Platinum price spikes on lonmin strike

South Africa: Lessons of the platinum miners' strike Jun 16, 2014 · The longest strike in South Africa’s history has ended. For nearly five long months, platinum miners affiliated to the Association of Mineworkers and Construction Union (AMCU) held out against the arrogance and intransigence of the platinum mine bosses. On Thursday the business press broke the news that an “in principle agreement” had been reached between the platinum mines and the …

Lonmin to cut capital spending as platinum price fall bites. Following a damaging five-month strike at Lonmin and two other platinum miners last year, Ben Magara, chief executive, said labour South Africa's AMCU union to strike at world's top ... Jan 19, 2014 · By Zandi Shabalala and Ed Stoddard. RUSTENBURG, South Africa (Reuters) - The main trade union for South African platinum miners will strike next week at the world's top three producers, hitting over half of global output and the margins of companies struggling to make profits. Lonmin Platinum Archives - The Mail & Guardian Nov 05, 2019 · Lonmin to cut jobs, close shafts amid platinum slump Article Andre Janse & Van Vuuren - 25 Jul 2015 The planned 6 000 job cuts include contractors and … Lonmin: Strike by Amcu would be illegal - IOL

1980 Gold, Silver, Platinum, & Palladium Price Spikes. From 1978 to early 1980 the world witnessed a US dollar quadrupling of oil prices, a quintupling of platinum prices, a six-folding of palladium prices, and a gold price spike from $200 oz in early 1978 to a then record high of $850 oz by January 21, 1980.

Recent Strikes in South Africa’s Platinum-Group Metal Mines—Effects Upon World Platinum-Group Metal Supplies By Thomas R. Yager, Yadira Soto- Viruet, and James J. Barry . Open-File Report 2012–1273 Version 1.1, September 2013. U.S. Department of the Interior . U.S. Geological Survey Platinum spikes higher on renewed South Africa violence ... The spot platinum price jumped $14.30 on Monday, adding almost 1% to $1,692 an ounce in New York on news of renewed violence at South African mines, the number one supplier of the metal. South Africa: Lessons of the platinum miners' strike Jun 16, 2014 · The longest strike in South Africa’s history has ended. For nearly five long months, platinum miners affiliated to the Association of Mineworkers and Construction Union (AMCU) held out against the arrogance and intransigence of the platinum mine bosses. On Thursday the business press broke the news that an “in principle agreement” had been reached between the platinum mines and the … Lonmin's annual refined platinum output at eight-year high Nov 02, 2015 · (Reuters) - Lonmin said on Monday its annual refined platinum output has hit an eight-year high, as it recovers from the lengthy strike at its South African mines last year, but said it still made

Lonmin: Strike by Amcu would be illegal - IOL

Apr 29, 2014 · Price spikes make it harder for consumers to budget and encourage substitution of cheaper metals, eroding long-term demand. The last time platinum prices jumped dramatically, to an all-time high of $2,290 an ounce in March 2008, the threat to … UPDATE 2-Protesters disrupt platinum producer Lonmin's ... May 11, 2017 · UPDATE 2-Protesters disrupt platinum producer Lonmin's operations in South Africa referring to a 2012 incident where police shot dead 34 Lonmin … Platinum price upturn needed to sustain industry – Lonmin An upturn in the platinum price is needed for the sustainability of the platinum industry as a whole, Lonmin CEO Ben Magara said on Friday. The head of the large London- and Johannesburg-listed

26 Apr 2019 offer for platinum miner Lonmin, citing an increase in metal prices since since the Lonmin deal was first announced, ranging from a spike in fatal about the company's debt levels and a damaging five-month strike at its 

Lonmin's annual refined platinum output at eight-year high Nov 02, 2015 · (Reuters) - Lonmin said on Monday its annual refined platinum output has hit an eight-year high, as it recovers from the lengthy strike at its South African mines last year, but said it still made Splits in AMCU union ahead of South Africa platinum strike Jan 21, 2014 · Joseph Mathunjwa, president of the Association of Mineworkers and Construction Union (AMCU), gestures as he addresses members of the mining community during a strike at Lonmin's Marikana platinum mine in Rustenburg, 100 km (62 miles) northwest of Johannesburg, May 15, 2013. Lonmin acquired by Sibanye-Stillwater On 10 June 2019, Sibanye-Stillwater completed the acquisition of Lonmin Plc. For future reference please visit the Sibanye-Stillwater website at www.sibanyestillwater.com. Suppliers. If you are already registered on the Lonmin procurement system, please refer to www.lonminprocure.com or contact:

On 10 June 2019, Sibanye-Stillwater completed the acquisition of Lonmin Plc. For future reference please visit the Sibanye-Stillwater website at www.sibanyestillwater.com. Suppliers. If you are already registered on the Lonmin procurement system, please refer to www.lonminprocure.com or contact:

Jan 23, 2014 · Platinum miners in South Africa go on strike Striking miners at a rally near Lonmin's platinum mine in Marikana on Thursday. reports that the South African economy would suffer if the Strike-hit platinum miner Lonmin says job cuts inevitable May 12, 2014 · By Silvia Antonioli. LONDON (Reuters) - Platinum miner Lonmin said on Monday restructuring and job cuts were inevitable as it posted a steep fall in six-month earnings, suffering from South Africa's longest and most costly labour stoppage.

Oct 19, 2012 · What strikes in South Africa really mean to metals headline news in August after workers at platinum producer Lonmin PLC’s point is much closer to the market price of platinum right Platinum miner Lonmin warns of bumps in the road ahead Aug 01, 2016 · Platinum miner Lonmin warns of bumps in the road ahead a 94pc discount to the producer’s closing price of 16.25p before the rights issue A … Strike returns to platinum miner Lonmin after death ... May 14, 2013 · Strike returns to platinum miner Lonmin after death A strike has begun at South African platinum miner Lonmin after a union member was shot dead over the weekend. Platinum pay strike costs South Africa R400-million a day ... Feb 04, 2014 · Platinum pay strike costs South Africa R400-million a day. While lost revenue at Anglo American Platinum, Impala Platinum and Lonmin is about R200-million, the total cost to the country is