JOHANNESBURG, July 22 (Reuters) - South Africa 's main metals employer body has "reluctantly" accepted a government proposal to raise wages by up to 10 percent, it said on Tuesday, raising hopes of an end to a strike sapping the continent's most advanced economy.
JOHANNESBURG, July 22 (Reuters) - The main employer body in South Africa 's metals and engineering federation has accepted a government proposal to raise wages by as much as 10 percent, it said on Tuesday, raising hopes of an end to a strike by more than 200,000 workers.
* Amplats lost over 400,000 ounces to 5-month strike (Adds additional CEO comments)
only U.S. producer of palladium and platinum. It is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. Stillwater Mining Co. Is exploring for nickel, copper, gold, and silver ores, too. The
JOHANNESBURG (Reuters) - World number-one platinum producer Anglo American Platinum is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable.
OTCPK:AAUKY ) subsidiary, Amplats, is planning to sell its Union mine, Rustenburg operations and a joint venture in South Africa . The move will reduce the miner's staff count by 20k, and follows a continuous five-month strike against the company
variation and biological function in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa . Analysts are looking for a solid quarter with earnings gains of 18% on 23% revenue growth. Analysts may be underestimating
* NUM says edged out at Marula as members seek better deal
SYDNEY, July 21 (Reuters) - South Africa 's Woolworths Holdings Ltd's $200 million bid to buy out Australian retailer Country Road Ltd shareholders was fair and reasonable, an independent expert said on Monday.
(Reuters) - Anglo American Plc will unveil on Monday its plan to dispose of its oldest South African platinum mines, a move that would reduce the global miner's staff count by a fifth of its total workforce, the Sunday Times reported.