Great Basin buys time as suitors mull Burnstone
The Canadian firm is hoping to win time to seal the sale of its Burnstone mine for
which there are two potential suitors.
Gold Fields strike hangs in balance
The fate of some 15,000 Gold Fields workers turns on eleventh-hour discussions,
with the gold producer ready to serve its third and final ultimatum.
Lonmin pitches bonus to break wage impasse
Sapa reports that Lonmin has offered R1,500 in a one-off bonus in order to break the
six week strike. This and other updates from the wire agencies on the strike talks
progress.
Amplats’s Griffith: “Let’s learn from gold’
Miners operating in platinum have much to learn from their peers in gold, according
to Anglo American Platinum CEO Chris Griffith.
Malema frog-marched as settlement hopes grow
Julius Malema is frog-marched from Marikana where he hoped to address about
2,000 striking Lonmin workers on a day when the prospect of a wage settlement
flickered encouragingly.
Lonmin strike over
UPDATED: Striking miners at Lonmin’s Marikana platinum mine have accepted a company offer of a 22% overall pay increase.
It’s either wage hikes or jobs, says Lonmin
The demand for a R12,500 a month salary is unsustainable and will cause some
workers to lose their jobs so that the remainder can earn that much, says Lonmin
CEO Simon Scott.
SA leaders thought Marikana would “blow over’
SA’s leaders did not respond earlier to the ongoing crisis in Marikana and
surrounding mines because they thought that "Marikana was an isolated incident'.
Lonmin strike claims first job casualties
The ongoing strike at Lonmin’s operations has claimed its first operational casualty
as the company announces the closure of its K4 shaft.
Num proposes its own peace strategy
The entire mining sector has to abandon existing wage agreements and start an
expanded round of central bargaining negotiations, according to the National Union of
Mineworkers.