
For many Africans, elephants, rhinos and lions – or at least
the bloody trade in their body parts, and the proximity of big,
dangerous critters to their crops, cattle and kin – are part of
a wider “resource curse” that has long afflicted the continent.
JOHANNESBURG (Reuters) – The BRICS grouping of emerging market nations is leading the flight of illicit capital from the developing world, according to data in a new report released this week.
In its annual estimate of illegal capital flows, Washington-based think-tank Global Financial Integrity (GFI) said it a record $991 billion was siphoned in 2012 from the world’s developing economies, an increase of almost 5 percent from 2011.
LIMA/JOHANNESBURG, Nov 10 (Reuters) – An industry body to
promote investment demand for platinum should be set for launch
late this year or early 2015 as South African producers try to
boost sales in the face of falling prices, industry and banking
The new body, called the World Platinum Investment Council,
will most likely be based in London or Johannesburg, the sources
LONDON/JOHANNESBURG, Nov 10 (Reuters) – Platinum miner
Lonmin, dragged into the red this year by a bruising
five-month strike, said it would cut more than 2 billion rand
($179 million) of costs and set a higher hurdle for new projects
as it battles to return to profit.
Lonmin, the world’s third-largest platinum producer, said
the savings would be achieved over three years, largely through
operational improvements and lower overheads. It has also set a
target return rate of at least 15 percent for new investments.
JOHANNESBURG, Nov 5 (Reuters) – South African miner Harmony
Gold reported a further quarterly loss on Wednesday and
suggested it might have to cut jobs as it contends with a
depressed gold price and operational problems which include an
escalating battle with illegal miners.
Unveiling its results for the three months to end-September,
the company said losses narrowed by 78 percent to 226 million
rand ($21 million), as production rose by 6 percent to just over
JOHANNESBURG (Reuters) – A young barn owl looks bug-eyed in curiosity as a bird handler readies it for a new life – to be spent hunting the rats that plague South Africa’s poor and mostly black urban areas.
The Township Owl Project takes juvenile birds rescued from perilous situations, such as when a building where they nested in is demolished, and gives them a new home and a new job.
PORT ELIZABETH South Africa (Reuters) – As Judge Thokolize Masipa told track star Oscar Pistorius he would go to jail for killing Reeva Steenkamp, customers at the bar owned by her parents held up their palms to signify “five years” and murmured approval.
The gathering of half a dozen of Steenkamp’s family friends sat glued to the television at the “Barking Spider”, smoking and drinking beer despite the early workday hour.
WELKOM, South Africa, Oct 16 (Reuters) – South Africa’s once
massive gold mining industry has been shrinking for years,
leaving billions of dollars of plants, worker housing and
pipelines at risk of demolition and the scrapyard.
Keen to avert this scenario, the government wants mining
companies to find alternative uses for disused facilities to
support communities and even continue to provide jobs.