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impact of motor strike on platinum mining industry



Numsa strike impact wider than steel industry | Fin24- impact of motor strike on platinum mining industry ,2 Jul 2014 . The Steel and Engineering Industries Federation of SA is concerned . industries like mining, construction and auto manufacturing. said Nyatsumba. hammering as a result of the strike in the platinum sector that ended last.Platinum Price Posed For Big Rise If South African Strike Talks Fail .7 Jun 2014 . That platinum has not reacted positively to the strike by 70,000 mine . from vehicle engines, as well having a market in the jewelry industry . It is possible that the platinum market will continue to ignore the effects of the South.





The platinum supply shock - MINING

5 Jun 2014 . Both auto production and emissions standards are steadily increasing . Though industrial applications have the largest impact on its price, platinum . miners went on strike against the three largest platinum producers in the.

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strikes on News24

strikes articles on News24. Impala Platinum has posted a drop in earnings after most of its SA operations had . Mining must benefit majority: Ramatlhodi.

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Hudaco interim results highlight platinum strike impact | Mining News

30 Jun 2014 . Hudaco Industries has delivered disappointing yet resilient results for the first . power transmission and diesel engine to the mining industry.

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Strike halts GM plant Toyota says business as usual | Automotive .

4 Jul 2014 . General Motors suspended production at its main South African plant after a . with the National Union of Mineworkers went on strike at Impala Platinum'.s IMPJ.J Marula mine on Friday demanding higher wages, in apparent . showed the escalating impact of the walkout, after NUMSA rejected an increased.

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SABC News - Strike

Platinum producer Lonmin aims to cut around 5 700 jobs, about 21% of its South . to the prolonged and violent strikes experienced in various industries recently. like a local company to buy mines being sold by Anglo American Platinum.

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Platinum price volatility looming | GulfNews

18 May 2014 . Analysts warn that respite brought about by stockpiling production . prevented a prolonged South African platinum strike from causing a . Based on 2013 data by the country'.s top three platinum mining companies, . Any sustained increase in the platinum price could have far-reaching impact for motor.

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AMCU strike causing irreparable harm - Mines | Africa News .

The impact of the mining strike by Amcu, which began in January, has caused irreparable harm as .While the platinum companies remain open to discussions with the Association of . Annual motor trade sales decreased by 1.1 percent.

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Palladium futures hit highest level since 2001 amid South African .

11 Jun 2014 . The main reason is a strike in South Africa, which began in January and is now the longest mining strike in the country'.s history. Demand for the metal is tied directly to the auto sector, as its most important use is in . are having a huge impact on palladium prices, but almost zero impact on platinum prices.

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News Analysis: Strikes come at bad time for South Africa CCTV .

28 Jan 2014 . The current strikes in South Africa´s mining sector come at a bad time for a . demand for South African platinum has been from the motor industry in . is earned through mining, these figures would have an adverse impact on.

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Anglo American Platinum About Us Market Review

If South African platinum production returns to pre-strike levels, then the . The ongoing economic uncertainty in Europe continued to impact demand for new . for lean-burn gasoline engines is benefiting the demand for platinum. however, .. Announcements of mine closures in June failed to give support to the price and.

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South Africa Strikes, Protests and Travel Delays | Strike Informer

S.Africa'.s Impala Platinum says 2,000 workers strike at Marula mine . level since August 2009 as an 18-week strike in the platinum industry curbed demand.

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News Analysis: Strikes come at bad time for South Africa - Xinhua .

28 Jan 2014 . The current strikes in South Africa'.s mining sector come at a bad time for a . demand for South African platinum has been from the motor industry in . is earned through mining, these figures would have an adverse impact on.

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BBC News - Economic impact of South Africa platinum mine strike

23 Jan 2014 . Economic impact of South Africa platinum mine strike . South Africa holds about 80% of the world'.s known platinum . Motor industry worker.

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Ventures Africa | The Culture Of Strike In Africa And Its Attending .

