Racial edicts in the form of the current empowerment regime have been presented as a non-negotiable by President Ramaphosa, writes Terence Corrigan.
Morning clouds. Mild.
Thousands of miners, ex-employees and dependents of deceased miners will finally receive compensation for suffering through tuberculosis or silicosis because of working underground in South African gold mines.
While South Africa has one of the world's largest gold reserves, it is no longer the biggest producer on the continent, having lost its gold crown to Ghana.
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.
The global mining group said the investment would sustain the capacity of Richards Bay Minerals by developing a new mine called Zulti South.
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.
When the world’s biggest platinum miners sit down to hammer out a wage deal this week, they’ll hold two potentially winning cards in reserve: the cash and metal stockpiles to endure a strike.
South Africa, which led global gold production for a century and extracted about half the bullion ever mined, is now Africa’s second-largest gold producer.
Community activists who oppose mining projects in South Africa are often harassed, threatened and sometimes killed, according to a report by advocacy groups including Human Rights Watch.
The price of the metal - mainly used in autocatalysts in gasoline vehicles - has almost doubled from a recent low in August.
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