ARTICLES RELATING TO IMPLATS

Implats mulls mechanisation

2014-08-29 06:00

Impala Platinum has warnedof a tough time ahead on the cost front, and its CEO says it is looking at modernising the workplace and will mechanise where it can.

Lonmin dismisses job cut reports

2014-08-26 17:42

Lonmin says its immediate focus is to achieve a safe ramp-up of production in order to rebuild the business and restore profitability.

Implats closes Zimplats mine

2014-08-20 10:32

The Bimha mine in Zimbabwe, operated by Impala Platinum's subsidiary Zimplats, has been closed, says Implats.

Gold mine reboot shows challenge facing platinum

2014-08-15 09:03

The experience of Harmony Gold provides a warning for investors and metals traders banking on SA's platinum sector making a swift recovery from the strike.

Northam Platinum set to snap up new mines

2014-08-14 15:43

Northam Platinum is looking at buying mines in the strike-hit industry after it made a full-year loss because of a protracted strike.

Zim-Russia plans $1.6bn platinum investment

2014-08-05 19:29

A Zimbabwe-Russia joint venture company plans to invest $1.6bn in developing a platinum mine and constructing a smelter and refinery in Zimbabwe.

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.

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.

Impala meets unions at Marula

2014-07-15 12:20

Impala Platinum is meeting trade unions at its Marula mine outside Burgersfort in Limpopo over organisational issues.

NUM denied access at Impala, says Cosatu

2014-07-14 16:07

National Union of Mineworkers members have been denied entry to Impala Platinum operations in the North West, according to Cosatu.

Numsa to continue talks to halt strike

2014-07-07 19:20

Numsa spokesperson Castro Ngobese says wage talks to settle the strike will resume on Tuesday, offering some hope to the industrial sector.

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.

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.

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.

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.

 

Implats reviewing options to restore profits

2014-08-28 09:54

Impala Platinum has posted a drop in earnings after most of its SA operations had been hit by a wage strike and it is reviewing options to restore profits.

Jobs bloodbath: Lonmin, unions in the dark

2014-08-26 07:00

Lonmin boss Ben Magara has denied reports of plans to slash the workforce and close shafts, while trade unions say they are not aware of any lay-offs.

Implats warns of sharp fall in profits

2014-08-15 16:36

Impala Platinum has issued a stark profit warning, saying full year earnings would fall by up to 75%.

Slog back bodes ill for platinum trio

2014-08-15 06:00

The experience of Harmony Gold provides a warning for investors and traders banking on the platinum sector making a swift recovery from the crippling five-month strike.

Sibiya: Mining industry vibrant and thriving

2014-08-08 14:58

Chamber of Mines chief executive Bheki Sibiya says the mining industry is the backbone of the economy, adding that people need mineral products.

Anglo American's profit drops

2014-07-25 16:00

Anglo American's underlying operating profit has fallen in the six months to June, according to interim results.

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.

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.

Implats denies Cosatu claims

2014-07-15 05:00

Impala Platinum has denied Cosatu's claims that NUM members are not being granted access to the company's North West operations.

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.

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.

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.

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
115 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.

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
140 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.

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.

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