5 Feb 2013

Mining

 



The wages of sin

No business can survive by selling its products for less than it costs to produce those same products. Hence, Agri SA reckons that the just-announced minimum wages for farmworkers will drive farmers to make tough decisions. As Johannes Möller, president of Agri SA says: "The 52% increase in the minimum wage for farmworkers, as announced by the Minister Oliphant ... will have drastic implications for this sector and related industries." It's also as well for farmworkers and Cosatu to realise once and for all, that it is government that sets the minimum wage.

Police Minister Nathi Mthethwa has vowed to strengthen public order policing, and says public order policing in South Africa needs to reflect the ethos of human rights and dignity. Not before time, but it will be an uphill battle, given the somewhat less than stellar record when it comes to police brutality directed at the public, suspects and protesters... Tatane and Marikana spring to mind.

One cannot help but feel that Eskom knows that they will never get the massive hikes they are demanding, but on the basis of go in high and settle for less, the Eskom public hearings kicked off in Gauteng. More than one player pointed out what impact such hikes will have on poverty, investment and a range of other issues, if granted.

Perhaps one of the first things Eskom could do is stop placing ads on TV telling us how great they are and how they care about us.

Chris Moerdyk asks whether there is light at the end of the Telkom tunnel, and points that perhaps... there is... and that is good news for consumers who for decades have been subjected to call and internet costs that are way out of kilter with what is reasonable.

Rod Baker: Content Director

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Editorial news

Mining

CCMA facilitation process in Amplats retrenchments postponed
PRETORIA: The Commission for Conciliation Mediation and Arbitration (CCMA) has postponed the planned facilitation process between itself, Anglo American Platinum (Amplats) and the respective unions around possible retrenchments. Read more >>

No decision taken on export levy for coal - Shabangu
CAPE TOWN: No decision had been taken by the government on whether or not to apply an export levy to coal, Minister of Mineral Resources Susan Shabangu said on Wednesday, 30 January 2013. Read more >>

Win BIG in the BizBigBucks Competition and celebrate Valentine's Day your way!
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Mines

Kusasalethu mine to re-open
Shares in Harmony Gold Mining bounced off their multi-year lows on Monday (4 February) after the gold producer indicated that production at its Kusasalethu mine would resume in about six weeks time. Read more >>

Platmin charged over mining at Pilanesberg
An environmental organisation has laid criminal charges against mining group Platmin for operating an open cast mine on the doorstep of the Pilanesberg Nature Reserve, Beeld reported on Monday. Read more >>

State pressure prompts Amplats to halt job cuts
[Allan Seccombe] Mining company Anglo American Platinum (Amplats) has bowed to pressure from the African National Congress (ANC) by agreeing to postpone its plans to retrench up to 14‚000 employees for 60 days to allow for "detailed consultation". Read more >>

Getting mines online
[Jaco Visagie] South Africa's mining sector is one of the largest driving forces behind and contributors to the national economy. Since the terrain where mines operate is unforgiving and working conditions are perilous, the industry has also become increasingly reliant on effective technology for delivering efficient communications and improving safety. Read more >>


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