JOHANNESBURG, Sept 20 (Reuters) - The world's No. 3 platinum producer Lonmin said on Thursday its wage bill would rise 14 percent from Oct. 1 because of a pay deal reached this week to end a violent 6-week strike. Lonmin, faced with soaring costs, did not give precise numbers, so it was not clear what the wage increases would ultimately cost the company. Lonmin had an $18 … [Read more...] about UPDATE 1-Lonmin says S.Africa pay deal to add 14 pct to wage bill
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UPDATE 3-Amplats badly hit but one S.African mine strike over
* Protesters burn tyres and barricade road * Amplats admits 20 pct of Rustenburg miners stay away * Jubilant Lonmin miners return to work after pay rise By Helen Nyambura-Mwaura MARIKANA, South Africa, Sept 20 (Reuters) - Thousands reported back for work at Lonmin's Marikana mine on Thursday, ending a strike in which 45 people died, but miners at … [Read more...] about UPDATE 3-Amplats badly hit but one S.African mine strike over
PRECIOUS-Gold ends flat as open interest hits 1-year high
* Investors take breather after recent strong rally * US COMEX futures open interest highest in one year * Bullish "golden cross" on charts signals better momentum (New details throughout, changes byline, dateline previously LONDON) By Frank Tang NEW YORK, Sept 20 (Reuters) - Gold ended nearly flat on Thursday as the market paused after its recent sharp … [Read more...] about PRECIOUS-Gold ends flat as open interest hits 1-year high
COMMODITIES-Another mixed day as Brent oil up; metals, crops down
* Brent up 2 pct, halting 3-day slide as gasoline supports * Metals slip; copper retreats from Wednesday's 4-mth peak * Soybeans down after speedy harvest, encouraging yields By Barani Krishnan NEW YORK, Sept 20 (Reuters) - Prices of Brent crude oil rose on Thursday, halting a three-day selloff that followed last week's enlarged U.S. stimulus plan, while metals … [Read more...] about COMMODITIES-Another mixed day as Brent oil up; metals, crops down
TABLE-S.Africa’s Q3 inflation expectations
JOHANNESBURG, Sept 20 (Reuters) - South Africa's Bureau for Economic Research released its third quarter quarter survey for annual inflation expectations on Thursday. 2012 Q3 CPI SURVEY Analysts Business Unions Average 2012 5.5 5.9 5.8 5.8 2013 5.2 6.3 6.4 6.0 2014 5.3 6.4 6.9 … [Read more...] about TABLE-S.Africa’s Q3 inflation expectations
