Minister’s Amplats stake revealed – iAfrica.com

Fri, 27 Jun 2014 1:53 PM Questions continue to be asked about Mineral Resources Minister Ngoako Ramatlhodi’s apparent conflict of interest following reports that he holds a stake in a black economic empowerment (BEE) partner of Anglo American Platinum (Amplats) worth an estimated R20-million. Shortly after his appointment last month, Ramalthodi announced his first duty would be to end the crippling strike in the platinum sector and established an inter-governmental task team to try and break the deadlock in the strike. But shortly afterwards, he announced he was withdrawing from the negotiations between platinum producers and the Association of Mineworkers and Construction Union (Amcu).   Today, the Mail & Guardian is reporting that the minister…

Amplats Workers Being Held in Mine Against Their Will, NUM Says – Businessweek

About 2,300 workers at Anglo American Platinum Ltd. (AMS)’s Dishaba mine in South Africa’s Limpopo province have been on an underground strike since 5 a.m. yesterday, and some are said to be held against their will. The workers are demanding a halt to the suspension of an Association of Mineworkers and Construction Union shop steward, Amplats said in an e-mailed statement today. A rival union, the National Union of Mineworkers, issued a statement in which it called the sit-in a “hostage drama.” Some of the workers at the mine, 113 miles (182 kilometers) northwest of Johannesburg, are NUM members and are “being held against their will,” Frans Baleni, NUM general secretary, said by phone. Amplats,…