South African labour minister Mildred Oliphant is to meet with two major trade union federations this weekend to discuss the union rivalry currently causing disruptions in the mining sector.
The Chamber of Mines of Zimbabwe says tighter proposed state control over the sale of minerals would hit Anglo American Platinum (Amplats) and Impala Platinum Holdings (Implats), slow down foreign investment and stunt growth in the Zimbabwean mining industry.
South African finance minister Pravin Gordhan says that mining companies, the government and the labour unions need to end disputes that are halting mine operations and have pushed the rand to a four-year low to the dollar.
The Chamber of Mines of Zimbabwe says tighter proposed state control over the sale of minerals would hit Anglo American Platinum (Amplats) and Impala Platinum Holdings (Implats), slow down foreign investment and stunt growth in the Zimbabwean mining industry.
Anglo-Australian mining giant Rio Tinto ‒ which operates a large open cast coal mine at Benga, in the western Mozambican province of Tete ‒ has announced that it is laying off staff in its Mozambican operations due to losses in 2012. It has forecast further losses for this year.