JiaYa Logo

You are here:Home > Product >  role of the platinum companies on the platinum strike

role of the platinum companies on the platinum strike

Products

  • Impala PlatinumWikipedia

    Impala Platinum Holdings Limited or Implats is a South African holding company that owns several companies which operate mines that produce platinum and platinum group metals, as well as nickel, copper and cobalt.Its most significant mine is the Impala mine in the North West province of South Africa. The company also owns or has interest in the Two Rivers mine and the Marula mine in the South

    Inquire Now
  • Platinum Strike: What You Need To Know, As South African

    South African platinum miners for the worlds top three platinum producers started an indefinite strike on Thursday, threatening production at companies that mine half of the worlds platinum.

    Inquire Now
  • The platinum companies and the AMCU get back round the

    The platinum companies and the AMCU get back round the table as the strike continues . by FSP Invest, 04 February 2014 . The three top platinum producers and the Association of Mineworkers and Construction Union resumed talks today as the platinum strike continues. It is nearly two weeks since the strike action began.

    Inquire Now
  • The impact of violence and intimidation on strike actions

    The impact of violence and intimidation on strike actions and their effect on union membership in the Platinum Mining Industry. Lusanda Khanyiso Sam . 98116755 . A Submission to the Gordon Institute of Business Science, University of Pretoria, in partial fulfilment of the requirements for the degree of Master of Business Administration

    Inquire Now
  • Platinum Strike Over In South Africa, But Recovery Will

    After more than 70,000 platinum workers walked off the job 152 days ago, companies Lonmin PLC LON:LMI, Anglo American Platinum Ltd. JSE:AMS and Impala Platinum

    Inquire Now
  • South African Platinum Companies, Union Reach Initial Pact

    JOHANNESBURGSouth Africa's platinum producers and the Association of Mineworkers and Construction Union have agreed "in principle" to a wage offer to end a 21week strike

    Inquire Now
  • The mining industry strike wave: what are the causes and

    xmlns=" viewBox="0 0 16 16" enablebackground="new 0 0 16 16" width="16" height="40">Background and PurposeInquire Now
  • The 9 Biggest Rhodium Producers 2014

    Nov 20, 2019· Northam Platinum is another South African PGM producer with its operations focused o n the Bushveld Complex. Rhodium production at Northam was not as severely impacted by the 2014 strike as a result of most of the company's workers not being affiliated with the striking unions.

    Inquire Now
  • Amcu head Joseph Mathunjwas role could hinge on how

    Mathunjwa has just come out of a bruising fivemonth strike at SibanyeStillwaters gold division and is heading into platinum industry wage talks with a demand for a 48% increase of basic

    Inquire Now
  • Platinum future: Provide dignity, prevent strikes

    The platinum strikes may seem a distant memory to those not working in the industry. While the companies figure out how theyre going to cover the losses and the high increases, work is underway

    Inquire Now
  • Scandals and strikes: an uncertain future for platinum in

    Jan 12, 2016· Mining company Anglo American is making an effort to get rid of underperforming parts of its platinum operations, to reduce risk and focus on more profitable areas. There are three major platinum mining companies in South Africa: Anglo American, Lonmin plc and Impala Platinum, and they have all fallen on hard times because of strikes, low

    Inquire Now
  • The 10 Biggest Gold Mining StocksThe Motley Fool

    Nevertheless, with the company turning around its gold operations at the same time that it puts big bets on platinum group metals, SibanyeStillwater is an interesting pick for gold investors

    Inquire Now
  • SPECIAL REPORT: Platinum strikean industry teetering on

    PLATINUM companies face difficult choices as they balance wage increases increasing workers salaries to end a nearly fivemonth wage strike against their need to invest in their mines to ensure

    Inquire Now
  • Study Finds South African Platinum Companies Can Afford

    Jun 09, 2014· The platinum producers say they may be able to reach that figure over the period as long as it was the total cost to the company and included housing and benefits.

    Inquire Now
  • Platinum Companies to Meet With Union to End Pay Strike

    May 20, 2014· The worlds three biggest platinummining companies and the main union at their South African operations will today start mediation to try end a pay strike thats crippled output of the metal

    Inquire Now
  • 2014 South African platinum strikeWikipedia

    The platinum companies called the demand unrealistic and for most of the strike refused to go beyond a 10% wage increase. One estimate suggested platinum would have to hit $2,405 an ounce for the industry to break even if the workers demands were met; platinum sold for roughly $1,430 an ounce when the strike started.

    Inquire Now
  • Platinum priceSpot contract, Chart, Historical, Today

    Because platinum futures are thinly traded compared to other metals, platinum is susceptible to market rigging schemes by smaller players. And since automakers are the biggest buyers of platinum, a decision by a single car company to either load up on platinum or unload some of its positions could have an outsized market impact.

    Inquire Now
  • Top 10 Largest Platinum Mining Companies in the World 2018

    Global platinum production has been dominated by the top 10 largest platinum mining companies in the world for last several decades. Although the demand and consumption of platinum remain high all over the world, the production of platinum is highly concentrated, with the top five largest platinum mining companies representing over 70% of the worlds total platinum output.

    Inquire Now
  • StrikeHit Platinum Companies Increase Pay OfferBloomberg

    Apr 17, 2014· The strike has shut some of the biggest mines in South Africa, which accounts for more than twothirds of the worlds mined platinum, used for jewelery and as autocatalysts in vehicles.

