Platinum price crashes through $1,000 after German diesel ban

Numsa will openly recruit from NUM's membership, in direct violation of federation principles. Numsa tells opponents to 'go to hell.'

Collapsing gold prices, ageing mines, labour strikes and higher operating costs have together weighed down on the sector in the world's sixth largest producer of the metal.

Precious metals main reason behind record decline and outflows from commodity assets under management in 2013.

Cutifani said the firm has identified three "buckets" from which it plans to extract about $3.9 billion of extra earnings.

Without financing the company said it is uncertain that it will "remain an ongoing concern."

It took a FOIA.

Platinum sector workers will be happy with 208%, while gold miners seek a 150% wage increase. Industry is offering 0.6%.

Amplats' main union obtained permission for a legal strike two weeks ago, after exhausting mediation procedures.

The country’s gross domestic product expanded at an annualized rate of 0.7% in the period, down sharply from the 3.2% in the second quarter.