- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Asian Stocks Likely to Fall After Europe Selloff
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Where Do Pardoned Turkeys Go?
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Chinese Overcapacity is Worsening, EU Chamber Warns
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Fannie Mae to Tighten Lending Standards: Report
- Great Britain, No Longer That Great: Investor
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
Text Size 
JOHANNESBURG Nov 16 (Reuters) - South Africa's biggest union is considering legal action against Harmony Gold over its plans to close some mines, which could axe about 2,000 jobs, the Business Report newspaper reported on Monday. The paper said the National Union of Mineworkers (NUM) was seeking legal advice over court action after Harmony served the union with a closure notice for some of its facilities. "We have taken the documents to our attorneys and it will depend on how they advise us," NUM spokesman Lesiba Seshoka told the paper. Harmony, the world's fifth biggest gold producer, said last week it would likely close relatively small mines with about 35-50,000 tonnes of low grade ore output per month within the next six months as a result of high operational costs due to a strong rand currency . (Reporting by Shapi Shacinda; Editing by Keiron Henderson) (For more Reuters Africa coverage and to have your say on the top issues, visit: http://af.reuters.com) Keywords: HARMONY/ (shapi.shacinda@thomsonreuters.com; +27 11 775 3158) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes