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Platinum Strike Ends, Wage Agreements Signed

The five-month long strike, which brought the South African platinum industry to its knees, has ended. Employees are expected to resume work on June 25. The long-awaited wage agreements between platinum producers Anglo American Platinum (Amplats), Lonmin, and Impala Platinum (Implats) and the Association of Mineworkers and Construction Union (Amcu) have been signed. 280 more words

Industry Live

SA Platinum Miners’ Strike Ends after 5 Months

South Africa’s AMCU union declared a five-month platinum strike “officially over” on Monday as thousands of miners roared their approval when leader Joseph Mathunjwa asked if they wanted to end the longest work stoppage in the country’s history, … 133 more words

Industry Live

“No good story to tell” for platinum miners

About 70 000 platinum miners, typically broke, after the December holidays return to work and immediately embark on a strike that is now in its 13th week. 435 more words

Frankly Speaking

Budget Deficit, The Rand and Amplats

Budget Deficit Estimate Unchanged

Pravin Gordhan on Tuesday kept his budget deficit estimate for the 2013/14 fiscal year ended March 31 at 4% of gross domestic product, unchanged from his February projection. 325 more words

Money