Platinum Wage Dispute Goes to Mediation: Joburg Mining Update

By: Felix Njini

South African mining executives, investors and officials gather in the nation’s economic hub for the Joburg Indaba conference to discuss the industry’s investment prospects after years of regulatory uncertainty.

Overall, it’s been a good year for South African miners as the rally in iron ore, gold and platinum-group metal prices boosted earnings and put dividends back on the agenda. Still, looming labor disputes, a reliance on a weak currency and the slow demise of gold mining leave the industry with plenty of challenges.

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