5 Jul 2014 . Shortly after the resolution of the strike in the platinum mining sector has been . the miners'. strike was resolved, its effects would not disappear soon. government to remove the subsidy on Premium Motor Spirit (PMS), the.

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The Platinum Supply Shock - Euro Pacific Precious Metals

5 Jun 2014 . Both auto production and emissions standards are steadily increasing . Though industrial applications have the largest impact on its price, platinum . miners went on strike against the three largest platinum producers in the.

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Nine week miners strike has cost platinum industry $1 billion

28 Mar 2014 . Global platinum industry and local economy suffering the effects of South . A nine-week strike by miners in South Africa'.s platinum industry has . production of emissions-capping catalytic convertors used in motor vehicles.

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The Militant - July 28, 2014 -- Strike by parts workers shuts other .

28 Jul 2014 . The strike by more than 220,000 workers in South Africa is having a widening impact. BMW South Africa has cut production by at least one-third. The walkout follows on the heels of a successful five-month strike by platinum miners. The strike is centered in factories making parts for the mine, auto and.

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New blow to industry as Numsa calls strike | Labour | BDlive

27 Jun 2014 . The metal workers strike will come less than a week after the end of a . a cross-section of businesses, especially suppliers and contractors to the mines.The metals industry is still dealing with the effects of the platinum strike..

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Platinum strike to have largest impact on March mining production

12 May 2014 . The ongoing industrial action in the platinum sector would have the largest . Platinum strike to have largest impact on March mining production . the event dates of the 2015 Johannesburg International Motor Show (JIMS).

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Platinum and Palladium: A Fundamental Shift | Casey Research

23 May 2013 . In turn, the fortunes of the auto industry are sensitive to the health of the . But as we wrote last December, the strikes ended without great impact on long-term . Labor strikes continue to haunt the platinum mining companies.

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Motor, catalytic converter firms hold breath for end to dispute .

13 Jun 2014 . THE automotive industry in the Eastern Cape will heave a huge sigh of . the platinum miners'. strike had not yet had a damaging effect on the.

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PLATINUM 2013 - Platinum Today - Johnson Matthey

750,000 oz of production were lost to legal and illegal strikes, safety stoppages and closure of . for palladium autocatalysts from the auto industry and a substantial swing in investment demand from . including production from alluvial platinum mines, fell by . major impact on supply in 2012 was a fall in sales of metal.

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Analysis: Who fixes platinum prices? - The New Age

How amazing therefore, that after 12 weeks of strikes in the platinum industry . Most of the platinum mined in South Africa is used in the production of . platinum is used in the motor vehicle industry and impacts only on the cost of the vehicles.

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Dark cloud hangs over Rustenburg as platinum strike starts 11th .

3 Apr 2014 . Doreen Joubert sits at her Mega Pawn shop and complains that a 10-week wage strike in the world'.s biggest platinum mining industry is.

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S. African Engineering Strike Latest Blow to Sickly Economy

1 Jul 2014 . South Africa is still reeling from a five-month strike in the platinum mines that ended with a wage . The latest strike will likely hit companies such as construction and . stoppage could affect production in the important automotive sector. members at major auto makers cost the industry around $2 billion.

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SA economy trapped in low growth | Cover Story | financialmail

12 Jun 2014 . The failure to end the platinum mining strike, the admission by . parts to the auto industry and that this .could have a disastrous impact on their.

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Counting costs of South Africa's mining strikes - BizNews

22 Jul 2014 . Hands up if you are puzzled that South African mining industry bosses have . as the globe'.s most profitable platinum mine, was unaffected by the strike. This GDP multiplier effect shows that the impact of the recent strike will . 09:27, COMBINED MOTOR HOLDINGS LIMITED - Notification in terms of.

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Tsunami mining strike changes landscape | Business | Business .

27 Jun 2014 . Retrenchments in the platinum mining sector are now all but . than the basic wage of about R37nbsp.000 in the motor industry, R4 000 in the . It is also possible that the future impact of the recently ended platinum strike may.

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