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reuters

S.Africa’s Harmony Gold says most striking workers back at Kusasalethu mine

25 October 2012 By admin

JOHANNESBURG Oct 25 (Reuters) - Harmony Gold Mining , South Africa's third-largest gold producer, on Thursday said most striking workers responded to an ultimatum and were back at work. Spokeswoman Marian van der Walt said while the company was still confirming the numbers, the turnout was positive. The 23-day strike at its Kusasalethu mine has already cost the … [Read more...] about S.Africa’s Harmony Gold says most striking workers back at Kusasalethu mine

Zimbabwe’s Jan-Sept gold output up 22 pct

24 October 2012 By admin

HARARE Oct 24 (Reuters) - Zimbabwe's January-September gold output rose 22 percent from the same period a year ago to 11 tonnes, generating $585 million in revenue, data from the mining chamber showed on Wednesday. Gold output in the southern African country is expected at 15 tonnes this year, compared to 13 tonnes in 2011. Output remains below the 27 tonnes reached … [Read more...] about Zimbabwe’s Jan-Sept gold output up 22 pct

S.Africa coal prices hit fresh lows as $77/T trades

24 October 2012 By admin

LONDON Oct 24 (Reuters) - South African prompt physical coal prices fell to the lowest levels since late December 2009 on Wednesday, extending a month-long decline, with a trade at $77.00 a tonne FOB for a November cargo, traders said. Sluggish spot demand in India and China, two of the biggest buyers of South African material on a spot basis, and abundant availability of … [Read more...] about S.Africa coal prices hit fresh lows as $77/T trades

UPDATE 1-S.Africa coal prices hit fresh lows, $77/T trades

24 October 2012 By admin

(Adds detail, quotes, graphic) By Jacqueline Cowhig LONDON Oct 24 (Reuters) - South African prompt physical coal prices fell by $2.60 a tonne to the lowest since late December 2009 on Wednesday, extending a month-long decline, with a trade at $77.00 for a November cargo, traders said. After the $77 trade, another November cargo was bid at $77 and offered at … [Read more...] about UPDATE 1-S.Africa coal prices hit fresh lows, $77/T trades

S.Africa labour hero urged crackdown on "criminal" strike

24 October 2012 By admin

* Company emails show Ramaphosa lobbying for government action * Anti-apartheid icon now being pilloried as mining tycoon * ANC Youth League says he has workers' blood "on his hands" * Ramaphosa has been apologetic, saying "we are all to blame" By Pascal Fletcher and Jon Herskovitz JOHANNESBURG, Oct 24 (Reuters) - South African millionaire businessman … [Read more...] about S.Africa labour hero urged crackdown on "criminal" strike

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