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Peter Attard Montalto, emerging market economist at Nomura International, talks about the South African mining sector, the potential rise of further union unrest and the impact it would have on the country's economy.
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LONDON, Oct 8- The chief executive of Aquarius Platinum, the world's fourth-largest platinum miner, has resigned with immediate effect, the company said on Monday, giving no reason for his departure after more than a decade at the company.
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JOHANNESBURG, Oct 8- South Africa's Cipla Medpro said on Monday its chief executive had stepped down and he planned to take legal action against the company he founded, ending months of speculation about his future at the drug maker.
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LONDON, Oct 8- Petmin Ltd:. in kwazulu-natal in South Africa. representatives and amcu unions on October 7.
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JOHANNESBURG, Oct 8- Petmin Ltd:. *Says operations returning to normal at the company's somkhele anthracite mine. *Says deal with union includes restructuring of wage packages, increase in.
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LONDON, Oct 8- The chief executive of Aquarius Platinum, the fourth-largest platinum miner, has resigned with immediate effect, the company said on Monday, giving no reason for his departure. A replacement for Stuart Murray, who was also chairman of the miner's principal, South African subsidiary, will be considered "in due course", it said in a statement.
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DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on COMPANIES- PSG will release interim results.- The following company are trading ex-dividend or without a right to their latest dividend payout: DRDGold, Sasol, Aveng, African Oxygen, Cashbuild, Discovery, RMB Holdings, FirstRand, RMI Holdings and AVI Ltd,.
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JOHANNESBURG, Oct 8- Cipla Medpro South Africa Ltd:. *Says CEO cancelled employment contract with immediate effect. *Says CEO would institute legal action to claim damages.
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NAIROBI, Oct 8- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. *The rules of the game in South Africa's labour market have changed and. wildcat strikers at mining giant Anglo American Platinum.
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JOHANNESBURG, Oct 8- Mediclinic International Ltd:. *Says rights offer was 99.7 percent subscribed for. *Says excess rights offer shares to be allocated for 0.3 percent of rights.
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JOHANNESBURG-- The National Union of Mineworkers accused Anglo American Platinum Monday of "racism" as the impasse between striking miners and the world's top platinum producer escalated.
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JOHANNESBURG, Oct 8- South African shares edged lower on Monday after the rand weakened more than 2 percent, hitting retailers reliant on dollar-denominated imports such as Mr Price, but rewarding exporters producing in the local currency.
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BEIJING, Oct 8- China is spending $14 billion on pilot projects to turn coal in remote parts of the country into natural gas, a risky bet that could help meet the country's surging demand for the cleaner fuel.
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JOHANNESBURG, Oct 7- South African rail freight operator Transnet is bracing for a one-day strike by port and rail workers in support of a walkout by 20,000 truckers that has hit fuel supplies round the economic hub of Johannesburg and at least one car plant.
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By David Dolan and Jon Herskovitz. IKANINI, South Africa, Oct 7- The rules of the game in South Africa's labour market have changed and the new players are workers such as Tshepo Modise and Thulani Soko, wildcat strikers at mining giant Anglo American Platinum.
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JOHANNESBURG, Oct 6- Hundreds of striking South African workers rallied on Saturday to press Anglo American Platinum to revoke its decision to fire 12,000 wildcat strikers amid a wave of labour strife sweeping Africa's largest economy.
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JOHANNESBURG, Oct 6- Hundreds of striking South African workers rallied on Saturday to press Anglo American Platinum to revoke its decision to fire 12,000 wildcat strikers amid a wave of labour strife sweeping Africa's largest economy.
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JOHANNESBURG, Oct 6- Atlatsa Resources has sacked some of the 2,500 workers who went on a wildcat strike this week at its Bokoni platinum mine in South Africa, an official said on Saturday.
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*Petra Diamonds workers end walkout. JOHANNESBURG, Oct 6- Striking South African workers rallied on Saturday to press Anglo American Platinum to revoke its decision to fire 12,000 wildcat strikers amid a wave of labour strife sweeping Africa's largest economy.
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JOHANNESBURG, Oct 6- Several hundred miners have ended a strike that started earlier this week and dragged down operations at Petra Diamonds mines in South Africa, a union spokesman said on Saturday.
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*Local NUM leader shot dead near Lonmin. Later on, a trade union leader was shot dead near a mine run by platinum producer Lonmin in a potentially explosive escalation of the two-month-old violent labour unrest that took the death toll to 49..