impact of motor strike on platinum mining industry
  • SA mining production to improve as platinum strike fades

    08/06/2015· By Coface, international credit insurer. Growth in SA mining production should continue to improve in the coming months as the effects of last year's five-month platinum strike works through the economy.. However, poor global growth, lower commodity prices and interrupted electricity supply will keep output relatively weak.

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  • The impact of the 2014 platinum mining strike in South

    In this paper we measure the economy-wide impact of the 2014 labour strike in South Africa's platinum industry. The strike lasted 5 months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the South

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  • Job losses in mining sector: who benefits?

    12/08/2015· During the five-month long platinum strike, the industry more than anyone else, complained, stating that the strike was economic sabotage. Now they

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  • Impact Of Motor Strike On Platinum Mining Industry

    Impact Of Motor Strike On Platinum Mining Industry; Impact Of Motor Strike On Platinum Mining Industry We are a large-scale manufacturer specializing in producing various mining machines including different types of sand and gravel equipment, milling equipment, mineral processing equipment and building materials equipment. And they are mainly used to crush coarse minerals like gold and copper

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  • SA Mine 2019 (11th edition) - PwC

    The SA mining industry is in transition from a deep level, labour intensive, conventional mining environment to a mechanised shallower, technologically advanced industry. Over the last 15 years, overall mining production has declined marginally, as declining deep level gold production is offset by increased bulk and base metal commodity production. Ten-year historical financial information (R

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  • 2012 SA mining strikes for dummies - Daily Maverick

    18/10/2012· Impala Platinum has been more relaxed since the January strikes but the company issued a 4.8% pay rise in September to avert violent industrial action

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  • The economic impact of Marikana - The Mail & Guardian

    02/11/2012· The miners' strike at Mari- kana, close to Rusten- burg, in August this year, will long be remembered for the violence and loss of life associated with it and its effect on South Africa's economy.

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  • Mining strike hits SA macro and micro economy - The Mail

    20/03/2014· Even operations not on strike, such as Aquarius Platinum's, have not been able to capitalise on their rivals' misfortunes as the strike has not had much impact on price. Spot platinum prices are

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  • The impact of violence and intimidation on strike actions

    targets that industry for job security, better wages and better working condition (Crain, 2006). In the South African platinum industry the National Union of Mineworkers (NUM) has traditionally been the largest union within the platinum mining sector in South Africa

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  • SA's platinum industry unlikely to meet demand for supply

    SA's platinum mining industry is unlikely to meet supply in the medium-term due to a lack of investment in the sector, according to an analysis on the platinum industry released by PwC today. Andries Rossouw, PwC Partner in Assurance, says: "The lack of investment in the recent past in SA's platinum mining industry due to the low price environment and industrial action from 2012 to 2014

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  • Job losses in mining sector: who benefits?

    12/08/2015· During the five-month long platinum strike, the industry more than anyone else, complained, stating that the strike was economic sabotage. Now they

    Get Price
  • The Impact of the 2014 Platinum Mining Strike in South

    The 10% shock is derived from the fact that the platinum industry has a 20 per cent share in the overall metal ores mining industry in UPGEM, and the strike went on for about half a year. In order to help clarify the interpretation of 3S eD ix on& R m r(20 : 18 9 -4) f ad t lph c su y function.

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  • The effects of strikes in the South African gold mining

    Hypothesis Two (H2): Unprotected strikes in the gold mining industry have a negative impact on share prices. 3 (H20): Hypothesis Three (H3): Settlement of strikes in the gold mining industry has a positive impact on the share price. (H30): There is no effect of settlement of strike activity in the gold mining industry on the share price. Hypothesis Four (H4): The duration period of gold

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  • The Impact of the 2014 Platinum Mining Strike in South

    In this paper we measure the economy-wide impact of the 2014 labour strike in South Africa's platinum industry. The strike lasted five months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the

    Get Price
  • The impact of violence and intimidation on strike actions

    targets that industry for job security, better wages and better working condition (Crain, 2006). In the South African platinum industry the National Union of Mineworkers (NUM) has traditionally been the largest union within the platinum mining sector in South Africa

    Get Price
  • The impact of the 2014 platinum mining strike in South

    01/12/2015· The first round impact of the shock is to reduce productive capital in the metal ores mining industry in 2014 by 10%, and also to reduce the economy-wide labour supply by a number equal to 10% of the metal ores labour supply.

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  • Platinum Mining in South Africa - ProjectsIQ

    Why 170 companies subscribe to Africa Mining IQ: The platinum mining industry in South Africa increased production from 163 tons in 2010 to almost 200 tons in 2017, with total sales of over R 9 billion. Africa Mining IQ currently tracks 82 platinum projects across South Africa across all stages of development. As of March 2018 these are: Total SA Mining Projects. Platinum Group Metals Mining

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  • Restoring investor confidence in the South African mining

    01/01/2016· The mining industry plays a fundamental role in the South African economy as mining and quarrying exports constitute approximately 40% of total exports. The mining industry is South Africa's biggest employer, with around 460,000 employees, and another 400,000 people are employed by the suppliers of goods and services to the industry. South Africa has attracted the world's leading

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  • Unions should think twice about strikes before committing

    11/04/2019· Minerals Council of South Africa warned recently that 90,000 jobs are in jeopardy in the platinum industry owing to a combination of strikes, poor demand, a drop-in production, and the rising cost of electricity.

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  • THE IMPACT OF MINING ON THE SOUTH AFRICAN ECONOMY

    Although mining itself accounts for only 11% of all gross fixed capital formation (GFCF), the mining industry's demand for other goods has an impact on levels of investment by other sectors, especially manufacturing, whose own contribution to gross fixed capital formation is nearly 14%. Transnet, which depends on mining for a large part of its business, accounts for more than 7% of all fixed

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