Home News Page 834

News

Platinum strike goes on as Govt talks fail

0
The Inter-Governmental Task Team has been dissolved without finding a way to end a 20-week strike over wages in South Africa's platinum industry.

Kalagadi’s Mashile-Nkosi lays into IDC

0
Kalagadi Manganese chairperson, Daphne Mashile-Nkosi, has accused the IDC of behaving "like a loan shark" after R1bn in loan debt almost doubled after interest.

Eskom’s Tstotsi fears New Largo may be late

0
Eskom chairman Zola Tsotsi said there was a risk Anglo American's New Largo coal mine might not be ready in time to supply the 4,800MW Kusile power station.

Gulf in SA productivity rules out wage hikes

0
Data shows that South African mining is hugely unproductive compared to Australia and demonstrates why AMCU's wage demands are unaffordable.

Eskom suits sacrifice pay amid R225m crunch

0
Eskom's senior executives are to sacrifice their annual bonuses, but interim boss Collin Matjila warns that the electricity tariff has to be revisited.

Froneman vows to take ‘harder line’ on strikes

0
Neal Froneman, CEO of Sibanye Gold, said the SA gold sector was aligned on rejecting 'unrealistic' wage demands and that it would take a harder line than the platinum industry.

Platfields in reverse listing negotiations

0
Platfields, the suspended platinum junior, may be the target of a reverse listing which will result in a change in management.

Ramatlhodi bid to end strike draws AMCU praise

0
Mines minister Ngoako Ramatlhodi drew upbeat comments from AMCU as he sought to force through a strike-busting wage deal.

AMCU bid to halt SMS campaign fails

0
The Labour Court rejected an application by the Association of Mineworkers & Construction Union to have platinum producers stopped from texting workers on the strike.

Platinum firms, AMCU weigh 16% wage offer

0
Platinum companies and the Association of Mineworkers & Construction Union hope to break the 19-week strike with a 16% basic pay increase, sources say.