South Africa is home to the world's biggest platinum group metals deposits and accounts for just over 90 percent of global production. The mining firms were considering the notices and vowed to "everything in their power" to prevent a strike, including legal action, the council said in the statement.
The world’s biggest platinum miners won a reprieve after a South African court reserved judgment on whether to block a week-long industry strike that was scheduled to start Thursday night.
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who downed tools over wages and job cuts, Minerals ...
The white South African State was mobilised and rampant in defence of its cheap labour policy and big dividends for the mining magnates and big business. This marked the opening of a phase of intense repression by the racist regime of the day, led by Field Marshal Smuts, against the forces for change in South Africa.
The strike also hurt output in manufacturing, which makes up about 15% of the economy locally and about 40% of global production of the precious metal, which is used for catalytic converters in vehicles and is a key source of hard currency for South Africa. Other affected industries
SA gold miners go on strike Jump to media player Some 80,000 gold miners in South Africa have gone on a strike to call for higher pay, but their union has significantly scaled down its demands.
Ever since the Kimberley diamond strike of 1868, South Africa has been a world leader in diamond production. [citation needed] The primary South African sources of diamonds, including seven large diamond mines around the country, are controlled by the De Beers Consolidated Mines Company.
Video shows workers under a hail of bullets shot by police. The police say they were trying to protect their own lives. For more CNN videos, check out our Yo...
The five month long strike affected both the workers and the mining companies. The South African mining industry shed 20,000 jobs in the 12 months leading to June 2013, and that trend was set to continue due to low margins, cost pressures and volatile commodity prices.
The GDP of South Africa contracted in the first quarter of 2014, pulled down by the steepest drop in mining production (25% of which 19% was directly attributable to the strike) in 50 years. It was the first contraction since 2009. Fitch Ratings downgraded its outlook on South Africa to "negative" from "stable".
South Africa is home to the world's biggest platinum group metals deposits and accounts for just over 90 percent of global production. The mining firms were considering the notices and vowed to "everything in their power" to prevent a strike, including legal action, the council said in the statement.
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who downed tools over wages and job cuts, Minerals ...
SA gold miners go on strike Jump to media player Some 80,000 gold miners in South Africa have gone on a strike to call for higher pay, but their union has significantly scaled down its demands.
The white South African State was mobilised and rampant in defence of its cheap labour policy and big dividends for the mining magnates and big business. This marked the opening of a phase of intense repression by the racist regime of the day, led by Field Marshal Smuts, against the forces for change in South Africa.
A strike in South Africa's gold mining sector ended on Tuesday after a 2-year wage deal was clinched, unions and the Chamber of Mines said. The strike at AngloGold Ashanti , Gold Fields and ...
South Africa's strike 'dilemma' Jump to media player South African motor industry workers have failed to reach a deal with their bosses at Toyota, Ford and BMW. The BBC's Lerato Mbele says the ...
With South Africa’s economy built on gold and diamond mining, the sector is also an important foreign exchange earner. But economists are concerned that continued strikes in major mining companies could damage the South African economy and hold back growth and employment.
the mining income to the GDP from 2002 to 2011 thus making it an important economic sector in South Africa (Chamber of Mines South Africa, 2012). The South African unionised labour market is particularly active when it comes to wage negotiations which often results in strike action, however in recent days we
Months of mining strikes in South Africa pushed its economy into contraction in the first quarter of this year, and with no resolution in sight, the outlook remains bleak.
By: Martin Creamer 28th March 2020 South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) and the Motsepe family on Saturday formed the key part ...
In August 1946 the African Mine Workers Union (AMWU) in South Africa called a strike of black miners in the country's Witwatersrand gold producing region. The strike was the first widespread action taken by African workers since 1920. Nearly 100,000 black workers struck, completely or partially ...
Reuters citing, Minerals Council South Africa reported that at least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye ...
With South Africa’s economy built on gold and diamond mining, the sector is also an important foreign exchange earner. But economists are concerned that continued strikes in major mining companies could damage the South African economy and hold back growth and employment.
Disclaimer. This paper is about underlying causes, social trends and possible solutions to address the causes of the mining strike wave crisis. It is an opinion piece that does not seek to detail the exact quantitative degree to which these trends have impacted on various commodity sub-sectors of the mining industry.
The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the South African economy as a whole. We find that it is not the higher nominal wages itself that caused the most damage, but the possible reaction by investors in the mining industry ...
the mining income to the GDP from 2002 to 2011 thus making it an important economic sector in South Africa (Chamber of Mines South Africa, 2012). The South African unionised labour market is particularly active when it comes to wage negotiations which often results in strike action, however in recent days we
Months of mining strikes in South Africa pushed its economy into contraction in the first quarter of this year, and with no resolution in sight, the outlook remains bleak.
According to SABC News, such a strike would affect a number of businesses in South Africa. The sector has guards in malls, the mining industry, residential clusters, universities, and parking lots.
South African police shoot dead striking miners ... More than 30 people killed at Lonmin platinum mine where strike over pay has escalated into alleged turf war between unions ... South Africa's ...
The month-long National Union of Metalworkers of South Africa- (Numsa-) led strike, which followed closely on the heels of the mining strike, resulted in workers losing 8% of their yearly wages ...
In August 1946 the African Mine Workers Union (AMWU) in South Africa called a strike of black miners in the country's Witwatersrand gold producing region. The strike was the first widespread action taken by African workers since 1920. Nearly 100,000 black workers struck, completely or partially ...
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals ...
South Africa's labor court has rejected a request by the Association of Mineworkers and Construction Union (AMCU) to hold an industry-wide strike covering the platinum and gold sectors, Anglogold ...
2007 South Africa miners' strike - Wikipedia. 2019-10-22 The South Africa miners strike was a one-day strike by the National Union of Mineworkers of South Africa over working conditions and safety in the country's mining industry. It was the first ever industry-wide miners' strike in South African history.
Reuters citing, Minerals Council South Africa reported that at least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye ...
From the world’s largest hand-dug mine to strike action with fatal violence on both sides, South Africa’s mining industry has been one of the country’s most influential for over a hundred years. We look at the history of mining in South Africa.
Disclaimer. This paper is about underlying causes, social trends and possible solutions to address the causes of the mining strike wave crisis. It is an opinion piece that does not seek to detail the exact quantitative degree to which these trends have impacted on various commodity sub-sectors of the mining industry.
The South African mining industry came to a virtual halt today as trade unions called one of the largest strikes of the post-apartheid era. The Congress of South African Trade Unions (Cosatu) has ...
More than 250,000 black miners agreed today to end South Africa's largest and costliest strike after three weeks. The gold and coal miners failed to win any improvement over a pre-strike wage ...
The month-long National Union of Metalworkers of South Africa- (Numsa-) led strike, which followed closely on the heels of the mining strike, resulted in workers losing 8% of their yearly wages ...