MINING.COM

Platinum giants bolster positions before wage talks begin

While the producers will be conscious that AMCU led the country’s longest ever platinum mining strike in 2014, none can meet its demand for a pay increase of as much as 48% without undermining their businesses.

Bloomberg News | July 8, 2019 | 10:19 am

Why gold is money: a periodic perspective

Gold possesses elemental properties that has made it an ideal metal for money throughout history.

Visual Capitalist | July 4, 2019 | 2:49 pm

South African platinum mine wage talks to start next week

The AMCU plans to meet Anglo American Platinum on July 9, followed by Impala Platinum on July 10 and Sibanye Gold the day after that.

Bloomberg News | July 2, 2019 | 9:35 am

Platinum giants resist pay demands after hitting price jackpot

The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal.

Bloomberg News | June 27, 2019 | 9:46 am

Northam Platinum expects Kukama shaft to be operational in FY 2020

The Eland mine had been placed on care and maintenance in 2015 due to a price fall and difficult operating conditions.

Reuters | June 26, 2019 | 9:10 am

Sibanye-Stillwater to sell majority stake in Canadian PGM-copper project

Local exploration and development junior, Generation Mining, will earn a 51% in the Marathon project, in northern Ontario.

Cecilia Jamasmie | June 26, 2019 | 3:55 am

Palladium takes (some) shine off gold price rally

If you'd put your money in palladium at the start of the year you're enjoying gains of 32% – gold's only now broken double digits.

Frik Els | June 25, 2019 | 4:24 pm

South African AMCU union seeks $1,145 monthly basic wage in pay talks

The world's top platinum miners are bracing for a fresh round of negotiations with South African workers as a rise in profits is likely to provoke higher wage demands from labour unions.

Reuters | June 14, 2019 | 1:25 pm

World’s top platinum miners brace for ‘substantial’ wage demands

“Companies are performing well and we are confident they can accommodate our demands”

Bloomberg News | June 13, 2019 | 9:37 am

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