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South Africa's mining industry is again confronted by labour unrest. Production at the Marikana platinum mining complex run by Lonmin PLC, the world's third largest platinum producer, has been ...
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The African continent is richly endowed with significant mineral, oil and gas resources, including large reserves of gold. As noted in the previous chapter, the continent is home to a large portion of the world's mineral wealth, including 42 per cent of the world's known gold reserves (Bush, 2008, p. 361).The continent's largest producer of gold, …
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Just for the first month. Support independent journalism by subscribing to our digital news package. Subscribe now. The unprotected underground protest action at …
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Photo taken in 2012. As anticipated last week, about 80,000 South African gold miners went on strike Tuesday night after wage talks broke down, threatening to cause millions of dollars in lost ...
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The Impact of the 2014 Platinum Mining Strike in South Africa: An Economy-Wide Analysis Bohlmann, H.R. 1, Van Heerden, J.H., Dixon, P.B.2 and Rimmer, M.T.2 ... economy-wide impact of the platinum sector strike in South Africa over the period 2014 to 2020. Four different simulations are run, ranging from the most optimistic scenario to the …
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Sibanye's Kloof operation. ( Image courtesy of Sibanye-Stillwater.) South Africa's long-divided mining unions have scored a win since forging a united front against the industry's largest ...
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South Africa's long-divided mining unions have scored a win since forging a united front against the industry's largest employer as the country's labour arbitration …
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Two years ago, 34 striking miners in South Africa were shot dead by security forces. The cover-up was a national scandal. But do this summer's wage protests herald a major force for change? Jack ...
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Experts say the Transnet strike is likely to worsen South Africa's mining industry. Ahead of the Transnet strike, South Africa's Minerals Council projected a revenue loss of 50 billion rand ($2.76 billion) in 2022 compared to 35 billion rand in 2021, a drop experts say will be throttled by limited exports amid the Transnet strike.
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A strike across the South African miners' operations seems likely following failed wage negotiations between the company and unions. South Africa's mining unions have been cleared to strike after a breakdown in wage negotiations with Sibanye-Stillwater. The Commission for Conciliation, Mediation and Arbitration, an independent dispute ...
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KEY TAKEAWAYS. South Africa became the biggst gold producer in the word until the 2000s because of the large gold deposits at Witwatersrand.; The establishment of the city of Johannesburg can be traced back to the gold rush.; Deep underground there are still massive gold reserves, making (industrial) mining still …
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Army quells miners' strike, killing 214. 1941. African workers formed the African Mine Workers Union. 1943. In order to stave off the growing unrest among the African mine workers, the regime appointed a Commission of Enquiry. 1946. They called a general strike. Nine men were killed, and seventy men were dismissed.
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South Africa. More than 2,000 workers occupy a platinum mine in South Africa for the second day in a row on Tuesday, causing concern among families as the company tries to push for an end to one ...
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14 Feb 2022. South African mining company Sibanye-Stillwater is set to meet unions this week over a looming strike at its gold operations in the country. On Monday, a spokesperson for the company ...
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Dec. 5, 2007. JOHANNESBURG, Dec. 4 South Africa's crucial mining sector was hit Tuesday by its biggest strike in two decades, as tens of thousands of workers stayed home to protest poor safety ...
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August 16, 2015. Share this article. South African mining union National Union of Mineworkers (NUM) are holding an indefinite strike at the Nkomati Nickel Mine in eastern Nkomati demanding bonus pay. NUM deputy general secretary and the chief negotiator at Nkomati mine William Makgabo Mabapa said that the strike will include every shift, and ...
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South Africa's mining industry has been a central part of its history for 100 years. We look at the history of mining in South Africa. MT. Menu. Search. Sections. Home; ... That year, the African Mineworkers Union went on strike, with 60,000 workers downing tools to demand higher wages. But police broke up the protest by killing 12 …
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RUSTENBURG, South Africa, March 15 (Reuters) - South Africa's labour court has rejected a request by the Association of Mineworkers and Construction Union (AMCU) to hold an industry-wide strike ...
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A strike across the South African miners' operations seems likely following failed wage negotiations between the company and unions. Zachary Skidmore January …
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Updated 12:34 PM PDT, December 19, 2023. CAPE TOWN, South Africa (AP) — More than 2,000 workers remained underground for a second day Tuesday in a protest over pay and benefits at a platinum mine in South Africa. The mine is owned by …
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Fine and Rustomjee posit that South Africa has been a leading global supplier of minerals and mineral products for a long time.Neingo and Tholana aver that the mining industry in South Africa directly adds about 7% to the country's gross domestic product (GDP).Also, the industry is responsible for at least R540 billion in exports each …
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South Africa's mining industry is again confronted by labour unrest. Production at the Marikana platinum mining complex run by Lonmin PLC, the world's …
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A wage strike at South Africa's port and freight-rail operator that's curbing mineral exports is set to worsen as members of more labor unions join the protest. The United National Transport ...
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The Transnet strike is also set to worsen the mining industry's logistics woes. Even before the strike, South Africa's Minerals Council had projected a revenue loss of 50 billion rand ($2.76 ...
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Introduction. The strike by some 76,000 black miners in 1946 was one of the most significant examples of industrial action by black workers in South Africa. Following the demise of the ICU in the early 1940s, the mine workers were the first to challenge not only their employers, but the racist policies of the segregationist state of Jan Smuts.
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At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals ...
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A wage strike at South Africa's port and freight-rail operator that's curbing mineral exports is set to worsen as members of more labor unions join the protest. The …
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In early 2014, prior to the platinum mining strike, the real GDP growth forecast for South Africa was 2.7% (International Monetary Fund, 2014b, National Treasury, 2014). The October 2014 edition of the IMF's World Economic Outlook revised this forecast down to 1.4% (IMF, 2014b).
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South Africa and Russia combined account for close to 80% of global supply of palladium and 70% of platinum output which are mainly used to clean emissions in automobiles. BDLive, via Reuters ...
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When South Africa's GDP growth numbers for the first quarter are announced at the end of the month, the destructive impact of the country's longest …
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