ARTICLES RELATING TO AMPLATS

Strike weighs on Lonmin production

2014-07-25 15:00

Lonmin's third quarter production has been severely affected by a five-month strike, the platinum mines' unaudited production results show.

Lonmin to hit 80% of normal output soon

2014-07-25 13:30

Platinum producer Lonmin will lift production to 80% of normal levels by the end of its financial year in September as it recovers from a five-month strike.

Labour Wrap: No use blaming workers

2014-07-24 07:15

In his latest Labour Wrap, Terry Bell takes on Amplats and admits he was conservative in his estimate of the economic difficulties faced by low-income families.

Amplats mines 'not in fire sale'

2014-07-21 14:27

If Anglo American Platinum does not get the right price for the mines it wants to sell, it would consider listing them as a separate company, says its CEO.

NUM opposes Amplats mines sale

2014-07-21 10:55

The National Union of Mineworkers says plans by Anglo American Platinum to sell some of its mines will result in job losses, which is punishment for poor workers.

Strike-hit Anglo ups iron ore, copper output

2014-07-17 09:25

Miner Anglo American, smarting from a 5-month strike at its platinum operations, reported higher iron ore and copper output for the first half of the year.

Strike hits earnings hard, warns Amplats

2014-07-14 09:04

Anglo American Platinum is expecting a significant drop in earnings for the first half of the year after a five-month strike crippled its operations.

Wildcat strike at Implats mine continues

2014-07-07 09:30

Impala Platinum says workers are continuing with a wildcat strike over wages at its Marula mine.

Amplats says reviewing Rustenburg assets

2014-06-30 10:29

Anglo American Platinum, which has been hit hard by a crippling five-month strike that ended last week, says it is reviewing options for its Rustenburg operations.

Strike could cost Amplats R11bn in losses

2014-06-26 06:00

Anglo Platinum CEO Chris Griffith says the mine could end up losing R11bn due to the strike and expects it will take about two weeks to resume significant output.

Mines up and running again in a few weeks

2014-06-25 10:03

Returning mineworkers will have to undergo medicals and retraining before they resume their jobs, with full operations expected to resume in a few weeks.

ANC wants prosperous platinum sector

2014-06-25 06:00

The African National Congress has called on labour and mining companies to work together to restore stability and prosperity to the platinum industry.

Nene: Business, govt must work together

2014-06-24 19:40

The private sector and government must work together to stimulate the economy, which needed to be more competitive, says Finance Minister Nhlanhla Nene.

JSE edges lower as platinum shares fall

2014-06-24 18:08

South African stocks have fallen for the second straight session, with platinum mining shares giving up some of the previous day's gains.

Platinum agreement stops hardships: Magara

2014-06-24 17:19

The end to the platinum strike has brought a stop to the hardships that the economy has suffered in the last few months, says Lonmin CEO Ben Magara.

Amcu, platinum firms sign mine deal

2014-06-24 15:20

The Association of Mineworkers and Construction Union and platinum firms have signed a settlement agreement following a crippling five-month wage strike.

Strike deal averts 'catastrophe' - premier

2014-06-24 09:32
90 comments

The economy has already suffered but Amcu's strike deal averts what could have become a "human catastrophe", says North West premier Supra Mahumapelo.

Hard work ahead as miners return to work

2014-06-23 20:58

The end of the five-month platinum strike is good news, but the focus must now shift to dealing with the economic impact and getting the sector back on its feet.

Amcu ends five-month platinum strike

2014-06-23 17:15
141 comments

The Association of Mineworkers and Construction Union says miners will go back to work after accepting a wage offer to end a bruising strike.

Mathunjwa arrives in Rustenburg

2014-06-23 16:43

Amcu president Joseph Mathunjwa was well received at the Royal Bafokeng Sports Palace in Phokeng, near Rustenburg.

Amcu expected to sign wage deal

2014-06-23 11:15

Amcu members were singing struggle songs as they filed into the Royal Bafokeng Sports Palace to witness the signing of a wage settlement in the platinum sector.

Platinum talks 'constructive'

2014-06-21 12:21

Talks aimed at resolving the five-month Amcu strike in the platinum sector have been constructive, the platinum producers say.

Miners trickle back as talks grind on

2014-06-20 18:57

Striking miners are slowly returning to the platinum belt in anticipation that the country's longest and costliest strike could come to an end and work resume.

Eurasia Mining to buy out Amplats stake

2014-06-20 17:15

Eurasia Mining, with gold and platinum projects in Russia, says it would buy out Anglo American Platinum's stake in their platinum mining joint venture.

