strike halts platinum mining in south africa

 · JOHANNESBURG, Nov 12 (Reuters) - A strike over a pay dispute by more than 2,000 union members halted production at a mine owned by the world''s No.3 platinum producer Lonmin LMI.L LONJ.J, union and ...

 · Lonmin''s Limpopo platinum mine Johannesburg, South Africa — MININGREVIEW — 13 November 2008 – Both union and company officials have confirmed that a strike over a pay dispute by more than 2 000 union members has halted production at a mine owned by Lonmin plc – the world''s third largest platinum producer.. Reuters quotes Lonmin as saying that the mine …

 · Labour unrest at Anglo American Platinum''s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold Ashanti (NYSE:AU) have hardened their stance on strikers.

 · Mining giant Anglo American is selling some of its South African platinum mines due to their limited profitability. The South African Government has expressed increasing concern about the state of mining and the loss of thousands of jobs in the sector, so the sale will set the tone for whether or not the industry is salvageable.

 · Platinum mining in South Africa has ground to a halt since the Association of Mineworkers and Construction Union went on strike on Jan. 23 to demand higher pay.

 · All eyes are on South Africa, where a labor strike, now in its fifth month, has brought a halt to the production of platinum and palladium. As a result, platinum prices have inched up 8.25 percent this year to just under $1,500 an ounce, while palladium prices have surged 19.28 percent to over $850 an ounce, a three-year high.

 · Today, South Africa is experiencing major political shifts. There are few places where these political shifts were as apparent as in the country''s platinum belt in the North West Province. Operations at South Africa''s three largest platinum producers ground to a halt in January when miners put down their tools over wage disputes.

 · With these, you get a comprehensive South African mines list for major mines and companies. 1. BHP Billiton Energy Coal South Africa Proprietary Limited. This is one of the major companies in South Africa that is known for mining Gold. It was previously known as the Ingwe Collieries Limited.

 · South Africa''s radical AMCU union on Friday said that it had agreed in principle to a deal to end the country''s longest-ever mining strike, a day after platinum …

 · JOHANNESBURG — The labor strife gripping South Africa''s mines spread Wednesday, with riots prompting the world''s largest platinum producer to halt production at …

 · South Africa platinum miners to strike On Monday, members of the Association for Mineworkers & Construction Union (AMCU) in South Africa issued mining companies with notices to go on strike within ...

 · An 11-week miners'' strike which has ground South Africa''s platinum sector to a halt and heightened investor concern about the country will …

 · Strike Halts Platinum Mining in South Africa Union Members Demanding Pay Raises Stop Work at Sector''s Three Largest Producers. Razor wire is seen outside the entrance to the Lonmin platinum mine ...

 · Tensions at mining operations in South Africa are high following a strike that turned deadly at the Lonmin-owned Marikana platinum mine in the nation''s northwest. Police opened fire on ...

 · Protesters gather at the Lonmin platinum mine in Marikana, South Africa on August 17, 2012 where the day before 34 people were killed when police opened fire on striking mineworkers.

 · Lonmin Plc, the world''s third-largest platinum producer, said operations at its Marikana mine in South Africa have been halted after workers refused to …

Such events are rooted in a strike led by the African Mine Workers'' Union in August 1946. Miners of the Witwatersrand were demanding higher pay: an extra 10 shillings a day. The strike went on for a week despite what South African History Online describes as "the most savage police terror". Officially, the police and army attacked the ...

the strike to disappear. We conduct our analysis using a dynamic CGE model of South Africa. JEL codes: C68, J52 Keywords: Platinum mining strike, computable general equilibrium, UPGEM 1 Introduction The labour strike in South Africa''s platinum sector that started on 23 January 2014 became the country''s largest and most expensive in history ...

South Africa. Johannesburg Stock Exchange; Anglo American Platinum Limited. News. Summary ... South Africa minister warns on economy as mines face strike threat: RE. More recommendations: ... ANGLO AMERICAN PLATINUM: Unki Mine Production Rises 4pc Despite Pandemic: AQ. 02/23: ANGLO AMERICAN PLATINUM: ...

