Off The Wires

NUM, Northam deal may set AMCU tactics

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The outcome of a wage dispute between the NUM and Northam would be influential in the tactics adopted by AMCU in its wage disputes, an analyst said.

Unions to reconsider ‘winner takes all’ principle

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Majoritarianism, in which the dominant union has the lionshare of privileges in terms of mine representation could be overtuned by management, and labour.

Mugabe is “fit as a fiddle”: ZANU-PF

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ZANU-PF, Zimbabwe's ruling party, denied reports the country's president, Robert Mugabe had collapsed at the weekend.

CoM ‘apprehensive’ as strike threat builds

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Elize Strydom, chief negotiator at the Chamber of Mines of SA, declared herself apprehensive owing to possible strike action at the country's platinum mines.

Mine spillage pollutes Kruger Park river

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Polluted water from a dam owned by a phosphate mining firm flowed into the Olifants river which runs through the Kruger National Park.

Gold supported by Asian physical buying

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The price of gold advanced to three-week highs as Asian investors sought to buy physical stores of the metal.

Wesizwe finalises $650m loan

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Wesizwe Platinum has secured $650m from the China Development Bank for its Bakubung platinum project.

Platinum future clouded, crunch looms

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The future of the platinum market remained clouded but there could be a supply surplus in 2015, said Nomura International.

RBCT ships record coal in 2013

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Richards Bay Coal Terminal shipped 70 million tonnes of coal in 2013, a record for the terminal.

CRG share turbulence a one-off

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Price volatility in the shares of Central Rand Gold were unrelated to major new developments, said the company's CEO, Johan du Toit.