Chamber, Amcu to talk as strike spreads
UPDATED: The Chamber of Mines will meet trade union Amcu for the first time
on Wednesday. Meanwhile, some workers at Royal Bafokeng Platinum have
reportedly downed tools.
SA platinum faces “toxic mix’ as it plots union talks
The platinum sector’s relations with labour have been described as a toxic mix
of politics, union complacency and management failure.
Implats postpones NUM, Amcu count as tensions rise
Impala Platinum’s plans to verify the support that controversial union Amcu has
on its Rustenburg mine has been postponed two weeks as the atmosphere there
is tense.
Idle Lonmin to plea with bankers
Lonmin will have to ask its bankers for some leniency on its loan conditions, or
request shareholders for a capital injection, while its main operating asset is
standing still.
“We’re in a state of emergency’ – RBPlat
Royal Bafokeng Platinum CEO Steve Phiri says the company isn’t taking any
chances on security, following wage demands from rock drill operators at the
company’s BRPM mine.
RBPlat accelerates cost review, jobs at risk
The tough market conditions that have accounted for capital expenditure
cutbacks in the platinum industry claimed another scalp.
Ill Lonmin CEO admitted to hospital
Lonmin CEO Ian Farmer has been diagnosed with a serious illness and admitted
to hospital, the group says. Meanwhile, 30 people have died in a police crackdown.
Atlatsa makes progress at Bokoni
Atlatsa Resources says it is delivering on the operational side of its turnaround
strategy, even though a delay in the restructuring of its balance sheet means
the group continues to suffer losses.
Lonmin violence death toll rises to nine
The campaign of violence that has engulfed Lonmin’s Karee operations in North
West so far claimed the lives of nine people - two police officers and seven mine
employees.
Platinum miners “will pay for their sins’
The major platinum producers of North West will bear the brunt of more violent
community protests for as long as discontent over social inequality persists,
says the Bench Marks Foundation.