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Apr 25, 2014

In platinum’s war of attrition, capital has labour out-gunned

JOHANNESBURG, April 25 (Reuters) – Labour brought a machete
to a gunfight with management in South Africa’s platinum belt.
Small wonder it looks set to lose.

South Africa’s big platinum strike has highlighted issues
ranging from cash reserves to changing market dynamics that have
curtailed labour’s ability to influence prices. The result has
been to expose the weakness of the country’s miners in any
confrontation with producers.

Apr 24, 2014

Wage talks resume as South Africa platinum strike marks 13th week

JOHANNESBURG (Reuters) – Marathon talks aimed at ending a crippling three-month strike in South Africa’s platinum sector were to resume on Thursday after the world’s top producers and union AMCU spent two days haggling over an offer tabled last week by the companies.

The strike is already the longest and most costly in living memory for South Africa’s mines, though there has been a renewed drive to break the deadlock in recent days after several weeks with no formal direct talks between the two sides.

Apr 24, 2014

Book Talk: S.African writer maps personal history with Johannesburg’s

JOHANNESBURG (Reuters) – As a bookish child, Mark Gevisser played a game he has retroactively called “Dispatcher” in which he would plot routes in his parents’ street guide, the ‘Holmden’s Register of Johannesburg’, using the index to place names.

“Inevitably, the Dispatcher took me to places I was not meant to go,” he writes, recalling the time he stumbled across one of the few African names – “let’s call him Mphahlele, M” – in the book and discovered that the address was only two pages away from where he and his family lived on page 77.

Apr 23, 2014

South Africa platinum strike talks to continue Thursday

JOHANNESBURG (Reuters) – Marathon talks aimed at ending a crippling three-month strike in South Africa’s platinum sector will resume on Thursday after the world’s top producers and union AMCU spent two days haggling over an offer tabled last week by the companies.

The strike is already the longest and most costly in living memory for South Africa’s mines, though there has been a renewed drive to break the deadlock in recent days after several weeks with no formal direct talks between the two sides.

Apr 23, 2014

South African platinum talks resume as miners prepare for mass meeting

JOHANNESBURG, April 23 (Reuters) – Talks aimed at ending a
crippling three-month strike in South Africa’s platinum sector
resume on Wednesday after the world’s top producers and union
AMCU spent Tuesday haggling over an offer tabled last week by
the companies.

The strike is already the longest and most costly for South
Africa’s mines in living memory but in recent days there has
been a renewed drive to break the deadlock after several weeks
with no formal direct talks between the two sides.

Apr 22, 2014

South Africa platinum talks resume in bid to end three-month strike

JOHANNESBURG (Reuters) – Chief executives of the world’s top platinum producers were to again meet the leaders of the AMCU union on Tuesday for wage talks in a bid to find an agreement to end the longest and most costly strike on South Africa’s mines in living memory.

“They will be meeting this morning but at an undisclosed location,” said a spokeswoman for the producers.

Apr 22, 2014

S.Africa platinum talks resume in bid to end 3-month strike

JOHANNESBURG, April 22 (Reuters) – Chief executives of the
world’s top platinum producers were to again meet the leaders of
the AMCU union on Tuesday for wage talks in a bid to find an
agreement to end the longest and most costly strike on South
Africa’s mines in living memory.

“They will be meeting this morning but at an undisclosed
location,” said a spokeswoman for the producers.

Apr 17, 2014

South African platinum firms lift wage offer to 10 pct

JOHANNESBURG, April 17 (Reuters) – South African platinum
producers made a new wage offer on Thursday in a bid to end a
three-month strike at their mines that has hit 40 percent of
global output of the industrial metal.

Anglo American Platinum (Amplats), the world’s top
producer, and Impala Platinum (Implats), the
second-biggest, said in separate statements they had offered
annual increases of 7.5 to 10 percent, compared with an earlier
offer of as much as 9 percent per year.

Apr 17, 2014

Striking S.Africa union, platinum bosses to meet again next week

JOHANNESBURG, April 17 (Reuters) – The leaders of South
Africa’s striking AMCU union and the world’s three biggest
platinum producers will resume talks next week after they failed
again on Thursday to reach an agreement to end a crippling
walk-out entering its 13th week.

“There was some discussion but there was no agreement and
they will meet again on Tuesday and Wednesday next week. The
parties are still far apart,” said a company source close to the
talks, who asked not to be named.

Apr 17, 2014

S.Africa union, platinum bosses in fresh talks to end strike

JOHANNESBURG, April 17 (Reuters) – The leaders of South
Africa’s striking mining union and the chief executives of the
world’s three biggest platinum producers were set to meet on
Thursday, in a renewed drive to end a crippling strike entering
its 13th week.

“They will be meeting directly with the Minister of Labour
Mildred Oliphant present as well,” a spokeswoman for the
producers told Reuters.

    • 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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