 

Lonmin mulls Amplats mine buy-out

2014-07-25 13:30

Lonmin is considering buying out the rest of its joint venture in the Pandora mine, one of the operations Anglo American Platinum has put up for sale.

BHP, Anglo seek to sell joint assets

2014-07-24 09:14

BHP Billiton and Anglo American are looking to sell their jointly owned manganese assets portfolio, according to a report.

Plan to sell Amplats mines shocks union

2014-07-22 11:45
92 comments

The Workers' Association Union has warned that plans by Amplats to sell off mines will have a devastating effect on workers in the wake of the five-month strike.

Amplats mines on market after profit fall

2014-07-21 12:10

The dominant feature of the first half, was the strike during which 40% of Amplats production was not in operation, says CEO Chris Griffith

Amplats' output drops by 40%

2014-07-17 15:10

The five-month-long strike in the platinum sector led to a 40% decrease in production at Anglo American Platinum in the second quarter, the company says.

Ramatlhodi not concerned about Amplats rumours

2014-07-16 06:15

Mineral Resources Minister Ngoako Ramatlhodi does not see any "serious repercussions" if Anglo American Platinum sells some of its assets.

Marula strike over, says NUM

2014-07-08 10:04

The National Union of Mineworkers has ended an unprotected strike Impala Platinum's Marula mine in Limpopo.

JSE stocks up, resources under pressure

2014-06-30 17:59

Shares on the JSE rose even though resources came under pressure as Anglo American Platinum said it was reviewing options for its Rustenburg operations.

Mining communities set for big changes

2014-06-27 20:47

A special committee will be tasked with strengthening co-operation between the government, communities and the industry in the North West, says the premier.

Mining interest cloud over Ramatlhodi

2014-06-27 12:23

Mining Minister Ngoako Ramatlhodi has resigned from all mining interests, says his spokesperson following a report that he holds a R20m stake in a BEE partner of Amplats.

No work, no pay for returning strikers

2014-06-25 11:40

Returning mineworkers will receive back pay from the effective agreement dates until the day before the strike started, with food parcels for Amplats miners.

Miners back at work as more labour strife looms

2014-06-25 08:00

Thousands of strikers have returned to Lonmin and Anglo American Platinum mines, but more industrial action looms as unions retain their economic stranglehold.

Economy set to face more labour strife

2014-06-25 05:00

Platinum miners will return to work after a bruising strike, but there is little sense of relief among investors because more industrial action is looming.

Battle for R12 500 not over, says Mathunjwa

2014-06-24 19:01
132 comments

No platinum worker will earn less than R8 000 as a basic salary, says Amcu president Joseph Mathunjwa, adding that the union would continue the fight for R12 500.

Concerns about aftermath of platinum strike

2014-06-24 17:43

The resolution of the five-month strike in the platinum mining sector has been welcomed, but there have been concerns its effects would not disappear soon.

Zuma: Thank you for efforts to end strike

2014-06-24 16:11

President Jacob Zuma has welcomed the conclusion of the strike by platinum mineworkers and thanked everyone involved in the negotiations.

Amcu members sing outside Lonmin offices

2014-06-24 14:31

Amcu members have been singing outside Lonmin's offices, where the signing of an agreement to end the five-month platinum mining strike is to take place.

Platinum strike in a nutshell

2014-06-24 05:00

The Association of Mineworkers and Construction Union's protracted strike in the platinum mining sector has come to an end. Here are the highlights.

JSE down as earnings weigh on Naspers

2014-06-23 18:11

South African stocks have edged lower as shares in Naspers, the continent's biggest company by market value, fell after posting a surprise drop in full-year earnings.

Mathunjwa outlines pay deal to mineworkers

2014-06-23 17:09

Amcu leader Joseph Mathunjwa has read out the details of the wage deal for different salary bands to mineworkers at a mass rally.

Mixed messages on platinum deal

2014-06-23 13:21

Platinum producers have denied claims by the Association of Mineworkers and Construction Union that CEOs would be at a mass meeting near Rustenburg.

Unions have no right to violence - Baleni

2014-06-22 16:30

Trade unions have no right to embark on violence during strikes, says the National Union of Mineworkers.

Sibanye Gold eyes platinum mines

2014-06-20 20:36

Sibanye Gold has expressed interest in buying platinum mines, but is keeping mum on the exact details.

Platinum mines quietly optimistic

2014-06-20 18:08

Platinum producers are quietly optimistic that a negotiated settlement can be found to end the protracted wage strike as discussions continue.

Amcu: Demands are not new

2014-06-19 15:01

Amcu's demands in response to the in principle agreement are not new, says Amcu national treasurer Jimmy Gama.

 
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