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WAGE NEGOTIATIONS: AMCU leader blasts mining bosses with Bible verses

The Association of Mineworkers and Construction Union says it has not been able to reach a resolution with two major mining companies about wages, and has referred the matter to dispute resolution body the Commission for Conciliation, Mediation and Arbitration.

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SOUTH AFRICA: District Development Model: Ramaphosa launches service delivery action plan in Waterberg

  • Date: 26-11-19
  • Category: SOUTH AFRICA
  • Source: The South African

Ramaphosa revealed, during his SONA 2019 speech that if one thing was certain regarding South Africa’s service delivery issues, it’s the fact that there is a “lack of coherence in planning and implementation and [this] has made monitoring and oversight of government’s programme difficult”.

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PGM PRODUCERS: Implats to decide if it wants to develop Waterberg project

TSX- and NYSE-listed Platinum Group Metals (PTM) expects its Waterberg joint venture (JV) partners to approve the project’s definitive feasibility study (DFS) next month, while approval of a mining right is also pending.

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ZIMBABWE: Zimbabwe Miners Appeal to Minister Over Power-Supply Failure

  • Date: 26-11-19
  • Category: ZIMBABWE
  • Source: Bloomberg

Zimbabwe’s mining industry has appealed to the government for help, saying output is slumping as the state-owned power company fails to honor electricity-supply contracts.

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PLATINUM: Clear investment case for platinum – Northam

  • Date: 25-11-19
  • Category: PLATINUM
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – The current low price of platinum gives the metal a clear investment case, says Northam Platinum CEO Paul Dunne.

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PGM PRODUCERS: SA miners’ conundrum: palladium and rhodium output poser for platinum

Miners in SA face a conundrum: increasing palladium and rhodium output to take advantage of soaring price risks depressing the already fragile market for sister metal platinum.

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ACQUISITIONS: Louis Vuitton buys jeweller Tiffany for $16bn

The world's biggest luxury goods company is buying US-based jeweller Tiffany & Co for more than $16bn (£12.5bn).

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WAGE NEGOTIATIONS: Royal Bafokeng Platinum concludes five-year wage agreement

RBPlat is pleased to announce that it has concluded a further five-year wage agreement with its permanent employees,represented by the National Union of Mineworkers (NUM). This agreement, which has been achieved through a collaborative process exemplified by mutual respect between RBPlat and NUM, will provide RBPlat with five years of stability. The Company acknowledges with appreciation to the union the maturity with which these very difficult negotiations were conducted.

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