The Impact of the 2014 Platinum Mining Strike in South ...
The Impact of the 2014 Platinum Mining Strike in South Africa: An Economy-Wide Analysis Bohlmann, H.R., Dixon, P.B., Rimmer, M.T. and Van Heerden, J.H. November 12, 2014 Abstract In this stone we measure the economy-wide impact of the 2014 labour strike in South Africa’s platinum industry. The strike lasted …ve months,
The impact of the 2014 platinum mining strike in …
The impact of the 2014 platinum mining strike in South Africa: ... In this stone we measure the economy-wide impact of the 2014 labour strike in South Africas platinum industry. The strike lasted 5 months, ending in June 2014 when producers reached an agreement with the main labour unions.
The impact of the 2014 platinum mining strike in …
The 10% shock is derived from the fact that the platinum industry has a 20% share in the overall metal ores mining industry in UPGEM, and the strike went on for about half a year. In order to help clarify the interpretation of results, we present the impact of the various strike scenarios on metal ore mining industry output relative to the baseline in two ways.
Box 1: The impact of industrial action in the platinum ...
Box 1: The impact of industrial action in the platinum-mining sector on the South African economy According to industry sources, in 2013 the South African Platinum Group Metals (PGM) mining sector accounted for 53,4 per cent of global platinum supplies, 26,4 per cent of palladium supplies and 58,7 per cent of rhodium supplies.
Platinum Weekly Newspaper - Impact of the illegal …
Platinum Weekly Newspaper - Impact of the illegal strike at the LANXESS Chrome Mine in Rustenburg - Mining & Industry News - The percentage of miners striking is 5% of the overall workforce. As a result, the legal strike has impacted 95% of workers. Since the illegal strike by NUMSA workers, the LANXESS Chrome Mine has shut down making it difficult for approximately 1,400 miners to resume work ...
The Impact of the 2014 Platinum Mining Strike in South ...
The Impact of the 2014 Platinum Mining Strike in South Africa: An Economy-Wide Analysis . Bohlmann, H.R., Dixon, P.B., Rimmer, M.T. and Van Heerden, J.H. 28 October 2014 . Abstract In this stone we measure the economy-wide impact of the 2014 labour strike in South Africa’s platinum industry. The strike lasted five months, ending in June 2014 when
The impact of violence and intimidation on strike …
Dissertation (MBA)--University of Pretoria, 2014. The impact of violence and intimidation on strike actions and their effect on union membership in the platinum mining industry
SA’s platinum industry unlikely to meet demand for …
Platinum miners’ struggles are not dissimilar to those flowing throughout the South African mining industry – cost pressures, substantial declines in commodity prices, and low or negative profit margins. Supply and demand. South Africa provides more than 70% of primary mined platinum supply and more than 55% of total supply, including ...
Mining industry of South Africa - Wikipedia
Mining in South Africa was once the main driving force behind the history and development of Africas most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.
Platinum Mining in South Africa - ProjectsIQ
The platinum mining industry in South Africa increased production from 163 tons in 2010 to almost 200 tons in 2017, with total sales of over R9 billion. Africa Mining IQ currently tracks 82 PGM projects across South Africa across all stages of development. Active 8. Operational 22.
The Impact of the 2014 Platinum Mining Strike in …
Downloadable! In this stone we measure the economy-wide impact of the 2014 labour strike in South Africa’s platinum industry. The strike lasted five months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative ...
The impact of platinum mining in Rustenburg A high-level ...
The Rustenburg area is almost solely reliant on the platinum mining industry, which is responsible for more than 65% of local GDP and 50% of all direct jobs. The secondary GDP contributors are, by a considerable margin, finance (9%) and retail (8%). Some interviewees estimate that 70% of all local businesses depend on the local mining industry.
Strikes have negatively affected the economy ...
Strikes also have shown that they have got a negative impact, particularly in terms of motoring production in September 2013,” he said. Lehohla was referring to industrial action in the automotive sector, late last year, where work stoppages cost the country’s auto makers 50 000 in loss of production, which resulted in exports declining by 75% year-on-year.
2014 South African platinum strike - Wikipedia
South Africa is home to 80% of the worlds known platinum reserves, and produces about 70% of the worlds supply. Platinum prices have been flat since 2009 or so, due to weak demand for catalytic converters, the primary use of platinum in industry. Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a net loss.
The impact of violence and intimidation on strike actions ...
The impact of violence and intimidation on strike actions and their effect on union membership in the Platinum Mining Industry. Lusanda Khanyiso Sam . 98116755 . A Submission to the Gordon Institute of Business Science, University of Pretoria, in partial
The Impact of the 2014 Platinum Mining Strike in …
The Impact of the 2014 Platinum Mining Strike in South Africa: An Economy-Wide Analysis. Author(s): Bohlmann, HR, Dixon, PB, Rimmer, MT and Van Heerden, JH. Publication date: November, 2014. In this stone we measure the economy-wide impact of the 2014 labour strike in South Africa’s platinum industry. The strike lasted five months, ...
Mining strike hits SA macro and micro economy - …
Mining strike hits SA macro and ... strike, such as Aquarius Platinums, have not been able to capitalise on their rivals misfortunes as the strike has not had much impact on price. Spot platinum ...