InfoAnda - South Africa union agrees gold mine pay deal as most strikers return |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

New Michael Jackson single hits the airwaves | Entertainment | | 12 October 2009
France says no plan to allow Guantanamo inmate to return | 11 September 2010
FBI probes China's ZTE over Iran tech deals: report | | 13 July 2012

Taiwan insists submarines, jets still on arms agenda | 10 February 2010

Forum Views () Forum Replies ()

Read more with google mobile : South Africa union agrees gold mine pay deal as most strikers return |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Reihan Salam Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Download our Wider Image iPad app Images of September Follow Reuters Facebook Twitter RSS YouTube Read Colin Powell endorses Obama for second term 11:31am EDT French Muslims demand group ban after mosque attack 22 Oct 2012 Analysis: Americans to face tougher 2013 on rising prices, taxes 7:25am EDT White House told of militant claim two hours after Libya attack: emails 23 Oct 2012 UPDATE 4-U.S. sues Bank of America over 'Hustle' mortgage fraud 24 Oct 2012 Discussed 530 White House told of militant claim two hours after Libya attack: emails 152 After final debate, Obama says election comes down to trust 119 Obama talks Libya and Biden’s swimsuit on ”Daily Show” Sponsored Links South Africa union agrees gold mine pay deal as most strikers return Tweet Share this Email Print Factbox South African firms hit by labor strife 11:20am EDT Analysis & Opinion Africa: the next economic tiger? A happy future for the “doomed continent”? Related Topics World » An AngloGold Ashanti security vehicle keeps watch behind striking miners as the workers gather at the AngloGold Ashanti mine in Carletonville, northwest of Johannesburg October 25, 2012. Credit: Reuters/Siphiwe Sibeko By Sherilee Lakmidas JOHANNESBURG | Thu Oct 25, 2012 11:20am EDT JOHANNESBURG (Reuters) - South Africa's gold mines agreed a wage deal with unions on Thursday as the bulk of the gold sector's striking miners returned to work under threat of dismissal. The returns marked success of a sort for a new tough approach by mining firms, but at least 12,000 gold and 20,000 platinum miners were still pursuing a wave of unofficial strikes that have cost Africa's largest economy over 10 billion rand ($1.14 billion) this year, according to the National Treasury. About 100,000 workers in all have downed tools across South Africa since August in a wave of violent strikes that have triggered downgrades of South Africa's credit ratings, and awkward questions for President Jacob Zuma and the ruling ANC. After three weeks of negotiations, the National Union of Mineworkers (NUM) and the gold industry, which employs around 157,000, announced agreement on wage increases of between 1.5 and 10.8 percent for different categories of mine workers. Harmony Gold, South Africa's third-largest producer, said most of the 5,400 strikers at its Kusasalethu mine were now back at work. Strikes at Gold Fields' three mines are also now over. "Stability in the gold mining industry has been achieved at many of the operations and there are hopes that this trend will continue," said Chamber of Mines executive Elize Strydom. But AngloGold Ashanti, South Africa's biggest producer, said on Wednesday it had sacked around half of its 24,000-strong local workforce who had ignored an ultimatum to return to work or be fired. PLATINUM STRIKES And a six-week strike at Anglo American Platinum (Amplats), the world's top producer of the metal, is no closer to ending, with 20,500 workers at its Union and Amandelbult operations still holding out for higher wages. Amplats has also sacked 12,000 wildcat strikers at its Rustenburg mines. Zuma has come in for particular criticism for not responding faster to the August 16 police killing of 34 strikers at Lonmin's Marikana platinum mine, the bloodiest security incident since the end of white-minority rule in 1994. Reluctant to take a hard line in the weeks after the "Marikana massacre", Amplats and then gold firms led by Gold Fields have since got increasingly tough with the strikers, issuing threats of mass sackings. Finance Minister Pravin Gordhan cut South Africa's GDP forecast for the year to 2.5 percent from 2.7 percent and said it would take the government some time to determine the full impact of the mining strife on growth. "Declining mining output and the spread of strike activity has depressed activity in related industries including manufacturing, logistics and services, with negative consequences for GDP," the Treasury said in its interim budget policy statement. In the year to August, mining output fell by 3.3 percent, with production of platinum group metals 15.3 percent lower, although strong iron ore demand from China helped offset some of the decline in the platinum, gold and coal sectors, it added. Amplats on Thursday cut its full-year production target and capital expenditure plans after revealing that the walkouts had sliced 138,000 ounces off output, $217 million at today's price. (Editing by Kevin Liffey) World Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 25 October 2012
Syria government indicates accepts holiday truce: Russia |
Syria may exploit instability in Lebanon: Clinton |
Mali war plan to be ready within weeks: AU |
Ecuador fears for Assange's health, seeks UK safe passage |
Berlusconi confirms will not run in 2013 Italy election |
Crew of Argentine ship seized in Ghana fly home |
Apple's stock chart loses some sheen before results |
Symantec beats Street view as new CEO begins turnaround |
Zynga's revenue rises, beats Street; shares climb |
Chipmaker LSI's revenue forecast below estimates |
Tom Cruise files $50 million lawsuit over claims he abandoned Suri |
Jason Aldean takes Billboard No. 1, Swift's Red storming |
Rare James Bond posters hitting auction block in LA |
Ghost Exchange film questions runaway stock market technology |
Liz Taylor tops list of highest earning dead celebrities |
Fighting erupts near Damascus ahead of truce deadline |
Egypt brokers informal Israel/Gaza truce: Israeli official |
Insight: Hungary's far-right party gains as it targets Roma |
North Korea new leader still a mystery after nearly a year: Pentagon |
After decades behind bamboo curtain, Laos to join WTO |
Disabled South Koreans protest inhumane benefits system |
African Union reinstates Mali ahead of military action |
Syria government indicates accepts holiday truce: Russia |
Apple's Mac flies in under the radar |
Sprint unveils new data plans for 4G LTE tablets |
Tech focus now on Microsoft Windows 8, Surface tablet |
TSMC sees six months of weaker sales after record Q3 profit |
U.S. ITC judge says Samsung infringed Apple patents |
Obama tackles rape comments, fiscal cliff on TV talk show |
Ex-Britney Spears confidante sobs over death threats |
Fighting rages in Syria before Brahimi's truce |
Libyan suspect in U.S. envoy attack killed in Cairo |
WikiLeaks says releases hacked U.S. detainee rules |
Insight: Bomb blast brings Lebanon's party capital to juddering halt |
Man in Afghan uniform kills two U.S. servicemen: NATO |
Lawyer for China's deposed Bo unsure if he can take case |
Tymoshenko urges Ukrainians to reject Yanukovich at election |
South Africa union agrees gold mine pay deal as most strikers return |
UK Savile police staggered at extent of inquiry |
Georgian tycoon Ivanishvili confirmed as prime minister |
Microsoft set to unveil Windows 8, Surface tablet |
Windows 8 recasts PC industry: CEO Ballmer |
Exclusive: Huawei partner offered U.S. tech to Iran |
Analysts see recovery sprouting at FarmVille creator Zynga |
China's ZTE slumps to quarterly loss, margins bleed |
Rolling Stones surprise Paris with $20 gig |
Obama tackles rape comments, fiscal cliff on TV talk show |
1960s music hero Riley: The pendulum will swing |
Beethoven discovery gets first performance in UK |
China's Ai Weiwei bemoans block on his Gangnam parody |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01