Strikes ends at Petmin’s Somkhele mine
Petmin’s Somkhele anthracite mine in KwaZulu-Natal is back in production after the
group’s mining contractor agreed to a restructuring of wage packages.
Talks to start on platinum bargaining forum
Minister of Labour Mildred Oliphant will open the start of talks among platinum
employers on the creation of a central wage bargaining platform for the sector.
Under seige Amplats axes 12,000 jobs
As strike contagion spreads to its Amandelbult and Union mines, Anglo American
Platinum finally brings the axe down on 12,000 workers at its Rustenburg units.
Talks on platinum bargaining forum start
Negotiations on the establishment of a central bargaining platform for the platinum
mining sector have commenced.
Aquarius issues 2.9% of shares to ‘preserve’ BEE
Aquarius Platinum issues 2.9% of its stock - and says that it will issue more - to
preserve the 13% held by its BEE partners in a development that is ominous for SA
mining.
Strike forces Kumba’s Sishen to standstill
Production has been halted at Kumba Iron Ore’s Sishen mine while clients would
continue to be supplied from stockpiles at the mine and Saldanha Bay, it said.
Chamber, Cosatu agree on labour framework
Gold mining companies make some significant concessions as they and trade
federation Cosatu discuss ways to bring the current spate of wildcat strikes to an
end.
Carroll takes up De Beers chair
Cynthia Carroll, CEO of Anglo American, has been appointed chairperson of diamond
business De Beers in which the UK-listed group recently extended control to 85%.
Existing wage deal offers pay hike loophole
Mineworkers within the gold and coal sectors may be in line for additional salary
increases this year without the need to amend existing formal wage agreements.
Shabangu blames Implats for strike contagion
Susan Shabangu, South Africa’s mines minister, said Impala Platinum’s increase of
miner wages last year was the root cause of the country’s current strike contagion.