InfoAnda - Striking South African miners reject Lonmin pay offer |

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

Lebanon's Hariri vows to cooperate on ending crisis | 15 January 2011
Sprint users replacing notebooks with tablets | 10 December 2010
Amazon launches German e-book store | | 21 April 2011

Peter Gabriel, Abreu accept Polar Music Prize | 1 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : Striking South African miners reject Lonmin pay offer |

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 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 Political Punchlines 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 Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Reihan Salam 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 (2) Slideshow Video Full Focus Editor's choice Our best photos from the last 24 hours. Full Article Images of August Follow Reuters Facebook Twitter RSS YouTube Read Protesters try to storm German, British embassies in Sudan 8:03am EDT Texas, North Dakota universities evacuate buildings after bomb threats 12:06pm EDT Anti-American fury sweeps Middle East over film | 12:38pm EDT Analysis: Weeks before U.S. election, Mideast gives Obama perfect storm 13 Sep 2012 UPDATE 1-iPhone 5 shipping date slips; Apple seen swamped 11:19am EDT Discussed 281 U.S. ambassador to Libya, three staff killed in rocket attack 198 Obama widens lead over Romney despite jobs data: Reuters/Ipsos poll 183 Insight: GM’s Volt – The ugly math of low sales, high costs Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption World's tallest mohawk Japanese fashion designer Kazuhiro Watanabe holds the world record for the "Tallest Mohawk." Slideshow 9/11 first responders A look at the firefighters, police officers and other first responders who raced to the World Trade Center 9/11. Slideshow Striking South African miners reject Lonmin pay offer Tweet Share this Email Print Related News South Africa mine unrest could hit economy hard: Gordhan 8:02am EDT South Africa's "Juju" jinxes Zuma over mines unrest 9:12am EDT South Africa police fire tear gas to disperse miners 9:18am EDT Analysis & Opinion Witness to the Lonmin shootings Related Topics World » Related Video South Africa mining crisis escalates Thu, Sep 13 2012 1 of 3. Mine workers take part in a march at Lonmin's Marikana mine in South Africa's North West Province September 10, 2012. Credit: Reuters/Siphiwe Sibeko By Mish Molakeng MARIKANA, South Africa | Fri Sep 14, 2012 12:34pm EDT MARIKANA, South Africa (Reuters) - Wildcat strikers at Lonmin's Marikana mine rejected a pay offer on Friday, dimming prospects of ending five weeks of industrial action that has swept through South Africa's platinum sector and laid bare the power struggle in the ruling ANC. Workers on a rocky outcrop at the mine where police shot dead 34 protesters last month dismissed the offer as way below the 12,500 rand ($1,500) a month sought by members of the militant Association of Mineworkers and Construction Union (AMCU). "We are not interested," striker Molifi Phele said as hundreds of stick-waving demonstrators chanted and danced around him on the sun-bleached grass in the heart of the "platinum belt", 100 km (60 miles) northwest of Johannesburg. "What he is offering cannot buy you anything. All we want is 12,500." Lonmin said in a statement that talks had ended for the weekend and would resume on Monday at 0400 EDT. The August 16 "Marikana Massacre" has poisoned industrial relations across the mines and has the potential to be "extremely damaging" to Africa's biggest economy, Finance Minister Pravin Gordhan said, in a shift of tone from last week. The rand fell 3 percent on Wednesday as the unrest engulfed Anglo American Platinum, the world's biggest producer, and ripples have started to reach the bond market amid concerns Pretoria might resort to throwing money at the problem. "Things could get really ugly," said Manik Narain, an emerging market strategist at UBS in London. "There is a risk the government will respond to the unrest with fiscal stimulus, which will not go down well with rating agencies." The rand was broadly flat against the dollar on Friday, although it weakened briefly after police fired teargas and stun grenades to disperse another group of striking miners at an Aquarius Platinum plant in the area. Aquarius said it had closed the mine as a precaution. Global miner Xstrata did the same at a nearby chrome plant. Bonds weakened slightly, pushing the yield on the benchmark three-year note up 5 basis points to 5.54 percent. The mine shootings, the bloodiest security incident since the end of apartheid in 1994, have also made it hard for the police to use force to disperse crowds of strikers, most of whom are armed with sticks, spears and machetes. At a news conference called by six cabinet heavyweights, Justice Minister Jeff Radebe announced a crackdown on "illegal gatherings" and the carrying of weapons, but failed to say how the police would put it into effect. "All those who break the