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Politics
Amplats
Amcu willing to put off strike for ‘peaceful’ wage negotiations, for now
The union held a briefing earlier on Tuesday and announced that the Commission for Conciliation, Mediation and Arbitration (CCMA) facilitated wage negotiations with Amplats and Sibanye-Stillwater.
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Sibanye-Stillwater remains stumbling block in wage talks, says Amcu's Mathunjwa
The Association of Mineworkers and Construction Union (Amcu) president Joseph Mathunjwa said on Tuesday the union and some employers in the platinum mining sector were headed for another round of mediation at the Commission for Conciliation, Mediation and Arbitration (CCMA).
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Amplats H1 earnings jump on higher PGM prices
The precious metals producer declared an interim dividend of R11 per share, compared with R3.74 during the same period a year ago.
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Amplats expects half-year earnings to double
Amplats will release its results on 22 July.
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Amplats settles strike at Mototolo mine
An illegal strike that led to the dismissal of over 600 employees at the Mototolo mine run by Anglo American Platinum (Amplats) has been resolved and the workers will be reinstated, the company said on Thursday.
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Amplats urges fired Giwusa miners to appeal their dismissals
Anglo American Platinum (Amplats) said it was left with no choice but to sack them after they violated a court interdict and refused to return to work.
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Amplats fires more than 600 underground workers at Mototolo mine
The precious metals producer says it dismissed 643 employees at Mototolo, which produced 57,700 ounces of platinum group metals in the first quarter of 2019, after its appeal to end the strike was ignored.
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Output at Amplats hit by Eskom power cuts
Eskom cut power across the country in February and March as low coal supplies, a severe cash crunch, and multiple failures at its ageing fleet of power stations throttled supply.
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South Africa's carbon tax could cost Amplats up to R300m - CEO
Chris Griffith was speaking at a platinum industry conference in Johannesburg.
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Amplats sees up to 2-fold jump in FY profit
The South African company said its headline earnings were likely to jump by between 83% and 103%, or 2,715 cents and 3,010 cents per share.
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Amplats reports jump in H1 earnings, buys Glencore's stake in Mototolo platinum
The company, a unit of Anglo American unit, reported headline earnings per share of 1,282 cents, in line with its guidance.
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Amplats CEO seeks friendlier Zimbabwe mining laws to lift investment
The country is pinning hopes on a recovery in its mining industry after a coup that pushed out veteran leader Robert Mugabe.
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Amplats reaches deal with SA tribal leader in community fund row
The changes relate to the Mapela Trust, which was set up to fund development projects in communities around Amplats’ Mogalakwena operation, the world’s largest open-pit platinum mine.
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Northam wins approval for R1bn Amplats deal
The rights relate to resources at Amandelbult near Northam’s Zondereinde mine and hold an estimated 16.7 million ounces of platinum.
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Mine workers with pension money belonging to BBF left penniless
The Bophelo Beneficiary Fund is alleged to have incurred a loss of R255 million worth of mine workers’ money.
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Battle for jobs not over, says Amcu president
Workers at Lonmin, Anglo American Platinum & Impala Platinum will receive an annual wage increase of R1,000 for the next 3 years.
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AMCU union to sign wage deals with platinum trio
Amplats and AMCU agreed to pay hikes of between 7 percent and 12.5 percent annually over the next three years.
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Amplats bid to buy peace around prized SA mine may backfire
Residents are displeased with Amplats’ community trust, saying they were not consulted.
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#RandReport: Rand gains, Anglo, Sibanye shine on deal
The rand traded at 13,669 to the dollar by 1409 GMT, a 0,39 percent gain over Tuesday’s close.
