South Africa's National Union of Mineworkers said Anglo American Platinum (Amplats), the world's largest platinum producer, again raised its wage offer on Friday, trying to head off a strike that could cause a jump in global prices of the precious metal.
Kashif Parvaiz. 26, was arrested in connection with the murder of his 27-year-old wife, Nazish Nooran.
South Africa's National Union of Mineworkers members at Impala Platinum on Friday rejected a revised pay rise offer from the world's second largest producer of the precious metal and will refer the dispute to arbitration.
South Africa's National Union of Mineworkers said Anglo American Platinum (Amplats), the world's largest platinum producer, again raised its wage offer on Friday, trying to head off a strike that could cause a jump in global prices of the precious metal.
South Africa's ruling African National Congress on Friday charged controversial youth leader Julius Malema with sowing divisions in its ranks and bringing the party into disrepute.
South Africa's National Union of Mineworkers members at Impala Platinum on Friday rejected a revised pay rise offer from the world's second largest producer of the precious metal and will refer the dispute to arbitration.
South African 800 meters world champion Caster Semenya has shrugged off talk of injury, weight issues and a rift in her camp to declare herself ready to defend her title in Daegu, South Korea early next month.
Ian Redmond was killed by a shark attack while on honeymoon with his wife Gemma in the Seychelles. Days before his attack, a Frenchman was killed in the same waters. Yet, the newlywed couple was assured that there were no sharks.
Venezuela will nationalize its gold industry and is moving its international reserves out of Western countries, President Hugo Chavez said Wednesday in a combative step ahead of his re-election.
Gold rose on Wednesday on a combination of increased inflationary pressure and ideas this week's Franco-German proposals will not solve the euro zone debt crisis.
On honeymoon in the Seychelles with his new wife, a British man, Ian Redmond, was fatally wounded in a shark attack while snorkeling. His new wife was on the beach sunbathing when it happened.
South Africa's government will lay criminal charges against Kumba Iron Ore over its application for a mining right over the company's Sishen mine it did not yet own, a lawyer for the minerals department said Wednesday.
Gold edged higher for a third day on Wednesday, propelled by investor unease over the fate of the euro zone after a Franco-German summit yielded no lasting solution to the regional debt crisis and riskier assets such as stocks eased.
South Africa's rand fell as much as 1.9 percent against the dollar on Tuesday, weighed down by a weak growth outlook for the country's main trading partner bloc and showing the worst performance among its emerging market peers.
Unions representing more than 1 million South Africa state workers said on Tuesday they had reached a wage increase deal with the government to avert a mass strike that could have slowed Africa's largest economy.
South Africa's Royal Bafokeng Platinum reported a 20 percent drop in first-half profit on Tuesday, hit by higher operating costs, and said it expected further costs increases.
The World Bank chief Tuesday called for national governments to seek long-term debt curbs to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.
The World Bank called for national governments to seek long-term debt curbs on Tuesday to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.
South Africa is in the midst of a massive waves of strikes by tens of thousands of workers across many industries which threaten to paralyze the national economy.
More than 200,000 South African municipal workers walked off the job on Monday, a trade union said, in a strike which intensifies labour strife that has rocked Africa's biggest economy.
Tanzania plans to conclude negotiations with mining companies early next month to allow the government to raise royalty payments on gold exports to 4 percent from 3 percent.
Harmony Gold, the world's fifth largest gold producer, reported a 67 percent drop in quarterly profits that fell short of market expectations as power rates and the costs of a troubled asset it recently bought took a bite from its earnings.