Tuesday’s apparent softening of the union position was not enough to keep negotiations open.
They still want monthly entry wages to start at US$1,200, more than double current levels.
Despite the gloomy results, the commodities giant revenues for the year jumped 9% to $232.6 billion
Preliminary investigations indicate the deceased, an electrician, was fatally injured in a heavy equipment incident.
AngloGold had agreed to sell its Navachab gold mine to a private group, but the country's wants a piece of the pie too.
Platinum, palladium prices unmoved as South African strike enters second month.
This is the view upheld by mining consultants and labour experts in what appears to be an endorsement of Amplats’ decision to sue AMCU for R591 million.
The reality distortion field made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose.
PGM prices gain after world number two producer Implats says it can only supply customers to end March, but strikes could drag on into May.
A 52-week high.
Others refuse to come out for fear of arrest.
Rock was sold to US luxury jeweller Cora International NY through South Africa-based Golden Yellow Diamonds.
"We are not happy," said CEO Mark Cutifani.
The miner has been among the most aggressive cost-cutters and plans to find a further $3 billion in savings this year.
This was the first production report since the Anglo-Swiss firm completed the acquisition of Xstrata last May.
After a seismic event triggered a fall of ground and fire at the Doornkop mine.
The miner is also said to be ready to shut down operations at its Obuasi gold mine, in Ghana, for up to two years.
He was killed after police fired rubber and stun grenades bullets to disperse a crowd of protesters.
The accidents at Harmony this week are among the worst since a fire at a Gold Fields mine in 2012.
One other miner is still missing.
Company says conditions underground remain challenging due to smoke and small landslides.
It will connect the landlocked country's vast copper mines to the Atlantic coast.
Anglo American takes a leaf from Glencore's book, sets up trading and logistics division set to contribute $400m to profits within two years.
Despite the miner returned to profitability last year, it is now facing a strike at its processing plants.
China and the globe's largest bank takes over London unit of Johannesburg-based Standard Bank, in a transaction forecast to be the first of many as Chinese banks push overseas expansion.
While many emerging markets are teetering right now, noted economist Nouriel Roubini says chance of a fully-fledged crisis is low.
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