[miningmx.com] – THE South African government has called an urgent meeting with labour and business leaders to discuss the impact of low commodity prices on jobs in the mining sector, said Reuters.
“We meet under difficult conditions,” Reuters quoted South African president Jacob Zuma as saying in opening remarks at the Mining Sector National Consultative Forum in Pretoria today.
“The global economy is experiencing a downturn which is posing a challenge for South Africa’s economy, which is a net exporter of key mineral commodities,” Zuma said.
On August 31, the country’s mining sector, unions and the government signed a plan to reduce job losses which would include selling mines rather than shutting them.
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