Lonmin plans to cut 4 100 workers as it closes platinum mines

2019-05-21 05:01

Lonmin plans to cut 4 100 workers at mines that have run out of profitable ore and are being closed.

Public Investment Corporation said to be concerned by Sibanye offer

2019-05-17 12:16

The Public Investment Corporation, whose 30% stake in Lonmin is enough to block the miner’s planned takeover by Sibanye Gold, is concerned that the value of the all-share deal has been eroded, according to a person familiar with the matter.

Platinum miners brace for labour clash in early Ramaphosa test

2019-05-14 07:54

When the world’s biggest platinum miners sit down with labour unions this month to negotiate a three-year wage deal, it could prove an early test of Cyril Ramaphosa’s new presidency.

AMCU's firebrand leader is headed for a showdown with govt

2019-04-29 12:05

One of the most polarizing figures in South African mining, union leader Joseph Mathunjwa has never hesitated to go head-to-head with powerful CEOs. Now he may have to face down the government.

AMCU ends five-month long strike at Sibanye

2019-04-17 16:58

Trade union AMCU will end its five-month long strike after reaching an agreement with Sibanye-Stillwater.

Sibanye builds war chest amid risk of deepening labour conflict

2019-04-10 14:44

The upcoming wage talks will pit Sibanye Chief Executive Officer Neal Froneman against AMCU President Joseph Mathunjwa, who oversaw the longest ever strike in South Africa’s platinum industry in 2014.

Sibanye tackles balance sheet woes with cash placing of R1.8bn in new ordinary shares

2019-04-09 19:23

Sibanye-Stillwater is set to conduct a non pre-emptive cash placing of new ordinary shares, the miner announced on Tuesday evening.

Labour court rules extension of Sibanye-Stillwater wage agreement to AMCU is lawful

2019-03-20 22:28

The Labour Court has ruled that a gold wage agreement between Sibanye-Stillwater and unions NUM, UASA and Solidarity, which has been extended to AMCU as well as non-unionised employees, is valid and lawful.

AMCU delays wider mining strike until judgment

2019-02-28 08:05

AMCU issued a notice to at least 15 companies last week about the action that was scheduled to start with the night shift on Thursday.

Lonmin gets strike notice from AMCU

2019-02-21 11:25

Platinum producer Lonmin says it has received a notice for a sympathy strike from the Association of Mineworkers and Construction Union (AMCU) in support of the ongoing stay away at Sibanye-Stillwater.

 

Court dismisses AMCU's job loss appeal on Sibanye-Lonmin merger

2019-05-17 15:46

Judge Dennis Davis on Friday dismissed an appeal by the Association of Mineworkers and Construction Union (AMCU) who wanted an aproval by the Competition Tribunal for a merger between mining companies Sibanye-Stillwater and Lonmin set aside.

Judge admonishes ex-AMCU leaders accused of murder: No more delays or I revoke bail

2019-05-15 20:28

The Gauteng High Court in Pretoria believes that the murder and attempted murder trial of Association of Mineworker and Construction Union leaders has been deliberately delayed.

Lonmin CEO still backs Sibanye offer even as profit rebounds

2019-05-10 14:43

While some analysts have questioned the value of Sibanye’s offer, Lonmin Chief Executive Officer Ben Magara continues to recommend it, saying the rebound in earnings isn’t sufficient to resolve the company’s long-term challenges.

AMCU insists it is compliant with labour law

2019-04-26 17:00

AMCU has insisted it is in compliance with the Labour Relations Act, after facing deregistration.

Manyi’s party calls for energy minister intervention in Sibanye labour strife

2019-04-16 18:42

The African Transformation Movement has asked Energy Minister Jeff Radebe to lend a helping hand with the labour challenges faced by mineworkers at Sibanye-Stillwater.

Sibanye share price drops nearly 14% after raising R1.7bn in share offer

2019-04-10 10:52

Sibanye-Stillwater announced that it raised approximately R1.7bn through the placing of more than 108 million shares on Tuesday.

AMCU slams Lonmin-Sibanye merger over 'magnitude' of job losses at Competition Appeal Court

2019-04-08 13:17

The Competition Appeal Court has heard that a merger between two mining companies would lead to substantial job losses, affecting the surrounding community.

Cosatu slams Mantashe, echoes calls to amend mine health and safety act

2019-03-06 14:54

Trade union federation Cosatu has slammed Mineral Resources Minister Gwede Mantashe’s statement that bringing criminal charges against mining bosses for fatalities at mines will cripple the industry.

'Unfathomable' that AMCU wants sympathy strikes - Minerals Council CEO

2019-02-22 12:20

Fifteen mining companies have received notices of secondary strike action from trade union AMCU, the Minerals Council said in a statement on Friday, adding the companies would do 'everything in their power' to avert the sympathy strikes.

We control these mines, defiant AMCU says amid calls for secondary strike

2019-02-19 18:38

The union vowed to meet any attempts to interdict the secondary strike in court.

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