Mining strikes: The costs to SA’s economy SAnews

2014-3-5  But economists are concerned that continued strikes in major mining companies could damage the South African economy and hold back growth and employment. This comes as reports indicate that more than 70,000 platinum mineworkers downed tools in Rustenburg on January 23.

The effects of strikes in the South African gold mining

2021-3-26  strikes in the mining sector are a common annual occurrence in South Africa, with an average of 1 030 workdays lost per annum for every 100 workers from 2007 to 2011, where the unions negotiate for higher wage rates in order to benefit union members (Department of Labour, 2011). Official statistics regarding the workdays lost due to illegal strikes have not been documented by the

South Africa: Mining Strikes the Costs to SA's

2014-3-5  But economists are concerned that continued strikes in major mining companies could damage the South African economy and hold back growth and employment.

Strikes spread in South Africa’s mining sector

South Africa’s largest mining union filed for industrial action at gold mining companies on Tuesday, raising the spectre of strikes in that sector after workers downed their tools at diamond and

Scandals and strikes: an uncertain Mining

2016-1-12  Strikes have been a familiar aspect of the South African mining history, most memorably with the Markiana massacre in 2012. The strike started at a Lonmin mine near Rustenburg, and 41 mineworkers were killed by police. In response, a wave of further strikes

Mining strikes shrink South Africa’s economy

2014-5-28  Mining strikes shrink South Africa’s economy. Months of mining strikes in South Africa pushed its economy into contraction in the first quarter of this year, and with no resolution in sight, the

No end in sight for South African mining strikes

2012-10-2  Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold

South Africa mining strike to spread to at least 15

2019-2-22  At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who downed tools over

2014 South African platinum strike: longest wage

2014-10-24  The five month long strike affected both the workers and the mining companies. The South African mining industry shed 20,000 jobs in the 12 months leading to June 2013, and that trend was set to continue due to low margins, cost pressures and volatile commodity prices.

Mining Strikes in South Africa, Peru and More [PHOTOS]

2011-10-21  A group of mines, employing about 5,000 workers, in South Africa that is owned and operated by Anglo-Swiss miner Xstrata Plc. Tensions with the miners, who went on strike Sunday, are escalating.

Mining strikes: The costs to SA’s economy SAnews

2014-3-5  South Africa is a world leader in mining, and mining remains the back bone of the country’s economy. It has been so since the precious metal was discovered in Johannesburg around 1887. The country’s huge and varied mineral reserves play a vital role in the economy, accounting for nearly half of the country’s merchandise exports, including

Strikes spread in South Africa’s mining sector

South Africa’s largest mining union filed for industrial action at gold mining companies on Tuesday, raising the spectre of strikes in that sector after workers downed their tools at diamond and

Mining strikes shrink South Africa’s economy

2014-5-28  Mining strikes shrink South Africa’s economy. Months of mining strikes in South Africa pushed its economy into contraction in the first quarter of this year, and with no resolution in sight, the

South Africa: 2012 SA Mining Strikes for Dummies

2012-10-18  Mining strikes will have a large impact on South Africa’s future. It’s exposed a gap between elected union and political leaders on one side and the workers they represent on the other.

Recent Strikes in South Africa’s Platinum-Group Metal

2013-9-6  South Africa. The mines and refineries are identified in tables 1 and 2, respectively, along with annual capacity, ownership, and labor strikes status. South African Platinum-Group Metal Producers Anglo American Platinum Ltd. (Amplats) of South Africa

Counting costs of South Africa's mining strikes

2014-7-22  Mining strikes have hammered the South African economy more than has been acknowledged, says Luke Alers of Dreadnought Capital. By Luke Alers* Recent media coverage has indicated that the mining sector has lost over R24bn in revenue and a further R10.6bn in wages, but there is a broader impact of the GDP multiplier effect on the economy. Using input-output analysis (Leontief,

No end in sight for South African mining strikes

2012-10-2  Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold

Impact of strikes on investors' confidence in the South

The impact of strikes in the South African mining industry has created a controversy, nationally and internationally by affecting investors’ confidence. Shares in the platinum mines were sold and were disinvested from South African platinum mines to offshore countries. The situation has tarnished the reputation of South Africa, which is known

South African gold miners go on strike BBC News

2013-9-3  South Africa's gold industry is one of the biggest in the world. But it has been in decline in recent years, while the platinum sector is still recovering from violence during last year's strikes.

Mining Sector Wages in South Africa lmip.za

2.5 Has the Collective Bargaining in South Africa Evolved Over Time (Pre- and Post-apartheid Periods)? 12 2.6 Weakness of the Wage Determination Process in South Africa 14 3. WAGES IN THE SOUTH AFRICAN MINING SECTOR 17 3.1 Worker Remuneration as a Percentage of Total Company Costs 17 3.2 Mining Wages in South Africa: A Sectoral Comparison 21

Strikes spread in South Africa’s mining sector

South Africa’s largest mining union filed for industrial action at gold mining companies on Tuesday, raising the spectre of strikes in that sector after workers downed their tools at diamond and

Are the strikes In South Africa good for mining

2012-8-30  Are the strikes In South Africa good for mining companies? As the dispute continues in Marikana, and appears to be spreading to both other platinum mines and to more workers at Lonmin, is it worth taking a step back from the immediate actions and considering the broader economic effect of the strikes?

Mining strikes shrink South Africa’s economy

2014-5-28  Mining strikes shrink South Africa’s economy. Months of mining strikes in South Africa pushed its economy into contraction in the first quarter of this year, and with no resolution in sight, the

South Africa: 2012 SA Mining Strikes for Dummies

2012-10-18  Mining strikes will have a large impact on South Africa’s future. It’s exposed a gap between elected union and political leaders on one side and the workers they represent on the other.

Mine Strikes in South Africa Could Boost Outlook for

2012-10-19  It was continued bad news for many South African mining concerns this week, amidst ongoing strikes that began in August at Lonmin and spread throughout the country—resulting in

2012 SA mining strikes for dummies Daily Maverick

2012-10-18  Mining strikes will have a large impact on South Africa’s future. It’s exposed a gap between elected union and political leaders on one side and the workers they represent on the other.

Counting costs of South Africa's mining strikes

2014-7-22  Mining strikes have hammered the South African economy more than has been acknowledged, says Luke Alers of Dreadnought Capital. By Luke Alers* Recent media coverage has indicated that the mining sector has lost over R24bn in revenue and a further R10.6bn in wages, but there is a broader impact of the GDP multiplier effect on the economy. Using input-output analysis (Leontief,

Impact of strikes on investors' confidence in the South

The impact of strikes in the South African mining industry has created a controversy, nationally and internationally by affecting investors’ confidence. Shares in the platinum mines were sold and were disinvested from South African platinum mines to offshore countries. The situation has tarnished the reputation of South Africa, which is known

South African Mining Mining Africa

2021-1-4  Platinum Mining in South Africa Platinum was discovered in South Africa in 1924. Geologist Hans Merensky followed up and found other deposits, each around 100 kilometers long. The area was named the Bushveld Igneous Complex. After securing 23 claims, the Merensky Reef was established. Since World War Two, platinum mining in South Africa has

Marikana massacre: the untold story of the strike

2015-5-20  The long read: In 2012 a strike at the Marikana mine in South Africa ended in the killing of 34 miners. Investigations have revealed one man emerged who tried to lead the men to a peaceful solution.