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reuters

S.Africa illegal strikes hit more Amplats mines

4 October 2012 By admin

JOHANNESBURG Oct 4 (Reuters) - Illegal strikes have spread to three more South African mines run by world no. 1 platinum producer Anglo American Platinum, a trade union said on Thursday, the latest round of wildcat action to hit the country's mining sector. "They went on strike at these mines last night and at the smelter our members have been threatened and told if they … [Read more...] about S.Africa illegal strikes hit more Amplats mines

S.Africa’s Sept coal exports from RBCT at 5.24 mln T

4 October 2012 By admin

JOHANNESBURG Oct 4 (Reuters) - South Africa exported 5.24 million tonnes of coal from the Richards Bay Coal Terminal in September, down from 5.9 million tonnes the previous month, data showed on Thursday. Africa's biggest economy - a major exporter of coal to power stations in Europe and Asia - had 3.95 million tonnes of coal stocks at the terminal at the end of September, … [Read more...] about S.Africa’s Sept coal exports from RBCT at 5.24 mln T

Wage talks in S.Africa truck driver strike collapse

4 October 2012 By admin

JOHANNESBURG Oct 4 (Reuters) - Wage talks to end a strike by more than 20,000 truck drivers in South Africa have collapsed after unions rejected the employers 18 percent pay rise offer over two years, the Road Freight Employers Association said on Thursday. "This afternoon the unions responded that once again they do not accept the deal which met their demand of 18 percent … [Read more...] about Wage talks in S.Africa truck driver strike collapse

S.Africa’s rand recovers from one-month low

4 October 2012 By admin

JOHANNESBURG Oct 3 (Reuters) - South Africa's rand weakened to a one-month low on Wednesday as commodity currencies came under pressure and the positive effects of inclusion in an influential bond index began to wear off. The rand was trading at 8.4226 to the dollar at 1550 GMT, 0.7 percent weaker than Tuesday's New York close, after falling to a session low of 8.4590. … [Read more...] about S.Africa’s rand recovers from one-month low

S.Africa mines chamber agrees to reopen wage talks

4 October 2012 By admin

JOHANNESBURG Oct 3 (Reuters) - South Africa's Chamber of Mines agreed to re-open wage talks in the coal and gold mining sectors, the National Union of Mineworkers (NUM) said on Wednesday, in a clear response to escalating wildcat strikes sweeping through the industry. "The Chamber agreed to engage the NUM in accordance with the stipulations of the existing wage agreement … [Read more...] about S.Africa mines chamber agrees to reopen wage talks

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