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The rand was trading at R10,7930 per dollar, 0,2 percent weaker than its New York close. Picture: EWN.

Mine strikes

Strikes, stronger dollar add pressure to rand

By Eyewitness News

The rand was trading at R10,7930 per dollar, 0,2 percent weaker than its New York close.

  • FILE. While it won’t say which, Sibanye Gold has publicly expressed interest in acquiring platinum mines. Picture: AFP

    Sibanye Gold looks to acquire platinum mines

    While it won’t say which, Sibanye Gold has publicly expressed interest in acquiring platinum mines.

    2895 days ago
  • Hundreds of striking Amcu miners wait patiently as the sun sets to hear what the latest offer is from platinum producers on 12 June 2014. Picture: Reinart Torrien/EWN.

    Implats: Wage talks with Amcu continue

    Impala Platinum says platinum producers and Amcu are still trying to resolve outstanding issues.

    2900 days ago
  • FILE. President Jacob Zuma will deliver his State of the Nation Address (Sona) on Tuesday 17 June. Picture: Sapa

    Cosatu: Zuma's Sona must tackle mining issues

    Cosatu wants Zuma to commit to tackling issues in the mining industry when he delivers the Sona.

    2901 days ago
  • Thousands of Amcu mineworkers marched to Lonmin’s headquarters in Melrose Arch, Johannesburg, as they entered the 10th week of their strike for higher wages. 3 April 2014. Picture: Govan Whittles/EWN.

    SACP slams Amcu for platinum strike

    The SACP says Amcu’s prolonged wage strike will have disastrous consequences.

    2914 days ago
  • FILE: Recent figures show the economy experienced its first contraction since 2009, suffering a drop of 0.6 percent. Picture: Sebabatso Mosamo/EWN

    Concern over SA's shrinking economy

    Figures show the economy experienced its first contraction since 2009, dropping 0.6%.

    2920 days ago
  • FILE: "Platinum Mineworkers report for work at a Lonmin shaft in Marikana on 15 May 2014. Vumani Mkhize/EWN

    Platinum strike: relief foundations help 10,000

    Amcu members have been on strike for 17 weeks, demanding a basic salary of R12,500 per month.

    2922 days ago
  • Business Day reported Griffith, his 11 executives and top management had all been awarded R25,3 million in a bonus-share scheme that would pay out in three years as part of a skills-retention scheme. Picture: AFP.

    Amplats CEO apologises

    Chris Griffith has apologised for comments he made in a daily newspaper earlier this week.

    2930 days ago
  • FILE: Thousands of Amcu mineworkers marched to Lonmin’s headquarters in Melrose Arch, Johannesburg, as they entered the 10th week of their strike for higher wages. 3 April 2014. Picture: Govan Whittles/EWN.

    Stocks rise as strike talks boost miners

    Producers such as Implats, Amplats and Lonmin all gained around one percent in the day’s trading.

    2955 days ago
  • ‘Mr X’ is expected to reveal more details about an apparent ‘muti ritual’ before the shooting.

    Marikana: ‘Mr X’ to testify in camera

    The witness is set to reveal more details about an apparent ‘muti ritual’ before the shooting.

    2962 days ago
  • It seems the industry has reached a dead end, with mine bosses suing the union and workers refusing to budge. Picture: Vumani Mkhize/EWN.

    Platinum strike: Negotiations continue

    The industry has reached a dead end, with mine bosses suing the union and workers refusing to budge.

    3006 days ago
  • Amcu President Joseph Mathunjwa. Picture: Giovanna Gerbi/EWN

    Amcu won't budge on wage demands

    The Amcu president says bosses are not aware of the financial plight of their workers.

    3030 days ago
  • FILE: A picture taken on October 6, 2012 shows workers standing outside the Anglo American Platinum mine in Rustenburg. Picture: AFP.

    Amcu: 7 injured in clash with police

    Police used rubber bullets and stun grenades to disperse striking Amplats workers.

    3032 days ago
  • FILE: Police presence has been increased at the Anglo Platinum Rustenburg mines as miners prepare to go on strike. Govan Whittles/EWN.

    Platinum sector losing R400m a day

    As the Amcu strike enters its third week, the sector is losing close to R400m a day.

    3032 days ago
  • Anglo American Platinum SA CEO Chris Griffith in the Talk Radio 702 studio, 3 February 2014. Picture: Craig Wynn/EWN.

    Amplats 'not on the back foot'

    Anglo American Platinum's CEO is confident positive results will continue despite ongoing strikes.

    3033 days ago
  • Mineral Resources Minister Susan Shabangu. Picture: Regan Thaw/EWN

    'African exploration prospects high'

    Minister Susan Shabangu says Africa's mineral development potential is unparalleled.

    3033 days ago
  • The mining industry in South Africa is beset by labour unrest, low production figures and soaring operating costs.

    Challenging time for mining sector

    Delegates from more than 100 nations are meeting at the Mining Indaba in Cape Town.

    3033 days ago
  • An Amplats mine in Rustenburg. Picture: AFP.

    Profits for Amplats, but outlook bleak

    Fresh labour unrest across the platinum belt is threatening its earnings recovery.

    3033 days ago
  • An accounting firm says mistrust between mine bosses, govt and unions is hampering growth in the industry. Picture: AFP

    Mining Indaba: Investors jittery

    An accounting firm says mistrust between mine bosses, govt and unions is hampering industry growth.

    3033 days ago
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