Off The Wires

SA steel industry in job crisis talks

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South Africa's steel industry is to meet with unions in which the issue of looming retrenchments will be discussed in the under pressure sector.

Demand from China strong: Rio’s Walsh

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Demand from China for commodities remained stronger than 'external pundits' were saying, said Sam Walsh, CEO of Rio Tinto.

11,000 NUM members could lose jobs

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Up to 11,000 members of the National Union of Mineworkers could lose their jobs in terms of planned retrenchments by mining companies.

Halting job cuts will mean ‘vicious spiral’: Froneman

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Government attempts to have mining firms abandon job cuts would result in "an even more vicious spiral", said Neal Froneman, CEO of Sibanye Gold.

DMR lifts Optimum Coal suspension

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South Africa's Department of Mineral Resources has lifted the suspension over Glencore's Optimum Coal mine pending further discussions.

Gold industry wage talks move to arbitration

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Wage talks in SA's gold sector would move to facilitation after the country's four main unions formally rejected the the latest offer from gold mining firms.

Zim in $210m foreign infrastructure loan

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Zimbabwe received $210m in foreign loans for infrastructure projects in the first half of 2015, the country's central bank said.

South African coal miners reject pay offer

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South African unions representing coal miners rejected a 4% to 6.5% pay offer raising the prospect of a prolonged strike in the struggling sector.

CoM reports progress in Ramatlhodi meeting

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Talks to stem retrenchments in South Africa's mining sector and improve bureaucratic efficiencies were welcomed by the Chamber of Mines.

Palabora halts mining amid protests

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Copper mining at Palabora Mining Company had been stopped following protests by members of a nearby community over job recruitment procedures.