· In early 2014, prior to the platinum mining strike, the real GDP growth forecast for South Africa was 2.7% (International Monetary Fund, 2014b, National Treasury, 2014). The October 2014 edition of the IMF's World Economic Outlook revised this forecast down to 1.4% ( IMF, 2014b ).
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· Although strikes are common in South Africa, there has not been a nationwide strike in the mining sector since 2005, which affected the gold industry. Frans Barker, a senior executive in the
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· On 16 August 2012, Thembisa Nkuzo was among a group of women who set out from their homes in Nkaneng settlement, in South Africa's platinum mining district, and began walking towards a rocky outcrop just south of the Lonmin mine. Striking mineworkers had been camped out on "Marikana mountain" for several days, demanding
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· Operators of a South African gold mine negotiated with about 15,000 striking workers Monday after they walked off the job the night before, a company official said. “At this stage, the reason
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· South Africa. More than 2,000 workers occupy a platinum mine in South Africa for the second day in a row on Tuesday, causing concern among families as the company tries to push for an end to one
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· 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. Additionally, labour costs in the mining sector account for 45% to 50% of total cost, while the global average was 30 to 40% of total cost, with
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· When South Africa’s GDP growth numbers for the first quarter are announced at the end of the month, the destructive impact of the country’s longest-running mining strike on the national
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· Leaders of South Africa's platinum mines have said the nine-week long strike by workers has caused 'irreparable' damage and has cost the sector nearly $1bn. Miners at Anglo American Platinum
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· More than 2,000 workers have remained underground Tuesday, Dec. 19 in two shafts at Implats’ Bafokeng Rasimone Platinum Mine in the North West province of South Africa for a second day in a protest over pay and benefits.
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· Photo taken in 2012. As anticipated last week, about 80,000 South African gold miners went on strike Tuesday night after wage talks broke down, threatening to cause millions of dollars in lost
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· Workers at South Africa's state-owned logistics firm Transnet gather in front of ship containers as they continue on a nationwide strike outside the Port of Cape Town amid talks to end a wage
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· 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
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· Sibanye Stillwater Ltd.’s biggest mining unions agreed to a wage deal that will end nearly 90 days of a workers’ strike at its three gold mines. Sibanye and the Association of Mineworkers and
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· It has been estimated that the gold miners' strike could cost South Africa more than $30m (£20m) a day in lost output. Mine owners are warning it could lead to gold mines closing and thousands of
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· A strike across the South African miners’ operations seems likely following failed wage negotiations between the company and unions. Zachary Skidmore January 17, 2022. South Africa’s mining unions have been cleared to strike after a breakdown in wage negotiations with Sibanye-Stillwater. The Commission for
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· 1:19. An underground sit-in by workers at a South African platinum mine entered a third day Friday, with employees saying they’ll remain underground until their demands are met. The sit-in at
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· In early 2014, prior to the platinum mining strike, the real GDP growth forecast for South Africa was 2.7% (International Monetary Fund, 2014b, National Treasury, 2014). The October 2014 edition of the IMF's World Economic Outlook revised this forecast down to 1.4% (IMF, 2014b).
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· The National Union of Metalworkers of South Africa (NUMSA) went on strike at the Impala Platinum mines in Rustenburg this week. Among the key demands raised by the workers is an end to exploitation by labor contractors. June 24, 2022 by Peoples Dispatch. Over 4,000 contract workers launched an indefinite strike on Monday,
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· 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. BDLive, via Reuters
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· South African ‘hostage’ miners emerge from underground amid union dispute One union alleges the mineworkers were ‘held hostage’ while another contends they were staging a ‘sit-in
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12–14 August: 2 policemen, 2 security guards dead. The Marikana massacre was the killing of thirty-four miners by the South African Police Service (SAPS) on 16 August 2012 during a six-week wildcat strike at the Lonmin platinum mine at Marikana near Rustenburg in South Africa's North West province. The massacre constituted the most lethal use
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South Africans appear to have become accustomed to perpetual strike action, especially in the mining industry. It is an unhealthy sign of succumbing to the status quo, having relinquished faith that a solution is in fact possible. The recent strike at Northam Platinum’s Zondereinde mine lasted twelve weeks. It cost the mine over R500m in lost
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· Protests by striking miners continue in South Africa. Calls have been made for a national strike to start on Sunday. The government says workers and the whole country will suffer.
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The Media uses the name of the mines as they are called in the site, where the operations are taking place. Table to demonstrates the names of the multinational companies or listed South African mine companies which own the names of the mines in Table 1. TABLE 2 SOUTH AFRICAN MINE COMPANIES. Mine Name.
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· The Chamber of Mines, an employer trade association, said that 220,000 to 230,000 black miners were on strike and that production had been ''significantly affected'' at 33 of the group's 99 mines
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· Underground Strike at Bafokeng Rasimone Mine Concludes After Three Days. The standoff at Impala Platinum’s Bafokeng Rasimone mine in South Africa has come to a peaceful conclusion, with over 2,000 mineworkers resurfacing on Wednesday. This marks the end of a three-day underground sit-in that began earlier this week.
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JOHANNESBURG, April 22 (Reuters)-Mining company Sibanye-Stillwater (SSWJ.J) on Friday gave South African gold mine workers a higher wage offer, a month and a half into a strike at its gold
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Русский. 10 March, 2022 The National Union of Mineworkers (NUM), affiliated to IndustriALL Global Union, and other unions, are on strike to push for wage demands after failed negotiations at Sibanye Stillwater gold mines. The strike began with the night shift on 9 March after Sibanye Stillwater’s fifth proposal on the wage negotiations
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· Striking this balance still remains in the gift of the government if it can move beyond political infighting and rebuild the national brand as a mining destination. South Africa’s geological potential, skills, and capacity for
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South Africa is a world leader in mining, and mining remains the back bone of the country’s economy. It has been so since the precious metal was discovered in Johannesburg around 1887. The country’s huge and varied mineral reserves play a vital role in the economy, accounting for nearly half of the country’s merchandise exports,
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