    Inquire Now
  • Deluxe Acquired by Platinum EquityHollywood Reporter

    Deluxesans creative companies such as Company 3 and EFILMhas been acquired by Platinum Equity. Former CEO Cyril Drabinsky Returns to the company as CEO.

    Inquire Now
  • Stricken platinum workers seek strike end, say producers

    Mar 26, 2014· Workers striking at the South African operations of the world's largest platinum producers want to report for duty almost nine weeks after the biggest union called a stoppage over wages, the

    Inquire Now
  • UPDATED: AMCU Issues 7Day Strike Notices to Gold

    The Association of Mineworkers and Construction Union AMCU has issued sevenday strike notices to several gold and platinum companies in protest against SibanyeStillwaters plans to cut up to 6,700 jobs in its struggling gold sector. Harmony Gold, Anglo American Platinum and Lonmin all confirmed on Thursday that they had received notices and Sibanye CEO Neal []

    Inquire Now
  • Mining Strike Impacts South African EconomyVoice of

    Mar 20, 2014· The companies have lost revenues of 9.2 billion rand $850 million and counting,Even operations not on strike, such as Aquarius Platinum's ,

    Inquire Now
  • How the Platinum Rule Trumps the Golden Rule Every Time

    Mar 17, 2016· So Kerpen came up with the Platinum Rule: Do unto others as they would want done to them.Says Kerpen, "The Golden Rule, as great as it is, has

    Inquire Now
  • 2014 South African platinum strike: longest wage strike in

    The strike took around 440 000 ounces of platinum out of production. The three companies, Impala Platinum, Amplats and Lonmin suffered a total revenue loss of about R24.1billion during the strike and a further loss of R10.6 billion in wages. The five month long strike affected both the workers and the mining companies.

    Inquire Now
  • 'End of South Africa's platinum mine strike signals end of

    Jun 25, 2014· Platinum mineworkers returning to work in Marikana this morning after the resolution of a fivemonth strike. Photograph: Denis Farrell/AP Photograph: Denis Farrell/AP S t

    Inquire Now
  • Platinum strike: Wages, politics and the ANC's false bo

    Jun 11, 2014· The platinum strike, however, is not just about wages. This is the first real revolt against the structure of the South African economy and it is from a force the ruling party has no control over.

    Inquire Now
  • ANC: Is the platinum belt strike political?The Mail

    Jun 08, 2014· The ANC has questioned if the country's platinum belt strike is a political strike, while the SACP says the unrest affects the Eastern Cape worst.

    Inquire Now
  • Platinum sector strikeEWN

    Platinum companies are still reeling from the effects of a record fivemonth strike in 2014 led by Amcu. Keep readingSA platinum town, economy still hurting from strike

    Inquire Now
  • Best Platinum ETFs for Q4 2020Investopedia

    Aug 10, 2020· To gain exposure to the metal, investors may purchase platinum bars or coins, platinum futures contracts, or shares of platinum mining companies. Another option is a platinum

    Inquire Now
  • Platinum Investing News You Can TrustINN

    Platinum is widely used in a variety of sectors, and some market watchers believe it is a compelling investment and a cheaper alternative to gold.

    Inquire Now
  • Platinum belt strike timelineIOL

    Jun 23, 2014· JohannesburgBelow is a timeline of strikerelated events in the platinum belt, where the Association of Mineworkers and Construction Union Amcu have been on a fivemonth wagerelated strike.

    Inquire Now
  • South Africa platinum strike 'over'BBC News

    Jun 23, 2014· The stoppage has affected 45% of the global supply of platinum and played a part in the contraction of South Africa's economy in the first quarter. So far the mining companies involved, Anglo

    Inquire Now
  • The World's Three Largest Platinum Mines Are Going On Strike

    Top three companies AngloAmerican Platinum Amplats, Impala Platinum Implats and Lonmin confirmed that the strike had begun at their operations in the platinum belt, northwest of Johannesburg.

    Inquire Now
  • Association of Mineworkers and Construction UnionWikipedia

    Competition with NUM over bargaining rights, especially at the Impala Platinum and Lonmin mines in the Rustenburg area culminated in the violent Marikana miners' strike and what became known as the Marikana Massacre, in which police shot and killed over 30 strikers.. The AMCU now represents over 70% of Lonmin employees, compared to the 20% representation of the NUM.

    Inquire Now
  • Platinum Wage NegotiationsAMCU

    We have ensured that we convene regular meetings, conferences and congresses. AMCU became involved in Platinum wages after the Marikana Massacre in 2012, and more specifically in 2013 and 2014 with the Five Month Platinum Strike. Back in 2012, the lowest earning worker at Platinum was earning around R4000 per month.

    Inquire Now
  • Platinum firms feeling strike heat

    Mar 09, 2014· During the wage talks and strike, the platinum companies took a page out of their gold mining peers book and maintained a strong show of unity. But as the strike drags on, this united front is growing increasingly fragile, something reflected in the wildly different performances of their shares during the strike.

    Inquire Now
  • SAs platinum industry unlikely to meet demand for supply

    As a result of low prices and the increased cost base, platinum companies have been struggling with low margins. A number of companies had no option but to reconsider marginal mines which has resulted in closures or early retirements of shafts. In addition, mining and development projects were put on care and maintenance.

    Inquire Now