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The threat of future strikes is a blow to government attempts to address investor unease, which it is seeking to do by soothing tensions between unions and miners, and improving…
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DOI: 10.1108/OXAN-DB210397
ISSN: 2633-304X
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The new rules remove corporate tax, but hike mining royalties to 20% for open pit mines (up from 6%), and 8% for underground mines (also up from 6%). Some flexibility in the…
Mining sector improvement?
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DOI: 10.1108/OXAN-DB233357
ISSN: 2633-304X
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Lonmin has spent 1.6 billion dollars in cash since 2008 and lost 98% of its value since 2012. The takeover will reportedly see 12,600 of Lonmin’s 35,000 jobs cut over three years…
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DOI: 10.1108/OXAN-DB227529
ISSN: 2633-304X
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The platinum industry faces an uncertain future.
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DOI: 10.1108/OXAN-DB207414
ISSN: 2633-304X
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Efforts to tackle financial problems at state-owned coal miner Polska Grupa Gornicza (PGG) were deferred during the two-year election cycle which ended in July. PGG faces the…
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DOI: 10.1108/OXAN-DB256279
ISSN: 2633-304X
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South Africa's upcoming credit rating and interest rate decisions.
Due to take effect on May 1, it would introduce a single wage floor set at 20.0 rand (1.5 dollars) per hour. The NMW is a significant departure from current minimum wage…
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DOI: 10.1108/OXAN-DB225771
ISSN: 2633-304X
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US President Joe Biden’s trade representative Katherine Tai was central to creating the USMCA’s labour provisions, and Biden has made enforcing them a priority in his trade…
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DOI: 10.1108/OXAN-DB259211
ISSN: 2633-304X
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Mexico's trade unions.