Posts Tagged ‘northam platinum ltd’

South Africa's major mine workers union says it will begin wage talks with the platinum miner on Wednesday and is demanding a $148 per month increase for its workers Full story

Black-owned Northam Platinum will be able to speed up development work at its Booysendal project to ensure it meets its January 2013 production target. Full story

The platinum miner which was hit by a strike and safety-related stoppages said that the outlook for the rest of the year remains challenging Full story

Northam Platinum Limited (Northam) announced today its firm intention to make an all share offer to acquire the entire issued ordinary share capital of its major shareholder Mvelaphanda Resources Limited (Mvela Resources) after the distribution by Mvela Resources of its 50.4% shareholding in Northam to its shareholders. This development follows the finalization of Mvela Resources' unbundling strategy. Full story

Suspension of operations in wake of fatality at Zondereinde mine lifted. Loss caused by halt in mining estimated at 1,000 PGMs. Full story

Talks dragged on as workers, who have been on strike for five weeks, rejected Northam's latest pay offer of a 9.5 percent rise and a housing allowance of 1,750 rand a month Full story

Bidvest Group and Northam Platinum are among at least 10 South African companies that could be targets for acquisition by foreign bidders seeking growth opportunities in the wake of $15 billion (R105bn) worth of deals announced since July by Wal-Mart Full story

South Africa's Solidarity union said it has signed a wage agreement to end its strike at a mine owned by Northam Platinum. The union has agreed to an 8.5% increase in wages and another 8.5% increase in housing subsidies. The agreement will be implemented Full story

Publishing Date Author Mining Journal Northam Platinum Ltd has advised the strike at its Zondereinde mine in the Limpopo province of South Africa continues. The company said the second round of mediation talks with the National Union of Mineworkers (NUM) Full story

South Africa's National Union of Mineworkers said Thursday its members had rejected the company's 8.5% revised wage increase offer Full story