Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
JOHANNESBURG, Dec 22 (Reuters) – Workers at Pan African Resource’s Barberton gold mine in South Africa have ended a wildcat strike that started on Sunday, an industry source said on Friday.
About 1,800 mine workers downed tools in the strike over allowances and the dismissal of two union leaders. Those issues have not been resolved but the workers agreed to return to work while their grievances are reviewed, the source with direct knowledge of the matter said.
The company could not immediately be reached for comment.
(Reporting by Ed Stoddard; Editing by James Macharia)
