PRX 33.3% 0.2¢ prodigy gold nl

new strike hits south african gold mine

  1. 380 Posts.
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    This could effect the POG

    Striking workers have paralysed a gold mine in South
    This could be a supply problem for gold



    Tuesday, September 11, 2012 » 07:19am

    Africa, fuelling fears that mounting discontent could spread to the entire mining sector and grip the continent's economic powerhouse for months.

    Demanding the removal of their local union leadership and asking for tax-free bonuses, 15-thousand Gold Fields workers downed tools at its KDC mine west of Johannesburg.

    The stoppage, coming exactly a month after a deadly strike was launched at Lonmin's Marikana platinum mine that left 44 dead, is the latest to hit South Africa's vital mining sector.

    Mining accounts for a fifth of GDP, but the sector - which has become a symbol of the huge economic and social discrepancies that continue to plague post-apartheid South Africa - is also a major political battleground.

    http://bigpondnews.com/articles/TopStories/2012/09/11/New_strike_hits_South_African_gold_mine_793754.html?cid=ZBP_NEWS_L_L1-9_NewstrikehitsSouthAfricangoldmine_RSS_100912
 
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