Kumba iron ore limited
South Africa's Kumba Iron Ore, union reach wage deal
NUM, which is the majority union at all of Kumba’s operations, said workers would get an annual pay rise ranging between 7% to 10%.
The group says it plans to reconfigure its Sishen mine, the largest iron ore operation in Africa.
Iron ore producer Kumba rose 2.1 percent to R380 while Assore gained by the same margin to R368.59.
The JSE edged up nearly half a percent as investors bet on resources picking up again.
South African stocks slid more than 3 percent as global markets slump.
Glynnis Breytenbach says she wants to continue prosecuting without fear, favour or prejudice.
Suspended NPA prosecutor Glynnis Breytenbach is midway through her defence in her disciplinary hearing.
Kumba’s lawyer, Anthony Norton, is testifying in Glynnis Breytenbach's disciplinary hearing.
The contentious request by ICT was the focus of Glynnis Breytenbach's disciplinary hearing yesterday.
Kumba says only 50 percent of its miners have been reporting for work, affecting production.
Miners at Kumba's Sishen Mine will go back to work on Saturday after a two-day safety induction.
Kumba Iron Ore Sishen miners say order will not be restored until their demands are met.
Northern Cape police have managed to restore calm to Kumba mine, but the strike continues.
Striking Kumba miners destroyed windows of a nearby clinic after their colleagues were arrested.
Kumba miners are protesting outside a police station after their co-workers were arrested.
Kumba Iron Ore says it decided to fire the miners after they failed to pitch for a disciplinary hearing.
Striking Kumba Iron miners are protesting outside the mine, instead of attending a disciplinary hearing.
Kumba Iron Ore's Sishen mineworkers face a disciplinary hearing with employers.
The miners have seized mine equipment valued at around R3 billion.