Platinum is the main metal which is mined in the Marikana mine.. First protests. On 10 August 2012, rock drillers initiated a wildcat strike in pursuit of a pay raise to 12,500 South African rand per month, a figure which amounted to tripling of their monthly salaries (from approx. US$280 to $840).. The strike occurred against a backdrop of antagonism and violence between the African National ...

South Africa is home to 80% of the world''s known platinum reserves, and produces about 70% of the world''s supply. Platinum prices have been flat since 2009 or so, due to weak demand for catalytic converters, the primary use of platinum in industry. Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a net loss.

 · JOHANNESBURG (Reuters) - South Africa''s government mediator met with the striking Association of Mineworkers and Construction Union (AMCU) on Wednesday to restart talks aimed at ending a crippling ...

 · On 23 January 2014, almost 70 000 platinum mine workers went on strike. The majority of workers were from major platinum producers such as Impala Platinum, Anglo American Platinum and Lonmin Platinum Mines based in the Rustenburg are of the North West Province. ... The South African mining industry shed 20,000 jobs in the 12 months leading to ...

Keywords: Platinum mining strike, computable general equilibrium, UPGEM . 1. Introduction . The labour strike in South Africa''s platinum sector that started on 23 January 2014 became the country''s largest and most expensive in history. The dispute regarding wages and conditions of

 · Union leader Joseph Mathunjwa, center, sings and dances with mine workers outside the Lonmin''s platinum mine in Marikana near Rustenburg, South Africa, Thursday, Jan. 23, 2014. Allied Metal and Construction Workers Union (AMCU) at Lonmin in Marikana, Anglo American Platinum (Amplats) and Impala mines started a strike on Thursday pushing for an ...

 · 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.

 · O n 16 August 2012, South African police opened fire on a large crowd of men who had walked out on strike from a platinum mine at Marikana, …

Anglo American halts SAfrican mine work ANGLO American has suspended platinum operations at a mine in South Africa as unrest spreads. AAP September 13, 2012 12:45am

South African platinum union: Strikes will go on Feb. 20, 2014 at 10:11 a.m. ET by Devon Maylie Strike halts platinum mining in South Africa

 · South Africa''s Impala Platinum Holdings (Implats) said on Thursday its ore transport system – meant to bring ore to the surface – fell at a shaft at one of its mines, resulting in some ...

 · Together the South African companies'' mines produce 3.5 million ounces in 2012; almost 60% of the world''s platinum. South Africa together with Russia control more than three-quarters of …

 · AngloGold halts output in South Africa as strike action spreads. Strikes shut down AngloGold Ashanti''s production in South Africa, while Amplats threatens its …

 · South Africa: Workers Strike At Lonmin SAPA, 14 May 2013. Mining operations at Lonmin''s platinum mine in Rustenburg, in North West, were suspended on Tuesday, the company said.

Strike halts South Africa gold mine. By AAP. ... Gold Fields mines have also been hit by a labour stoppage, as well as big players in the platinum, coal, chrome and transport sectors.

 · South Africa and Russia combined account for close to 80% of global supply of palladium and 70% of platinum output which are mainly used to clean emissions in automobiles.

 · The largest producer of platinum halted its operations as labor turmoil in South Africa''s mining industry disrupted gold and platinum mines. Anglo American Platinum …

 · [miningmx ] — PLATINUM Australia, the Australian exploration firm developing platinum projects in South Africa, on Wednesday reported that strike action at its Smokey Hills mine in South Africa has halted almost all operations at the mine.

 · After five months, South Africa''s platinum miners strike has ended with a deal that will see the lowest paid workers receiving increases of R1,000 (£55) a month.

Northam Platinum Ltd. of South Africa produced about 8,600 kg of PGMs at the Zondereinde Mine in 2011 compared with 8,200 kg in 2010. The company planned further increases in output in 2012. Aquarius Platinum Ltd. of South Africa operates the Everest Mine and has joint-venture agreements with Amplats for the Kroondal and the Marikana Mines.

 · We take a look at a few highlights/low lights of South Africa''s mining industry as published by Statistics South Africa Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining industry in 2019. The level of production was 1,3% lower in 2019 than 2018, which in turn was 2,1% lower than 2017.

 · The strike is the biggest to hit the platinum sector since the violent work stoppage in August 2012 that started at Lonmin''s Marikana mine and …