This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
Reuters reports that Sibanye Gold has cleared the final regulatory hurdle for its $330 million acquisition of Anglo American Platinum's (Amplats’) Rustenburg mines.
The company indicated on Wednesday that the deal, first announced over a year ago, was on track for completion at end of the month after approval from the Mineral Resources Department was secured. The deal, along with the takeover of Aquarius Platinum last year, will put Sibanye, which is SA’s second-largest gold producer, into the global top five producers of platinum group metals. For Amplats, the transaction allows it to focus its strategy on newer, mechanised and less labour intensive mines.
- Read this report in full at Business Report
- Read too, Sibanye joins platinum big league as RPM deal live from 1 Nov, at Miningmx
Get other news reports at the SA Labour News home page