JOHANNESBURG Oct 15 (Reuters) - Striking South African gold miners have refused the industry's latest pay rise offer despite an extended deadline to respond, the Chamber of Mines said on Monday, dimming hopes that the illegal strike in the industry will come end anytime soon. "The unions have indicated that there have been mixed reactions by their members to the Chamber's … [Read more...] about Striking S.Africa gold miners refuse to return to work
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Nov S.African coal trades at $80/T, lowest since Dec 2009
LONDON Oct 15 (Reuters) - A November loading panamax cargo of South African coal traded at $80.00 a tonne FOB Richards Bay on Monday on the globalCOAL electronic trading platform. It was the lowest traded level since end-December 2009, traders said. Coal prices hit a two-year low of $81.65 in June because supply growth outpaced demand. (Reporting by Jacqueline Cowhig; … [Read more...] about Nov S.African coal trades at $80/T, lowest since Dec 2009
Harmony loses 20-25 kg gold daily due to SAfrica strike
JOHANNESBURG Oct 15 (Reuters) - Harmony Gold is losing between 20-25 kg of gold production a day due to a wildcat strike at its Kusasalethu mine in South Africa, a company spokeswoman said on Monday. "All the other mines are still operating as normal so we just need to resolve Kusasalethu," spokeswoman Henrika Basterfield said. There are 5,400 people on strike at the … [Read more...] about Harmony loses 20-25 kg gold daily due to SAfrica strike
Gold Fields suspends all KDC output due to strike
JOHANNESBURG Oct 15 (Reuters) - Bullion producer Gold Fields has suspended all output at its KDC operations in South Africa after 8,500 more workers had joined an illegal strike, the company said on Monday. "Production at the entire KDC has now been suspended," it said in a statement. KDC includes the KDC West and East mines. Around 19,500 of the operation's total … [Read more...] about Gold Fields suspends all KDC output due to strike
UPDATE 1-Nov S.African coal at $80/T, lowest since Dec 2009
* Nov S.African offered again at $80/T after early trade * Prompt Newcastle cargo trades at $76/T (Adds quote, graphic) LONDON Oct 15 (Reuters) - A November loading panamax cargo of South African coal traded at $80.00 a tonne FOB Richards Bay on Monday on the globalCOAL electronic trading platform. It was the lowest traded level since end-December 2009, traders … [Read more...] about UPDATE 1-Nov S.African coal at $80/T, lowest since Dec 2009
