JOHANNESBURG Oct 6 (Reuters) - Atlatsa Resources has sacked some of the 2,500 workers who went on a wildcat strike this week at its Bokoni platinum mine in South Africa, an official said on Saturday. The company, which employs about 3,500 people at the mine, would not say how many had been sacked but those dismissed have two days to appeal the decision, Joel Kesler, chief … [Read more...] about Atlatsa sacks some wildcat strikers at S.Africa mine
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UPDATE 1-S.African strikers press Amplats to revoke sackings
* Hundreds hold rally at platinum belt stadium * Strikes raise worries about government finances * Wildcat strikers sacked at Bokoni mine By Jon Herskovitz JOHANNESBURG, Oct 6 (Reuters) - Hundreds of striking South African workers rallied on Saturday to press Anglo American Platinum to revoke its decision to fire 12,000 wildcat strikers amid a wave of labour … [Read more...] about UPDATE 1-S.African strikers press Amplats to revoke sackings
S.Africa rand drops to 3-1/2 year low as Amplats fires strikers
* Market fears government not in control as strikes spread * Long-dated bonds hit by long-term inflation worries By Vuyani Ndaba JOHANNESBURG, Oct 5 (Reuters) - South Africa's rand tumbled against the dollar on Friday to near a 3-1/2 year low and bonds weakened after Anglo American Platinum said it had dismissed around 12,000 workers who went on an illegal … [Read more...] about S.Africa rand drops to 3-1/2 year low as Amplats fires strikers
Euro Coal-Prices steady, market watches S.Africa strikes
* October S.African bid at $85.75/T * S.African union seeks strike support from rail, port workers LONDON Oct 5 (Reuters) - Prompt physical coal prices were little changed on Friday after a series of trades for South African, delivered Europe and Newcastle cargoes. Prices dipped by up to 25 cents a tonne, traders said. Coal swaps values rose by over $1.00 in … [Read more...] about Euro Coal-Prices steady, market watches S.Africa strikes
S.Africa’s rand hammered to 3-1/2 year lows
JOHANNESBURG Oct 5 (Reuters) - South Africa's rand extended losses against the dollar to 2.6 percent on Friday, plumbing a 3-1/2 year low as investors dumped local assets on worries about the impact of illegal strikes sweeping Africa's biggest economy. The rand fell to 8.7370 to the greenback, its weakest level since May 2009, according to Reuters data. (Reporting by … [Read more...] about S.Africa’s rand hammered to 3-1/2 year lows
