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.
A tripartite agreement has been reached between Anglo American Platinum (Amplats), the Department of Mineral Resources (DMR) and the relevant trade unions on measures which will cut Amplats job losses below the 6,000 proposed by the company.
The Chamber of Mines of South Africa will meet with unions early next month to discuss proposed wage demands for 2013, senior employment relations executive Elize Strydom has confirmed.
The prospect of fresh strikes in South Africa's already embattled mining sector resurfaced over the weekend after representatives of the National Union of Mineworkers (NUM) said the union would seek pay rises of up to 60% from gold and coal producers.