* General secretary of COSATU says labour group must renew itself * Despite acrimony, COSATU dependent on ANC rule * S.Africa labour market seen weakened by COSATU-friendly laws By Jon Herskovitz JOHANNESBURG, Sept 18 (Reuters) - A top South African labour leader urged a fresh start for the country's biggest unions on Tuesday, saying change was needed in the … [Read more...] about S.Africa’s top unions group fears for its future
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COMMODITIES-Rout extends to second day, hitting oil, soybeans
* Investors stay sharp on dreary US economy, Europe woes * Brent crude down nearly 2 pct, off 4 pct on week * Soybeans hit one-month low, down 6 pct in 2-day rout * Platinum dives as striking S.African miners accept new pay * Copper steadies but outlook remains weak By Barani Krishnan NEW YORK, Sept 18 (Reuters) - Commodities slumped on Tuesday for a … [Read more...] about COMMODITIES-Rout extends to second day, hitting oil, soybeans
UPDATE 6-S.Africa’s Lonmin miners accept pay rise to end strike
* Cheers as Marikana miners accept 22 pct wage hike * Top platinum firm Amplats resumes Rustenburg operations * Rand firms on news, spot platinum price falls 2 pct * Marikana unrest claimed 45 lives, shocked South Africa By Mish Molakeng MARIKANA, South Africa, Sept 18 (Reuters) - Striking platinum miners at Lonmin's Marikana mine in South Africa … [Read more...] about UPDATE 6-S.Africa’s Lonmin miners accept pay rise to end strike
Great Basin Gold’s S African unit files for creditor protection
Sept 18 (Reuters) - Great Basin Gold Ltd said its South African unit Southgold Exploration filed for creditor protection a week after it suspended operations at its Burnstone mine. Great Basin suspended production at the mine in the Witwatersrand Goldfields last week due to its inability to continue funding operations at the mine. The mine, which started production in … [Read more...] about Great Basin Gold’s S African unit files for creditor protection
Rugby-No new call ups for Australia despite Cooper injury
SYDNEY, Sept 19 (Reuters) - Australia coach Robbie Deans has opted not to replace Quade Cooper in his squad for the last two tests of the Rugby Championship despite losing his first choice flyhalf to injury for the rest of the competition. Cooper will miss the tests in South Africa and Argentina after scans on Tuesday revealed he needed a further operation on the knee he … [Read more...] about Rugby-No new call ups for Australia despite Cooper injury
