strikes, community disruptions, illegal mining) and inability to increase productive shifts per annum ... Mining in South Africa: the challenges and the opportunities 2 September 2016 28 Mineral prices in rand terms have stagnated or declined Viability challenges facing gold,
Mining Minister Susan Shabangu has tried to rubbish the idea of nationalisation, but it remains more prevalent after the mining strikes than at Malema's height.
JOHANNESBURG, Oct 3 (Reuters) A series of wildcat miners' strikes spread to South Africa's iron ore sector on Wednesday and hit another gold firm in an escalation of the labour unrest that ...
The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry.
As South Africa's biggest postapartheid mine strike marks its eighth week on Thursday, it is already denting growth and export earnings, and many of those affected are having to sell their most ...
South Africa mining strike damage is 'irreparable'South Africa's deputy president is set to meet the mining industry andVideo South Africa miners' strike. Live Chat. The mining industry strike .
Sep 11, 2012· BI: South Africa is one of Africa's largest economies, driven very much in part by the natural resources derived from the mines where the workers are striking.
The GDP of South Africa contracted in the first quarter of 2014, pulled down by the steepest drop in mining production (25% of which 19% was directly attributable to the strike) in 50 years. It was the first contraction since 2009. Fitch Ratings downgraded its outlook on South Africa to "negative" from "stable".
The recent militant strike by the miners at the Impala Platinum Mine has highlighted how far the present NUM leadership is lagging behind the mood of the workers.
Johannesburg: Thousands of mine workers downed tools on Tuesday at South Africa's restive Lonmin mine after a union leader was shot dead in the restive platinum belt at the weekend. "Lonmin ...
Mar 25, 2014· Strikes cost South Africa platinum miners 1bn The world's largest platinum miners say they have lost 1bn during nineweeks of industrial action.
However, the ramifications for Rustenburg, for South Africa, and for the entire mining industry were severe and farreaching, and the full impact still not quantified. Impala Platinum, which mines, refines and sells platinum group metals, is one of the three big mining companies affected by the strike action, together with Anglo Platinum and Lonmin.
More than 80,000 miners have downed tools since August in often violent strikes that are hitting growth and investor confidence in Africa's biggest economy and .
Aug 16, 2012· Video shows workers under a hail of bullets shot by police. The police say they were trying to protect their own lives. For more CNN videos, check out our Yo...
Africa's platinum industry. The strike lasted five months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the South African economy as a whole.
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