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South African Workers Wage War on De Beers Retrenchment
South Africa’s National Union of Mineworkers (NUM) vowed to “take De Beers to the cleaners” over looming retrenchments at the diamond giant’s Finsch mine. “We
News Jun 03, 2010 Avi Krawitz
Zale Secures Loan From Golden Gate
Zale Corporation obtained a new $150 million, five-year, senior-secured-term loan from Golden Gate Capital. The private equity firm plans to utilize the
Features Jun 01, 2010 Rapaport
NUM Declares Wage Dispute With De Beers
South Africa’s National Union of Mineworkers (NUM) declared a wage dispute with De Beers and said that it may go on strike over their disagreements with
News May 04, 2010 Avi Krawitz
Workers Strike at Petra’s Sedibeng Mine
More than 500 mineworkers at Petra Diamond’s Sedibeng operation in South Africa entered the second day of a strike, following a dispute with mnagement over
News Sep 10, 2009 Deena Taylor
Union Demands 15% Wage Increase for De Beers Miners
South Africa’s National Union of Mineworkers (NUM) has demanded a 15 percent wage increase for all miners at De Beers Consolidated Mines (DBCM). NUM spokespersons
News Jun 21, 2009 Deena Taylor
De Beers Production Plummets
De Beers Production Plummets De Beers production fell 91 percent in the first quarter of 2009 after the company scaled back its mining in line with
News Jun 01, 2009 Rapaport
Petra Negotiates to End Strike at Helam Mine in S. Africa
Petra Diamonds entered discussions with South Africa’s National Union of Mineworkers (NUM) Tuesday to end a strike at the company’s Helam mine. Just more
News Aug 12, 2008 Avi Krawitz
De Beers Averts Strike With 12% Pay Rise
De Beers avoided a strike Thursday when  the National Union of Mineworkers (NUM) accepted its proposal for a 12 percent wage increase for its South African
News Jul 24, 2008 Avi Krawitz
South Africa: Mineworkers Union Declares Wage Dispute With De Beers
South Africa’s National Union of Mineworkers (NUM) on Thursday declared a wage dispute with De Beers Consolidated Mines and two other mining companies. The NUM
News Jul 13, 2008 Avi Krawitz
De Beers Wage Deal in Dispute, Workers Threaten Strike
South Africa's National Union of Mineworkers (NUM) upped its wage increase demand from De Beers after accusing the diamond mining company of reneging
News Jun 29, 2008 Avi Krawitz
De Beers Says Cullinan Bonuses Were Fair
De Beers insisted that bonuses paid out to workers at the Cullinan mine were consistent with its fair-gain scheme in response to a march by workers
News Apr 06, 2008 Avi Krawitz
S. Africa: De Beers Unaffected by Mining 'Safety' Strike
Production at De Beers mines was not affected by a one day strike by South Africa's mine workers. The strike was called in protest to safety standards
News Dec 04, 2007 Avi Krawitz
De Beers, Marine Workers Reach Wage Agreement
De Beers Marine in South Africa agreed to increase the wages of its 70 sea-going staff by between 8.5 and 10 percent, the diamond company stated. De Beers
News Aug 28, 2007 Avi Krawitz
De Beers Raises Wage Offer, Avoids Strike
Diamond miner, De Beers, averted a strike late Tuesday (July 31, 2007) by agreeing to a double digit pay rise for its South African workers.
News Jul 31, 2007 Avi Krawitz
De Beers, Workers Meet to Avoid Strike
De Beers is scheduled to meet with South Africa's National Union of Mineworkers (NUM) late Tuesday afternoon (July 31, 2007) in a last ditch effort to avoid a strike
News Jul 31, 2007 Avi Krawitz
South Africa: De Beers Workers Could Strike July 31
South Africa’s National Union of Mineworkers (NUM) voted in favor of a strike against De Beers after the diamond miner failed to meet their wage demands.
News Jul 26, 2007 Avi Krawitz
S. Africa Platinum Modikwa Strike Continues
A workers strike at Modikwa platinum mine in South Africa remains in force despite ongoing negotiations between the mine management and the National Union of Mineworkers.
News Jan 30, 2007 Jeanette Goldman
De Beers to Close Koffiefontein Mine in S.A.
(Rapaport...January 20, 2006) De Beers Consolidated Mines reports that it will close the Koffiefontein Mine in the Free State Province, South Africa. The
News Jan 20, 2006 Jeff Miller
De Beers, NUM to Retrain Workers from Kimberley
(Rapaport...November 22, 2005) De Beers and the National Union of Mineworkers (NUM) have worked out an arrangement for the loss of 693 jobs at the
News Nov 22, 2005 Jeanette Goldman
NUM, De Beers Settle Annual Wage Negotiations
(Rapaport...October 9, 2005)Press ReleaseNUM AND DE BEERS SETTLE ANNUAL WAGE NEGOTIATIONSThe National Union of Mineworkers (NUM) and De Beers Consolidated Mines Limited (DBCM) have
News Oct 09, 2005 Press Release
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