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MARIKANA, South Africa (Reuters) - South African workers at the world's No. 3 platinum producer Lonmin launched a wildcat strike on Tuesday, halting all mine operations and sparking fears of a return to the violence that rocked the industry last year.As dusk fell, a strike leader told thousands of workers gathered at a stadium near Lonmin's Marikana mine to return home and continue the strike on Wednesday. Workers told a Reuters reporter no one would show up for the night shift.Activists also said they would go to shafts the next day to threaten those who showed up for work, using the Zulu word for "rat" to describe them. This follows a pattern of intimidation that has accompanied illegal strikes in South Africa.The platinum belt towns of Rustenburg and Marikana, which saw violent strikes at Lonmin and other producers last year, are a flashpoint of labor strife, with tensions running high over looming job cuts and wage talks.Aggravating the situation is a turf war between the Associati...
French power and transport engineering company Alstom SA (ALO.FR) Wednesday secured a $5.8 billion contract to refurbish South Africa's passenger rail company with a...
Striking miners at AngloGold Ashanti will return to work on Sunday at two mines where operations were suspended this week in a dispute over bonus payments, the world...
AngloGold Ashanti suspended operations at one of its South African mines on Friday, a sign that labor tensions continue to bubble in the sector despite the official ...
Workers have reached a deal with Anglo American Platinum to reinstate 12,000 miners sacked for an illegal strike, which could end the last big industrial action that...
Striking workers have reached a deal with platinum giant Anglo American Platinum (Amplats) to reinstate 12,000 miners sacked for an illegal strike, which could end t...
CAPE TOWN, South Africa--Bruised by weak global growth and battered by domestic labor turmoil, South Africa's economy will expand just 2.5% this year, Finance Minist...
IKANINI, South Africa (Reuters) - The rules of the game in South Africa's labour market have changed and the new players are workers such as Tshepo Modise and Thulan...
Anglo American Platinum Ltd. (AMS.JO), the world's largest platinum producer, dismissed half of its employees at its Rustenburg mines Friday due to an ongoing unauth...
South Africa's rand sank this week to within sight of three-year lows against the dollar as a wave of strikes spread beyond the mining sector, threatening the bigges...
Shares of the ETFS Physical Platinum Shares (NYSE:PPLT), the largest ETF backed by physical holdings of the precious metal, are down 2.5 percent today on news that s...
Gold One International Ltd. (GDO.AU) said four protesters were treated at a hospital for injuries Monday after its security guards fired rubber bullets and police fi...
The violent strike at Lonmin PLC's (LMI.LN) platinum mine in South Africa is a warning for the mining sector as a whole, the country's minister of mineral resources ...
DURBAN, South Africa (Reuters) - At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations - Brazil, Russia, India, China and South Africa -...
The BRICS club of emerging markets on Wednesday said they will pool $100 billion of central bank reserves to guard against future economic crises in a bid to bolster...
South Africa's finance minister Wednesday reaffirmed plans to build new infrastructure and find work for disenfranchised youths, even as he acknowledged that a weak ...
Former anti-apartheid activist Mamphela Ramphele launched a new political platform Monday to fight endemic corruption and growing inequality with a view of forming a...
Anglo American Platinum (Amplats) warned on Monday of growing labor unrest as the world's largest producer of the precious metal cuts back operations in an attempt t...
Anglo American Platinum Ltd has had "constructive" consultations with the South African government about a company restructuring that could lead to 14,000 job cuts, ...
Harmony Gold Mining Co. (HAR.JO) said Thursday that it has closed it Kusasalethu mine in South Africa a day earlier than planned for the festive holiday season after...
