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Mining is an important sector in the South African economy. It had been reported that in 2012 it brought in 21bn, or % of GDP and 38% of all South African exports. An internal memorandum from Lonmin officials shows that in July the company knew it was paying its rock drill operators less than other companies. The decision then to engage ...
South Africa South Africa Diamonds, gold, and imperialist intervention (1870–1902): South Africa experienced a transformation between 1870, when the diamond rush to Kimberley began, and 1902, when the South African War ended. Midway between these dates, in 1886, the world''s largest goldfields were discovered on the Witwatersrand.
strike in South Africa''s platinum industry. The strike lasted .ve months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long
The Rand Rebellion was a widespread strike amongst miners in the Witwatersrand area of the Transvaal Province in the former Union of South Africa. 2007 strike. In 2007 the South African National Union of Mineworkers, which represents the nation''s mineworkers, engaged in a series of talks with the Chamber of Mines, an industry group. The ...
As South Africa''s biggest postapartheid mine strike marks its eighth week on Thursday, it is already denting growth and export earnings, and many of those affected are having to sell their most ...
The Marikana Massacre: A Historical Overview of the Labour Unrest in the Mining Sector in South Africa Chitja Twala University of the Free State, South Africa Introduction and Historical Background This article is aimed at explaining and interpreting the events, causes, and the aftermath of the
The recent spate of strikes in the mining sector in South Africa has created a perceived nervousness amongst shareholders. Within the mining sector in South Africa, gold mining is of significance historically and economically. This study aims to assess the impact of strikes on shareholder value in the gold mining industry
Miners'' Strike. South Africa 1922. Synopsis. In early 1922, white South African workers in the Witwatesrand gold mining region went on strike. The strike soon became a violent rebellion—sometimes known as the Rand Revolt—that pitted the white miners against the mine owners and the government.
Jul 10, 2018· The country experienced its highest increase in labour strikes in 2017‚ with the figure rising by 8%. This is according to the Industrial Action report .
Sep 24, 2014· Industry in order to run it the industry, it must have powers the mining sectors continues to be of major importance and it figures prominently in government economic policy. Gold is the main product after which bituminous coal is the most important in South Africa is the major producer and consumer of energy
Apr 02, 2014· South Africa''s Strike Data Revisited ... more nuanced assessment of the severity of strikes in South Africa. ... about trends since strikes in South Africa tend to be concentrated in the mining ...
Dec 05, 2007· South Africa''s crucial mining sector was hit Tuesday by its biggest strike in two decades, as tens of thousands of workers stayed home to protest poor safety conditions.
Sep 03, 2013· About 80,000 gold miners in South Africa walked out on strike on Tuesday night, raising fears of renewed violence in the crisishit industry and underlining the .
South Africa''s mining industry is shrinking. At its peak in 1980, mining accounted for a fifth of the country''s GDP; the number now stands at %.
Dec 07, 2007· National miners strike in South Africa By Barry Mason ... to the destruction of tens of thousands of jobs in the mining industry since the end of apartheid. ... World Socialist Web Site ...
South Africa is home to 80% of the world''s known platinum reserves, and produces about 70% of the world''s supply. Platinum prices have been flat since 2009 or so, due to weak demand for catalytic converters, the primary use of platinum in industry. Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a net loss.
South African gold mining industry due to their level of market capitalization. However, Trends in productivity in the South African gold mining industry by Neingo* and T. Tholana* /6(171 Mining companies globally are currently facing severe economic and financial challenges. In addition to global challenges, the South African
In Part II of a series on South Africa 2013: The Year of the Strikes, Advocate Ilene Power highlights six main reasons your employees will go on strike. If you''re an executive on a fat package, some of these risk factors will not be music to your ears – as, ultimately, your income is a major risk factor.
Swot analysis of the construction sector in South Africa. An allinclusive view on the strengths, weaknesses, opportunities and threats you can expect when venturing into the South African construction sector. Use this guide to help you gain a firmer grasp on what it will take to succeed in the construction business; in 2016 and beyond.
Mar 21, 2017· Several challenges have plagued the South African mining industry in particular over the past few years – a key driver of the country''s economy. Besides declining commodity prices, labour union rivalry escalated labour issues, resulting in one of the more prolonged and violent strikes in the country''s history.
May 28, 2014· Months of mining strikes in South Africa pushed its economy into contraction in the first quarter of this year, and with no resolution in sight, the outlook remains bleak. South Africa''s real ...
Sep 03, 2013· South Africa''s share of global gold production has fallen sharply over the years and in the runup to the strike, mining employers have given stark warnings of an industry on the path to ...
Why South Africa''s Mining Strikes Are Symptoms Of A Much Bigger Problem. ... To better the understand causes of the strikes and their political and socioeconomic ramifications, ...
Miners are challenging a system that is based on exploitation and inequality that persisted for the 150 years history of the mining industry in South Africa; an unequal and absurd model of sharing ...
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