law, regardless of who they are, will be dealt with the full might of the law," Radebe said. Police Minister Nathi Mthethwa also insisted the authorities "cannot allow this to go on" but stopped short of declaring any state of emergency or calling in the army. ALLIANCE UNDER PRESSURE The crisis, which started with a violent platinum strike in January, has turned the spotlight on the alliance between big unions and the African National Congress (ANC) that has formed the crux of power since the end of white-minority rule. This year's rapid rise of AMCU, based on a push for wage hikes, has presented a threat to a status quo under which the likes of the 30-year-old National Union of Mineworkers ensure industrial stability with more modest wage increases for workers. President Jacob Zuma faces an internal ANC leadership election at the end of the year but is under pressure for a response that has at times appeared flat-footed and wooden. Meanwhile, ANC renegade and silver-tongued populist Julius Malema has seized on the mess to promote himself as a champion of the millions of black South Africans whose lives have changed little since apartheid ended 18 years ago. The Youth League leader, expelled from the ANC this year for ill-discipline, has emerged as the face of a de facto "Anyone but Zuma" campaign gathering steam as Nelson Mandela's 100-year-old liberation movement grinds towards December's leadership election. In the face of unrest spiraling into gold mines near Johannesburg, Zuma told parliament on Thursday the government would squash anybody stirring up more labor trouble, but stopped short of explicitly naming Malema. The price of platinum, a precious metal used in jewelry and vehicle catalytic converters, has spiked more than 20 percent since the Marikana shootings amid fears of prolonged disruption to supplies. South Africa is home to 80 percent of known supplies. Even though the Lonmin wage offer - thought to be in the region of 5,500 rand a month - was rejected, its shares rose 5.5 percent on the back of another jump in the platinum price following the announcement of more U.S. economic stimulus. (Additional reporting by Sherilee Lakmidas, Ed Stoddard and Sujata Rao; Writing by Ed Cropley; Editing by Philippa Fletcher and Alison Williams) 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 (2) wyldbill wrote: 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 Friday, 14 September 2012
In largely symbolic move, U.S. sanctions Hezbollah's Nasrallah |
U.S. hostage urges Jewish groups to work for his release |
What row? In China, business as usual in Japanese shops |
Hepatitis outbreak kills 16 in South Sudan refugee camps |
British police may face action over Hillsborough disaster |
With the wave of a hand, Intel wants to do away with passwords |
Glu Mobile bets on iPhone 5 gamers to score big |
A leader of hacker group Anonymous arrested in Texas |
U.S. telco mobile payments venture Isis to delay launch again |
University of California sues Facebook, Wal-mart over patents |
3D printers bring hi-tech manufacturing to the home |
Whitney Houston death tops shock celeb moments so far in 2012: poll |
Streisand, Minnelli to sing at NY Marvin Hamlisch memorial |
Britney gets mean, but X Factor debut still sinks |
U.S. embassies attacked in Yemen, Egypt after Libya envoy killed |
China surveillance ships near islands disputed with Japan |
U.S. agencies didn't issue high alert over Mideast threat |
Netanyahu deputy disagrees on setting Iran red line |
Facing criticism, Netanyahu denies interfering in U.S. vote |
What row? In China, business as usual in Japanese shops |
Japan aims to abandon nuclear power by 2030s |
Pope visits Lebanon amid Syria war, Libya protest |
Kenyan police seize suicide vests, say thwart attacks |
Dutch PM Rutte wants to form Liberals-Labour government |
Apple snubs emerging mobile payment standard |
Nintendo Wii U adds TV, video for November launch |
China's Huawei urges Australia not to discriminate on telco security |
China telecom equipment makers deny threat to U.S. security |
Sharp says talks to sell stake to Hon Hai stalled |
Twitter to surrender Occupy protester's tweets: lawyer |
Dish CEO calls CBS boss Moonves a 'bully' in ad-zapper dispute |
Anti-American fury sweeps Middle East over film |
U.S.: Syria must end nuclear stonewalling, conflict no excuse |
Striking South African miners reject Lonmin pay offer |
Syria's displaced fear homelessness as school year starts |
Floods threaten Niger's main rice crop: minister |
Turkish forces kill 80 Kurd rebels in week-long assault |
Russian parliament expels anti-Putin deputy |
Zimbabwe magistrate blocks PM Tsvangirai's wedding |
Attack on Somali president exposes fragile new era |
iPhone 5 shipping date slips; Apple seen swamped |
Apple's iPhone 5 puts Europe in 4G slow lane |
Glu Mobile bets on iPhone 5 gamers to score big |
Wall Street scams get personal in Richard Gere's Arbitrage |
Topless Kate photos cause new storm for UK royals |
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