Mining Strike In South Africa

Diamond and gold discoveries played an important part in the growth of the early South African economy. A site northeast of Cape Town was discovered to have rich deposits of diamonds, and thousands of white and blacks rushed to the area of Kimberley in an attempt to profit from the discovery. The British later annexed the region of Griqualand West, an area which included the diamond fields. In 1868, the republic attempted to annex areas near newly discovered diamond fields, drawing protests from the nearby Briti…

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. Additionally, labour costs in the mining sector account for 45% to 50% of total cost, while the global average was 30 to 40% of total cost, with employee efficiency 10 times higher.

South Africa is home to 80% of the world's known platinum reserves, and produces about 70% of the world's supply. Platinum prices have been flat since 2009 or so, due to weak demand for catalytic converters, the primary use of platinum in industry. Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a net loss. The market is controlled primarily by three companies - Anglo American Platinum (Amplats), Impala Plati…

28-02-2019· The world’s biggest platinum miners won a reprieve after a South African court reserved judgment on whether to block a week-long industry strike that was scheduled to start Thursday night.

22-02-2019· 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 …

In South Africa, victims of the bloody tragedy at Marikana, in which 34 protesters were killed and at least 70 injured by members of the South African Police Service (SAPS) during a mining strike in August 2012, are still awaiting justice almost eight years on.

30,000 South African coal miners poised to strike Andrew Topf | October 4, 2015 | 2:05 pm Energy Africa Coal The fate of the South African mining industry is once again in the hands of striking ...

30-08-2013· The National Union of Mineworkers, which represents about 64 percent of gold miners in South Africa, will start a strike over pay from Sept. 3, the Chamber of Mines said.

12-06-2020· Topics – Listing of articles related to a specific topic or theme, branded with company logo, profile, contact details and adverting providing companies with a more visible channel on Mining Weekly.

South Africa gold miners on strike at Anglo - BBC News. Workers at a South African gold mine owned by AngloGold Ashanti begin a wildcat strike - the latest labour unrest in the country's vital mining …

08-09-2020· Illegal mining in South Africa is among the most lucrative on the continent, pushing miners to risk health and safety in mostly abandoned shafts. But the chance to strike it …

In South Africa, victims of the bloody tragedy at Marikana, in which 34 protesters were killed and at least 70 injured by members of the South African Police Service (SAPS) during a mining strike in August 2012, are still awaiting justice almost eight years on.

30-08-2013· The National Union of Mineworkers, which represents about 64 percent of gold miners in South Africa, will start a strike over pay from Sept. 3, the Chamber of Mines said.

30,000 South African coal miners poised to strike Andrew Topf | October 4, 2015 | 2:05 pm Energy Africa Coal The fate of the South African mining industry is once again in the hands of striking ...

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 wages and job cuts, Minerals ...

Miners' Strike. South Africa 1922. Synopsis. In early 1922, white South African workers in the Witwatesrand gold mining region went on strike. The strike soon became a violent rebellion—sometimes known as the Rand Revolt—that pitted the white miners against the mine owners and the government.

South African Airways' future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job cuts, forcing the struggling state-owned carrier ...

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 beneficiated products.

the strike to disappear. We conduct our analysis using a dynamic CGE model of South Africa. JEL codes: C68, J52 Keywords: Platinum mining strike, computable general equilibrium, UPGEM 1 Introduction The labour strike in South Africa’s platinum sector that started on 23 January 2014 became the country’s largest and most expensive in history ...

08-09-2020· Illegal mining in South Africa is among the most lucrative on the continent, pushing miners to risk health and safety in mostly abandoned shafts. But the chance to strike it …

Miners' Strike: South Africa 1922 Encyclopedia. Miners' Strike. South Africa 1922. Synopsis. In early 1922, white South African workers in the Witwatesrand gold mining region went on strike. The strike soon became a violent rebellion—sometimes known as the Rand Revolt—that pitted the white miners against the mine owners and the government ...

2014 South African platinum strike - Wikipedia. 2014 South African platinum strike. Jump to navigation Jump to search. On 15 November 2014 workers at Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a …

Amplats subsequently got an interim court interdict against the proposed strike, but the GIWUSA members still downed tools on Sunday 12 May in what was effectively a wildcat strike. Under South ...

22-02-2019· South Africa is home to the world's biggest platinum group metals deposits and accounts for just over 90 percent of global production. The mining firms were considering the notices and vowed to "everything in their power" to prevent a strike, including legal action, the council said in the statement.

South african mining strike . South african gold mineworkers strike exart. south africa miners need price swings just to stay afloat.but when workers strike, they do so at greater time-cost to firms and gross value-added cost to the economy.cost inflation and gold and platinum weakness meant that south africas mining industry was loss-making in 2018.labour is the biggest cost driver in the south.

28-05-2014· Months of mining strikes in South Africa sent its economy into contraction in the first quarter, and with no end in sight, the outlook remains bleak.

South African Airways' future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job cuts, forcing the struggling state-owned carrier ...

MARIKANA, South Africa — The world’s frenetic, slick commodities exchanges have little in common with the dusty hilltop outside South Africa’s Lonmin platinum mine, where police shot dead 34 ...

In what seems like an annual event, platinum mining companies in South Africa are bracing for what could be another year of labour unrest. The firms that mine the precious metal and the labour ...