JOHANNESBURG, Oct 25- About 100,000 workers have downed tools for better pay in South Africa since August. In October around 15,000 were sacked and thousands returned to work after threats of dismissal.
South Africa's Chamber of Mines, representing mine owners, announced Thursday that it had agreed with the National Union of Mineworkers to raise gold miners' monthly salaries by up to 500 rand, in addition to a pay raise of up to 10 percent that miners got in July, weeks before wildcat strikes hit South Africa's platinum and gold mines.
LONDON, Oct 24- Gold rose on Wednesday along with stock markets, helped by well received data from China and an upbeat earnings report from Boeing, while dealers awaited a Federal Reserve policy statement later in the day. Spot gold was up 0.1 percent at $1,709.60 an ounce at 1309 GMT, while U.S. gold futures for December delivery were up 60 cents an ounce at $1,710.
LONDON, Oct 24- Gold prices hovered near a seven-week low on Wednesday as a weak reading of the German economy lifted the dollar versus the euro, while dealers awaited the U.S. Spot gold was at $1,708.90 an ounce at 1023 GMT against $1,708.09 late in New York on Tuesday, while U.S. gold futures for December delivery were up 30 cents an ounce at $1,709.70.
FOCHVILLE, South Africa-- Ernest Morake shook his head and laughed when he heard that South Africa's president wanted striking miners to return to work. In a speech on the state of the economy on Wednesday, Zuma said wildcat strikes were damaging South Africa's economy and asked striking miners to immediately return to work.
JOHANNESBURG-- Mine bosses have aggravated South Africa's labor unrest by dismissing striking mineworkers, the Congress of South African Trade Unions said Tuesday, voicing strong support for thousands of workers who have staged wildcat strikes at gold and platinum mines across the country.
JOHANNESBURG, Oct 12- South African shares turned slightly negative on Friday as the strengthening rand currency. undermined stock prices of resource firms such as Harmony Gold.
JOHANNESBURG, Oct 12- Gold Fields Ltd:. *Says attributable production for Q3 2012 seen at 810,000 equivalent ounces. *Says on-going unlawful strike action in South Africa increases likelihood of.
CAPE TOWN, Oct 12- South African truck drivers have signed a wage deal to end a three-week strike, the freight employers group said on Friday, putting an end to a walk-out that has hit deliveries of fuel, cash and consumer goods in Africa's top economy. The strike is off immediately, "Penwell Lunga, chairman of the Road Freight Employers Association told Reuters.
*Credit Suisse raises Polymetal target price to 1290 p from 1080 p. *Credit Suisse raises Polyus Gold target price to 260 p from 240 p. *Credit Suisse raises Anglogold Ashanti target price to rand 389 from.
CAPE TOWN, Oct 12- South African truck drivers have agreed a wage deal with employers to end a three-week strike that has hit deliveries of fuel, cash and consumer goods in Africa's biggest economy, the Road Freight Employers Association said on Friday.
JOHANNESBURG, Oct 11- Striking gold miners in South Africa have rejected the industry's latest wage offer, a trade union said on Thursday, dimming hopes that strikes that have led to dozens of deaths and paralysed the sector could end soon.
JOHANNESBURG, Oct 11- Striking gold miners in South Africa have rejected the industry's latest wage offer, a trade union said on Thursday, dimming hopes that wildcat strikes that have paralysed the sector could end anytime soon.
JOHANNESBURG, Oct 11- Striking South African gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers said on Thursday, dimming hopes that wildcat strikes that have paralysed the industry could come to an end. Africa's top two bullion producers AngloGold Ashanti.
JOHANNESBURG, Oct 11- South Africa's gold output rose 0.4 percent in volume terms in August while total mineral production increased 0.8 percent compared with the same month last year, Statistics South Africa data showed on Thursday.
JOHANNESBURG, Oct 11- Striking South African gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers said on Thursday, dimming hopes that wildcat strikes that have paralysed the industry could come to an end. "This was a final offer from the companies. They said take it or leave it, "NUM spokesman Lesiba Seshoka said."
DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on ECONOMIC EVENTS. Asian shares tracked Wall Street lower on Thursday as weak forecasts from U.S. corporate bellwethers underscored concern over global demand, particularly from China, and kept oil and other commodity prices under pressure.
NAIROBI, Oct 11- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. KENYA- Central Bank of Kenya to auction 91- day Treasury bills. MAURITIUS- Bank of Mauritius to auction 182- day Treasury bills worth a.
JOHANNESBURG, Oct 10- South African shares turned positive for the first time this week but Gold Fields and other bullion mining firms took a beating from a recovery in the local currency. Absa, the South African bank majority owned by Barclays, fell 2.8 percent to 134.60 rand.
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.