The five-week wildcat strike at South Africa’s Marikana mine, owned by London-registered corporation Lonmin, ended with an important victory for the miners, which increased wages by between 11 and 22 percent. However, the way that the dispute has stoked the...
Nat Rothschild has abruptly quit the board of a mining company he created, accusing his chairman of being “complicit” in the “oppression” of some shareholders. See...
A month ago, in the wake of the Marikana massacre, Mines and Communities commented on the failure of South Africa’s National Mineworkers’ Union, to reconcile with a rival union, the AMCU. Not only has such conciliation not taken place, but nearly 20% of...
The striking miners refused the industry’s latest pay rise offer despite an extended deadline to respond, dimming hopes the illegal strike in the industry will come to an end anytime soon. Companies affected include London-listed AngloGold Ashanti. See...
Anglo America’s Kumba Iron Ore announced on Monday that it had fired almost 300 workers in South Africa for participating in an illegal strike and commandeering millions in company equipment. According to a company statement the strikers have occupied the mine...
The London-listed company has temporarily shut down its controversial alumina refinery plant in the eastern State of India, because it has run out of bauxite. See http://www.mineweb.com/mineweb/view/mineweb/en/page72102?oid=160177&sn=Detail&pid=92730
